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Entry Level Remote Loan Processor Jobs (NOW HIRING)

Waterstone Mortgage

Mortgage Loan Processor III

$40K - $56K/yr

Aligned with our Scottsdale, Arizona branch, this role is primarily remote. Candidates located in ... Process loans to meet all contract deadlines and rate lock expiration dates. * Deliver complete ...

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Entry Level Remote Loan Processor information

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$13

$21

$30

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

Reverse Mortgage Loan Processor

Opulence Funding LLC

Melbourne, FL • Remote

$40K - $56K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 18 days ago

Job description

Benefits:
  • 401(k)
  • 401(k) matching
  • Health insurance
  • Vision insurance

Opulence Home Equity is seeking an experienced and detail-oriented Reverse Mortgage Processor to join our growing team. This role is ideal for a mortgage professional who thrives in a fast-paced environment, has strong communication skills, and understands the unique process of reverse mortgage lending.
At Opulence Home Equity, we combine innovative technology with a collaborative, team-oriented environment to deliver exceptional service to our clients while modernizing the mortgage experience.
Responsibilities:
  • Process reverse mortgage loan files from application through closing

  • Review and organize borrower documentation to ensure complete and accurate loan files

  • Prepare and distribute required disclosures in compliance with regulatory timelines

  • Communicate directly with borrowers, loan officers, title companies, and third parties to obtain required documentation and clear conditions

  • Monitor loan milestones and maintain accurate pipeline updates

  • Ensure files meet lender, investor, and compliance guidelines

  • Assist in resolving loan conditions and processing-related issues on time

Qualifications:
  • Previous mortgage processing experience required

  • Reverse mortgage / HECM processing experience strongly preferred

  • Strong understanding of mortgage documentation, disclosures, and compliance timelines

  • Excellent communication and borrower relationship skills

  • Ability to multitask and manage deadlines in a high-volume environment

  • Strong attention to detail and organizational skills

  • Experience with mortgage LOS and CRM systems preferred

What We Offer:
  • Competitive compensation based on experience

  • Medical, dental, and vision insurance

  • Paid holidays and PTO

  • 401(k) opportunities

  • Hybrid flexibility

  • In-house training and career growth opportunities

  • Supportive, technology-driven work environment

Location: Ramsey, NJ

This is a remote position.