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Junior Loan Processor Jobs in Springfield, VA (NOW HIRING)

Compass Pointe Consulting

Loan Processor

Reston, VA · On-site

$65K - $80K/yr

Compass Pointe Loan Processor: Compass Pointe Consulting is seeking an experienced Loan Processor to support customers throughout the mortgage process. This individual will coordinate with borrowers ...

Compass Pointe Consulting

Loan Processor

Reston, VA · On-site

$19.50 - $26/hr

Compass Pointe Loan Processor: Compass Pointe Consulting is seeking an experienced Loan Processor to support customers throughout the mortgage process. This individual will coordinate with borrowers ...

NVR, Inc.

Loan Processor

Dumfries, VA · On-site

$55K - $65K/yr

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...

NVR, Inc.

Loan Processor

Fairfax, VA · On-site

$55K - $65K/yr

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...

NVR Inc

Loan Processor

Fairfax, VA · On-site

$55K - $65K/yr

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...

NVR Inc

Loan Processor

Dumfries, VA · On-site

$55K - $65K/yr

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...

Capital Bank

Mortgage Loan Processor

Rockville, MD · On-site

$25.51 - $35.71/hr

Position Purpose The Mortgage Loan Processor works closely with loan originators to process mortgage loans in order to provide a best-in-class customer experience. The Processor receives the ...

Capital Bank

Mortgage Loan Processor

Rockville, MD · On-site

$25.51 - $35.71/hr

Position Purpose The Mortgage Loan Processor works closely with loan originators to process mortgage loans in order to provide a best-in-class customer experience. The Processor receives the ...

Signature Federal Credit Union

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Home Equity | Mortgage Loan Processor

Alexandria, VA · On-site

$20.37 - $30.55/hr

Explains loan programs to members, evaluates their needs and recommends options. * Pulls credit ... To develop recommendations for cost efficiency and enhancements to products, pricing, processes by ...

Waterstone Mortgage

Mortgage Loan Partner II

Ashburn, VA · On-site

$40K - $56K/yr

Work as a liaison for Loan Originators and with processing to help coordinate weekly pipeline meetings with each Loan Originator for accurate file tracking. * Responsible for submitting complete loan ...

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All JobsLoan Processor JobsJunior Loan Processor JobsJunior Loan Processor Jobs in Springfield, VA

Junior Loan Processor information

See Springfield, VA salary details

$34.5K

$37.9K

$40.2K

How much do junior loan processor jobs pay per year?

As of Sep 5, 2026, the average yearly pay for junior loan processor in Springfield, VA is $37,947.00, according to ZipRecruiter salary data. Most workers in this role earn between $37,600.00 and $37,600.00 per year, depending on experience, location, and employer.

What does a junior loan processor do?

A Junior Loan Processor assists in the preparation, review, and processing of loan applications. They gather and verify financial documents from borrowers, ensure all necessary paperwork is complete, and work closely with loan officers and underwriters to move applications through each stage of approval. Their responsibilities also include maintaining accurate records, communicating with clients about missing information, and helping resolve any issues that may delay the process. This role is often an entry point into the mortgage or banking industry, providing valuable experience in loan operations.

What are the key skills and qualifications needed to thrive as a junior loan processor?

To thrive as a Junior Loan Processor, you need a solid understanding of financial documentation, attention to detail, and basic knowledge of mortgage or loan processes, typically supported by a high school diploma or relevant coursework. Familiarity with loan origination systems (LOS), document management software, and compliance guidelines is often required. Strong organizational skills, effective communication, and the ability to multitask set top performers apart in this role. These abilities are crucial for ensuring accurate, efficient loan processing and maintaining regulatory compliance in a fast-paced lending environment.

What are some common challenges faced by junior loan processors, and how can they be overcome?

Junior Loan Processors often encounter challenges such as managing multiple loan files simultaneously, keeping up with frequent regulation changes, and ensuring accurate documentation. These challenges can be overcome by developing strong organizational skills, seeking mentorship from senior processors, and staying updated on lending guidelines through regular training. Building effective communication with loan officers, underwriters, and clients also helps streamline the process and reduces errors.

What is the difference between Junior Loan Processor vs Loan Processor?

AspectJunior Loan ProcessorLoan Processor
CredentialsHigh school diploma, some financial or banking certificationsHigh school diploma, relevant certifications preferred
ExperienceEntry-level, limited experienceModerate experience in loan processing
Work EnvironmentSupportive, training-focused teamMore independent, responsible for full loan processing
ResponsibilitiesAssist with document collection, data entry, initial reviewVerify documents, prepare loan files, communicate with clients

The main difference between a Junior Loan Processor and a Loan Processor is experience and responsibility level. Junior Loan Processors typically handle entry-level tasks and require less experience, often working under supervision. Loan Processors have more independence, handle complex tasks, and have a deeper understanding of loan procedures. Both roles are essential in the loan processing workflow, with the Junior role serving as a stepping stone to more advanced positions.

How much does a junior loan processor make?

A junior loan processor typically earns between $35,000 and $50,000 annually, depending on experience, location, and employer. Entry-level roles may start at the lower end of this range, with opportunities for advancement as skills and certifications develop.

Is a junior loan processor a difficult job?

A junior loan processor's job involves reviewing loan applications, verifying information, and ensuring compliance with lending policies, which requires attention to detail and organizational skills. While it can be challenging due to the need for accuracy and handling multiple tasks, it is generally considered an entry-level position with manageable complexity for those with basic financial knowledge and good communication skills.

What are the most commonly searched types of Loan Processor jobs in Springfield, VA?

The most popular types of Loan Processor jobs in Springfield, VA are:

What are popular job titles related to Junior Loan Processor jobs in Springfield, VA?

For Junior Loan Processor jobs in Springfield, VA, the most frequently searched job titles are:

What job categories do people searching Junior Loan Processor jobs in Springfield, VA look for?

The top searched job categories for Junior Loan Processor jobs in Springfield, VA are:

What cities near Springfield, VA are hiring for Junior Loan Processor jobs?

Cities near Springfield, VA with the most Junior Loan Processor job openings:

Junior Loan Processor jobs near you
Infographic showing various Junior Loan Processor job openings in Springfield, VA as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 16% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $37,947 per year, or $18.2 per hour.

Loan Processor

Compass Pointe Consulting

Reston, VA • On-site

$65K - $80K/yr

Full-time

Posted 7 days ago

Job description

Compass Pointe Loan Processor:

Compass Pointe Consulting is seeking an experienced Loan Processor to support customers throughout the mortgage process. This individual will coordinate with borrowers, loan officers, sales teams, underwriters, and closing personnel to ensure loan files are complete, accurate, and processed on schedule.
The Loan Processor will manage multiple loan files, collect required documentation, monitor outstanding items, and keep customers and internal partners informed throughout the process.
This is an on-site position based in a mortgage office.

Primary Responsibilities
Manage residential mortgage files from application through closing
Maintain regular communication with borrowers and internal business partners
Collect, review, and record borrower and property documentation
Set up loan files and order required items, including credit reports, employment verifications, deposit verifications, appraisals, and other exhibits
Identify missing or incomplete documentation and follow up promptly
Monitor submitted and pending loans to ensure deadlines are met
Coordinate with loan officers, underwriters, sales teams, and closing personnel
Prepare closing paperwork and verify loan files for accuracy and completeness
Maintain accurate records and follow applicable lending and compliance procedures
Provide responsive, professional customer service throughout the mortgage process

Qualifications
At least two years of mortgage loan-processing experience preferred
Knowledge of real estate documentation, underwriting guidelines, compliance requirements, and mortgage procedures preferred
Excellent customer service and communication skills
Strong organizational skills and attention to detail
Ability to manage multiple loan files and competing deadlines
Strong follow-through and problem-solving abilities
Ability to handle confidential financial information professionally
Comfortable working in a collaborative, fast-paced office environment