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Loan Officer Processor Jobs (NOW HIRING)

Right Mortgage

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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

New

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 ...

Minnesota Lakes Bank

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Loan Processor

Delano, MN · On-site

$23 - $35/hr

Answer questions from loan officers and customers pertaining to loans in process, potential loan requests, and general information * Completes and prints appropriate disclosures for all loan ...

EXPERT MORTGAGE LENDING LLC

Loan Officer

Troy, MI · On-site

$100K - $1M/yr

As a Loan Officer, you'll work closely with clients to guide them through the mortgage process, offering expert advice and personalized solutions. You'll have access to modern tools, a wide range of ...

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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 Jul 29, 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.

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

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary and bonuses, depending on the employer and location. Skills in underwriting and customer service are important for success in this role.

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 much do processors get paid?

Loan officer processors typically earn between $35,000 and $55,000 annually, depending on experience, location, and the employer. Some may also receive bonuses or commissions based on loan volume, and strong organizational and communication skills are important for success in this role.

Will MLO be replaced by AI?

A Loan Officer Processor (LOP) role involves reviewing and verifying loan documents, a task that requires judgment and understanding of complex financial information. While AI can assist with data entry and document analysis, it is unlikely to fully replace Loan Officer Processors due to the need for human oversight, communication, and decision-making in the loan process.

What are Loan Officer Processors?

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 does a loan processing officer do?

A loan processing officer reviews and verifies loan applications, ensuring all required documentation is complete and accurate. They coordinate with underwriters and lenders to facilitate the approval process and may use loan processing software to track application status. Attention to detail and knowledge of lending regulations are essential for this role.

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 July 2026, with employment types broken down into 1% As Needed, 88% Full Time, 7% Part Time, and 4% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.
Mortgage Loan Officer & Processor

Mortgage Loan Officer & Processor

1st Liberty Federal Credit Union

Great Falls, MT • On-site

$35K - $48K/yr

Full-time

Posted 15 days ago

Job description

1st Liberty Federal Credit Union in Great Falls, MT, is seeking a dedicated Mortgage Processor - Loan Officer. This full-time position involves assisting members with their financial lending needs, processing loan applications, and providing essential account information. The ideal candidate will thrive in a challenging work environment, focused on personal and professional growth, while delivering exceptional service to our valued members. Join us at the strongest Credit Union in the area and contribute to our commitment to community service. #J-18808-Ljbffr

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