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Independent Loan Processor Jobs (NOW HIRING)

Suncoast Credit Union Careers

Loan Processor

Tampa, FL · Hybrid

$19 - $25/hr

Process, close, and disburse a variety of titled collateral loans, including purchases from lease ... Ability to work independently and in a team-oriented environment * Must be able to maintain a high ...

NY TEAM FEDERAL CREDIT UNION

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Loan Processor

Holbrook, NY

$19 - $25.50/hr

Process and prepare Home Equity Loans, Home Equity Lines of Credit (HELOCs), Mortgages, Personal ... Ability to work independently and collaboratively in a team environment. Preferred Qualifications:

NY TEAM FEDERAL CREDIT UNION

Be Seen First

Loan Processor

Holbrook, NY

$19 - $25.50/hr

Process and prepare Home Equity Loans, Home Equity Lines of Credit (HELOCs), Mortgages, Personal ... Ability to work independently and collaboratively in a team environment. Preferred Qualifications:

Opulence Funding LLC

Loan Processor

Ramsey, NJ · On-site

$45K - $60K/yr

Ability to work independently while collaborating with loan officers, processors, and support staff. * Familiarity with loan processing software and mortgage technology platforms is preferred.

Opulence Funding LLC

Loan Processor

Ramsey, NJ · On-site

$45K - $60K/yr

Ability to work independently while collaborating with loan officers, processors, and support staff. * Familiarity with loan processing software and mortgage technology platforms is preferred.

Cornerstone Capital Bank

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. • ...

Cornerstone Capital Bank

Loan Processor

Houston, TX

$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 ...

City National Bank

Loan Processor

Miami, FL

$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 ...

Cornerstone Capital Bank

Loan Processor

Hoover, AL

$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 ...

Cornerstone Capital Bank

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. • ...

AgWest

Loan Processor

Klamath Falls, OR

$44K - $66K/yr

Loan Processor Klamath Falls, OR AgWest Farm Credit is a member-owned financial cooperative that ... Ability to work independently and as part of a collaborative team Preferred Qualifications

New

True Lending Company

Loan Processor

$55K - $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 ...

Opulence Funding LLC

Loan Processor

Ramsey, NJ · On-site

$18.75 - $25/hr

Ability to work independently while collaborating with loan officers, processors, and support staff. Familiarity with loan processing software and mortgage technology platforms is preferred.

Opulence Funding LLC

Loan Processor

Ramsey, NJ · On-site

$45K - $60K/yr

Ability to work independently while collaborating with loan officers, processors, and support staff. * Familiarity with loan processing software and mortgage technology platforms is preferred.

City National Bank of Florida

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 ...

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All JobsIndependent Loan Processor Jobs

Independent Loan Processor information

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$13

$21

$30

How much do independent loan processor jobs pay per hour?

As of Jun 14, 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 approximately $2,500 to $5,000 on a $500,000 loan. The exact commission can vary depending on the broker, lender, and loan specifics, and may include additional fees or bonuses for volume or performance.

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.

Is a loan processor an entry level position?

A loan processor is often considered an entry-level position in the lending industry, requiring basic knowledge of loan documents and customer service skills. Many employers offer on-the-job training, and some roles may require prior experience or relevant certifications such as a mortgage license. Advancement opportunities typically involve gaining experience and developing specialized skills in loan processing or underwriting.

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 processing jobs will continue to evolve with technology, but human oversight remains essential.

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 and bonuses, depending on the employer and location. Skills in underwriting and customer service are important in this role.
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Independent Loan Processor jobs near you
Loan Processor

Loan Processor

First Equity Funding (First Equity Capital)

Sea Girt, NJ • On-site

$55K - $65K/yr

Other

Medical, Dental, Vision, PTO

Posted 11 days ago

Job description

Who We Are

First Equity Funding is a private real estate lender offering Fix & Flip, DSCR/Rental, Multifamily/Mixed-use, and New Construction loan programs in 44 states throughout the US.

At First Equity, we pride ourselves on being more than just a real estate lender. We are investment partners who help analyze and identify investment opportunities, ensure fast approval and delivery of funds, and offer construction consultancy to help property rehabilitation run smoothly and efficiently.

Since our incorporation in 2009, we have helped grow the portfolios of thousands of real estate investors. Our commitment to client success and experience in lending, construction, and real estate investing uniquely positions us as one of the premier private lenders in the country.

Who You Are

We are seeking a detail-oriented and experienced Loan Processor to join our dynamic team in the financial services industry. The ideal candidate will play a crucial role in the loan origination process, ensuring that all documentation is accurate and compliant with relevant regulations. This position requires a strong understanding of mortgage guidelines, underwriting processes, and a commitment to providing exceptional service to both clients and loan officers.

What You'll Do
  • Review and analyze loan applications for completeness and accuracy.
  • Process loans in accordance with company policies.
  • Collaborate with loan officers to gather necessary documentation for underwriting.
  • Conduct credit analysis to assess borrower eligibility.
  • Maintain detailed records of all loan processing activities.
  • Utilize basic math skills for calculations related to loans, escrow, and other financial documents.
  • Communicate effectively with clients, lenders, and other stakeholders throughout the loan processing cycle.
What You Bring
  • 1 year of proven experience in loan processing or related roles within the financial services sector.
  • Familiarity with mortgage guidelines, servicing, and underwriting practices.
  • Strong understanding of credit analysis principles and banking operations.
  • Excellent attention to detail with strong organizational skills.
  • Proficient in basic math and capable of performing calculations accurately.
  • Ability to work independently as well as collaboratively within a team environment.
  • Strong communication skills, both written and verbal. Join us in delivering exceptional service while helping clients achieve their financial goals through effective loan processing.
What We Offer

Salary range: $55k-$65K depending on experience

Benefits:

  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

#IND1

Employment Type: OTHER

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