ZipRecruiter

Log In

1

Loan Officer Processor Jobs (NOW HIRING)

Beacon Credit Union

Loan Officer

Madison Heights, VA · On-site

In addition, the Personal Banker/Loan Officer processes and closes consumer loan applications approved by the Centralized Lending Department, ensuring all required documentation is gathered. They ...

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 ...

LENDIFY HOME LOANS LLC

Loan Officer

Troy, MI · On-site

$100K - $300K/yr

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 ...

LENDIFY HOME LOANS LLC

Loan Officer

Troy, MI · On-site

$100K - $300K/yr

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 ...

Minnesota Lakes Bank

Be Seen First

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 ...

next page

Showing results 1-20

All JobsLoan Officer Processor Jobs

Loan Officer Processor information

See salary details

$28.5K

$50.9K

$94.5K

How much do loan officer processor jobs pay per year?

As of Jul 16, 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, 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 $50,903 per year, or $24.5 per hour.
Mortgage Loan Officer Assistant

Mortgage Loan Officer Assistant

Gershman Mortgage

Lincoln, NE • On-site

$40K - $52K/yr

Full-time

Re-posted 11 days ago

Job description

Mortgage Loan Officer Assistant
Location: In person at our Lincoln, NE office | Monday through Friday 8:30 AM to 5:00 PM
About Gershman Mortgage
Communities, families, and homes are at the heart of what we do at Gershman Mortgage. We are a family-owned business, and our founding principles, over 70 years ago, are based on the core values of honesty, integrity, the entrepreneurial spirit, and putting our customers first. We are passionate and committed to customer service and strive to ensure that we exceed the expectations of our customers. We are a customer-centric company devoted to creating and maintaining long-lasting relationships.
About the Position
As a critical team member, you'll be a supporting force for our Loan Officers. You'll get to be a part of everything from initial communications, preparing essential updates and information to borrowers, coordinating milestone tasks, and more. Your dedication and support will contribute to an exceptional experience for borrowers.
Essential Functions:
  • Loan File Life Cycle: You will complete various initial support tasks on the front-end processing side with routine precision. While you work in tandem with the loan processor, you will be responsible for logging the progression of the loan file to all appropriate team members and providing critical updates and necessary communication touchpoints.
  • Expert Communication: You will serve as an ongoing point of contact for borrowers, helping them collect information and complete any necessary documents throughout the loan process. Your expertise in collaborating seamlessly with the loan officer by executing a standard process customized for each borrower is a key function of the role. You will also regularly update the loan officer, processor, and operational colleagues at predesignated intervals.
  • CRM Support: You may assist the Loan Officer by streamlining interactions with borrowers and prospects, automating tasks, tracking leads, creating templated communications, and ultimately supporting the growth of their origination business.
  • LOS Technology: You will monitor and accurately organize loan pipeline information, follow all Encompass Loan Origination system compliance regulations, maintain confidentiality measures, and follow all SOPs correctly.
  • A Culture of Excellence: You embrace a dynamic, collaborative environment where passion, creativity, and teamwork fuel your success.
Experience Desired:
  • 2+ years of loan officer support or residential title experience.
  • A proactive communicator, continually expanding creative ways to support others.
  • A lifelong learner, constantly honing your skills and staying ahead of the curve.
  • Strong organization skills and attention to detail.
  • You believe in the power of homeownership to transform lives.
Join an organization where your talent can shine!
Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines.
Physical Demands
An employee must meet the physical demands described here to perform the essential functions of this job successfully. No or minimal physical effort is required. No or minimal exposure to physical risk. Work is generally performed in a typical office work environment.
EEO Statement
Gershman Mortgage is an Equal Opportunity employer.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time, with or without notice.

Apply