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Entry Level Remote Loan Processor Jobs in Michigan

Processor (REMOTE)

Grand Rapids, MI ยท Remote

$38K - $52K/yr

Processor Fully Remote Member First Mortgage is seeking a Processor to join our growing Processing ... In this role you will be responsible for providing clerical support for all mortgage loan ...

Entry Level Loan Officer - Sales

Pontiac, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Birmingham, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Royal Oak, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Pontiac, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Dearborn, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Oak Park, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Westland, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Detroit, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Royal Oak, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Troy, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Plymouth, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Oak Park, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Plymouth, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

Entry Level Loan Officer - Sales

Livonia, MI ยท On-site +1

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum ... Remote will be considered on a case-by-case basis. * NMLS SAFE ACT compliant, holding 5 or more ...

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Entry Level Remote Loan Processor information

What does an Entry Level Remote Loan Processor do?

An Entry Level Remote Loan Processor assists in preparing and reviewing loan applications for approval, ensuring all necessary documentation is complete and accurate. Working remotely, they communicate with clients, lenders, and underwriters via phone, email, or online platforms to gather information and resolve any issues. Their responsibilities often include data entry, document verification, and maintaining compliance with lending regulations. As an entry-level position, training and close supervision are common while learning the specifics of loan processing procedures.

What is the difference between Entry Level Remote Loan Processor vs Loan Underwriter?

AspectEntry Level Remote Loan ProcessorLoan Underwriter
Required CredentialsHigh school diploma or equivalent; some roles may prefer mortgage licensing or certificationsBachelor's degree in finance, economics, or related field; certifications like CE or CU
Work EnvironmentRemote, fast-paced, administrative tasksRemote or office-based, analytical and decision-making tasks
Employer & Industry UsageMortgage lenders, banks, credit unionsMortgage companies, banks, financial institutions
Common Search & ComparisonEntry Level Remote Loan Processor vs Loan Underwriter

The main difference is that Entry Level Remote Loan Processors handle initial loan documentation and data entry, while Loan Underwriters evaluate loan applications and assess risk. Processors focus on administrative tasks, whereas Underwriters make critical approval decisions based on financial analysis.

What are the key skills and qualifications needed to thrive as an Entry Level Remote Loan Processor, and why are they important?

To thrive as an Entry Level Remote Loan Processor, you need a basic understanding of loan documentation, data entry, and attention to detail, often supported by a high school diploma or equivalent. Familiarity with loan origination systems (LOS), document management platforms, and secure communication tools is typically required. Strong organizational skills, time management, and effective written communication help you excel in a remote, deadline-driven environment. These skills are crucial for ensuring accurate loan processing, maintaining compliance, and delivering timely service to clients.

What does a typical day look like for an entry level remote loan processor, and how do they interact with other team members?

As an entry level remote loan processor, your day usually involves reviewing loan applications, verifying documentation, and communicating with borrowers to gather necessary information. You'll collaborate closely with underwriters, loan officers, and other processing team members through email, chat, or video calls to ensure smooth workflow and timely completion of tasks. While working remotely provides flexibility, it also requires strong organizational skills and proactive communication to stay aligned with the team and meet deadlines.
What cities in Michigan are hiring for Entry Level Remote Loan Processor jobs? Cities in Michigan with the most Entry Level Remote Loan Processor job openings:

Processor (REMOTE)

Member First Mortgage LLC

Grand Rapids, MI โ€ข Remote

$38K - $52K/yr

Full-time

Medical, Vision, Life, Retirement, PTO

Re-posted 28 days ago


Job description

Processor

Fully Remote

Member First Mortgage is seeking a Processor to join our growing Processing team. This is an excellent opportunity to join our award-winning team which has been recognized as Best and Brightest companies to work for in the nation! In this role you will be responsible for providing clerical support for all mortgage loan processing activities. Obtains and verifies necessary information and prepares documents for underwriting and closing review.


Founded on the credit union philosophy of 'People Helping People', we have become the trusted full-service mortgage provider to over 200 credit unions across the U.S. This philosophy, along with our core values of honesty and integrity, make careers with Member First Mortgage dynamic and rewarding through our friendly and family-oriented culture that is dedicated to the growth and success of our employees.

Benefits We Offer:

  • Generous and competitive healthcare packages
  • Employer paid short-term and long-term disability
  • Employer paid Life Insurance
  • 100% Employer paid Vision
  • 401K Plan with match
  • 20 days PTO - no waiting periods!
  • Fun, laid back, and collaborative team environment.

Responsibilities:

  • Reviews new residential loan application files to verify that application data is complete and meets Company standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment. Clarifies missing or questionable information and tracks development of information to ensure compliance with underwriting guidelines. Clears prior to funding conditions.
  • Communicates status of loans to buyer, seller, realtor, credit union and title company. Resolves or refers requests and problems promptly and courteously.
  • Calls or writes credit bureau and employer to verify accuracy of information.
  • Orders and follows up on essential third-party items from vendors (i.e., appraisal, title, flood certificate, written verification of income/employment, payoffs, etc.).
  • Records data on status of loans, including number of new applications and loans approved, canceled, or denied. Prepares monthly status report.

Experience: 10 years' experience in mortgage loan processing


Education: (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree).


Other Skills:

  • Understanding of the mortgage loan processing functions, including FHA/VA and conventional lending.
  • Knowledge of mortgage related requirements, procedures, and underwriting criteria.
  • Ten key calculator, typewriter and keyboard skills.
  • Good basic math skills.
  • Well organized.


Physical Requirements: While performing the duties of this job, the employee is regularly required to sit, stand, and walk. The employee must occasionally lift and/or move up to 10 pounds. The employee is frequently required to spend extended hours in front of a computer screen, use hands and fingers, and to speak in and listen carefully on the telephone.


Work Environment: Schedule: Monday through Friday, 8:30am – 5pm EST. While performing the duties of this job, the employee regularly works in a remote and/or in office setting.

If you are looking for a company that is dedicated to your success and is ethically motivated to provide exceptional member service, we encourage you to apply!


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