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Entry Level Remote Loan Processor Jobs in Portland, OR

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Entry Level Remote Loan Processor information

See Portland, OR salary details

$14

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$32

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

As of Jul 15, 2026, the average hourly pay for entry level remote loan processor in Portland, OR is $22.59, according to ZipRecruiter salary data. Most workers in this role earn between $19.13 and $25.48 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 popular job titles related to Entry Level Remote Loan Processor jobs in Portland, OR? For Entry Level Remote Loan Processor jobs in Portland, OR, the most frequently searched job titles are:
What job categories do people searching Entry Level Remote Loan Processor jobs in Portland, OR look for? The top searched job categories for Entry Level Remote Loan Processor jobs in Portland, OR are:
Entry Level Remote Loan Processor jobs near you
Infographic showing various Entry Level Remote Loan Processor job openings in Portland, OR as of July 2026, with employment types broken down into 83% Full Time, and 17% Contract. Highlights an 17% In-person, and 83% Remote job distribution, with an average salary of $46,989 per year, or $22.6 per hour.
Loan Processor - Remote - Midwest Time Zone Business Hours

Loan Processor - Remote - Midwest Time Zone Business Hours

Prosperity Home Mortgage

Portland, OR • Remote

$42K - $57K/yr

Full-time

Posted 27 days ago

Job description

Job Summary:

Under the general supervision of the Processing Manager, the Loan Processor is tasked with completing one or more steps in the loan manufacturing process, which entails performing a variety of duties related to processing mortgage loan applications and mortgage loan documentation. Although individuals in this position generally will not interact directly with borrowers, they must view all internal and external interactions as an opportunity to provide a positive customer experience.

Essential Responsibilities:

  • Maintain knowledge of all current conventional, USDA, bond, jumbo, FHA, and VA processing procedures issued by the company, investors, and government agencies.
  • Perform/order verifications of employment, tax transcripts, and other third-party verifications.
  • Order credit related documents such as credit supplements.
  • Obtain FHA/VA case numbers, CAIVRS, fraud reports, and other third-party items.
  • Communicate effectively on both internal and external interactions.
  • Organize documentation and perform required data entry to prepare applications for submission to underwriting.
  • Obtain and review preliminary title commitments and/or escrow instructions and perform related data entry.
  • Obtain and review hazard, flood, or other required insurances and perform related data entry.
  • Ensure compliance with investor/legal guidelines and directives.
  • Other duties as assigned.

Qualifications:

  • Processing experience preferred
  • High school diploma or equivalent required
  • Strong customer service skills required
  • Experience using Encompass preferred
  • Must possess strong mathematical and judgment skills
  • Must be detail-oriented, organized, and able to meet deadlines
  • Must comply with industry-related regulations, requirements, and state/federal laws
  • Ability to work independently to meet production and quality goals
  • Proficient with Microsoft Office suite

 Work Environment

  • Extensive telephone usage.
  • Extensive oral and written communication required.
  • Regular use of computer mouse requires repetitive hand and wrist motion.
  • Essential functions must be performed during regularly scheduled business hours.

Note:  We are a dynamic organization in a rapidly changing industry.  Accordingly, the responsibilities associated with this job will change from time to time in accordance with the Company’s business needs.  More specifically, the incumbent may be required to perform additional and/or different responsibilities from those set forth above.

Prosperity Home Mortgage, LLC is an Equal Opportunity Employer and makes employment decisions without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), military service, or other non-merit based factors and characteristics protected by applicable federal, state, or local law.

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