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Contract Mortgage Processing Jobs (NOW HIRING)

Mortgage Processor

Denver, CO ยท On-site

$41K - $56K/yr

... processing and a keen eye for detail, we encourage you to apply for this rewarding opportunity. * 1099 contract position * Flexible schedule (2-3 days in the Denver office) * Contractor is ...

Mortgage Processor

Atlanta, GA ยท On-site

$38K - $52K/yr

Collaborate with loan officers to gather necessary information for loan processing. * Prepare and ... Familiarity with banking operations and contract management related to mortgage loans. * Excellent ...

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Mortgage Processor

Urbandale, IA ยท On-site

$45K - $85K/yr

... files meet contract and closing deadlines. ยท Review loan files for compliance with investor ... Qualifications ยท Minimum 2 years of residential mortgage processing experience required. ยท ...

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Senior Mortgage Processor

Bronx, NY ยท On-site

$5.0K - $10K/mo

We are seeking a Contract Mortgage Processor - to become a part of our team! You will evaluate and ... Please be aware that this is contract processing, which means we pay per file and it is 1099 We pay ...

Administrator, AACU Mortgage Processing 3+ months contract with the potential to extend or convert. 100% onsite. Interviews will be 2 rounds: 1st is phone screen, 2nd onsite (if needed). PAY rate is ...

Mortgage Loan Processor III

Saint Paul, MN ยท On-site

$40K - $55K/yr

Mortgage Loan Processor III Waterstone Mortgage is seeking a highly skilled Mortgage Loan Processor ... from contract through closing. In this role, you will manage the full processing lifecycle ...

Mortgage Loan Processor

$40K - $56K/yr

You'll handle the entire loan process, from contract to close. Responsibilities will include ... minute issues so mortgage applications are filed in a timely manner. Job seekers should be ...

Mortgage Processor

Kalamazoo, MI ยท On-site

$23.75 - $27.50/hr

This contract opportunity is ideal for someone who understands the full mortgage processing lifecycle and can keep files moving accurately and efficiently in a banking environment. The right ...

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Contract Mortgage Processing information

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$12

$20

$33

How much do contract mortgage processing jobs pay per hour?

As of Jul 11, 2026, the average hourly pay for contract mortgage processing in the United States is $20.84, according to ZipRecruiter salary data. Most workers in this role earn between $15.87 and $19.95 per hour, depending on experience, location, and employer.

What are some common challenges faced by contract mortgage processors, and how can they be managed effectively?

Contract mortgage processors often encounter challenges such as managing fluctuating workloads, keeping up with frequently changing regulations, and ensuring accurate, timely document collection from clients. To manage these challenges, it's important to establish strong organizational systems, stay current on industry updates, and maintain clear communication with loan officers, underwriters, and borrowers. Utilizing workflow management tools and building solid relationships with team members can also help streamline processes and improve efficiency in this dynamic environment.

What is the difference between Contract Mortgage Processing vs Mortgage Underwriting?

AspectContract Mortgage ProcessingMortgage Underwriting
Primary RolePrepares and reviews mortgage documents, verifies borrower information, and ensures application completeness.Assesses risk, reviews financial data, and approves or denies loan applications based on creditworthiness.
Required CredentialsTypically requires mortgage processing experience, knowledge of loan documentation, and sometimes certification.Requires underwriting experience, knowledge of lending guidelines, and often certifications like DE or LAPP.
Work EnvironmentOffice-based, often within banks, lenders, or mortgage companies.Office-based, within lending institutions or underwriting firms.

Contract Mortgage Processing focuses on preparing and verifying mortgage documents, while Mortgage Underwriting evaluates borrower risk and makes approval decisions. Both roles are essential in the mortgage lending process but differ in responsibilities and expertise required.

What is contract mortgage processing?

Contract mortgage processing involves outsourcing the mortgage loan processing function to third-party professionals or firms. These specialists handle tasks such as collecting borrower documentation, verifying information, coordinating with lenders and underwriters, and ensuring compliance with regulations. This service helps mortgage companies and lenders improve efficiency, reduce overhead costs, and manage variable workloads. Contract processors work on a per-loan or contract basis, without being direct employees of the lending institution.

What are the key skills and qualifications needed to thrive as a Contract Mortgage Processor, and why are they important?

To thrive as a Contract Mortgage Processor, you need a solid understanding of loan processing procedures, mortgage industry regulations, and document verification, typically supported by experience in finance or real estate. Familiarity with loan origination systems (LOS) such as Encompass, as well as knowledge of compliance software and automated underwriting systems, is crucial. Attention to detail, strong organizational skills, and effective communication are vital soft skills for managing complex paperwork and collaborating with lenders and borrowers. These skills ensure accurate, timely processing of mortgage applications, minimize errors, and facilitate smooth transactions for clients and financial institutions.
More about Contract Mortgage Processing jobs
What cities are hiring for Contract Mortgage Processing jobs? Cities with the most Contract Mortgage Processing job openings:
What are the most commonly searched types of Mortgage Processing jobs? The most popular types of Mortgage Processing jobs are:
What states have the most Contract Mortgage Processing jobs? States with the most job openings for Contract Mortgage Processing jobs include:
Infographic showing various Contract Mortgage Processing job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 62% Full Time, 19% Part Time, 1% Temporary, and 17% Contract. Highlights an 80% Physical, 2% Hybrid, and 18% Remote job distribution, with an average salary of $43,357 per year, or $20.8 per hour.
Mortgage Processor

$41K - $56K/yr

Other

This job post hasย expired today.ย Applications are no longer accepted.


Job description

**Overview:**

We are seeking a detail-oriented Contract Mortgage Processor to join our team. The ideal candidate will have a strong understanding of loan processing, escrow, and mortgage servicing. This position offers an opportunity to work in a dynamic environment within the mortgage broker industry.

**Duties:**

- Review and verify loan documents including income, credit, appraisal, and title insurance

- Ensure all loan files meet regulatory requirements and guidelines

- Communicate with loan officers, underwriters, and clients to gather necessary information

- Process loans in compliance with TILA, FNMA, and Fair Housing regulations

- Calculate debt-to-income ratios and review basic math calculations

- Coordinate with escrow companies to schedule closings

**Requirements:**

- Proven experience as a Mortgage Processor or similar role

- Knowledge of loan processing procedures, escrow, and mortgage servicing

- Familiarity with TILA, FNMA guidelines, and Fair Housing regulations

- Strong attention to detail and accuracy in mathematical calculations

- Excellent communication skills to interact with clients and internal teams

If you are a motivated individual with a background in mortgage processing and a keen eye for detail, we encourage you to apply for this rewarding opportunity.

  • 1099 contract position
  • Flexible schedule (2-3 days in the Denver office)
  • Contractor is compensated per successfully closed loan file
  • E&O insurance recommended
  • NMLS or MLO (Preferred)