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Home Equity Loan Processor Jobs (NOW HIRING)

Mortgage Loan Processor

Richmond, IN ยท On-site

$35K - $49K/yr

SUMMARY: Supports the mortgage and home equity lending process by assisting members, loan officers, and third-party vendors from application through closing and servicing. This position is ...

Home Equity Processor

Allen, TX ยท On-site

$17.50 - $23.25/hr

Key Responsibilities Loan Processing & File Management * Order and follow up on appraisals, title ... Ensure each home equity file complies with Texas home equity lending requirements under the Texas ...

Home Equity Processor

Allen, TX ยท On-site

$17.50 - $23.25/hr

Key Responsibilities Loan Processing & File Management * Order and follow up on appraisals, title ... Ensure each home equity file complies with Texas home equity lending requirements under the Texas ...

Update loan system, CRM, Salesforce, and tracking logs with current file status, conditions, and ... Prior home equity or mortgage processing experience preferred. Prior credit union or community bank ...

The Home Equity Closing team manages the final stages of the loan process by working directly with members and title partners to schedule closings, prepare accurate closing packages, and keep loans ...

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Role: To assist members with their mortgage lending needs (first mortgage and home equity loans ... To develop recommendations for cost efficiency and enhancements to products, pricing, processes by ...

Home Equity Processor

Frisco, TX ยท On-site

$17.50 - $23.50/hr

The Home Equity Processor works directly with individual applicants to review loan applications to ensure that the application is complete and accurate. This requires time and attention to detail.

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The Equity Loan Officer (ELO) is responsible for educating, advising, and guiding members through the Equity Loan and Home Equity Line of Credit (HELOC) application process while providing ...

Mortgage Loan Processor

El Monte, CA ยท On-site

$20 - $28/hr

... processed within established service standards. ESSENTIAL FUNCTIONS ... Manage and maintain ownership of a pipeline of residential mortgage loan and home equity line ...

Loan Processor

Marion, WI ยท On-site

$17.50 - $23.25/hr

Premier Community Bank is seeking a detail-oriented Loan Processor to support our lending team by ... Knowledge of consumer, commercial, agricultural, and home equity lending products. Understanding of ...

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Home Equity Loan Processor information

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How much do home equity loan processor jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for home equity 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 is a home equity loan processor?

A Home Equity Loan Processor is responsible for reviewing, verifying, and processing home equity loan applications. They ensure that all documentation is complete, accurate, and compliant with lending regulations. Their duties include communicating with borrowers, ordering appraisals, and coordinating with underwriters and closing agents. The processor plays a critical role in facilitating smooth and timely loan approvals while maintaining data accuracy and regulatory compliance. Strong attention to detail and customer service skills are essential for this role.

What are the typical daily responsibilities of a home equity loan processor?

As a Home Equity Loan Processor, your daily tasks include reviewing and verifying loan application documents, ordering and evaluating credit reports, coordinating with applicants for additional information, and ensuring that files meet all regulatory and company requirements. You will frequently interact with loan officers, underwriters, and title companies to move loans through each stage of the process. Attention to detail and effective time management are crucial, as you may handle multiple files simultaneously. Overall, the role is a dynamic mix of administrative and customer service duties that directly impact loan approval timelines and client satisfaction.

What are the key skills and qualifications needed to thrive as a home equity loan processor?

To thrive as a Home Equity Loan Processor, you need strong attention to detail, organizational skills, and familiarity with lending regulations or equivalent experience in loan processing or finance. Proficiency in loan origination systems (LOS), document management software, and understanding of credit and title reports are commonly required. Excellent communication, problem-solving abilities, and the capacity to work efficiently under deadlines help set top processors apart. These skills are essential to ensure accurate, compliant, and timely processing of home equity loans while providing outstanding service to clients and colleagues.

How much do entry level home equity loan processors make?

Entry-level home equity loan processors typically earn between $35,000 and $45,000 annually, depending on location and employer. Starting salaries may increase with experience, certifications, and proficiency with loan processing software and documentation requirements.

Is a home equity loan processor a difficult job?

A home equity loan processor's job involves reviewing loan applications, verifying documentation, and ensuring compliance with lending policies, which requires attention to detail and strong organizational skills. The role can be challenging due to the need for accuracy, understanding of financial documents, and managing multiple cases simultaneously, often within strict deadlines.

What qualifications do I need to be a home equity loan processor?

A home equity loan processor typically needs a high school diploma or equivalent, with some employers preferring post-secondary education or relevant certifications. Strong attention to detail, good communication skills, and familiarity with mortgage processing software are important, along with knowledge of loan documentation and lending regulations.
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What states have the most Home Equity Loan Processor jobs?

States with the most job openings for Home Equity Loan Processor jobs include:

Infographic showing various Home Equity Loan Processor job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Mortgage Loan Processor

Natco Credit Union

Richmond, IN โ€ข On-site

$35K - $49K/yr

Other

This job post hasย expired 1 day ago.ย Applications are no longer accepted.


Job description

JOB TITLE: Mortgage Loan Processor
JOB CODE: MLP
EMPLOYER: Natco Credit Union
DEPARTMENT: Lending
REPORTS TO: Mortgage Loan Manager
EFFECTIVE DATE: 08/21/2026
REVISED DATE:
SUMMARY: Supports the mortgage and home equity lending process by assisting members, loan officers, and third-party vendors from application through closing and servicing. This position is responsible for processing loan documentation, maintaining accurate records, coordinating loan closings, ensuring regulatory compliance, and providing exceptional member service.
DUTIES AND RESPONSIBILITIES:
  • E Answers member inquiries regarding mortgage, home equity, and HELOC products; schedules appointments; and assists members throughout the application and loan process.
  • E Monitors online applications, follows up with members and loan officers, and gathers, reviews, verifies, and organizes required documentation to ensure complete and accurate loan files.
  • E Maintains electronic and physical loan records by entering loan data, uploading documents, and ensuring information is accurate and current within loan origination and servicing systems.
  • E Orders, tracks, and reviews appraisals, title work, flood determinations, verifications, and other third-party reports and documentation required for loan processing and closing.
  • E Communicates with members, loan officers, underwriters, title companies, attorneys, and other vendors to facilitate timely processing, approval, and closing of mortgage and home equity loans.
  • E Reviews loan files for completeness, clears conditions, and ensures compliance with credit union policies, investor requirements, and applicable regulations.
  • E Coordinates loan closings, prepares and reviews closing documentation, disburses loan proceeds, completes and prepares Pre-Quality Control reviews and post-closing reviews on loan files for accuracy and completeness, and records or files documents with appropriate agencies and recording offices.
  • E Processes loan payoffs, prepares mortgage satisfactions and releases, and maintains related documentation.
  • E Maintains mortgage and HELOC servicing records, including escrow accounts, property taxes, insurance coverage, title policies, recorded mortgages, renewals, payoffs, and payment issue resolution.
  • E Prepares and maintains monthly reports, interest rate surveys, pipeline reports, and management or Board reporting.
  • E Remains current on applicable lending regulations, policies, procedures, and industry best practices to ensure compliance.
  • N Performs other related duties as assigned.
SUPERVISORY RESPONSIBILITIES:
  • This job has no supervisory responsibilities.
QUALIFICATIONS:
  • High school diploma or equivalent required.
  • Associate degree in Business, Finance, or related field preferred.
  • Two years of mortgage, home equity, consumer lending, loan processing, or related financial services experience preferred.
  • NMLS license preferred.
  • Knowledge of mortgage and home equity loan processing and servicing practices.
  • Strong organizational, communication, and customer service skills.
  • Attention to detail and ability to manage multiple priorities.
  • Proficiency with Microsoft Office and loan origination/servicing systems.
  • Ability to maintain confidentiality and regulatory compliance.
COMPETENCIES:
1. Communication - Shares information clearly and respectfully in an efficient and consistent manner, listens actively, manages conflict constructively, maintains confidentiality, and stays open to feedback and new ideas while maintaining professionalism and emotional control.
2. Cultural Excellence - Embodies the organization's core values - OWN IT, BUILD IT, LIVE IT - by acting with honesty, respect, and accountability; earns trust, keeps commitments, and consistently demonstrates ethical behavior in accordance with compliance standards.
3. Service - Prioritizes member delight by responding promptly, professionally, and empathetically; builds strong relationships, remains respectful and composed, and contributes to a collaborative, team-oriented environment that reflects a service-first culture.
4. Initiative - Demonstrates reliable attendance and punctuality; takes ownership of responsibilities, completes tasks independently, on time and accurately, seeks growth opportunities, and proactively supports team and organizational goals.
5. Flexibility - Adapts well and exhibits resilience to changing priorities, shifting demands, and unexpected challenges. Applies sound judgment to problem-solving and remains composed and solution-focused in dynamic situations.
6. Mortgage Processing - Maintains a high level of service and professionalism while coordinating the administrative functions of the mortgage and home equity lending process. Ensures loan documentation is complete and accurate, while maintaining compliance with regulatory and organizational requirements; Builds effective working relationships with members and external partners to ensure a smooth and efficient lending process; and effectively manages priorities to meet processing deadlines and organizational service standards.
GOALS:
  • This job is not evaluated on performance goals. Performance is evaluated on Competencies listed above.
PHYSICAL DEMANDS AND WORK ENVIRONMENT:
  • Continually required to sit, talk, hear, utilize hand and finger dexterity, work for extended periods of time as necessary to accomplish objective, goals and projects, view computer monitor, read documents and procedures necessary to the daily performance of essential functions, perform repetitive motion and movements of the wrists, hands and/or fingers and operate standard office equipment, including a personal computer, telephone and photocopier.
  • While performing the duties of this job, the noise level in the work environment is usually quiet to moderate.
  • The employee must:
    • occasionally lift and/or move up to __50__ pounds.
  • Additional remarks regarding work environment: Work is conducted at a desk.
  • Specialized equipment, machines, or vehicles used: Driving personal vehicle and traveling for moderate periods of time as needed. Commuting to and from work may involve driving during inclement weather.

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.