ZipRecruiter

Log In

1

Loan Processor Manager Jobs in Michigan (NOW HIRING)

Extreme Loans

Mortgage Loan Processor

Southfield, MI · On-site

$40K - $80K/yr

You will serve as the essential "engine" of the loan process, ensuring files move smoothly from ... Pipeline Management: Act as the central hub for every loan file, coordinating effectively with ...

Baybank

Mortgage Loan Processor

Gladstone, MI · On-site

$16.50/hr

As a Mortgage Loan Processor, you will be responsible for managing the loan application process from initial documentation to closing. This role involves working closely with loan officers ...

University Bank

Consumer Loan Processor

Ann Arbor, MI

$18.50 - $23.25/hr

Description General Job Summary The Consumer Loan Processor is the primary support to the AVP ... Primary functions include pipeline management with a focus on meeting timing requirements for ...

University Bank

Consumer Loan Processor

Ann Arbor, MI · On-site

$18.50 - $23.25/hr

General Job Summary The Consumer Loan Processor is the primary support to the AVP/Consumer Loan ... Primary functions include pipeline management with a focus on meeting timing requirements for ...

Kalsee Credit Union

Consumer Loan Processor

Portage, MI · On-site

$18 - $22.50/hr

The Consumer Loan Specialist coordinates consumer and home equity loan closings, manages collateral ... Communicate with members throughout the closing process, following up to obtain any outstanding ...

Kalsee Credit Union

Consumer Loan Processor

Portage, MI · On-site

$18 - $22.50/hr

The Consumer Loan Specialist coordinates consumer and home equity loan closings, manages collateral ... Communicate with members throughout the closing process, following up to obtain any outstanding ...

Kalsee Credit Union

Consumer Loan Processor

Portage, MI

$17.75 - $22.25/hr

The Consumer Loan Specialist coordinates consumer and home equity loan closings, manages collateral ... Communicate with members throughout the closing process, following up to obtain any outstanding ...

Kalsee Credit Union

Consumer Loan Processor

Portage, MI

$18 - $22.50/hr

Manage Records of Lien (ROLs) and collateral perfection activities for Kalsee auto, recreational ... Process approved home equity loans on behalf of Contact Center lenders. * Coordinate title work ...

USA Mortgage

Licensed Loan Partner

Flint, MI · On-site

$45K/yr

What You'll Do Assist Mortgage Loan Originators (MLO) in the administration and processing of ... Teamwork, customer service, motivation, design, ethics, safety & security, project management ...

EXPERT MORTGAGE LENDING LLC

Mortgage Processor

Troy, MI · On-site

$48K - $75K/yr

As a Mortgage Processor, you will manage loan files from initial submission through final approval, ensuring all documentation is accurate, complete, and in compliance with lender guidelines. You'll ...

EXPERT MORTGAGE LENDING LLC

Mortgage Processor

Troy, MI · On-site

$48K - $75K/yr

As a Mortgage Processor, you will manage loan files from initial submission through final approval, ensuring all documentation is accurate, complete, and in compliance with lender guidelines. You'll ...

next page

Showing results 1-20

All JobsLoan Processor JobsLoan Processor Manager JobsLoan Processor Manager Jobs in Michigan

Loan Processor Manager information

See Michigan salary details

$11

$18

$26

How much do loan processor manager jobs pay per hour?

As of Aug 3, 2026, the average hourly pay for loan processor manager in Michigan is $18.57, according to ZipRecruiter salary data. Most workers in this role earn between $15.72 and $20.96 per hour, depending on experience, location, and employer.

What does a Loan Processor Manager do?

A Loan Processor Manager oversees a team of loan processors, ensuring that all loan applications are processed efficiently and in compliance with regulations. They are responsible for training staff, establishing workflow procedures, and resolving complex issues that arise during the loan process. Additionally, they act as a liaison between loan officers, underwriters, and other departments to ensure timely and accurate loan closings. Their role is crucial in maintaining high customer satisfaction and minimizing processing errors.

Do MLOs make good money?

Loan Processor Managers typically earn a competitive salary that varies by location and experience, often ranging from $50,000 to $90,000 annually. Their compensation can increase with certifications, leadership skills, and the size of the lending institution. Overall, the role offers a solid income within the mortgage and lending industry.

What is the difference between Loan Processor Manager vs Loan Processor?

AspectLoan ProcessorLoan Processor Manager
ResponsibilitiesReview and verify loan documents, process loan applications, communicate with borrowersOversee loan processing team, ensure compliance, improve processing efficiency
Required SkillsAttention to detail, knowledge of loan programs, customer service skillsLeadership, team management, process improvement skills
CertificationsTypically none required; may prefer mortgage or loan processing certificationsSame as Loan Processor; leadership certifications beneficial
Work EnvironmentOffice setting within banks or mortgage companiesOffice setting, supervisory role within the same environment

The main difference between a Loan Processor and a Loan Processor Manager is the scope of responsibilities. The Loan Processor handles the day-to-day processing of loan applications, while the Loan Processor Manager oversees the processing team, ensuring efficiency and compliance. Both roles require similar skills and certifications, but the manager position involves leadership and team management duties.

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

A Loan Processor Manager needs strong expertise in mortgage lending, underwriting guidelines, and loan documentation, typically supported by experience in finance or a related field. Familiarity with loan origination systems (LOS), compliance software, and relevant certifications like NMLS are highly beneficial. Exceptional leadership, attention to detail, and effective communication are vital soft skills for managing teams and ensuring efficient workflows. These skills ensure regulatory compliance, timely loan processing, and high-quality service for both clients and stakeholders.

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, and manage a team to meet processing deadlines and maintain quality standards.

What are some common challenges faced by Loan Processor Managers, and how can they effectively address them?

Loan Processor Managers often encounter challenges such as managing high loan volumes, ensuring compliance with evolving regulations, and maintaining clear communication between loan officers, underwriters, and borrowers. To address these, strong organizational skills, up-to-date knowledge of lending guidelines, and fostering a collaborative team environment are essential. Implementing efficient workflow processes and ongoing training can also help streamline operations and reduce bottlenecks, ultimately leading to smoother loan processing and improved team performance.

Will MLO be replaced by AI?

A Loan Processor Manager oversees loan processing and may use AI tools to automate tasks like data entry and document verification. While AI can improve efficiency, human oversight remains essential for complex decision-making and compliance in loan processing roles.

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

A loan processor 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's compensation structure. The actual earnings vary based on the institution, location, and individual performance.
What are the most commonly searched types of Loan Processor jobs in Michigan? The most popular types of Loan Processor jobs in Michigan are:
What are popular job titles related to Loan Processor Manager jobs in Michigan? For Loan Processor Manager jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Loan Processor Manager jobs in Michigan look for? The top searched job categories for Loan Processor Manager jobs in Michigan are:
What cities in Michigan are hiring for Loan Processor Manager jobs? Cities in Michigan with the most Loan Processor Manager job openings:
Loan Processor Manager jobs near you
Infographic showing various Loan Processor Manager job openings in Michigan as of July 2026, with employment types broken down into 1% As Needed, 85% Full Time, 10% Part Time, and 4% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $38,619 per year, or $18.6 per hour.

Mortgage Loan Processor

Extreme Loans

Southfield, MI • On-site

$40K - $80K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 13 days ago

Job description

Extreme Loans is looking for a detail-oriented, high-energy Mortgage Loan Processor to join our growing team in Southfield. You will serve as the essential "engine" of the loan process, ensuring files move smoothly from initial application to a successful closing.

As a primary point of contact, you will bridge the gap between loan officers, borrowers, underwriters, and sales agents. If you thrive in a fast-paced environment and take pride in precision and clear communication, we want to talk to you.


What You’ll Do

  • Pipeline Management: Act as the central hub for every loan file, coordinating effectively with borrowers, loan officers, and underwriters.
  • Documentation & Verification: Proactively collect, review, and organize all necessary financial documentation for the underwriting department.
  • Problem Solving: Identify potential hurdles in the loan file early and work with the team to find solutions for a "Clear to Close."
  • Closing Coordination: Once approved, ensure all files are complete and efficiently handed off to the closing department.
  • Communication: Provide world-class service by keeping all parties updated on the status of the loan at every milestone.

Requirements

  • Experience: Minimum of 1 year of mortgage processing experience (Required).
  • Education: High school diploma or equivalent (Required).
  • Reliability: Must be able to reliably commute to our Southfield, MI office (Required).
  • Technical Skills: Familiarity with modern LOS (Loan Origination Systems) and a high level of comfort with digital document management.

Skills for Success

  • Ability to manage an 8-hour shift in a dynamic office setting.
  • Strong organizational skills with the ability to handle multiple files simultaneously.
  • Excellent verbal and written communication skills.
  • A "team-first" attitude with a focus on growth and culture.

Benefits

We believe in taking care of our team members. At Extreme Loans, you’ll enjoy:

  • Financial Security: Competitive salary and 401(k) retirement plan.
  • Health & Wellness: Comprehensive Health, Dental, and Vision insurance.
  • Work-Life Balance: Paid Time Off (PTO) to recharge.
  • Environment: A collaborative, professional office setting.


#zr