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Entry Level Remote Loan Processor Jobs in Chicago, IL

Loan Opener

Oakbrook Terrace, IL ยท Remote

$21.50 - $23/hr

Position Overview Reporting to the Processing Manager, Processing, this position is responsible for ... REMOTE NOTE: At this time, we are thoroughly reviewing all applications and will reach out directly ...

Position Overview Reporting to the Processing Manager, Processing, this position is responsible for ... REMOTE NOTE: At this time, we are thoroughly reviewing all applications and will reach out directly ...

We are looking for agents available to work the following shifts: 8:00a - 5:00p CT (remote) 12:00p ... process * Manage both inbound and outbound calls You Have * Minimum 2 years of experience in ...

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Remote Sales Representative 100% Remote | United States & Canada | Full-Time Build More Than a Job ... the decision-making process when appropriate. This position combines customer service ...

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Remote Customer Sales and Support Representative (Entry-Level) 100% Remote | United States & Canada ... Support clients throughout the application and enrollment process * Build positive relationships ...

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Remote Customer Sales and Support Representative (Entry-Level) 100% Remote | United States & Canada ... Support clients throughout the application and enrollment process * Build positive relationships ...

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Entry Level Remote Loan Processor information

See Chicago, IL salary details

$14

$21

$31

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

As of Jul 20, 2026, the average hourly pay for entry level remote loan processor in Chicago, IL is $21.94, according to ZipRecruiter salary data. Most workers in this role earn between $18.56 and $24.76 per hour, depending on experience, location, and employer.

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 are the most commonly searched types of Remote Loan Processor jobs in Chicago, IL? The most popular types of Remote Loan Processor jobs in Chicago, IL are:
What are popular job titles related to Entry Level Remote Loan Processor jobs in Chicago, IL? For Entry Level Remote Loan Processor jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Entry Level Remote Loan Processor jobs in Chicago, IL look for? The top searched job categories for Entry Level Remote Loan Processor jobs in Chicago, IL are:
Mortgage Loan Processor

Mortgage Loan Processor

MIDLAND FEDERAL SAVINGS AND LOAN ASSOCIATION

Bridgeview, IL โ€ข Remote

$55K - $65K/yr

Full-time

Medical, Dental, Vision, PTO

Posted 13 days ago


Job description

Job Title: Mortgage Loan Processor

Location: Remote

Job Type: Full Time

About Us:

Midland Federal Savings and Loan is a growing Bank / Mortgage Lender committed to helping individuals and families achieve their homeownership goals. We take pride in our customer-focused approach and high standards of accuracy, efficiency, and integrity.

Position Overview:

Weโ€™re seeking a detail-oriented Mortgage Loan Processor to join our team. The ideal candidate will be responsible for processing mortgage applications from start to finishโ€”ensuring all documentation is complete, compliant, and ready for underwriting and closing. Youโ€™ll serve as a key point of contact between borrowers, loan officers, underwriters, and other stakeholders to move loans smoothly through the pipeline.

Key Responsibilities:

  • Review initial loan applications for completeness and accuracy.
  • Collect and verify borrower documentation (income, assets, credit, etc.).
  • Submit and track files through underwriting and closing stages.
  • Communicate regularly with loan officers, underwriters, and borrowers to resolve conditions and keep files on schedule.
  • Ensure compliance with all federal, state, and company lending regulations.
  • Maintain detailed records and meet processing deadlines.

Qualifications:

  • 2+ years of experience as a Mortgage Loan Processor (preferred).
  • Strong knowledge of FHA, VA, Conventional, and USDA loan programs.
  • Proficient in LOS systems
  • Excellent organizational and time management skills and high attention to detail.
  • Strong communication and customer service abilities (Written and Verbal)
  • Ability to manage multiple files in a fast-paced environment.
  • Ability to work with strict deadlines

What We Offer:

  • Competitive salary.
  • Health, dental, and vision insurance.
  • Paid time off.
  • Supportive, team-oriented work environment.
  • Opportunities for professional growth and advancement.