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

The Home Loan Officer serves as a key point of contact for prospective borrowers, guiding them through the mortgage application process. This role involves conducting comprehensive interviews with ...

Position Summary The Loan Officer Assistant plays an important role in the organization by ... Prepare and submit loan applications to processing, helping to resolve any subsequent file issues ...

Loan Officer Assistant

Frankfort, IL · On-site

$17.47 - $29.12/hr

Position Summary The Loan Officer Assistant plays an important role in the organization by ... Prepare and submit loan applications to processing, helping to resolve any subsequent file issues ...

Work with borrower and processing unit throughout the loan process to ensure member satisfaction ... Minimum - 3 Years Consumer direct loan officer or related In Lieu of Education * 5 Years Consumer ...

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 ...

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Loan Officer Processor information

See Bridgeview, IL salary details

$29.1K

$52K

$96.5K

How much do loan officer processor jobs pay per year?

As of Sep 2, 2026, the average yearly pay for loan officer processor in Bridgeview, IL is $51,981.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,800.00 and $56,200.00 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 Bridgeview, IL?

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

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

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

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

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

Infographic showing various Loan Officer Processor job openings in Bridgeview, IL as of August 2026, with employment types broken down into 96% Full Time, and 4% Part Time. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $51,981 per year, or $25 per hour.

Loan Officer Assistant

Key Mortgage Services

Schaumburg, IL • On-site

$45K - $65K/yr

Full-time

Medical, Dental, Retirement, PTO

Re-posted 13 days ago


Job description

The Loan Officer Assistant (LOA) provides comprehensive support to one or more Loan Originators throughout the loan file production and submission process. This role is focused on delivering an exceptional experience to borrowers and referral partners while ensuring loan files are accurate, complete, and compliant with Key Express submission requirements. By managing day-to-day file support, the LOA enables Loan Originators to dedicate more time to business development and relationship building.
Essential Duties
  • Submit concise loan applications for the Loan Officer by auditing, reviewing and validating data entry to match supporting documentation
  • Communicate with and support Loan Processors to obtain conditions
  • Assist clients and guide them through the mortgage pre-approval process
  • Reviewing supporting documents and information to determine what is needed
  • Track outstanding items on all loan files and follow up with borrowers for additional information & documents using point of sale system, Glyde, to ensure timely receipt of necessary documentation.
  • Running AUS and notifying LO that the file is ready for review and Pre Approval
  • Understand income sources and accurately calculate borrower qualifying income
  • Analyze credit reports to understand liabilities and identify potential issues
  • Calculate housing and expenses ratios
  • Utilizing AUS tools (DU / LP) findings to obtain eligible / accept recommendations
  • Other duties may be assigned to provide coverage or additional administrative assistance

Licensed Duties
  • Has the ability to assist in discussing rate and terms with clients
  • Able to originate loans either for themselves or on behalf of the loan officer they support provided it does not impede the required support functions
  • Have knowledge of and ability to interpret mortgage program guidelines utilizing the available tools and software

Requirements
  • Minimum of 3 years loan processing or origination experience including conventional and government loan programs
  • Proficient in working with LOS system Encompass
  • Understanding of agency automated underwriting systems DU and LPA
  • Experience in communicating verbally with borrowers and referral partners
  • Has the ability to multi-task in a very fast paced environment
  • Excellent written and verbal communication skills
  • Must be organized, consistent and detail oriented

Benefits
  • Medical
  • Dental
  • 401k with match
  • Paid Time Off
  • Volunteer Time Off

Salary
  • $45,000 - $65,000 + per file incentive