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Day Shift Virtual Loan Processor Jobs in Elgin, IL

Wintrust

Loan Originator - East Region

Libertyville, IL · On-site

Work with the loan processor to provide any additional documentation as necessary and required by ... From our first day in business, Wintrust has been proud to serve a variety of unique communities ...

Wintrust

Loan Originator - East Region

Lake Forest, IL · On-site

Work with the loan processor to provide any additional documentation as necessary and required by ... From our first day in business, Wintrust has been proud to serve a variety of unique communities ...

Wintrust

Loan Originator - East Region

Northbrook, IL · On-site

Work with the loan processor to provide any additional documentation as necessary and required by ... From our first day in business, Wintrust has been proud to serve a variety of unique communities ...

Wintrust

Loan Originator - East Region

Chicago, IL

Work with the loan processor to provide any additional documentation as necessary and required by ... From our first day in business, Wintrust has been proud to serve a variety of unique communities ...

Wintrust

Loan Originator - East Region

Highland Park, IL · On-site

$15/hr

Work with the loan processor to provide any additional documentation as necessary and required by ... From our first day in business, Wintrust has been proud to serve a variety of unique communities ...

CIBC

Loan Syndications Director

Chicago, IL · On-site

$130K - $170K/yr

You're process-driven. You have a structured approach to managing workflows and ensuring accuracy ... We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a ...

CIBC

Loan Syndications Director

Chicago, IL · On-site +1

$130K - $170K/yr

You're process-driven. You have a structured approach to managing workflows and ensuring accuracy ... We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a ...

CIBC US

Loan Syndications Director

Chicago, IL · On-site +1

$130K - $170K/yr

You're process-driven. You have a structured approach to managing workflows and ensuring accuracy ... We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a ...

Rate

Processor

Chicago, IL · On-site

$50K - $55K/yr

Our technology - including Same Day Mortgage, the Rate App, FlashClose, MyAccount and the Language ... Note VP directives and review all details of loan file * Request, retrieve and review all borrower ...

ABOC

AVP Loan Operations

Chicago, IL · On-site

Books commercial loans, processes commercial loan renewals and posts mortgage payments and advances properly within one business day of receipt. * Develops and maintains a sound working knowledge of ...

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All JobsDay Shift Loan Processor JobsDay Shift Virtual Loan Processor JobsDay Shift Virtual Loan Processor Jobs in Elgin, IL

Day Shift Virtual Loan Processor information

See Elgin, IL salary details

$13

$21

$30

How much do day shift virtual loan processor jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for day shift virtual loan processor in Elgin, IL is $21.06, according to ZipRecruiter salary data. Most workers in this role earn between $17.84 and $23.75 per hour, depending on experience, location, and employer.

What is the difference between Day Shift Virtual Loan Processor vs Day Shift Mortgage Underwriter?

AspectDay Shift Virtual Loan ProcessorDay Shift Mortgage Underwriter
Primary RoleReviewing and processing loan applications remotelyAssessing and approving mortgage loan risk
Required CredentialsLoan processing certifications, knowledge of loan programsMortgage underwriting certifications, knowledge of lending guidelines
Work EnvironmentRemote, home-basedOffice or remote, depending on employer
Industry UsageFinancial services, mortgage lendingMortgage lending, banking

The Day Shift Virtual Loan Processor primarily handles loan application processing remotely, focusing on document review and data entry. In contrast, the Day Shift Mortgage Underwriter evaluates loan risk and makes approval decisions. While both roles require knowledge of mortgage lending and related certifications, their responsibilities differ significantly. The Virtual Loan Processor is more involved in the initial processing stage, whereas the Underwriter assesses risk before final approval.

Day Shift Virtual Loan Processor jobs near you

Commercial Mortgage Processor

Better Talent Advisors

Chicago, IL • On-site

$41K - $56K/yr

Other

PTO

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

Based in the Chicago area and doing business around the country, we are an established boutique mortgage brokerage firm specializing in commercial projects and ultra luxury properties. Our clientele are typically high networth individuals and investment groups. We are lean and mighty, and operate in a close-knit work environment. Due to expansion, we are looking for a bright and experienced Commercial Mortgage Processor to join our growing organization. We will invest in your development and provide a dynamic work environment where you're challenged, valued and empowered every day. We strive to be the best destination for the industry's top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done.
Scope/ResponsibilitiesThe Mortgage Processor has limited contact with customers, frequent contact with loan officers, lending assistants, other departments, title companies, etc. The incumbent must be able to function efficiently and effectively under deadlines while maintaining a professional and mature demeanor. The Mortgage Processor must exercise independent judgment and decision-making in routine situations.
Essential Functions

  • Prepare loan documentation for all new loans, modifications, and renewals.
  • Review provided documents to ensure loan package is accurate (vehicle reports, flood, appraisal, title work, etc.) and that all documentation matches the credit approval.
  • Facilitate open communication with the lending staff throughout the entire loan process.
  • Process and respond to all incoming methods of communication.
  • Take necessary action to resolve deficiencies and escalate questions/concerns to appropriate level when needed.
  • Adapt to change in the work environment, manage competing demands and handle frequent changes.Perform all other duties as assigned.
  • Actively participates in the Customer Service First sales and service culture, supports the values of the Organization, and follows established Bank policies and procedures.
Experience & Qualifications
  • 3+ years professional experience as a Commercial Mortgage Processor
  • 3+ years in an environment focused on high net worth clientele and super jumbo loans
  • Bachelors Degree from an accredited 4 year University
  • Project Management experience and PMP preferred
  • Exceptional written and verbal communication including extensive, detail oriented, correspondences
  • Demonstrated ability to work on deadlines with great attention to detail.Proactive and independent with the ability to take initiative.
  • Excellent time management skills with a proven ability to meet deadlines.
  • The ability to think critically and find alternative solutions.
  • Proficient with or the ability to quickly learn loan processing software or other lending systems.
  • Proficient with Microsoft Office Suite or related software.
What's In It For You:
  • Competitive base salary and bonuses
  • Remote work with some need for in person meetings in the Chicago area
  • Generous benefits and PTO
  • Opportunity for an outsized impact in the company given our size and your key role in driving us forward. This is a fantastic opportunity for someone who is interested to learn the ins and outs of developing renewable energy projects!

About You:
For this key position, we are seeking a person who is a forward leaning self-starter that takes a high degree of ownership in their areas of responsibilities. A high level of organization and attention to detail is essential but it's not enough to understand what's going on - this role requires utilizing that knowledge and driving action.
So, if you are an experienced Commercial Mortgage Processor who is interested in joining a fast paced, tight-knit firm where your work will be visible, valued, and rewarded, please apply now as interviews are ongoing!

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