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Loan Processing Manager Jobs (NOW HIRING)

loanDepot

Loan Processor III (Louisiana)

$22.12 - $36.06/hr

Consult with Loan Processing Manager weekly on loan status and prioritizes workflow accordingly * Maintains current knowledge of guidelines and loan programs * Requests, organizes, and processes loan ...

Yrefy LLC

Loan Processing Specialist

Phoenix, AZ · On-site

$40K - $55K/yr

We're looking for a dynamic and driven Academic Partnership Manager to expand our footprint in the higher education sector. Position Overview The Loan Processing Specialist serves as a critical ...

Boats Group

Loan Processing Agent

Miami, FL · Hybrid

$18 - $24/hr

Loan Processing Agent Miami, FL (On-site) The Loan Processing Agent is responsible for ensuring the ... Experience using Salesforce or other CRM tools is a plus. * Detail-oriented with solid ...

Yrefy LLC

Loan Processing Specialist

Phoenix, AZ

$40K - $55K/yr

We're looking for a dynamic and driven Academic Partnership Manager to expand our footprint in the higher education sector. Position Overview The Loan Processing Specialist serves as a critical ...

Stellantis

Loan Processor Manager

Addison, TX

$18.25 - $24.25/hr

Provide leadership, support, and development to Loan Processing teams. * Ensure the achievement of ... Manage regional production, quality, and service levels to meet performance targets. * Evaluate ...

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Loan Processing Manager information

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$38K

$56.1K

$81.5K

How much do loan processing manager jobs pay per year?

As of Jun 21, 2026, the average yearly pay for loan processing manager in the United States is $56,095.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,000.00 and $60,000.00 per year, depending on experience, location, and employer.

How does a Loan Processing Manager typically collaborate with underwriters and loan officers during the loan approval process?

A Loan Processing Manager plays a pivotal role in ensuring smooth communication between loan officers, underwriters, and other team members. They oversee the gathering and verification of borrower information, clarify documentation requirements, and resolve any discrepancies promptly. Regular meetings and status updates with underwriters help address potential issues early, while collaboration with loan officers ensures applicants receive timely feedback. This teamwork is essential for maintaining workflow efficiency and delivering a positive customer experience.

What are the key skills and qualifications needed to thrive as a Loan Processing Manager, and why are they important?

To thrive as a Loan Processing Manager, you need a deep understanding of loan products, underwriting guidelines, compliance regulations, and prior experience in loan processing or financial services. Familiarity with loan origination systems (LOS), document management platforms, and regulatory compliance software is typically required. Exceptional leadership, organizational skills, and effective communication are crucial for managing teams and collaborating with lenders, clients, and other departments. These skills and qualities ensure efficient loan processing, adherence to regulatory standards, and high levels of customer satisfaction.

What is the role of a loan processing manager?

A loan processing manager oversees the review and approval of loan applications, ensuring all documentation is complete and complies with lending policies. They coordinate between loan officers, underwriters, and applicants, often using loan origination software, to facilitate efficient processing and timely decision-making.

Is MLO a stressful job?

A Loan Processing Manager role can be stressful due to tight deadlines, high volumes of applications, and the need for accuracy in financial documentation. Managing multiple tasks and ensuring compliance with lending regulations often contribute to job pressure, but experience and organizational skills can help mitigate stress.

How much does a loan officer make on a $500,000 loan?

A loan processing manager typically does not earn a commission based on loan amounts; instead, loan officers may earn a commission or fee that can range from 0.5% to 1% of the loan amount. For a $500,000 loan, this could translate to $2,500 to $5,000 in commissions or fees, depending on the lender and compensation structure. The actual earnings vary based on the employer, location, and individual performance.

What does a Loan Processing Manager do?

A Loan Processing Manager oversees the loan processing department, ensuring that all loan applications are processed efficiently, accurately, and in compliance with regulations. They supervise loan processors, review loan files, coordinate with underwriters, and communicate with applicants and other stakeholders. Their role is crucial in streamlining operations, minimizing errors, and ensuring timely loan approvals while maintaining high customer service standards.

How much does a mortgage broker make on a $500,000 loan?

A mortgage broker typically earns a commission based on the loan amount, often around 0.5% to 1%, which would be approximately $2,500 to $5,000 on a $500,000 loan. This commission is usually paid by the lender and can vary depending on the broker's agreement and the loan specifics.
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Loan Processing Manager jobs near you
Loan Processing Specialist

Loan Processing Specialist

The Citizens Bank

Hot Springs, AR • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago

Be an early applicant

Job description

Join The Citizens Bank as a Full-Time Loan Processing Specialist and immerse yourself in an engaging work environment focused on excellence and customer-centricity. This position could be located at our Headquarters location in Batesville, AR or at our Malvern Avenue branch in Hot Springs. This onsite position allows you to collaborate closely with your colleagues, fostering a strong team atmosphere dedicated to helping customers achieve their financial goals. You will play a crucial role in streamlining the loan process, ensuring customers receive the highest level of service. In this dynamic role, you will enhance your skills while working with cutting-edge technology and financial products.

As a team member, you'll be able to enjoy benefits such as Medical, Dental, Vision, 401(k), Life Insurance, Health Savings Account, Flexible Spending Account, and Paid Time Off. Embrace the opportunity to grow professionally in a respected financial institution that prioritizes customer satisfaction.

Who are we? An Introduction

Citizens Bank was founded in 1953 by a group of business and civic leaders. Citizens Bank is a financial services organization that is committed to serving the needs of the communities it serves. Its progressive community banking model focuses on the delivery of exceptional customer service while employing advanced technology and products which allow its customers to have one bank to serve all their needs. The Bank takes pride in a heritage of independence that honors the vision of its founders and remains dedicated to the financial progress of the people it serves. With a mission statement of People First, we always strive to deliver an amazing customer experience and provide the best products and services possible by every member of the Citizens Bank team.

What it's like to be a Loan Processing Specialist at Citizens Bank

As a Loan Processing Specialist at The Citizens Bank, you will be entrusted with the accurate creation of loan documents while identifying any documentation exceptions. This critical role demands a high level of service, ensuring that loans are processed in accordance with company procedures and regulatory requirements. We seek candidates who embody a "People First" attitude, treating everyone with respect and integrity.

Your commitment to exceptional quality of work and attention to detail will contribute significantly to our mission. Join us in delivering a seamless, customer-focused experience while upholding the highest standards of excellence in the banking industry.

Requirements for this Loan Processing Specialist job

To succeed as a Loan Processing Specialist at The Citizens Bank, you must possess strong communication skills to effectively interact with our lending and operations teams. Attention to detail is essential, as you will be responsible for the accurate creation of loan documents and identifying any exceptions in the documentation. A self-starter attitude with excellent time management skills will allow you to thrive in a fast-paced environment, ensuring that loans are processed efficiently and accurately. Being computer savvy is crucial, as you will utilize various software tools throughout the loan processing lifecycle. Previous banking experience is a plus, as it will enhance your understanding of industry standards and regulations, positioning you for success in this role.

Knowledge and skills required for the position are:

  • Strong communication skills
  • Attention to detail
  • Self-starter with great time management skills
  • Computer savvy
  • Previous banking experience is a plus
Make your move

So, what do you think? If you feel this is the right job for you, go ahead and apply! We look forward to meeting you!