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Independent Contractor Loan Processor Jobs (NOW HIRING)

Loan Processor

$19.25 - $25.50/hr

... loan process ... What you'll do: • Must be able to independently calculate all types of self-employed income. • ...

Loan Processor

$52K - $75K/yr

... 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

Houston, TX · On-site

$18 - $23.75/hr

We are looking for an experienced Mortgage Loan Processor who can drive amazing and deep ... Must be able to independently calculate all types of self-employed income. * Must be able to fund a ...

Loan Processor

$19.25 - $25.50/hr

... loan process ... What you'll do: • Must be able to independently calculate all types of self-employed income. • ...

Loan Processor

Hoover, AL · On-site

$16.50 - $22/hr

We are looking for an experienced Mortgage Loan Processor who can drive amazing and deep ... Must be able to independently calculate all types of self-employed income. * Must be able to fund a ...

Loan Processor

Miami, FL · On-site

$18 - $24/hr

Loan Processor Job ID 2026-6033 Category Loan Services Type Full-Time Workplace policy Hybrid ... Ability to work independently with minimum of supervision and to be a team player with a positive ...

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

Salem, MA · On-site

$45K - $60K/yr

Loan Processor Salem Five is a growing regional financial services organization with a rich history ... As an independent bank, we are deeply rooted in the communities we serve and offer our employees ...

Loan Processor

Billings, MT · On-site

$17.84 - $26.77/hr

Position Summary The Loan Processor processes loan applications and performs a variety of support ... Ability to perform job functions independently or with limited supervision and work effectively ...

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 ...

Loan Processor

Coral Gables, FL · On-site

$18 - $24/hr

About the Role The Loan Processor processes and closes different types of business, consumer loans ... Ability to work independently with minimum of supervision and to be a team player with a positive ...

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 ...

Award and originate these loans using independent judgement to follow all appropriate guidelines. * Monitor and process reports to identify and resolve loan reconciliation and discrepancies from both ...

Loan Processor

Knoxville, TN · On-site

$18 - $23.75/hr

Minimum of 2 years of experience in loan processing, loan administration, mortgage lending ... Ability to work independently, take ownership, solve problems, and escalate issues appropriately ...

New

Loan Processor

Pocatello, ID · On-site

$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

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.

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

Salem, MA · On-site

$20.50 - $27.25/hr

As an independent bank, we are deeply rooted in the communities we serve and offer our employees ... Word, Excel, and mortgage loan processing software skills required. * Strong time management and ...

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.

Loan Processor

West 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 ...

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Independent Contractor Loan Processor information

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$13

$21

$30

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

As of Jun 28, 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.

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.

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:
What job categories do people searching Independent Contractor Loan Processor jobs look for? The top searched job categories for Independent Contractor Loan Processor jobs are:
Infographic showing various Independent Contractor Loan Processor job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 75% In-person, and 25% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

$19.25 - $25.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 28 days ago


Job description

Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of amazing service, customer satisfaction, on-time closings, employee retention, and happiness. We employ people who are passionately committed to Cornerstone's Mission, Vision & Core Convictions. Our brand is known for on-time closings - a key core conviction of Cornerstone. We have successfully navigated our company through many industry cycles and changes in regulations.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
We are looking for an experienced Mortgage Loan Processor who can drive amazing and deep relationships with our Loan Originators and Customers. This professional will partner with our team to assist our Originators and Customers through the loan process.
What you'll do:
• Must be able to independently calculate all types of self-employed income.
• Must be able to fund a minimum of 20 units per month while working towards the same units for the following month.
• You will need to monitor and manage workflow to ensure timely closings
• Maintain product knowledge and stay up to date on changes to market conditions
• Proficiency with AUS systems
• Comply with all applicable laws and regulations related to mortgage lending.
• Communicate with borrowers, operations staff, title companies, Realtors, etc., to expedite the mortgage process.
What you'll need to be successful:
Success in this job relies on your experience in processing mortgage loans and your understanding of the residential mortgage loan process.
• 3 plus years of continuous current retail Mortgage Processing experience preferred
• TRID knowledge required
• Excellent communication skills are a must
• Knowledge of FNMA, FHLMC, FHA, & VA underwriting guidelines
• Experience using LoanSoft LOS is a plus.
• Salesforce experience and knowledge of working within a database are a plus
• Strong written and verbal communication skills
• Teamwork and customer service are a must
• Self-motivated and energetic
• Strong computer and technology-related skills
• Able to work independently and proactively, prioritizing workload and handling multiple tasks
Where you come in:
We're a great company with great people, and we're looking for an experienced Processor who will bring enthusiasm, attention to detail, and a servant's heart to our team of top-tier mortgage professionals. This professional will work in a tight-knit, goal-oriented team.
What we offer:
Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, , Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department.
What to do next:
If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.