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Entry Level Loan Processor Jobs in Detroit, MI (NOW HIRING)

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

Mortgage Loan Partner

Troy, MI · On-site

$100K - $200K/yr

... Entry Level About the Role: We're looking for a motivated and detail-oriented Mortgage Loan Partner / Loan Officer Assistant / Mortgage Processor Assistant to join our growing mortgage team serving ...

This is an entry-level role designed for individuals who are eager to learn the mortgage and ... Learn about mortgage products, lending regulations, loan processing, and compliance. * Work toward ...

Showing results 21-40

Entry Level Loan Processor information

See Detroit, MI salary details

$13

$21

$30

How much do entry level loan processor jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for entry level loan processor in Detroit, MI is $21.09, according to ZipRecruiter salary data. Most workers in this role earn between $17.84 and $23.80 per hour, depending on experience, location, and employer.

Is an entry level loan processor a difficult job?

An entry level loan processor role involves reviewing financial documents, verifying information, and ensuring accuracy, which requires attention to detail and basic knowledge of loan procedures. The job can be straightforward for those with strong organizational skills and familiarity with loan software, but it may become challenging during high workload periods or complex cases.

What is an entry level loan processor?

An Entry Level Loan Processor is responsible for assisting in the loan application process by reviewing and verifying financial documents, ensuring accuracy, and preparing files for underwriting. They communicate with borrowers, lenders, and other parties to gather necessary information. This role requires attention to detail, organizational skills, and knowledge of loan procedures. It is a great starting position for those interested in the mortgage or banking industry.

What are the key skills and qualifications needed to thrive as an entry level loan processor?

To thrive as an Entry Level Loan Processor, you need strong organizational skills, attention to detail, basic knowledge of loan documentation, and typically a high school diploma or equivalent. Familiarity with loan origination software, spreadsheet applications, and document management systems is commonly required. Excellent communication, customer service, and time management skills help you excel in interactions with clients and team members. These abilities ensure you can accurately process loan files, meet deadlines, and support efficient loan approvals in a fast-paced environment.

What qualifications do I need to be an entry level loan processor?

Entry level loan processors typically need a high school diploma or equivalent, strong attention to detail, and good organizational skills. Familiarity with loan processing software and basic math skills are also beneficial, and some employers may prefer prior customer service experience or knowledge of financial documents.

What does an entry level loan processor do?

A typical day for an Entry Level Loan Processor involves reviewing and verifying loan application documents, communicating with applicants to request missing information, and collaborating with underwriters and other team members to ensure files move smoothly through the approval process. You may spend time entering data into loan processing systems, responding to status inquiries, and keeping detailed records to maintain compliance. The workday is usually structured in an office or hybrid environment, often involving both independent tasks and teamwork. This role offers great exposure to the finance industry and can lead to advancement opportunities in underwriting, loan consulting, or branch management.

What are the most commonly searched types of Loan Processor jobs in Detroit, MI? The most popular types of Loan Processor jobs in Detroit, MI are:
What are popular job titles related to Entry Level Loan Processor jobs in Detroit, MI? For Entry Level Loan Processor jobs in Detroit, MI, the most frequently searched job titles are:
What job categories do people searching Entry Level Loan Processor jobs in Detroit, MI look for? The top searched job categories for Entry Level Loan Processor jobs in Detroit, MI are:
What cities near Detroit, MI are hiring for Entry Level Loan Processor jobs? Cities near Detroit, MI with the most Entry Level Loan Processor job openings:
Infographic showing various Entry Level Loan Processor job openings in Detroit, MI as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $43,863 per year, or $21.1 per hour.

Entry Level Loan Officer - Sales

loanDepot

Oak Park, MI • On-site

$70K - $120K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 28 days ago


loanDepot rating

7.8

Company rating: 7.8 out of 10

Based on 18 frontline employees who took The Breakroom Quiz


Job description

Position Summary:   

Our Direct Sales channel is at the core of who we are at loanDepot—a consumer direct marketing powerhouse focused on providing excellent service to our customers across all 50 states. Our direct lending channel, comprised of both seasoned mortgage veterans & our own home-grown Lending Officers, receive daily warm transfers from our call center agents to recommend loan solutions in accordance with lending guidelines and mortgage policy. Our Lending Officers put their clients’ needs first to pre-qualify and provide a consultative, customer first approach, to determine the loan program that best fits their specific financial goals.  

Responsibilities:   

  • Licensed Lending Officers receive a high-volume lead flow of online customer contacts daily from our call center. 
  • Will present loanDepot’s competitive edge, evaluate customer needs, and sell valuable financial solutions to clients across the country.
  • Builds rapport, analyzes financial situations, and determines the appropriate loan product to meet their client’s goals.
  • Educates clients on how to better manage their mortgage and debt.
  • Assists clients through the loan process from application to closing.
  • Maintains minimum production standards including originations & fundings.

 Requirements:   

  • 2+ years of recent mortgage origination experience in a similar direct lending environment REQUIRED.
  • Must be willing to commute to one of our offices in Irvine CA, Southfield MI, Franklin TN, or Scottsdale AZ. Remote will be considered on a case-by-case basis.
  • NMLS SAFE ACT compliant, holding 5 or more active state licenses REQUIRED.
  • Proven production of top performance in alike model REQUIRED.
  • Flexible and adaptable, learns and reacts quickly at a faster than average pace.
  • Excellent customer service & follow through—were here to take care of our clients.

The Perks:   

  • Compensation--Competitive compensation package which includes base wage in addition to a BPS commission structure with additional kickers.
  • Training/Licensing-- Company provided sales training, in addition to continuing education & licensing support. 
  • Marketing machine—on average, 10+ quality leads transferred to our Lending Officers daily.
  • Competitive pricing--we fight for every deal to support our clients.
  • Quick turn times-- we understand we must close quickly.
  • Benefits-- excellent benefits package including multiple health, dental, and vision options, HSA/FSA plans, volunteer paid hours, tuition reimbursement, pet coverage, company paid life insurance and more!
  • Financial Planning-- 401K with company match.

About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
Base pay is one part of our total compensation for Licensed Lending Officers. The base pay for this role is determined by your state's minimum wage and county requirements. In addition to an uncapped commission plan.  Ramp-up bonuses are possible, based on a proven record of recent production.  

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.  

Company Description

loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. As a fast-growing national consumer lender, the loanDepot platform is disrupting finance by dissolving the lines between mortgage and nonmortgage credit.

The company has funded over $100 billion in loans since inception, and is passionate about emerging financial technology and dynamic product delivery supported by excellent customer service to empower consumers.

Headquartered in Southern California, loanDepot employs 5,400+ lending professionals across the country including 1,700+ licensed loan officers who hold 10,000+ licenses. The company operates 180+ local loan locations nationwide. NMLS # 174457


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