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Entry Level Remote Loan Processor Jobs in Cleveland, OH

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Submit complete and accurate loan files to processing * Attend weekly loan and product training ... Ability to work independently in a remote environment Preferred Qualifications * Bilingual (Spanish ...

Remote Insurance Sales Rep

Hudson, OH · Remote

$65K - $85K/yr

BaseSalaryPlus Commission-Entry-level candidates start with a base salary of $35,000-$45,000, plus ... Provide exceptional customer service throughout the sales process, addressing any inquiries or ...

Remote Insurance Sales Rep

Hudson, OH · Remote

$65K - $85K/yr

Base Salary Plus Commission - Entry-level candidates start with a base salary of $35,000-$45,000 ... Provide exceptional customer service throughout the sales process, addressing any inquiries or ...

... process - we will help) to work for one of the U.S's fastest-growing companies. We offer the ... Individuals coming from positions as Licensed Insurance Agent, Real Estate Agent, Mortgage Loan ...

... process for the Bank's commercial loans to ensure timely and accurate risk ratings and compliance ... optional remote day. The pay range for this position is generally $61,500 - $110,000 annually.

Portfolio Manager II or III

Independence, OH · On-site +1

$61K - $110K/yr

... process for the Bank's commercial loans to ensure timely and accurate risk ratings and compliance ... optional remote day. The pay range for this position is generally $61,500 - $110,000 annually.

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Entry Level Remote Loan Processor information

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

As of Aug 17, 2026, the average hourly pay for entry level remote loan processor in Cleveland, OH is $20.66, according to ZipRecruiter salary data. Most workers in this role earn between $17.50 and $23.32 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 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.

Can I work remotely as an entry level remote loan processor?

Yes, many entry-level remote loan processor positions are available that allow you to work from home. These roles typically require strong organizational skills, attention to detail, and familiarity with loan processing software, and they often offer flexible schedules. Employers may require specific certifications or training but generally do not mandate extensive experience for entry-level roles.

What are popular job titles related to Entry Level Remote Loan Processor jobs in Cleveland, OH?

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

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

The top searched job categories for Entry Level Remote Loan Processor jobs in Cleveland, OH are:

Licensed Mortgage Loan Officer

Obsidian Financial Services

Cleveland, OH • Remote

$70K - $300K/yr

Full-time

PTO

Re-posted 8 days ago

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Job description

We are actively hiring Experienced Mortgage Loan Officers who are self-motivated, results-driven, and ready to grow their production. Our Loan Officers Benefit from Our Unique Programs such as our FHA VOE and Earned Equity Programs that supercharge your pipeline and our unique payment model allow you to close fast and make more!

Speak with one of our experienced AE's to see our pricing!

This is a 100% commission-based role ideal for Loan Officers who:

  • Have an existing book of business
  • Want higher payouts (Front & Back) and faster closings
  • Prefer a flexible, work-from-home environment

Bilingual candidates (Spanish preferred) are strongly encouraged to apply to better serve diverse borrower communities.

Responsibilities

  • Originate and close residential mortgage loans (purchase, refinance, and specialty products)
  • Utilize your existing referral network and book of business to generate consistent loan volume
  • Analyze borrower financials, including income calculation, credit review, and documentation
  • Structure loans across multiple programs including:
    • Conventional
    • FHA / VA / USDA
    • Non-QM
    • Down Payment Assistance (DPA) programs
  • Maintain consistent communication with clients, agents, and internal teams
  • Submit complete and accurate loan files to processing
  • Attend weekly loan and product training sessions
  • Stay up to date with mortgage guidelines, compliance, and market trends
  • Deliver exceptional customer service from application through closing

Minimum Qualifications

  • Active NMLS License (Required)
  • Active State Mortgage License(s) (in applicable states)
  • Minimum 2+ years of experience as a Mortgage Loan Originator / Loan Officer
  • Proven book of business or referral network
  • Strong knowledge of:
    • Income calculation (W-2, self-employed, tax returns)
    • Loan structuring and underwriting basics
    • Credit analysis
  • Strong sales, communication, and relationship-building skills
  • Ability to work independently in a remote environment

Preferred Qualifications

  • Bilingual (Spanish preferred; other languages a plus)
  • Experience with Non-QM loan products
  • Established relationships with real estate agents, builders, or financial professionals
  • Experience using LOS, CRM systems, and digital marketing tools
  • Strong pipeline management and closing ability

Licensing & Certifications

  • NMLS Unique Identifier (Required)
  • State Mortgage Loan Originator Licenses (Required)
  • Compliance with SAFE Act requirements
  • Ongoing NMLS Continuing Education (CE) compliance
  • Familiarity with agency guidelines such as Fannie Mae and Ginnie Mae

Compensation

  • 100% Commission-Based – Uncapped Earnings
  • Competitive payout structure designed for high producers
  • No cap on income—earn based on your production and performance

What We Offer

  • Wide range of loan programs + DPA options
  • Fannie Mae / Ginnie Mae approved lender with no overlays
  • Ability to broker Non-QM loans Dedicated in-house Processing & Underwriting
  • Advanced LOS system, CRM, and marketing software
  • Scenario Desk for deal structuring support
  • Mentorship from experienced Regional Managers
  • Weekly training to keep you competitive
  • Fully remote work environment with flexible schedule

Why Loan Officers Choose Obsidian

  • Faster closings with fewer conditions
  • Front and Backend Compensation
  • Strong backend support so you can focus on production
  • Flexibility to run your business your way
  • Access to more loan solutions = higher approval rates

Company Description

At Obsidian Mortgage, we are redefining the mortgage experience through professionalism, speed, and innovation. As a fully delegated lender licensed in 36 states, we empower our Loan Officers with the tools, support, and flexibility needed to succeed in today’s competitive market.

We provide a remote-first environment, cutting-edge technology, and a strong internal support system so you can focus on what matters most—closing deals and building relationships.