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Independent Contractor Loan Processor Jobs (NOW HIRING)

We are seeking a highly organized and detail-oriented in-office Loan Processor to join our growing ... Ability to work independently with minimal supervision. * Bachelor's degree preferred but not ...

Loan Processor

Spencer, MA · On-site

$28.85 - $32.80/hr

We are seeking a detail-oriented and customer-focused Loan Processor to support our mortgage ... Performs work independently within scope of established guidelines and practices. Consults with ...

Loan Processor

Winchendon, MA · On-site

$28.85 - $32.80/hr

We are seeking a detail-oriented and customer-focused Loan Processor to support our mortgage ... Performs work independently within scope of established guidelines and practices. Consults with ...

Loan Processor

Lake Worth, FL · On-site

$16.75 - $22.25/hr

We're hiring a Loan Processor to manage the end-to-end processing of mortgage loans, ensuring ... Self-motivated and resourceful, with the ability to work independently or in a team setting. Why ...

Loan Processor

Lake Worth, FL · On-site

$31.25/hr

We're hiring a Loan Processor to manage the end-to-end processing of mortgage loans, ensuring ... Self-motivated and resourceful, with the ability to work independently or in a team setting. Why ...

We're hiring a Loan Processor to manage the end-to-end processing of mortgage loans, ensuring ... Self-motivated and resourceful, with the ability to work independently or in a team setting. Why ...

Loan Processor

$19.25 - $25.50/hr

... independently on complex files. Your work directly impacts clients navigating one of life's most ... 2+ years of loan processing experience required • Divorce, mortgage lending experience is ...

Loan Processor

West Hartford, CT · On-site

$19 - $25.50/hr

Job Title: Loan Processor Department: Processing Location: Hybrid/Remote - CT based Position ... Team player and works well independently * Ability to listen and make decisions quickly Technical ...

Health Insurance ROLE IMPACT As a Loan Processor, you will play a critical role in moving mortgage ... and contracted partners. Frequency varies for text messages. Message and data rates may apply.

Loan Processor

Medford, NY · On-site

$25 - $27/hr

One (1) to two (2) years of loan processing or general lending experience preferred. Certifications ... Skill with independent problem-solving * Intermediate mathematical skills * Ability to communicate ...

Loan Processor

Santa Ana, CA · On-site +1

$24 - $28/hr

Through our vast network of independent and franchise dealers, we have helped countless customers ... The Loan Processor is responsible for managing the documentation and verification process required ...

Loan Processor

Santa Ana, CA · On-site

$24 - $28/hr

Through our vast network of independent and franchise dealers, we have helped countless customers ... The Loan Processor is responsible for managing the documentation and verification process required ...

Loan Processor

Medford, NY · On-site

$25 - $27/hr

One (1) to two (2) years of loan processing or general lending experience preferred. Certifications ... Skill with independent problem-solving * Intermediate mathematical skills * Ability to communicate ...

Loan Processor

Elgin, IL · On-site

$18.68 - $23.34/hr

Loan Processor Reports To: Lending Manager Grade Level: 6 Full Salary Range: $18.68 - $28.02 Hiring ... both independently and in a team setting are required. Applicable federal and multi-state ...

Loan Processor

Medford, NY

$18.75 - $25/hr

One (1) to two (2) years of loan processing or general lending experience preferred. Certifications ... Skill with independent problem-solving * Intermediate mathematical skills * Ability to communicate ...

Loan Processor

Pocatello, ID

$17.75 - $23.50/hr

A Loan Processor achieves that support by assisting lenders with their loan requests and by ... Ability to work both independently and in a team environment. * Ability to understand and follow ...

Loan Processor

Hartford, CT · On-site

$19 - $25.50/hr

Keystone Equipment Finance Corp. (Keystone) is a privately held independent, commercial equipment ... KEF has a Processor position available in the West Hartford office. This position has visibility ...

Loan Processor

Santa Ana, CA · On-site +1

$24 - $28/hr

Through our vast network of independent and franchise dealers, we have helped countless customers ... The Loan Processor is responsible for managing the documentation and verification process required ...

Loan Processor

Cary, NC · On-site

$19 - $25.50/hr

We're looking for a detail-oriented, service-driven Loan Processor. This role is critical to ... Ability to work independently while collaborating effectively with teammates and business partners.

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Independent Contractor Loan Processor information

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$13

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$30

How much do independent contractor loan processor jobs pay per hour?

As of Jul 16, 2026, the average hourly pay for independent contractor 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 are some common challenges faced by independent contractor loan processors, and how can they be addressed?

Independent contractor loan processors often face challenges such as fluctuating workloads, maintaining consistent communication with multiple lenders, and ensuring compliance with varying guidelines. To address these, it's important to develop strong organizational skills, stay updated with industry regulations, and use reliable project management tools. Building strong relationships with loan officers, underwriters, and clients can also help streamline processes and reduce misunderstandings. Regularly attending industry webinars and networking can keep you informed about best practices and changes in loan processing requirements.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include base salary and bonuses, depending on the employer and structure, but commissions are a common component for loan officers involved in processing such loans.

What are the key skills and qualifications needed to thrive as an Independent Contractor Loan Processor, and why are they important?

To thrive as an Independent Contractor Loan Processor, you need a strong understanding of loan processing procedures, mortgage regulations, and documentation requirements, often backed by experience in loan origination or processing. Familiarity with loan origination systems (LOS), document management software, and industry certifications such as NMLS are highly valuable. Exceptional attention to detail, time management, and effective communication with lenders, borrowers, and underwriters set top performers apart. These skills ensure accuracy, compliance, and efficiency in processing loans, leading to successful and timely loan closings.

Will MLO be replaced by AI?

An independent contractor loan processor typically handles loan documentation and data entry, tasks that AI can automate to some extent. While AI tools can assist with processing and verification, human oversight remains essential for complex decisions and customer interactions in loan processing roles.

Can you be an independent loan processor?

Yes, an independent loan processor can work as a freelance or contract worker, handling loan documentation and processing tasks without being employed by a specific lender. This role often requires knowledge of loan programs, strong organizational skills, and familiarity with processing software. Independent loan processors typically set their own schedules and may need relevant certifications or experience to succeed.

How much does a processor for a mortgage company make?

A mortgage loan processor typically earns between $40,000 and $60,000 annually, with experienced processors or those in high-cost areas earning up to $70,000 or more. Compensation can vary based on experience, location, and whether they work as independent contractors or employees, often with additional bonuses or commissions for efficiency and accuracy.

What is the difference between Independent Contractor Loan Processor vs W-2 Loan Processor?

AspectIndependent Contractor Loan ProcessorW-2 Loan Processor
CredentialsTypically requires industry certifications, loan processing experienceSame certifications often required, with employer-provided training
Work EnvironmentFreelance or self-employed, remote or flexible locationsEmployed by a company, usually in an office setting
Employer & Industry UsageHired directly by clients or through agencies, common in mortgage industryEmployed by banks or mortgage companies, industry standard

In summary, Independent Contractor Loan Processors work independently, often remotely, and handle projects on a freelance basis, while W-2 Loan Processors are employed full-time by lenders or banks. Both roles require similar skills and certifications but differ mainly in employment status and work setup.

What are Independent Contractor Loan Processors?

Independent Contractor Loan Processors are professionals who work on a contract basis to handle and process mortgage loan applications for lenders, brokers, or real estate companies. Unlike in-house loan processors, they are not direct employees but operate as self-employed individuals or through their own businesses. Their responsibilities include verifying loan documents, communicating with borrowers, and ensuring that all required paperwork is completed accurately and on time. This role offers flexibility and the ability to work with multiple clients, but it also requires strong organizational skills and industry knowledge. Many independent contractor loan processors work remotely and manage their own schedules.
More about Independent Contractor Loan Processor jobs
What cities are hiring for Independent Contractor Loan Processor jobs? Cities with the most Independent Contractor Loan Processor job openings:
What are the most commonly searched types of Loan Processor jobs? The most popular types of Loan Processor jobs are:
What states have the most Independent Contractor Loan Processor jobs? States with the most job openings for Independent Contractor Loan Processor jobs include:
Infographic showing various Independent Contractor Loan Processor job openings in the United States as of July 2026, with employment types broken down into 71% Full Time, 8% Part Time, and 21% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Loan Processor

HTP Solutions

Mclean, VA

$65K - $75K/yr

Full-time

Medical, Dental, Retirement, PTO

Posted 13 days ago


Job description

We are one of the largest private real estate lenders in the Mid-Atlantic and have deployed more than $2 billion in capital since 2012. We provide financing solutions for residential and commercial real estate investors and developers and have been recognized by Inc. 5000, the Financial Times, and the Washington Business Journal as one of America's fastest-growing companies.

We are seeking a highly organized and detail-oriented in-office Loan Processor to join our growing team in McLean, Virginia. This role is ideal for a professional who thrives in a fast-paced, high-volume lending environment and can manage multiple loans simultaneously without sacrificing quality or accuracy.

The ideal candidate combines exceptional attention to detail with a strong sense of urgency. You'll serve as the primary point of contact for borrowers throughout the loan process, collaborating closely with underwriting, sales, legal, title companies, and capital partners to ensure loans move efficiently from submission through funding.

This position offers the opportunity to work with a high-performing team that values accountability, responsiveness, and operational excellence.

Why Join US

  • Collaborative, team-oriented culture
  • Exposure to a high volume of diverse real estate lending transactions
  • Direct access to leadership and decision-makers
  • Opportunities for professional growth as the company continues to expand
  • A results-driven environment where strong performers are recognized and rewarded
  • Modern office conveniently located near the Spring Hill Metro Station in McLean, VA
  • Base Salary: $65,000 – $75,000 (commensurate with experience)
  • Medical and Dental Insurance
  • 401(k)
  • Paid Vacation and Sick Time
  • Hybrid Work Schedule
  • Office Snacks and Team-Oriented Culture
  • Dedicated Workspace, Computer, and Software Provided

What Success Looks Like

The successful candidate will be known for:

  • Processing loans accurately and efficiently.
  • Maintaining exceptional attention to detail.
  • Communicating proactively with borrowers and internal stakeholders.
  • Thriving in a high-volume environment without sacrificing quality.
  • Taking ownership of loans from submission through closing and funding.

JOB SUMMARY 

Key Responsibilities

  • Serve as the primary point of contact for borrowers throughout the loan origination process.
  • Collect, review, and validate borrower documentation for completeness, accuracy, and compliance.
  • Manage an active pipeline of approximately 15–20 loans simultaneously while meeting internal service-level expectations and closing deadlines.
  • Coordinate closely with Underwriting, Sales, Legal, and Post-Closing teams to facilitate efficient loan processing.
  • Conduct background checks, credit reviews, and due diligence documentation reviews.
  • Maintain ownership of loan checklists and ensure all required documents, approvals, and conditions are satisfied prior to closing.
  • Work with title companies to clear title exceptions and coordinate closing schedules.
  • Upload and manage documentation with capital partners and third-party funding sources.
  • Provide timely and proactive status updates to borrowers, sales representatives, and leadership.
  • Ensure lender, investor, and capital partner requirements are satisfied throughout the process.
  • Maintain accurate loan records within the loan origination system and supporting platforms.
  • Collaborate with post-closing teams to resolve funding and documentation exceptions.
  • Assist with onboarding and training new team members as needed.
  • Consistently meet established performance metrics and KPIs.

Preferred Experience

We are particularly interested in candidates with experience in:

  • Private lending
  • Hard money lending
  • Commercial real estate lending

We will also consider strong mortgage loan processors who have demonstrated success in fast-paced, high-volume environments and can quickly adapt to private lending operations.

Experience working directly with:

  • Capital partners
  • Underwriters
  • Title companies
  • Fast-turnaround lending environments

is highly desirable.

Qualifications 


  • 4+ years of loan processing experience required.
  • Experience managing multiple loans simultaneously while maintaining accuracy and service levels.
  • Strong organizational, time management, and prioritization skills.
  • Excellent written and verbal communication skills.
  • Ability to work independently with minimal supervision.
  • Bachelor's degree preferred but not required for candidates with strong relevant experience.
  • Experience with Dynamics and Provellum preferred.
  • Experience with Liquid Logics is a plus.