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Full Time Remote Loan Processor Jobs in Chicago, IL

CIBC

Loan Syndications Director

Chicago, IL · On-site +1

$130K - $170K/yr

... process from start to finish. You'll ensure the accuracy of underwriting and drive efficient ... Details on your work arrangement (proportion of on-site and remote work) will be discussed at the ...

CIBC US

Loan Syndications Director

Chicago, IL · On-site +1

$130K - $170K/yr

... process from start to finish. You'll ensure the accuracy of underwriting and drive efficient ... Details on your work arrangement (proportion of on-site and remote work) will be discussed at the ...

Huntington

Commercial Loan Closing Specialist

Chicago, IL · On-site +1

$57K - $113K/yr

Process Improvement: Identify opportunities to enhance efficiency and effectiveness in the loan ... Remote roles will also have the opportunity to come together in our offices for moments that matter.

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Full Time Remote Loan Processor information

See Chicago, IL salary details

$14

$21

$31

How much do full time remote loan processor jobs pay per hour?

As of Aug 27, 2026, the average hourly pay for full time 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 is the difference between Full Time Remote Loan Processor vs Full Time Remote Mortgage Underwriter?

AspectFull Time Remote Loan ProcessorFull Time Remote Mortgage Underwriter
CredentialsLoan processing certifications, basic financial knowledgeUnderwriting certifications, mortgage licensing
Work EnvironmentRemote, office-based, team collaborationRemote, independent decision-making
Industry UsageFinancial institutions, mortgage companiesMortgage lenders, banks
Common Search/ComparisonYesYes

While both roles are integral to the mortgage process, a Full Time Remote Loan Processor primarily gathers and verifies documents to prepare loan files, whereas a Full Time Remote Mortgage Underwriter assesses risk and approves or denies loan applications. Both positions often require similar certifications and work remotely within the mortgage industry, but their responsibilities differ in scope and decision-making authority.

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:

Full Time Remote Loan Processor jobs near you
Infographic showing various Full Time Remote Loan Processor job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% Remote job distribution, with an average salary of $45,644 per year, or $21.9 per hour.

Mortgage Loan Processor

MIDLAND FEDERAL SAVINGS AND LOAN ASSOCIATION

Bridgeview, IL • Remote

$40K - $56K/yr

Full-time

Medical, Dental, Vision, PTO

Re-posted 20 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:

We’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 finish—ensuring all documentation is complete, compliant, and ready for underwriting and closing. You’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.