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Loan Processor Manager Jobs (NOW HIRING)

Centennial Bank

Loan Processor

Medina, TN

$15.75 - $21/hr

Prepare loan documents for lenders as assigned by the Loan Processing Manager. * Order title opinions, title commitments, appraisals, and flood determinations, etc. when required. Inform appropriate ...

NVR, Inc.

Loan Processor

Columbus, OH · On-site

$18 - $24.25/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

New

NVR Inc

Loan Processor

Charlottesville, VA

$55K - $65K/yr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

Centennial Bank

Loan Processor

Medina, TN · On-site

$15.75 - $21/hr

Prepare loan documents for lenders as assigned by the Loan Processing Manager. * Order title opinions, title commitments, appraisals, and flood determinations, etc. when required. Inform appropriate ...

NVR, Inc.

Loan Processor

Charlottesville, VA · On-site

$18.50 - $24.75/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR Inc

Loan Processor

Charlotte, NC

$17.50 - $23.25/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR Inc

$19 - $25.50/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR Inc

Loan Processor

Pittsford, NY

$55K - $65K/yr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR Inc

Loan Processor

Concordville, PA · On-site

$18.50 - $24.50/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR, Inc.

Loan Processor

Virginia Beach, VA · On-site

$17.75 - $23.75/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR, Inc.

Loan Processor

Nashville, TN · On-site

$18 - $24.25/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR Inc

$55K - $65K/yr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR, Inc.

Loan Processor

Rochester, NY · On-site

$55K - $65K/yr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR, Inc.

Loan Processor

Charlotte, NC · On-site

$18.25 - $24.50/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR, Inc.

Loan Processor

Greenville, SC · On-site

$17.75 - $23.50/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR Inc

Loan Processor

Dumfries, VA

$55K - $65K/yr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR, Inc.

Loan Processor

Baltimore, MD · On-site

$55K - $65K/yr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR Inc

Loan Processor

Raleigh, NC

$18.25 - $24.25/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR Inc

Loan Processor

Frederick, MD · On-site

$55K - $65K/yr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

NVR Inc

Loan Processor

Brentwood, TN

$17.75 - $23.75/hr

Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages * Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and ...

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Loan Processor Manager information

See salary details

$13

$21

$30

How much do loan processor manager jobs pay per hour?

As of Jul 1, 2026, the average hourly pay for loan processor manager 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 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.
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Loan Processor Manager jobs near you
Loan Processor

Loan Processor

Centennial Bank

Medina, TN

$15.75 - $21/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago

Centennial Bank rating

7.1

Company rating: 7.1 out of 10

Based on 32 frontline employees who took The Breakroom Quiz

103rd of 144 rated banks

Job description

Our Culture

For more than 100 years, Centennial Bank has met the banking needs of the communities in which it operates. Serving thirteen locations across West Tennessee, Centennial strives to offer big bank products while maintaining a community bank atmosphere. At Centennial Bank, our customers are more than an account number, they are our friends and neighbors.

The foundation of Centennial Bank is based on six core values:

  1. Do the right thing.
  2. Do more than is expected.
  3. Make a difference.
  4. Make time for people.
  5. Improve someone's life.
  6. If something is wrong, make it right.

People want to be a part of an organization that operates by these six core values creating a positive work environment. The Bank offers our associates the opportunity to grow professionally and work on an outstanding team. Centennial's employees are friendly, open, available and personable.

Our Mission

The mission of Centennial Bank is to remain a financially strong family-owned Bank committed to serving our communities, maintaining superior relationships with our customers, offering innovative products and services while providing a rewarding work environment for our employees.

Roles and Responsibilities

  • Provide excellent customer service.
  • Embody Centennial Bank's Core Values.
  • Have friendly and helpful attitude and the ability to interact positively with customers, co-workers, and vendors.
  • Work well with others in a team environment.
  • Ensure professional and timely communication with customers, co-workers, and vendors.
  • Exhibit attention to detail, learn and apply policies and procedures, and perform basic mathematical tasks.
  • Stay current on regulatory changes.
  • Explain, promote, and sell products or services.
  • Operate computer and applicable computer programs efficiently.
  • Provide prompt follow-up and proactive internal/external customer communication.
  • Exhibit significant understanding of loan documentation, credit policy and banking regulations to ensure adequate preparation of loan documentation.
  • Prepare loan documents for lenders as assigned by the Loan Processing Manager.
  • Order title opinions, title commitments, appraisals, and flood determinations, etc. when required. Inform appropriate branch loan staff when exceptions arise.
  • Work with appropriate branch loan staff to organize workflow for loan renewals and prepare renewal documentation as assigned by the Loan Processing Manager.
  • Help facilitate loan closings within the branch.
  • Verify lender provided documentation is accurate and complete.
  • Assist lenders in mitigating exceptions prior to loan closing.
  • Complete escrow set-up sheet when applicable.
  • Prepare loan setup worksheets and send to loan officer.
  • Verify HMDA data is correctly input in the loan platform software.
  • Assist Chief Compliance Officer and Chief Credit Officer with consumer compliance, safety and soundness examinations, records retrieval, and special projects.
  • Regular and punctual attendance as well as accurate work are among essential job functions for an employee at Centennial Bank.
  • This list is not considered to be an all-inclusive list of job responsibilities. Other responsibilities may be added in the future as deemed necessary.

Work With Us

At Centennial Bank, we're proud to be made up of a strong team of hard-working individuals. We value our employees as much as we value our customers and are dedicated to creating an enjoyable work environment.We're committed to the health and happiness of our associates and offer a full-range of benefits such as:

  • Major Medical, Dental, and Vision
  • Paid Time Off
  • Paid Holidays
  • 401K with substantial employer match
  • Supplemental Life Insurance

What Centennial Bank employees say

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Benefits

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