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Entry Level Remote Loan Processor Jobs (NOW HIRING)

Ark Mortgage

Mortgage Loan Processor - Experienced

$60K - $75K/yr

This role is pivotal in driving loans efficiently from processing to closing while applying ... We are willing to offer fully remote flexibility for exceptional candidates that have a proven ...

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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 22, 2026, the average hourly pay for entry level remote loan processor in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 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.

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Entry Level Remote Loan Processor jobs near you

Remote Loan Originator - Nationwide

The Federal Savings Bank

Chicago, IL • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement

Re-posted 16 days ago

Job description

Job Type
Full-time
Description
Looking for Remote Loan Originators Nationwide!
If you're motivated to refine your abilities, increase your efficiency, and help more referral partners close more loans, all while enhancing your lifestyle, then you are in the right place! At The Federal Savings Bank you will have the ability to lend in all 50 states and help more clients! We are a veteran-owned, federally chartered bank that offers the widest array of Fannie, Freddie, Ginnie, jumbo, non-QM, reverse, and bank portfolio loan programs that enable you to say YES! We can close your purchases and refinances within 25 days with in-house processing, underwriting, and closing, a fully paid loan officer assistant program, and world class origination and customer fulfillment systems. Additionally, we offer marketing support to optimize your online presence, and maintain strong relationships with past clients and referral partners, and help you grow your business!
For more details please contact:
Alejandra Villasenor
Phone: (312) 738-8422
Email: avillasenor@thefederalsavingsbank.com
What You Bring:
  • You are an enthusiastic go-getter who is highly motivated
  • You can bring and serve existing referral sources (such as realtors, previous customers, and other lead generators).
  • You can build new referral sources nationwide with the ability to lend in 50 states
  • You possess the ability to master different loan programs, and desire to learn our bank portfolio programs to complete your experience in originating Fannie/Freddie, FHA, VA, and USDA loans

What We Bring:
  • Loan programs for every borrower: FHA, VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio programs (ITIN, bridge, 2nd home, investment, etc.), Condos/Co-ops, portfolio construction & renovation programs, reverse mortgage, multi-family & apartment building, commercial, personal unsecured loans and more!
  • Cutting edge mortgage app, digital closing software, and our marketing CRM
  • Annual Chairman's Club trips to fantastic cultural destinations
  • Coaching from your Executive Vice President to help you grow professionally
  • TFSB offers an extensive benefits package, including medical, dental, vision and 401k match!

Compensation
  • This position is commission-based

The Federal Savings Bank is an equal opportunity employer . All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

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