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Live In Auto Loan Processor Jobs in Elgin, IL (NOW HIRING)

Loan Processor

Chicago, IL ยท On-site

$19.25 - $25.75/hr

Qualificationsand Skills: * 5+ years of experience in mortgage processing. * Experience handling conventional, FHA, VA, USDA, Jumbo, Non-QM, Bond, and other loan products. * Experience processing ...

The Senior Loan Processor supports the Sharp Team's Chicago, IL office at CrossCountry Mortgage ... Assemble the complete loan package in proper order for underwriting. * Verify all required ...

Consumer Loan Processor

Chicago, IL ยท Hybrid

$41K - $59K/yr

Consumer Loan Processor Manage the consumer loan application process, ensure documentation is ... Exhibit an understanding of title perfection requirements to secure Alliant's legal interest in ...

Consumer Loan Processor

Chicago, IL ยท Hybrid

$41K - $59K/yr

Manage the consumer loan application process, ensure documentation is complete, accurate, and ... Exhibit an understanding of title perfection requirements to secure Alliant's legal interest in ...

Consumer Loan Processor

Chicago, IL ยท Hybrid

$41K - $59K/yr

Manage the consumer loan application process, ensure documentation is complete, accurate, and ... Exhibit an understanding of title perfection requirements to secure Alliant's legal interest in ...

Consumer Loan Processor

Chicago, IL ยท On-site

$41K - $59K/yr

Manage the consumer loan application process, ensure documentation is complete, accurate, and ... Exhibit an understanding of title perfection requirements to secure Alliant's legal interest in ...

Sr. Commercial Loan Processor

Lombard, IL ยท On-site

$70K - $90K/yr

Accurately enter and maintain loan data in core processing systems (nCino, Salesforce, Jack Henry) to effectively manage pipelines, workflow, and funding deadlines * Contribute to ongoing process ...

SBA Loan Processor II

Chicago, IL ยท On-site

$23 - $30/hr

They will work in conjunction with the SBA Business Development Officer, SBA Underwriter, borrower, and external parties to successfully process the loan from application to closing. They have a ...

Home Equity Loan Processor

Chicago, IL ยท Remote

$23.13 - $48.13/hr

The Home Equity Loan Processor will: Key Responsibilities: * Ability to meet production, quality ... If you are a California resident, live in or plan to work from Los Angeles County upon being hired ...

Live In Caregiver

Libertyville, IL ยท On-site

$600 - $850/wk

Paid time off Live-In Caregiver: A Calling, Not Just a Job At ComForCare , we are looking for ... Any questions about your application or the hiring process must be directed to the locally owned ...

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Live In Auto Loan Processor information

See Elgin, IL salary details

$13

$21

$30

How much do live in auto loan processor jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for live in auto loan processor in Elgin, IL is $21.06, according to ZipRecruiter salary data. Most workers in this role earn between $17.84 and $23.75 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Live In Auto Loan Processor, and why are they important?

To thrive as a Live In Auto Loan Processor, you need a strong understanding of loan documentation, financial analysis, and relevant regulations, typically supported by a background in finance or banking. Familiarity with loan origination systems (LOS), credit reporting software, and compliance tools is essential. Attention to detail, strong organizational skills, and clear communication help set top performers apart in this role. These abilities ensure accurate loan processing, regulatory compliance, and positive customer experiences in a fast-paced lending environment.

What are the typical daily responsibilities of a Live In Auto Loan Processor and how do they contribute to the overall loan approval process?

A Live In Auto Loan Processor typically manages the intake and verification of loan applications, reviews credit reports, gathers necessary documentation from applicants, and communicates directly with both clients and lenders. They play a critical role in ensuring all paperwork is accurate and complete, which helps speed up the approval process and reduces the risk of errors. Additionally, they often coordinate with underwriters and sales teams to resolve any issues quickly, making their attention to detail and communication skills essential for success in this collaborative environment.

What does a Live In Auto Loan Processor do?

A Live In Auto Loan Processor is responsible for managing and processing auto loan applications, typically for a financial institution or dealership. Their duties include reviewing applicant information, verifying documents, evaluating creditworthiness, and communicating with applicants and lenders throughout the loan approval process. They ensure that all required paperwork is accurate and complete, and that the loan meets regulatory and organizational guidelines. The 'live in' aspect may refer to on-site or in-house processing, rather than remote work, to facilitate faster and more efficient loan handling.
What are the most commonly searched types of Auto Loan Processor jobs in Elgin, IL? The most popular types of Auto Loan Processor jobs in Elgin, IL are:
What cities near Elgin, IL are hiring for Live In Auto Loan Processor jobs? Cities near Elgin, IL with the most Live In Auto Loan Processor job openings:
Loan Processor

Loan Processor

Constructive Loans, LLC

Oakbrook Terrace, IL โ€ข Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Job description

Position Overview

Reporting to the Processing Manager, this position will ensure the timely and accurate packaging of all loans originated, preparing the application for submittal to underwriting taking the file from pre-approval to closing. The role is responsible for collecting, verifying and uploading loan information into the Loan Origination System (LOS). The position will prepare loan files for review and analyze loan documentation for accuracy and completeness.

The role partners with loan officers, underwriters, cross-functional teams and departments to address conditions, resolve discrepancies to meet critical timelines. This position ensures compliance with regulatory requirements, company policies and investor guidelines to support the successful funding and closing of loans.

Core Functions and Responsibilities
  • Review and verify loan application details for accuracy and completeness ensuring compliance with company policies and regulatory requirements
  • Collect, organize and analyze supporting documentation including income, asset liability and credit information
  • Prepare and submit complete loan files to the underwriting team ensuring all necessary conditions and documentation are provided
  • Collaborate with internal and external stakeholders to address and obtain additional information required by underwriting
  • Partner with loan officers and underwriters to address inquiries, resolve conditions and discrepancies during the loan review process
  • Monitor the status of loans to ensure processing and closing timelines are met
  • Provide status reports on each mortgage indicating process to the loan officers
  • Establish and maintain accurate records updating files and databases for internal reporting
  • Send and initiate follow up requests on verifications to employers, banks, and creditors
  • Maintain accurate and organized records of loan files in accordance with company and regulatory standards
  • Perform other duties and responsibilities as assigned
Qualifications
  • High School diploma or GED preferred
  • 2+ years' experience in loan processing in the mortgage industry
  • 1+ years' experience in customer service
  • Proven experience processing business purpose loans preferred
  • Strong understanding of GFE, TIL and RESPA rules
  • Prior experience working in a fast-paced, high-volume work environment preferred
  • Solid skills and experience in MS Word, Excel and Outlook
Skills and Abilities
  • Strong verbal and written communication skills
  • Strong interpersonal skills
  • Strong analytical skills
  • Solid decision-making abilities coupled with sound judgment
  • Strong time management skills
  • Ability to prioritize numerous tasks and manage shifting priorities
  • Client focused with strong execution skills and results orientation
  • High-level of precision with attention to detail and consistency
  • Flexible, open to change, ability to learn new things quickly
  • Ability to work in a collaborative environment and provide guidance for working groups
Compensation and Benefits

Hiring Range: $22.00โ€“$28.00 per hour

Compensation within this range may vary based on each candidate's job-related expertise, skills, and experience. Final offers are determined individually, reflecting the unique qualifications of each candidate.

Benefits Include:
  • Paid Time Off (PTO)
  • Floating Holiday
  • Paid Parental Leave
  • Medical
  • Dental
  • Vision
  • Life & Disability
  • FSA/HSA
  • Fidelity 401(k) with employer match

Location: Remote