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Loan Officer Processor Jobs in Addison, IL (NOW HIRING)

Obsidian Financial Services

Be Seen First

Licensed Mortgage Loan Officer

Schaumburg, IL · Remote

$70K - $300K/yr

  • PTO

Our Loan Officers Benefit from Our Unique Programs such as our FHA VOE and Earned Equity Programs ... Submit complete and accurate loan files to processing * Attend weekly loan and product training ...

Mutual of Omaha Mortgage

Retail Mortgage Loan Officer

Addison, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

... processing of loan applications, providing loan disclosures, and reviewing files for completeness ... Current or previous loan officer experience. * Product knowledge and understanding of the Mortgage ...

Mutual of Omaha Mortgage

Retail Mortgage Loan Officer

Addison, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

... processing of loan applications, providing loan disclosures, and reviewing files for completeness ... Current or previous loan officer experience. * Product knowledge and understanding of the Mortgage ...

NVR, Inc.

Mortgage Loan Officer

Chicago, IL · On-site

$33.65 - $43.27/hr

As a Loan Officer for NVR Mortgage, you will work directly with our homebuying customers from Ryan ... You will assume full responsibility to guide new home purchasers through the loan process from loan ...

Alliant

Retail Mortgage Loan Officer

Chicago, IL · On-site

$30K - $43K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Sets proper borrower expectations and works with member and processing to facilitate a smooth and ... Minimum - 5 Years Retail loan officer or related In Lieu of Education * 6 Years Retail loan officer ...

Alliant

Retail Mortgage Loan Officer

Chicago, IL · On-site

$30K - $43K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Sets proper borrower expectations and works with member and processing to facilitate a smooth and ... Minimum - 5 Years Retail loan officer or related In Lieu of Education * 6 Years Retail loan officer ...

The Symicor Group

Mortgage Loan Processor

Chicago, IL · On-site

$70K/yr

Work closely with loan officers, underwriters, escrow/title companies, and closing agents. * Review ... Mortgage processing certification (preferred but not required) * Experience with Fannie Mae ...

PNC Bank

Mortgage Loan Officer

Wheaton, IL · On-site

$37K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in the West ... required to participate in the application process, please contact us via email at ...

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Showing results 21-40

All JobsLoan Officer Processor JobsLoan Officer Processor Jobs in Addison, IL

Loan Officer Processor information

See Addison, IL salary details

$28.6K

$51K

$94.7K

How much do loan officer processor jobs pay per year?

As of Aug 15, 2026, the average yearly pay for loan officer processor in Addison, IL is $50,998.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,100.00 and $55,100.00 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.

What are popular job titles related to Loan Officer Processor jobs in Addison, IL?

For Loan Officer Processor jobs in Addison, IL, the most frequently searched job titles are:

What cities near Addison, IL are hiring for Loan Officer Processor jobs?

Cities near Addison, IL with the most Loan Officer Processor job openings:

Loan Officer Processor jobs near you
Infographic showing various Loan Officer Processor job openings in Addison, IL as of August 2026, with employment types broken down into 91% Full Time, 8% Part Time, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $50,998 per year, or $24.5 per hour.

Licensed Mortgage Loan Officer

Obsidian Financial Services

Schaumburg, IL • Remote

$70K - $300K/yr

Full-time

PTO

Re-posted 7 days ago

Be Seen First

After you apply to this job, you can share why you’re interested to jump to the top of the candidate list.

Job description

We are actively hiring Experienced Mortgage Loan Officers who are self-motivated, results-driven, and ready to grow their production. Our Loan Officers Benefit from Our Unique Programs such as our FHA VOE and Earned Equity Programs that supercharge your pipeline and our unique payment model allow you to close fast and make more!

Speak with one of our experienced AE's to see our pricing!

This is a 100% commission-based role ideal for Loan Officers who:

  • Have an existing book of business
  • Want higher payouts and faster closings
  • Prefer a flexible, work-from-home environment

Bilingual candidates (Spanish preferred) are strongly encouraged to apply to better serve diverse borrower communities.

Responsibilities

  • Originate and close residential mortgage loans (purchase, refinance, and specialty products)
  • Utilize your existing referral network and book of business to generate consistent loan volume
  • Analyze borrower financials, including income calculation, credit review, and documentation
  • Structure loans across multiple programs including:
    • Conventional
    • FHA / VA / USDA
    • Non-QM
    • Down Payment Assistance (DPA) programs
  • Maintain consistent communication with clients, agents, and internal teams
  • Submit complete and accurate loan files to processing
  • Attend weekly loan and product training sessions
  • Stay up to date with mortgage guidelines, compliance, and market trends
  • Deliver exceptional customer service from application through closing

Minimum Qualifications

  • Active NMLS License (Required)
  • Active State Mortgage License(s) (in applicable states)
  • Minimum 2+ years of experience as a Mortgage Loan Originator / Loan Officer
  • Proven book of business or referral network
  • Strong knowledge of:
    • Income calculation (W-2, self-employed, tax returns)
    • Loan structuring and underwriting basics
    • Credit analysis
  • Strong sales, communication, and relationship-building skills
  • Ability to work independently in a remote environment

Preferred Qualifications

  • Bilingual (Spanish preferred; other languages a plus)
  • Experience with Non-QM loan products
  • Established relationships with real estate agents, builders, or financial professionals
  • Experience using LOS, CRM systems, and digital marketing tools
  • Strong pipeline management and closing ability

Licensing & Certifications

  • NMLS Unique Identifier (Required)
  • State Mortgage Loan Originator Licenses (Required)
  • Compliance with SAFE Act requirements
  • Ongoing NMLS Continuing Education (CE) compliance
  • Familiarity with agency guidelines such as Fannie Mae and Ginnie Mae

Compensation

  • 100% Commission-Based – Uncapped Earnings
  • Unique Front and Back Compensation Plan.
  • Competitive payout structure designed for high producers
  • No cap on income—earn based on your production and performance

What We Offer

  • Wide range of loan programs + DPA options
  • Fannie Mae / Ginnie Mae approved lender with no overlays
  • Ability to broker Non-QM loans Dedicated in-house Processing & Underwriting
  • Advanced LOS system, CRM, and marketing software
  • Scenario Desk for deal structuring support
  • Mentorship from experienced Regional Managers
  • Weekly training to keep you competitive
  • Fully remote work environment with flexible schedule

Why Loan Officers Choose Obsidian

  • Faster closings with fewer conditions
  • Strong backend support so you can focus on production
  • Flexibility to run your business your way
  • Access to more loan solutions = higher approval rates

Company Description

At Obsidian Mortgage, we are redefining the mortgage experience through professionalism, speed, and innovation. As a fully delegated lender licensed in 36 states, we empower our Loan Officers with the tools, support, and flexibility needed to succeed in today’s competitive market.

We provide a remote-first environment, cutting-edge technology, and a strong internal support system so you can focus on what matters most—closing deals and building relationships.