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Entry Level Remote Loan Processor Jobs in Michigan

Huntington

Sr Financial Recovery Rep (SBA)

Detroit, MI · On-site +1

$70K - $140K/yr

Works with moderately large and complex loans. May coach less experienced employees. Duties ... Establishes or works with management to develop effective controls and processes to ensure risks ...

AD Mortgage

Government Senior Underwriter

Troy, MI · Remote

$93K - $110K/yr

Monitors property appraisal process to ensure the value of a property is accurately presented ... Analyze loan applications to identify any risk issues and/or potential misrepresentation. * Reviews ...

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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 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 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 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 popular job titles related to Entry Level Remote Loan Processor jobs in Michigan?

For Entry Level Remote Loan Processor jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Entry Level Remote Loan Processor jobs in Michigan look for?

The top searched job categories for Entry Level Remote Loan Processor jobs in Michigan are:

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:

Entry Level Remote Loan Processor jobs near you

Sr Financial Recovery Rep (Conventional CRB/Business Banking)

Huntington

Detroit, MI • On-site, Remote

$70K - $140K/yr

Full-time

Medical, Life, Retirement, PTO

Re-posted 19 days ago

Job description

Description

Summary:

The Sr Financial Recovery Rep (Conventional CRB/Business Banking) develops resolution strategy on classified (special asset) loans to minimize losses on current Business Banking or commercial loan portfolio. Responsibilities include analyzing financial plans, negotiating loan collection, or restructuring, and recommending/overseeing litigation, liquidation or charge off-of loan. Works with moderately large and complex loans. May coach less experienced employees.

Duties & Responsibilities:

  • Develops resolution strategy on classified (special asset) loans to minimize losses on current loan portfolio.
  • Analyzes financial plans, negotiates loan collection or restructuring, and recommends/oversees litigation, liquidation or charge-off of loan.
  • Works with business line loan officers to manage non-pass rated borrowing relationship.
  • Adheres to bank policies and procedures and complies with legal and regulatory requirements.
  • Accountable for risk management, compliance, and audit performance for area(s) of responsibility whether a supervisor, manager, or individual contributor.
  • Establishes or works with management to develop effective controls and processes to ensure risks are measured, monitored, and controlled and compliance requirements are adhered to on an on-going basis.
  • If applicable, ensures staff is properly trained, provided with appropriate resources, and motivated to adhere to risk management principles.
  • Maintains current knowledge of risk-related changes that may impact assigned area(s) of responsibility.
  • Performs other duties as assigned,

Basic Qualifications:

  • Bachelor's degree in business, finance or accounting or equivalent, relevant work experience 
  • A minimum of 3 years of experience in commercial/business banking underwriting, lending, or credit required

Preferred Qualifications:

  • Excellent written and verbal communication skills
  • Strong goal achievement orientation.
  • Strong attention to detail, sense of urgency, and ability and desire to provide Simply the Best Service to our clients are key in this position.
  • Ability to work independently in a deadline driven and goal-oriented team environment.
  • Basic working knowledge of PC applications  

#LI-RP1


Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

$70,000-$140,000 Annual Salary

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education.  Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.  In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). 

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters:  Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume.  All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

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