Senior Virtual Loan Processor The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures ...
Senior Virtual Loan Processor The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures ...
Senior Virtual Loan Processor
Independence, OH · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Independence, OH · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Columbus, OH · On-site +1
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Columbus, OH · On-site +1
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Bellevue, PA · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Bellevue, PA · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
State College, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
State College, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Bellevue, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Bellevue, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Buffalo, NY · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Buffalo, NY · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
State College, PA · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
State College, PA · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Columbus, OH · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Columbus, OH · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Warren, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Warren, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Fishers, IN · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Fishers, IN · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Mount Joy, PA · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Mount Joy, PA · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Columbus, OH · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Columbus, OH · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Erie, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Erie, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Independence, OH · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Independence, OH · On-site
$33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Williamsport, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Williamsport, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Columbus, OH · On-site +1
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Columbus, OH · On-site +1
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Fishers, IN · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Fishers, IN · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Mount Joy, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Senior Virtual Loan Processor
Mount Joy, PA · On-site
$28 - $33/hr
... Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as ...
Internship Virtual Loan Processor information
See salary details
$15.14 - $16.26
10% of jobs
$16.26 - $17.37
10% of jobs
$18.07 is the 25th percentile. Wages below this are outliers.
$17.37 - $18.49
9% of jobs
$18.49 - $19.60
16% of jobs
The median wage is $19.93 / hr.
$19.60 - $20.72
18% of jobs
$20.72 - $21.83
10% of jobs
$22.11 is the 75th percentile. Wages above this are outliers.
$21.83 - $22.95
9% of jobs
$22.95 - $24.06
8% of jobs
$24.06 - $25.17
5% of jobs
$25.17 - $26.29
3% of jobs
$26.29 - $27.40
2% of jobs
$15
$20
$27
How much do internship virtual loan processor jobs pay per hour?
What is the difference between Internship Virtual Loan Processor vs Virtual Loan Processor?
| Aspect | Internship Virtual Loan Processor | Virtual Loan Processor |
|---|---|---|
| Credentials | Typically no certifications required; some knowledge of loan processing preferred | Relevant certifications like NMLS or loan processing licenses often required |
| Work Environment | Internship setting, often part-time or temporary, remote or in-office | Full-time remote or hybrid work environment in financial institutions or mortgage companies |
| Employer & Industry | Financial institutions, mortgage companies, or banks offering training roles | Mortgage lenders, banks, or financial services firms handling loan processing |
The Internship Virtual Loan Processor is an entry-level role designed for training and gaining experience, often without formal certifications. In contrast, the Virtual Loan Processor is a full-time position requiring relevant credentials and more experience. Both roles operate remotely within the financial and mortgage industry, but the internship serves as a stepping stone toward a full career in loan processing.

Job description
The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as relevant government regulations and procedures, including ensuring that all loan documentation is complete, accurate, verified, and complies with state and federal compliance, the timely closing of all loans originated, and being the main point of contact with the borrower past the application date.
Essential Functions- Ensure compliance with Northwest's policies and procedures, and Federal/State regulations
- Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
- Work as part of a team
- Work with on-site equipment
- Manage the loan process from application submission to loan closing, customer relationship application submission to loan closing, and flexible schedule to meet customer needs
- Work with team and borrowers to gather all borrower required documents
- Interact with third-party vendors to acquire verifications, appraisals, title work, flood zone determinations, insurance documentation, payoffs, tax transcripts and other reports as needed for each loan file
- Update and organize all loan information in the loan origination system to ensure the file is current and accurate when submitted to underwriting
- Manage a pipeline of working loan files to ensure files move through processing and closing in a timely manner
- Ensure loans are ready for smooth transition to closers; processing loan files in compliance with Northwest policies and procedures, regulatory guideline, and investor and industry standards
- Maintain current knowledge of Mortgage and equity loan programs, procedures, and guidelines
- Examine loan documentation for accuracy and completeness
- Promote customer loyalty by providing superior service to each customer, referral source, and business partner
- Work cooperatively with business partners and referral sources
- Ensure customers understand products and loan terms through loan closing, and that all loan documentation is complete, accurate, verified, and complies with state and federal compliance
- Project professional image that inspires confidence and trust
- Promote relationship banking
- Describe available Northwest products and services to loan customers
- Identify customer needs
- Provide referrals to other business units
- Review file documentation and making sure all items needed are requested
- Follow up with all 3rd party orders
- Work with underwriters and management on loan exceptions
- Communicate counter-offers to the customer
- Follow the provisions of the Gramm-Bliley Act and Northwest's privacy policy; maintaining a high level of confidentiality
- Assist with application and phone volume overflow from as needed
- Perform outbound calling as assigned by management
- Associate's Degree preferred
- Bachelor's Degree preferred
- Registration with NMLSR and annual renewal-Registering with the Registry and maintain registration-Obtaining a unique identifier through the Registry-Providing unique identifiers to consumers Upon Hire required
- 5 - 6 years Residential Lending Industry experience preferred
- 3 - 5 years Experience in processing mortgage and/or equity loans for a financial institution preferred
- Knowledge of conventional, government loan products and guidelines including Fannie Mae, Freddie Mac, FHA, USDA-Rural Housing and VA Loans, Extensive
- Knowledge of Northwest mortgage and equity loan products and guidelines, Extensive
- As Needed for training
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.