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Contract Loan Processor Jobs (NOW HIRING)

First National Bank USA

Be Seen First

Loan Processor

New Orleans, LA · On-site

$40K - $60K/yr

Complete loan contracts and ensure clients are kept informed of the rules and requirements ... A minimum of 2 years' experience as a Loan Processor or similar role. * In-depth knowledge of ...

CAG Acceptance

Loan Processor

Scottsdale, AZ · On-site

$18 - $21/hr

Correct inaccurate or incomplete information and maintain detailed processing records * Follow up on loan approvals, coordinate contract pickups from dealerships, and build strong dealer ...

Boutique Recruiting

Loan Processor

Irvine, CA · On-site

$20.25 - $26.75/hr

Finalize loan contracts and keep clients informed in rules and obligations * Remain up to speed ... Loan Processor role * BSc degree in finance, economics, or a related field * Comprehension of ...

CAG Acceptance

Loan Processor

Scottsdale, AZ · On-site

$18 - $21/hr

Correct inaccurate or incomplete information and maintain detailed processing records * Follow up on loan approvals, coordinate contract pickups from dealerships, and build strong dealer ...

Pyramid Corporation

Loan Processor

Richfield, MN · On-site

$19.50 - $26/hr

Loan Processor Immediate need for a talented Loan Processor with experience in the Banking and ... This is a 12+ Months Contract opportunity with long-term potential and is located in Richfield, MN.

LHH US

Loan Processor

Overland Park, KS

$25 - $27/hr

Loan Processor | Overland Park, KS Full-Time | Contract | $25-$27ph. LHH is partnering with a well-established financial services company in the Overland Park, KS who is seeking a detail-oriented ...

Tri Pointe Homes Holdings, Inc.

Loan Processor

Scottsdale, AZ · On-site

$19 - $25.25/hr

Loan Processors at Tri Pointe Connect work closely with homebuyers, loan consultants, and ... contract close of escrow deadlines * Maintain updated communication logs or other status reports as ...

Team Architects

Loan Processor

Charlotte, NC · On-site

$65K - $70K/yr

Job Title: Loan Processor Position Summary We are seeking an experienced and detail-oriented ... docs, purchase contracts, etc.) * Ensure completeness and accuracy prior to submission to ...

LHH US

Loan Processor

Overland Park, KS · On-site

$25 - $27/hr

Loan Processor | Overland Park, KS Full-Time | Contract | $25-$27ph. LHH is partnering with a well-established financial services company in the Overland Park, KS who is seeking a detail-oriented ...

Total Mortgage Services

Loan Processor

West Hartford, CT · On-site

$19 - $25.50/hr

Loan Processor This position is responsible for processing first mortgages within the required ... Manage pipeline to ensure critical dates are met including contingency, contract closing, and lock ...

Dexian DISYS

Loan Processor

Portland, OR · On-site

$20 - $26.50/hr

... tax contracts, payment of property taxes, and review and processing of insurance renewals. Support the Loan Servicing Specialists and Mortgage Escrow Analyst and Servicer in the areas of escrow ...

Sharp Mortgages, Inc.

Loan Processor

Jacksonville, FL

$60K/yr

Onboard all newly received contracts for Rate Lock Consultation * Be able to prepare Loan Estimates ... Coordinate closely with loan processing teams * Contact borrowers, attorneys, and realtors 24 hours ...

Commercial Credit Group

Loan Processor

Hartford, CT · On-site

$19 - $25.50/hr

Identifies and seeks missing information necessary to complete contracts. * Maintains customer ... Communicates loan terms to customer and answers questions. * Assembles final loan package for ...

Total Mortgage Services LLC

Loan Processor

West Hartford, CT · On-site

$19 - $25.50/hr

Job Title: Loan Processor Department: Processing Location: Hybrid/Remote - CT based Position ... Manage pipeline to ensure critical dates are met including contingency, contract closing, and lock ...

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All JobsContract Loan Processor Jobs

Contract Loan Processor information

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$13

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$30

How much do contract loan processor jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for contract loan processor in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What are some common challenges faced by contract loan processors, and how can they be addressed?

Contract Loan Processors often encounter challenges such as fluctuating loan volumes, tight deadlines, and frequent changes in lending regulations. Meeting these demands requires strong organizational skills and the ability to adapt quickly to new processes or software. Building effective communication with loan officers, underwriters, and clients is essential for resolving documentation issues promptly and ensuring smooth loan processing. Staying updated on industry guidelines and maintaining meticulous attention to detail can help mitigate errors and delays, ultimately leading to successful loan closures.

How do you become a contract loan processor?

To become a contract loan processor, candidates typically need a high school diploma or equivalent, along with experience in loan processing or related administrative roles. Familiarity with loan software, attention to detail, and knowledge of lending regulations are important; some positions may require certification or training in mortgage or loan processing. Contract roles often require flexibility and the ability to work independently within set deadlines.

Is a contract loan processor a difficult job?

A contract loan processor's job involves reviewing loan documents, verifying borrower information, and ensuring compliance with lending guidelines, which requires attention to detail and organizational skills. The difficulty level depends on workload, complexity of loans, and familiarity with loan processing software, but it generally involves routine tasks with some pressure during busy periods.

What are the key skills and qualifications needed to thrive as a contract loan processor, and why are they important?

To thrive as a Contract Loan Processor, you need strong knowledge of mortgage loan products, compliance regulations, and experience with loan processing, typically supported by a high school diploma or equivalent. Familiarity with loan origination systems (LOS) like Encompass or Calyx, and understanding of automated underwriting systems (AUS), is crucial. Excellent organizational skills, attention to detail, and effective communication with clients and team members set top performers apart. These competencies ensure efficient, accurate loan processing while maintaining regulatory compliance and client satisfaction.

What does a contract loan processor do?

A Contract Loan Processor is a professional who temporarily works with mortgage lenders or brokers to process loan applications. They review and verify all documentation, such as income, credit reports, and property details, to ensure they meet lending requirements. Contract Loan Processors often work independently or through agencies, providing their services on a per-loan or short-term basis. Their main goal is to help facilitate smooth and timely loan approvals by coordinating between borrowers, lenders, and underwriters.

What is the difference between Contract Loan Processor vs Underwriter?

AspectContract Loan ProcessorUnderwriter
CredentialsTypically requires a high school diploma or equivalent; certifications like NMLS may be preferredOften requires mortgage or financial certifications; some roles need a license or specific underwriting training
Work EnvironmentOffice setting, processing loan documents, communicating with clients and lendersOffice setting, assessing risk, reviewing loan applications and supporting documents
Industry UsageCommonly employed in mortgage and lending companiesUsed across mortgage, banking, and financial institutions

The main difference is that Contract Loan Processors handle the initial processing and documentation of loans, while Underwriters evaluate the risk and approve or deny loan applications. Both roles are essential in the mortgage industry and often work closely together to ensure loan approval processes are efficient and compliant.

More about Contract Loan Processor jobs
What cities are hiring for Contract Loan Processor jobs? Cities with the most Contract Loan Processor job openings:
What are the most commonly searched types of Loan Processor jobs? The most popular types of Loan Processor jobs are:
What states have the most Contract Loan Processor jobs? States with the most job openings for Contract Loan Processor jobs include:
What job categories do people searching Contract Loan Processor jobs look for? The top searched job categories for Contract Loan Processor jobs are:
Contract Loan Processor jobs near you
Infographic showing various Contract Loan Processor job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Loan Processor

First National Bank USA

New Orleans, LA • On-site

$40K - $60K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 25 days ago

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Job description

Responsibilities:

  • Collect and prepare all necessary documentation for the loan package.
  • Research applicant credit status and current financial position.
  • Prepare and maintain all paperwork for existing and new loans, including loan disclosures.
  • Complete loan contracts and ensure clients are kept informed of the rules and requirements.
  • Submit files to the designated Underwriter and/or Board.
  • Conduct interviews to assess client eligibility for loans or mortgages.
  • Ensure you comply with the established regulations and law requirements.
  • Follow-up with clients and third parties to verify important information.
  • Verify documentation for completion and accuracy.
  • Request and review third party documentation such as appraisals, evaluations, title work, insurance, etc...

Requirements:

  • Bachelor’s degree in finance or relevant field is preferable.
  • A minimum of 2 years’ experience as a Loan Processor or similar role.
  • In-depth knowledge of closing procedures, loan processes, and documentation.
  • Good understanding of banking and mortgage computer software and MS Office.
  • Excellent interpersonal and communication skills.
  • Good multitasking abilities with outstanding time management skills.