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Loan Modification Processor Jobs (NOW HIRING)

Purpose Preparation, Processing and Filing Motions, Orders, Notice of Hearing, Adequate Protection Orders, Response to Motions to Sell, Motions to Approve Loan Modification/Deferrals/Partial Claims ...

Purpose Preparation, Processing and Filing Motions, Orders, Notice of Hearing, Adequate Protection Orders, Response to Motions to Sell, Motions to Approve Loan Modification/Deferrals/Partial Claims ...

DUTIES & RESPONSIBILITIES โ€ข Performs Post-Closing process, interpret loan documents and boards ... modification documents to identify system changes required by the modification; tracks ...

Consumer Collector

State College, PA ยท On-site

$16.75 - $22.25/hr

... loan processing, settlement maintenance, loan modification processing, account maintenance, and other unsecured account functions. Schedule: Monday-Friday 10:00am - 6:00pm, working every third ...

Consumer Collector

Harrisburg, PA

$16.75 - $22.50/hr

... loan processing, settlement maintenance, loan modification processing, account maintenance, and other unsecured account functions. Schedule: Monday-Friday 10:00am - 6:00pm, working every third ...

Consumer Collector

Harrisburg, PA ยท On-site

$16.75 - $22.50/hr

... loan processing, settlement maintenance, loan modification processing, account maintenance, and other unsecured account functions. Schedule: Monday-Friday 10:00am - 6:00pm, working every third ...

Loan Quality Control Specialist

Portsmouth, NH ยท On-site

$25.73 - $33.45/hr

Assessment of completed loan modification packages and upload for processing * Perform daily loan quality control reviews to identify discrepancies, ensure data integrity, and maintain regulatory ...

Consumer Collector

Indiana, PA

$15.50 - $20.75/hr

... loan processing, settlement maintenance, loan modification processing, account maintenance, and other unsecured account functions. Schedule: Monday-Friday 10:00am - 6:00pm, working every third ...

Loss Mitigation Underwriter III

Getzville, NY ยท On-site

$26 - $43.34/hr

This position submits loan modification workups and reviews appeal requests for loans where loss ... Participate in process improvements and providing procedure updates. * Review daily regulatory ...

Loan Quality Control Specialist

Portsmouth, NH ยท On-site

$25.73 - $33.45/hr

Assessment of completed loan modification packages and upload for processing * Perform daily loan quality control reviews to identify discrepancies, ensure data integrity, and maintain regulatory ...

Independently manage the loan modification review process, apply sound judgement to interpret credit approvals, assess policy and regulatory alignment and present findings to senior leadership and ...

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Loan Modification Processor information

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How much do loan modification processor jobs pay per hour?

As of Jul 13, 2026, the average hourly pay for loan modification 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.

Can a 70 year old woman get a 30 year mortgage?

A loan modification processor can help evaluate eligibility for a mortgage, but whether a 70-year-old woman can obtain a 30-year mortgage depends on the lender's policies and her financial situation. Many lenders offer mortgages to seniors, but approval may be influenced by factors such as income, credit score, and health of the loan terms. It's advisable to consult with lenders or mortgage professionals to explore available options.

Will MLO be replaced by AI?

A Loan Modification Processor (LMP) role involves reviewing financial documents and communicating with clients, tasks that require judgment and interpersonal skills. While AI can assist with data analysis and automate routine tasks, it is unlikely to fully replace LMPs due to the need for human oversight and decision-making in complex loan modifications.

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

A Loan Modification Processor should possess strong analytical abilities, attention to detail, and a solid understanding of mortgage lending practices, often supported by experience in loan processing or a finance-related degree. Familiarity with loan origination systems, document management software, and compliance regulations such as RESPA and HAMP is highly valued. Outstanding communication, problem-solving skills, and the ability to manage high-stress situations help set top performers apart. These competencies ensure efficient processing, regulatory compliance, and positive client interactions in a fast-paced lending environment.

What is a Loan Modification Processor job?

A Loan Modification Processor is responsible for reviewing, processing, and assisting borrowers in modifying the terms of their existing loans. They work with lenders and borrowers to collect necessary documentation, verify financial information, and ensure compliance with regulations. Their goal is to help borrowers secure modified loan terms that are more manageable, often to prevent foreclosure. Strong attention to detail, knowledge of loan servicing guidelines, and excellent communication skills are essential in this role.

What qualifications do you need to be a loan processor?

A loan modification processor typically needs a high school diploma or equivalent, with some employers preferring post-secondary education or relevant certifications. Strong organizational skills, attention to detail, knowledge of loan products and financial regulations, and proficiency with loan processing software are also important qualifications for the role.

What are the typical daily responsibilities of a Loan Modification Processor?

Loan Modification Processors are responsible for reviewing borrower documentation, verifying financial information, and determining eligibility for loan modification programs. They often communicate directly with clients, mortgage underwriters, and other team members to collect missing information and clarify requirements. Daily tasks also include ensuring all paperwork complies with regulatory standards, updating records in loan management systems, and tracking multiple cases simultaneously. This role requires excellent organizational skills and a focus on maintaining accuracy while working with tight deadlines. Working closely with other departments, processors play a crucial role in helping clients achieve sustainable mortgage solutions.

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

A loan modification processor typically does not earn a commission based on loan amounts; instead, they receive a salary or hourly wage. Loan officers, who originate loans, may earn a commission that ranges from 0.5% to 1% of the loan amount, so on a $500,000 loan, they could earn between $2,500 and $5,000 in commissions. Compensation varies by employer, experience, and location.
More about Loan Modification Processor jobs
What states have the most Loan Modification Processor jobs? States with the most job openings for Loan Modification Processor jobs include:
Infographic showing various Loan Modification Processor job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 87% Full Time, 8% Part Time, and 4% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.
MOTIONS Processor

MOTIONS Processor

Aldridge Pite LLP

Atlanta, GA โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 6 days ago


Job description

Aldridge Pite, LLP is a multi-state law firm that focuses heavily on the utilization of technology to create work flow synergies with its clients and business partners. Aldridge Pite is a full-service provider of legal services to depository and non-depository financial institutions including banks, credit unions, mortgage servicing concerns, institutional investors, private firms, and other commercial clients. Aldridge Pite is dedicated to providing best-in-class representation across all of its Practice Areas through its unwavering subscription to three fundamental tenets: Partnership, Integrity, and Innovation.

Purpose

Preparation, Processing and Filing Motions, Orders, Notice of Hearing, Adequate Protection Orders, Response to Motions to Sell, Motions to Approve Loan Modification/Deferrals/Partial Claims

Specific Duties, Activities and Responsibilities

  • Review daily reports to ensure that files are handled efficiently and timely
  • Preparation, Processing and Filing Motions, Orders, Notice of Hearing, Adequate Protection Orders, Response to Motions to Sell, Motions to Approve Loan Modification/Deferrals/Partial Claims
  • Sending & Monitoring of Declarations/Affidavits in Support of Motions, Assignments, Meet and Confer Letters, and Motions for Client Approval
  • Perform SCRA Searches and 48 hour Hearing Status
  • Set up of Local Counsel and process Hearing Results
  • Process ECF notifications and Attorney paper mail
  • Update Client Systems
  • Process Calls, Faxes, E-mails, Payment Histories, Disputes, Attorney Assignments and Debtor Checks
  • Provide support to Management and attorneys
  • Assist with additional projects as needed

Job Requirements

  • High School Diploma
  • Previous law firm experience is preferred but not required
  • Must have the ability to communicate with Attorneys
  • Must have ability to interpret client systems
  • Must be proficient in software tools including but not limited to Word, Excel, Outlook and the Internet
  • Must be organized and multi-task oriented
  • Must have excellent communication skills

General Competency Factors

  • Must be proficient in software tools, including but not limited to Word, Excel, Outlook, and the Internet.
  • Must possess strong written and verbal communications skills.
  • Must provide excellent customer service to internal and external customers
  • Identifies and solves issues in a timely manner.
  • Must be a team player and willing to help others in their department whenever necessary.
  • Must be extremely organized and be able to multi-task.
  • Conscientious with respect to work completion, deadlines, time management and attendance.
  • Takes initiative in face of obstacles and identifies what needs to be done and takes action.
  • Demonstrates commitment to Firmโ€™s vision, mission, and core values.
  • Analytical and detail oriented, while working at a fast pace and capable of multi-tasking.
  • Develops professional relationships and builds rapport with others.
  • Overall good work ethic and willingness to adapt to change.

In addition to remote work for most positions, we offer a comprehensive benefit program including:

  • Company Paid Life and Disability Insurance plans
  • Medical, Dental and Vision Plans with Prescription coverage
  • 401K Retirement Savings Plan
  • Flexible scheduling (within reason, depending on position)
  • Generous PTO plan for all full-time employees
  • Full equipment station at no cost for remote employees, including dual monitors
  • Employee Assistance Plan, offering free 24/7 counseling and consulting services to support emotional health and wellbeing
  • Wellness programs and employee discounts
  • Learning and development training opportunities for both personal and professional growth
  • And so much more!

Aldridge Pite, LLP is fully committed to Equal Employment Opportunity and to attracting, retaining, developing and promoting the most qualified employees without regard to race, gender, color, religion, sexual orientation, national origin, age, physical or mental disability, citizenship status, veteran status, or any other characteristic prohibited by federal, state or local law. We are dedicated to providing a work environment free from discrimination and harassment, and where employees are treated with respect and dignity.

Job Details
Pay TypeHourly