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Loan Processing Assistant Jobs in Center Line, MI

Client Care Specialist

Troy, MI · On-site

$16.25 - $21.50/hr

Organize and maintain loan files, ensuring all documentation is complete and accurate. Assist in the preparation and processing of loan applications. * Data Entry: Accurately input and update client ...

Client Care Specialist

Troy, MI · On-site

$16.25 - $21.50/hr

Organize and maintain loan files, ensuring all documentation is complete and accurate. Assist in the preparation and processing of loan applications. * Data Entry: Accurately input and update client ...

Showing results 41-60

Loan Processing Assistant information

See Center Line, MI salary details

$12

$18

$27

How much do loan processing assistant jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for loan processing assistant in Center Line, MI is $18.14, according to ZipRecruiter salary data. Most workers in this role earn between $15.82 and $19.18 per hour, depending on experience, location, and employer.

What qualifications do I need to be a loan processing assistant?

A loan processing assistant typically needs a high school diploma or equivalent, strong organizational and communication skills, and familiarity with loan processing software or office tools. Some employers may prefer prior experience in banking or finance and may require knowledge of loan documentation and basic financial principles.

What does a loan processing assistant do?

A Loan Processing Assistant supports loan officers and processors by handling administrative tasks throughout the loan application process. Their responsibilities typically include collecting and verifying borrower documents, entering data into loan management systems, and communicating with clients to ensure all required paperwork is complete. They help maintain accurate records, coordinate with various departments, and ensure that loan files meet compliance standards. Their work is essential for streamlining the loan approval process and enhancing customer experience.

What is the difference between Loan Processing Assistant vs Loan Underwriter?

AspectLoan Processing AssistantLoan Underwriter
CredentialsHigh school diploma or equivalent; some roles may prefer associate's degreeBachelor's degree in finance, economics, or related field; certifications like CU or Fannie Mae
Work EnvironmentOffice setting, supporting loan processing teamsOffice environment, analyzing loan applications for approval
Employer & Industry UsageMortgage lenders, banks, credit unionsMortgage lenders, banks, financial institutions
Common Search & ComparisonOften compared for entry-level roles in loan processingCompared for roles involving loan approval decisions

The main difference is that a Loan Processing Assistant supports the loan processing workflow by gathering documents and preparing files, while a Loan Underwriter evaluates the risk and makes approval decisions on loan applications. Both roles are essential in the mortgage industry but focus on different stages of the loan process.

What are the key skills and qualifications needed to thrive as a loan processing assistant?

To thrive as a Loan Processing Assistant, you need attention to detail, basic knowledge of loan documentation, and a high school diploma or equivalent. Familiarity with loan origination software, document management systems, and sometimes basic Excel skills is typically required. Strong organizational skills, clear communication, and the ability to multitask help you stand out in this position. These skills are crucial for ensuring accurate and efficient loan processing, minimizing errors, and providing a seamless customer experience.

What are some common challenges a loan processing assistant might face, and how can they be addressed?

Loan Processing Assistants often encounter challenges such as managing tight deadlines, handling a high volume of applications, and ensuring accuracy in documentation. Staying organized and prioritizing tasks are essential to ensuring that loan files are processed efficiently and without errors. Regular communication with loan officers, underwriters, and clients also helps prevent misunderstandings and delays. Utilizing checklists and digital tools can streamline the workflow and reduce the risk of missing important details.

Is loan processing a hard job?

Loan processing is a detail-oriented role that requires strong organizational skills, attention to accuracy, and familiarity with financial documents and software. The job can be challenging during busy periods or when handling complex applications but generally involves routine tasks and clear procedures.
What are popular job titles related to Loan Processing Assistant jobs in Center Line, MI? For Loan Processing Assistant jobs in Center Line, MI, the most frequently searched job titles are:
What job categories do people searching Loan Processing Assistant jobs in Center Line, MI look for? The top searched job categories for Loan Processing Assistant jobs in Center Line, MI are:
What cities near Center Line, MI are hiring for Loan Processing Assistant jobs? Cities near Center Line, MI with the most Loan Processing Assistant job openings:

$39K - $54K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


United Wholesale Mortgage rating

7.8

Company rating: 7.8 out of 10

Based on 98 frontline employees who took The Breakroom Quiz

96th of 150 rated financial services


Job description

 

The Loss Mitigation Processor plays a critical role in assisting borrowers who are experiencing financial hardship and at risk of defaulting on their mortgage loans. This position supports the Loss Mitigation department by processing documents, coordinating communications, tracking application statuses, and ensuring compliance with investor, regulatory, and internal servicing guidelines.

WHAT WE NEED FROM YOU

Must-Have Qualifications: High school diploma or equivalent required; associate or bachelor's degree preferred. Experience: 1-3 years of experience in mortgage servicing, loss mitigation, or a related customer service/administrative role in financial services. Strong organizational and time-management skills. Excellent written and verbal communication skills. Ability to handle sensitive customer information with discretion. Proficiency in Microsoft Office (Word, Excel, Outlook) and loan servicing software (e.g., MSP, Fiserv, or equivalent). Knowledge of loss mitigation options (loan modification, forbearance, short sale, etc.) preferred.

WHAT YOU WILL BE DOING

Review, track, and process incoming loss mitigation applications and borrower documentation (e.g., income verification, hardship letters, tax returns). Conduct preliminary assessments to ensure loss mitigation application packages are complete and escalate issues as needed. Communicate with borrowers, servicers, and internal departments regarding application status, missing documents, and next steps. Update and maintain loan servicing systems with accurate and timely information. Ensure compliance with federal regulations (e.g., RESPA, CFPB), investor guidelines (e.g., Fannie Mae, Freddie Mac, FHA), and company policies. Assist in preparing and sending notices of receipt, incomplete application letters, and resolution decisions within required timelines. Monitor timelines for critical milestones (e.g., 5-day, 30-day, 120-day) and escalate files approaching deadlines. Work collaboratively with Loss Mitigation Specialists and Underwriters to ensure a smooth borrower experience. Provide administrative support to the Loss Mitigation team, including reporting, data entry, and file maintenance.

THE PLACE & THE PERKS

Ready to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It's all happening on UWM's campus, where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.

It's no wonder that out of our six pillars, People Are Our Greatest Asset is number one. It's at the very heart of how we treat each other, our clients and our community. Whether it's providing elite client service or continuously striving to improve, our pillars provide a pathway to a more successful personal and professional life.

From the team member that holds a door open to the one that helps guide your career, you'll feel the encouragement and support on day one. No matter your race, creed, gender, age, sexual orientation and ethnicity, you'll be welcomed here. Accepted here. And empowered to Be You Here.

More reasons you'll love working here include:

  • Paid Time Off (PTO) after just 30 days
  • Additional parental and maternity leave benefits after 12 months
  • Adoption reimbursement program
  • Paid volunteer hours
  • Paid training and career development
  • Medical, dental, vision and life insurance
  • 401k with employer match
  • Mortgage discount and area business discounts
  • Free membership to our large, state-of-the-art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full-size basketball court
  • Wellness area, including an in-house primary-care physician's office, full-time massage therapist and hair salon
  • Gourmet cafeteria featuring homemade breakfast and lunch
  • Convenience store featuring healthy grab-and-go snacks
  • In-house Starbucks and Dunkin
  • Indoor/outdoor cafe with Wi-Fi
DISCLAIMERAll the above duties and responsibilities are essential job functions subject to reasonable accommodation and change. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. Team members may be required to perform other or different job-related duties as requested by their team lead, subject to reasonable accommodation. This document does not create an employment contract, implied or otherwise. Employment with UWM is "at-will." UWM is an Equal Opportunity Employer. By selecting "Apply for this job online" you provide consent to UWM to record phone call conversations between you and UWM to be used for quality control purposEmployment Type: OTHER

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