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Loan Officer Processor Jobs (NOW HIRING)

GoRascal

Mortgage Loan Processor

Brooklyn, NY · On-site

$50K - $70K/yr

Our LP3 is a true partner to the Loan Officer, borrowers, Realtors, attorneys, and underwriters ... process • Help further loan approval by serving as a liaison between applicants, real estate ...

Right Mortgage

Be Seen First

Mortgage Loan Officer Assistant

Troy, MI · On-site

$16 - $20/hr

Growth path into loan officer, processor, or sales management roles * Ongoing training in mortgage sales, products, and systems * Sponspored NMLS License after 90 business days Company Description ...

Truehold

Loan Officer Assistant

Jacksonville, FL

$34K - $47K/yr

We're looking for a Loan Officer Assistant to support our growing team of Loan Officers by helping ... Strong understanding of the mortgage origination process and loan documentation * Excellent ...

Equity Smart Home Loans

Loan Officer

South Pasadena, CA · On-site +1

We see a need for a new type of mortgage broker, one that views its loan officers and employees as partners , one that empowers people to build their equity through the mortgage process, one that ...

Yellowstone Local

Loan Processor

San Antonio, TX · On-site

$17 - $22.75/hr

Note conditions and provide details to Loan Officer. * Once all documentation is collected, files ... Develop and maintain current procedures for all functions within Loan Processor position * Other ...

LENDIFY HOME LOANS LLC

Loan Officer

Troy, MI · On-site

Manage the loan origination process from application through closing, ensuring all documentation is complete and accurate. * Conduct thorough assessments of client financial situations to determine ...

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Loan Officer Processor information

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$28.5K

$50.9K

$94.5K

How much do loan officer processor jobs pay per year?

As of Aug 7, 2026, the average yearly pay for loan officer processor in the United States is $50,903.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,000.00 and $55,000.00 per year, depending on experience, location, and employer.

Is a loan officer processor a difficult job?

A loan officer processor's job involves reviewing and verifying loan applications, which requires attention to detail, organization, and knowledge of lending procedures. The role can be demanding due to tight deadlines and the need for accuracy, but it is generally manageable with proper training and experience.

What is the difference between Loan Officer Processor vs Loan Underwriter?

AspectLoan Officer ProcessorLoan Underwriter
CredentialsTypically requires loan processing experience, knowledge of mortgage documentsRequires underwriting certifications, mortgage industry knowledge
Work EnvironmentOffice-based, supporting loan officers, handling documentationOffice or remote, assessing loan risk and compliance
Industry UsageCommonly employed in mortgage lending companiesUsed in banks, mortgage lenders, and financial institutions
Search/Comparison IntentOften compared for understanding loan processing rolesCompared for risk assessment and approval process

The main difference is that a Loan Officer Processor handles the documentation and processing of loan applications, while a Loan Underwriter evaluates the risk and approves or denies loans based on financial data. Both roles are essential in the mortgage lending process but focus on different stages of loan approval.

What are the key skills and qualifications needed to thrive as a loan officer processor, and why are they important?

To thrive as a Loan Officer Processor, you need a solid understanding of loan products, financial documentation, and regulatory compliance, often supported by a background in finance or related certifications. Familiarity with loan origination systems (LOS), credit analysis software, and customer relationship management (CRM) tools is typically required. Attention to detail, organizational skills, and effective communication distinguish top performers in this role. These skills are crucial to ensure efficient loan processing, minimize errors, and deliver a smooth experience for both clients and lending institutions.

How do loan officer processors get paid?

Loan officer processors typically earn a salary, hourly wage, or a combination of both. Some may also receive bonuses or commissions based on the volume of loans processed or efficiency metrics. Compensation can vary depending on the employer, location, and experience level.

What is a loan officer processor?

Loan Officer Processors are professionals who assist loan officers by managing and organizing the paperwork and documentation required for loan applications. They act as a bridge between the borrower, lender, and underwriter, ensuring that all necessary information is collected and verified. Their responsibilities include reviewing financial documents, maintaining communication with clients, and making sure that loan files comply with regulatory standards. A Loan Officer Processor plays a critical role in ensuring loans move efficiently through the approval process.

What are some common challenges loan officer processors face when managing multiple loan applications simultaneously?

Loan Officer Processors often handle several loan files at once, which can make time management and organization challenging. Staying on top of documentation requirements, meeting tight deadlines, and ensuring compliance with lending regulations are frequent hurdles. Effective communication with borrowers, underwriters, and other team members is essential to avoid delays and ensure all necessary information is collected accurately. Utilizing loan processing software and maintaining detailed checklists can help streamline tasks and reduce the risk of errors.
More about Loan Officer Processor jobs
What cities are hiring for Loan Officer Processor jobs? Cities with the most Loan Officer Processor job openings:
What states have the most Loan Officer Processor jobs? States with the most job openings for Loan Officer Processor jobs include:
What job categories do people searching Loan Officer Processor jobs look for? The top searched job categories for Loan Officer Processor jobs are:
Loan Officer Processor jobs near you
Infographic showing various Loan Officer Processor job openings in the United States as of August 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 98% Physical, and 2% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.

Mortgage Loan Processor

GoRascal

Brooklyn, NY • On-site

$50K - $70K/yr

Other

Re-posted 22 days ago

Job description

Loan Partner 3 (LP3) – Mortgage Loan Processor Full-Time | Broker Model Experience Required We’re looking for an experienced Loan Partner 3 (LP3) / Loan Processor to join our top-producing mortgage team operating in the broker model. This role is ideal for a seasoned processor who takes ownership of the file, communicates confidently with all parties, and ensures loans move cleanly from Loan Setup through Funding. This is not a paper-pushing role. Our LP3 is a true partner to the Loan Officer, borrowers, Realtors, attorneys, and underwriters. About the Role: As an LP3, you will manage the loan file from loan setup through funding and post-closing, ensuring accuracy, compliance, and a smooth client experience. You must be detail-oriented, proactive, and comfortable communicating verbally with all parties involved in the transaction. This position does not require licensing. Our top Wholesale lenders are: UWM, NewRez, Plaza, NQM Funding, Kind, The Loan Store, etc. It is imperative that our new candidate has experience with these lenders, and especially UWM and New Rez. Responsibilities: • Make sure closing dates and company deadlines are met by following up on loan documentation in a timely manner • Order the following property and loan documentation as necessary for each file: verification of employment, evidence of insurance, payoffs, tax transcripts, credit supplements, condo questionnaires, subordination requests, and title work to ensure a smooth loan process • Help further loan approval by serving as a liaison between applicants, real estate agents, loan officers, and mortgage lending underwriters • Handle all borrower communication from the point of contract to closing the loan • Update loan documentation in our system on a regular basis to ensure we have detailed records of the entire loan process • Provide comprehensive loan packages for the mortgage underwriters so they can give their approval or denial. Work with underwriters and borrowers to resolve outstanding issues that arise • Handle the loan pipeline and ensure an efficient and compliant flow throughout the loan process Qualifications: • Superb communication, interpersonal, and customer service skills • Strong knowledge of mortgage loan products (FHA/VA/CONV/USDA) and knowledge of mortgage documentation, procedures, and processes • Minimum 2 years mortgage processing experience, 5+ preferred • Experience as a Loan Partner, Loan Officer, Processor, LOA,and/or Underwriter • Capable of accurately analyzing credit reports, income, and asset documents, and the various ways to assemble a loan Compensation: $50,000 - $70,000 yearly

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Compensation:
$50,000-$70,000 per year

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