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

Mortgage Loan Officer

Chicago, IL · On-site

$32 - $39/hr

Oversee loan process by monitoring loan status and ensuring conformity with terms. * Assist in collecting additional documents and communicating loan status to all parties. * Provide functional ...

Showing results 41-60

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 Sep 8, 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.

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 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.

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.

How much do entry level loan officer processors make?

Entry-level loan officer processors typically earn between $30,000 and $45,000 annually, depending on location and employer. Starting salaries may increase with experience, certifications, and proficiency with loan processing software and regulations.

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 difficulty level depends on workload, complexity of cases, and familiarity with loan software and regulations, but it generally involves routine administrative tasks and communication with clients and lenders.

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 job categories do people searching Loan Officer Processor jobs in Addison, IL look for?

The top searched job categories for Loan Officer Processor jobs in Addison, IL 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:

Infographic showing various Loan Officer Processor job openings in Addison, IL as of August 2026, with employment types broken down into 92% Full Time, and 8% Part Time. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $50,998 per year, or $24.5 per hour.

$49K - $82K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 18 days ago


PNC Bank rating

7.7

Company rating: 7.7 out of 10

Based on 348 frontline employees who took The Breakroom Quiz

94th of 176 rated banks


Job description

Position Overview
At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a Loan Officer within PNC's Mortgage organization, you will be based in Chicago, IL.
PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.
PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.
Job Description
  • Recommends loan solutions in accordance with lending guidelines and clients' requirements.
  • Manages a portfolio of customer relationships. Seeks prospective opportunities to retain and/or develop new clients. Responsible for sales calls.
  • Develops and prepares loan solutions and refers products and services; reviews documentation to ensure compliance. Manages customer pipeline for efficiency.
  • Collaborates with internal and external stakeholders to complete mortgage transactions.
  • Collects and analyzes customer financial information for multifaceted and/or complex borrowers.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:
  • Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
  • Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Qualifications
Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.
Preferred Skills
Banking Products, Client Prospecting, Customer Relationships, Customer Solutions, Documentations, Innovation, Mortgages, Sales
Competencies
Customer Experience Management., Effective Communications, Financial Analysis, Loan Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling.
Work Experience
Roles at this level typically require a university / college degree with < 1 year of professional experience and/or successful completion of a formal development program. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Education
No Degree
Certifications
No Required Certification(s)
Licenses
No Required License(s)
Pay Transparency
Base Salary: $49,500.00 - $82,500.00
Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.
Application Window
Generally, this opening is expected to be posted for two business days from 07/03/2026, although it may be longer with business discretion.
Benefits
PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.
In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.
To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.
Disability Accommodations Statement
If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include "accommodation request" in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.
Equal Employment Opportunity (EEO)
PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.
California Residents
Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.

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