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Independent Loan Processor Jobs (NOW HIRING)

Loan Processor

Waco, TX ยท On-site

$55K/yr

Loan Processor LOCATION Waco, TX 76701 | Onsite COMPENSATION & SCHEDULE * $50,000-$55,000 annually ... Ability to work independently while collaborating with a team. LEGAL NOTICE By applying for this ...

Loan Processor

Lake Worth, FL ยท 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 ยท 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 ...

Loan Processor

Lake Worth, FL ยท 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 ...

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 โ€ข Divorce, mortgage lending experience is ...

Loan Processor

Newburyport, MA ยท On-site

$53K - $60K/yr

Loan Processor - Residential Lending The Institution for Savings is seeking a full-time, in-office ... Ability to work independently and as part of a team The salary range posted is one component of the ...

Loan Processor

West Hartford, CT ยท 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

Newburyport, MA ยท On-site

$53K - $60K/yr

Loan Processor - Residential Lending The Institution for Savings is seeking a full-time, in-office ... Ability to work independently and as part of a team The salary range posted is one component of the ...

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

York, NE ยท On-site

$18.50 - $24.50/hr

The Mortgage Loan Processor assists Loan Officers with the preparation of loan documentation while ... Ability to work in a team atmosphere and independently. Will provide unmatched customer service and ...

Candidate must be able to work independently after training and be highly motivated. Candidate must ... Responsible for processing, administration, and closing of various types of loans. Assists loan ...

New

Loan Processor

Hartford, CT ยท 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 ...

$18 - $25/hr

Candidate must be able to work independently after training and be highly motivated. Candidate must ... Responsible for processing, administration, and closing of various types of loans. Assists loan ...

New

Loan Processor

Cary, NC ยท 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

$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

Medford, NY ยท 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

Medford, NY ยท 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 ...

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Independent Loan Processor information

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How much do independent loan processor jobs pay per hour?

As of Aug 3, 2026, the average hourly pay for independent 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.

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

A mortgage broker typically earns a commission based on the loan amount, often around 0.5% to 1%, which would be $2,500 to $5,000 on a $500,000 loan. This commission is usually split with the lender and can vary depending on the broker's agreements and the loan specifics.

What are typical daily responsibilities of an Independent Loan Processor?

As an Independent Loan Processor, your daily tasks typically include reviewing and verifying loan application documents, coordinating with borrowers and third parties (such as title companies and appraisers), and ensuring all files are compliant with current lending regulations. You will often manage multiple files at different stages of the process, so strong organizational skills are critical. Additionally, you may communicate directly with underwriters and loan officers to resolve outstanding issues quickly. The role offers variety, autonomy, and an opportunity to develop client relationships, making it a rewarding choice for self-motivated professionals.

What is an Independent Loan Processor job?

An Independent Loan Processor is a self-employed professional who assists mortgage brokers, loan officers, or lending institutions in preparing and verifying loan applications. Their responsibilities include reviewing financial documents, ensuring compliance with lender guidelines, and coordinating with underwriters to facilitate loan approvals. Unlike in-house loan processors, independent processors work on a contract basis, providing flexibility and the ability to serve multiple clients. They play a crucial role in streamlining the mortgage process and ensuring timely closings.

What are the key skills and qualifications needed to thrive in the Independent Loan Processor position, and why are they important?

To thrive as an Independent Loan Processor, you need a strong background in loan documentation, financial analysis, and regulatory compliance, often supported by experience in mortgage processing or a related financial field. Familiarity with loan origination systems (LOS), credit reporting platforms, and certifications such as NMLS registration are typically necessary. Excellent organizational skills, attention to detail, and clear communication are valuable soft skills for managing multiple loan files and client relationships. These capabilities ensure loans are processed accurately and efficiently, minimizing risk and helping clients achieve timely approvals.

Will MLO be replaced by AI?

An independent loan processor's role involves reviewing loan documents and verifying borrower information, tasks that currently require human judgment and attention to detail. While AI tools can assist with data entry and document analysis, they are unlikely to fully replace loan processors due to the need for critical thinking and customer interaction. Loan processors will continue to adapt by integrating new technologies into their workflow.

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 a base salary plus bonuses, depending on the employer and location. Skills in underwriting and customer service are important in this role.

Can you be an independent loan processor?

Yes, an independent loan processor can work as a freelance or contract professional, handling loan documentation and processing tasks independently for lenders or clients. This role typically requires knowledge of loan programs, strong organizational skills, and familiarity with processing software; some may also need relevant certifications or licensing depending on the jurisdiction.
More about Independent Loan Processor jobs
What cities are hiring for Independent Loan Processor jobs? Cities with the most Independent Loan Processor job openings:
What are the most commonly searched types of Independent Loan Processor jobs? The most popular types of Independent Loan Processor jobs are:
What states have the most Independent Loan Processor jobs? States with the most job openings for Independent Loan Processor jobs include:
Infographic showing various Independent Loan Processor job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 16% Part Time, and 8% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Loan Processor

CornerStone Staffing

Waco, TX โ€ข On-site

$55K/yr

Full-time

Posted 5 days ago


Job description

Loan Processor

LOCATIONWaco, TX 76701 | Onsite

COMPENSATION & SCHEDULE
• $50,000–$55,000 annually, based on experience
• Monday–Friday, 8:00 AM–5:00 PM


ROLE IMPACT
Join a growing team where you'll play a key role in ensuring loan files are processed accurately and efficiently from application through closing. Success in this role comes from maintaining organized documentation, meeting deadlines, and providing exceptional support throughout the loan process.


Key Responsibilities
• Process loan applications and supporting documentation from start to finish.
• Review loan files for accuracy, completeness, and compliance with lending requirements.
• Communicate with internal teams and customers to obtain required documentation and resolve outstanding items.
• Maintain accurate loan records and track file status throughout the approval process.
• Support a high-volume workload while meeting quality and turnaround expectations.


Minimum Qualifications
• Loan processing experience is required.
• Approximately two years of loan processing experience.
• Strong attention to detail with the ability to manage multiple priorities in a fast-paced environment.


CORE TOOLS & SYSTEMS
• Loan origination systems (LOS)
• Microsoft Office Suite
• Document management systems
• Email and calendar applications


PREFERRED SKILLS
• Candidates located in the Waco area are strongly preferred.
• Strong communication and customer service skills.
• Ability to work independently while collaborating with a team.


LEGAL NOTICE

By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from CornerStone and its affiliates, and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy at: https://www.cornerstonestaffing.com/privacy