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Loan Processor Jobs (NOW HIRING)

M2 Lending Solutions

Loan Processor

Denver, CO · On-site

$55K - $70K/yr

About the Loan Processor position M2 Lending Solutions is looking for an experienced, organized, and detailed-oriented Loan Processor with proven expertise to join our team! You will perform all loan ...

RIGHT START MORTGAGE INC

Loan Processor

San Antonio, TX · On-site

$16.75 - $22.50/hr

We are seeking a detail-oriented and experienced Loan Processor to join our mortgage operations team. The successful candidate will be responsible for managing and coordinating the loan application ...

M2 Lending Solutions

Loan Processor

Denver, CO · On-site

About the Loan Processor position M2 Lending Solutions is looking for an experienced, organized, and detailed-oriented Loan Processor with proven expertise to join our team! You will perform all loan ...

RIGHT START MORTGAGE INC

Loan Processor

San Antonio, TX · On-site

$16.75 - $22.50/hr

We are seeking a detail-oriented and experienced Loan Processor to join our mortgage operations team. The successful candidate will be responsible for managing and coordinating the loan application ...

Jamison Door Company

Loan Processor

Sea Girt, NJ · On-site

$55K - $65K/yr

Loan Processor We are seeking a detail-oriented and experienced Loan Processor to join our dynamic team in the financial services industry. The ideal candidate will play a crucial role in the loan ...

M2 Lending

Loan Processor

Denver, CO

$19.25 - $25.75/hr

About the Loan Processor position M2 Lending Solutions is looking for an experienced, organized, and detailed-oriented Loan Processor with proven expertise to join our team! You will perform all loan ...

Peregrine Team

Loan Processor

Los Angeles, CA

$55K - $70K/yr

Loan Processor We are seeking a Loan Processor to manage loan applications and ensure all documentation is accurate and complete throughout the lending lifecycle. This role is essential in ...

Blue Sky Bank

Loan Processor

Tulsa, OK · On-site

$17 - $22.75/hr

Description A Loan Processor assists the Loan Operation Processing Team with processing commercial and consumer loans ensuring compliance with Blue Sky Bank's loan policy and all regulatory ...

RIGHT START MORTGAGE INC

Loan Processor

Rockwall, TX · On-site

$17.50 - $23.25/hr

We are seeking a detail-oriented and experienced Loan Processor to join our mortgage operations team. The successful candidate will be responsible for managing and coordinating the loan application ...

Blue Sky Bank

Loan Processor

Tulsa, OK · On-site

$17 - $22.75/hr

Job Type Full-time Description A Loan Processor assists the Loan Operation Processing Team with processing commercial and consumer loans ensuring compliance with Blue Sky Bank's loan policy and all ...

Blue Sky Bank

Loan Processor

Tulsa, OK

$16.25 - $21.75/hr

Job Type Full-time Description A Loan Processor assists the Loan Operation Processing Team with processing commercial and consumer loans ensuring compliance with Blue Sky Bank's loan policy and all ...

Rize Mortgage

Loan Processor

Plantation, FL · Remote

$19.25 - $25.50/hr

Job Title Loan Processor Reports To Manager Job Overview A mortgage loan processor gathers, prepares, and submits relevant information to evaluate a potential loan applicant's creditworthiness and ...

Rize Mortgage

Loan Processor

Plantation, FL · Remote

$19.25 - $25.50/hr

Job Title Loan Processor Reports To Manager Job Overview A mortgage loan processor gathers, prepares, and submits relevant information to evaluate a potential loan applicant's creditworthiness and ...

TexasBank

Loan Processor

Fort Worth, TX · On-site

$18 - $24/hr

The Loan Processor position is responsible for managing the end-to-end process of real estate loan applications, ensuring completeness, accuracy, and regulatory compliance from submission through to ...

Workway

Loan Processor

Crescent Springs, KY · On-site

$20 - $25/hr

Mortgage Loan Processor Opportunity We are a professional staffing firm, working with organizations across the country to place exceptional candidates. Currently, we have a Mortgage Loan Processor ...

Triad Financial Services Inc

Loan Processor

Bourbonnais, IL · On-site

$18 - $24.25/hr

Loan Processor Job Overview: As a Loan Processor, you will play a vital role in our lending operations, responsible for efficiently processing loan files from application to closing. Having ...

gpac

Loan Processor

Lake Charles, LA · On-site

$17.25 - $23/hr

LOAN PROCESSOR Loan Processor A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote. This role demands ...

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How much do loan processor jobs pay per hour?

As of Jun 7, 2026, the average hourly pay for loan processor in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

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

To thrive as a Loan Processor, you need a solid understanding of loan origination, financial documentation review, and regulatory compliance, often supported by experience in banking or finance. Familiarity with loan processing software like Encompass, Calyx Point, and knowledge of relevant regulations such as RESPA and TILA are typically required. Attention to detail, strong organizational skills, and effective communication make someone stand out in this position. These skills and qualities are crucial to ensure accurate, timely loan approvals and maintain compliance, ultimately supporting customer satisfaction and organizational success.

What are some common challenges faced by Loan Processors, and how can they be managed effectively?

Loan Processors often encounter challenges such as tight deadlines, managing large volumes of documentation, and coordinating with multiple parties like underwriters, loan officers, and clients. Staying organized and maintaining clear communication are key to handling these pressures. Many successful Loan Processors use checklists and digital tools to track document status and follow up regularly with all stakeholders, which helps ensure loans are processed efficiently and accurately.

What Does a Loan Processor Do?

A loan processor reviews loan applications before sending them to the underwriter for approval. As a loan processor, your responsibilities and duties include organizing required documents and verifying the accuracy and completeness of the loan application. You work as the intermediary between the loan officer and the underwriter, so you will not usually have direct contact with the customer. A good loan processor has excellent data and organizational skills, which are needed to succeed in this career.

What are loan processors?

Loan processors are financial professionals who review, verify, and organize loan applications before they are approved by underwriters. They collect necessary documentation from applicants, ensure all information is accurate, and communicate with borrowers and lenders throughout the process. Their primary goal is to make sure the loan file is complete and complies with lending regulations, helping to facilitate a smooth and timely loan approval.

What is the difference between Loan Processor vs Loan Underwriter?

AspectLoan ProcessorLoan Underwriter
Primary RolePrepares and reviews loan documents, gathers borrower informationAssesses loan risk and approves or declines loan applications
Required CredentialsHigh school diploma, some certifications preferredTypically requires mortgage or financial certifications
Work EnvironmentOffice setting, working closely with loan officers and applicantsOffice environment, analyzing financial data and risk
Industry UsageCommon in mortgage and banking sectorsIntegral to mortgage lending and financial institutions

While both roles are essential in the loan process, a Loan Processor focuses on preparing and verifying documents, whereas a Loan Underwriter evaluates the risk and makes approval decisions. Understanding these differences helps in choosing the right career path or job focus within the lending industry.

What does a loan processor do?

A loan processor reviews and verifies loan applications, gathers necessary documentation, and ensures all information complies with lending guidelines. They coordinate with borrowers, underwriters, and lenders to facilitate the approval process and may use loan processing software to manage cases efficiently.

Is it hard to become a loan processor?

Becoming a loan processor typically requires a high school diploma or equivalent, strong organizational skills, and attention to detail. Some employers prefer candidates with experience in banking or finance, and familiarity with loan processing software can be beneficial. The role often involves on-the-job training and may require passing background checks.
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Loan Processor jobs near you

Loan Processor

M2 Lending Solutions

Denver, CO • On-site

$55K - $70K/yr

Full-time

Posted 20 days ago

Job description

About the Loan Processor position

M2 Lending Solutions is looking for an experienced, organized, and detailed-oriented Loan Processor with proven expertise to join our team! You will perform all loan processing pipeline duties between a file hand-off from sales through clear to close from underwriting. This work includes partnering with Loan Officers and Loan Partners, working directly with borrowers to gather necessary documentation and communicate important deadlines, using expertise in current guidelines to provide error-free files to Underwriting, and ensuring internal systems and processes are followed to clearly communicate loan progress. Your work will contribute to building relationships with realtors and borrowers to create the best loan experience possible and ensure the organization's ability to generate revenue.

This is a salary plus bonus opportunity position. The bonus structure is based on SLA's that drive quality, excellent customer service, and overall team performance.

If you enjoy working with passionate, dedicated, team-oriented people who value both their employees and customers, we want to speak with you!

Loan Processor responsibilities are:

  • Drive and manage all SLA deadlines to achieve quality outcomes of loan processing files
  • Ensure established workflows, compliance, and metrics are adhered to, proactively communicating issues and problem-solving suggestions immediately as they arise
  • Manage Conventional, VA, FHA, and Down Payment Assistance loan programs
  • Understand and execute processing needs for various types of loans, such as purchases, refinances, second homes, and investment properties
  • Work with LPA's to order all third-party documents (appraisals, WVOE's, etc.), complete income calculation worksheets
  • Communicate clearly with customers to collect and analyze necessary documentation to complete the loan process
  • Work cooperatively with the borrower on conditions, keeping all internal parties up-to-date through systems, notes, and other established processes
  • Submit complete and accurate files to underwriting
  • Utilize best practices, internal processes, and technology for maximum efficiency and throughput

Loan Processor requirements are:

  • Hybrid option after initial 90 days in-person at Denver office, 70% in-person at Denver office, 30% remote
  • 2+ years' experience as a Loan Processor or Junior Underwriter
  • 2+ years' experience working directly with borrowers to gather documentation and resolve loan conditions
  • Outstanding organizational and time management skills
  • Working knowledge of lending processes, loan principles, and loan systems
  • Excellent written and verbal communication skills
  • Critical thinker, problem solver, and growth mindset
  • Good knowledge of MS Office applications Word, Excel, Outlook, Teams
  • Working experience with Encompass is required
  • High School diploma or equivalent