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Loan Processor Trainee Jobs in Michigan (NOW HIRING)

MortgagePros

Loan Officer Trainee

Troy, MI · On-site

$13/hr

... our team as Loan Officer Trainees. This role is ideal for individuals looking to start or grow ... You will receive hands-on training, support through the licensing process, and the opportunity to ...

Lending Pros

Loan Officer Trainee

Southfield, MI · On-site

$20/hr

Learn about mortgage products, lending regulations, loan processing, and compliance. * Work toward ... Within 1-3 months (based on performance), top trainees will have the opportunity to transition into ...

Mortgagepros Llc

Loan Officer Trainee

Troy, MI · On-site

$150K/yr

Mortgage Pros is investing in, and hiring Mortgage Loan Officer Trainees in our Troy office. You do ... What you'll do ⭐Learn how to guide clients through the mortgage process with clarity and ...

Mortgagepros Llc

Loan Officer Trainee

Troy, MI · On-site

$150K/yr

Mortgage Pros is investing in, and hiring Mortgage Loan Officer Trainees in our Troy office. You do ... What you'll do ⭐Learn how to guide clients through the mortgage process with clarity and ...

Lend-A-Loan LLC

Mortgage Sales Trainee

Troy, MI

$18/hr

Loan Officer Trainee Program Are you ambitious, driven, and looking for a career with unlimited ... Gained hands-on experience with loans actively moving through the process * Received ongoing ...

Lend-A-Loan LLC

Mortgage Sales Trainee

Troy, MI · On-site

Description Loan Officer Trainee Program Are you ambitious, driven, and looking for a career with ... Gained hands-on experience with loans actively moving through the process * Received ongoing ...

loanDepot

Mortgage Loan Officer Trainee

Pontiac, MI · On-site

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

loanDepot

Mortgage Loan Officer Trainee

Oak Park, MI · On-site

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

loanDepot

Mortgage Loan Officer Trainee

Auburn Hills, MI · On-site

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

loanDepot

Mortgage Loan Officer Trainee

Southfield, MI · On-site

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

loanDepot

Mortgage Loan Officer Trainee

Pontiac, MI · On-site

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

loanDepot

Mortgage Loan Officer Trainee

Birmingham, MI · On-site

$70K - $120K/yr

Assists clients through the loan process from application to closing. * Maintains minimum production standards including originations & fundings. Requirements: * 2+ years of recent mortgage ...

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Loan Processor Trainee information

See Michigan salary details

$11

$18

$26

How much do loan processor trainee jobs pay per hour?

As of Aug 6, 2026, the average hourly pay for loan processor trainee 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 are some typical challenges a loan processor trainee might face when starting in the role?

As a Loan Processor Trainee, you may initially find it challenging to manage multiple loan files simultaneously while ensuring accuracy and compliance with lending regulations. Learning to interpret various financial documents and understanding lender-specific requirements can also require time and careful attention to detail. Additionally, balancing communication between loan officers, underwriters, and clients is crucial for keeping the process on track, so strong organizational and interpersonal skills are essential. With experience, these challenges become more manageable as you develop effective systems and gain familiarity with industry practices.

What are the key skills and qualifications needed to thrive as a loan processor trainee, and why are they important?

To thrive as a Loan Processor Trainee, you need a basic understanding of financial documentation, attention to detail, and at least a high school diploma or equivalent. Familiarity with loan origination systems, credit reporting tools, and document management software is typically required. Strong organizational skills, effective communication, and the ability to work under deadlines are standout soft skills in this position. These skills and qualities are crucial for accurately processing loan applications, ensuring regulatory compliance, and supporting a smooth lending process.

What is a loan processor trainee?

Loan Processor Trainees are entry-level professionals who assist in preparing and organizing loan application files for review by underwriters and loan officers. They learn how to collect, verify, and process documents related to mortgage or other loan applications. Their role involves ensuring all necessary paperwork is complete and compliant with lending regulations. Over time, they gain the skills needed to become full-fledged loan processors, contributing to a smooth and efficient loan approval process.

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

AspectLoan Processor TraineeLoan Processor
CredentialsTypically entry-level; may require a high school diploma or equivalentRequires experience; often a high school diploma or higher, with industry certifications
Work EnvironmentTraining environment, supervised, learning on the jobFull-time, independent role within banks or mortgage companies
ResponsibilitiesAssisting with document collection, learning loan processing proceduresReviewing documents, verifying information, preparing loan files

The main difference is that a Loan Processor Trainee is an entry-level position focused on learning and assisting, while a Loan Processor is a fully responsible role with established skills and experience. Trainees are in a learning phase, whereas processors handle the full scope of loan processing tasks independently.

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 cities in Michigan are hiring for Loan Processor Trainee jobs? Cities in Michigan with the most Loan Processor Trainee job openings:
Loan Processor Trainee jobs near you
Infographic showing various Loan Processor Trainee job openings in Michigan as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $38,619 per year, or $18.6 per hour.

Loan Officer Trainee

MortgagePros

Troy, MI • On-site

$13/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 28 days ago

Job description

About Us

MortgagePros is a rapidly growing mortgage company headquartered in Troy, Michigan. Since our founding in 2019, we’ve focused on helping homeowners secure smart, customized loan solutions through exceptional service and industry expertise. We are committed to developing top-performing professionals and offer the tools, training, and mentorship needed to succeed in a high-energy, performance-driven environment.

Position Overview

We are seeking motivated, client-focused individuals to join our team as Loan Officer Trainees. This role is ideal for individuals looking to start or grow their career in mortgage sales. You will receive hands-on training, support through the licensing process, and the opportunity to transition into a fully licensed Loan Officer role upon successful completion of our program.

Responsibilities

  • Build and manage a pipeline of prospective clients through outbound and inbound lead engagement
  • Consult with borrowers to understand their financial goals and recommend appropriate loan solutions
  • Educate clients on loan products, terms, and qualification processes
  • Maintain a strong understanding of mortgage guidelines, program offerings, and compliance requirements
  • Ensure timely and accurate communication with clients throughout the loan process
  • Collaborate with internal teams including processors and underwriters to support seamless loan closings

Qualifications

  • Excellent interpersonal, written, and verbal communication skills
  • Strong customer service orientation with the ability to build trust quickly
  • Proven sales aptitude or a strong desire to develop in a sales-driven role
  • Self-motivated and goal-oriented with a positive, team-first mindset
  • Prior mortgage, finance, or sales experience is a plus but not required
  • Must be willing to obtain a Mortgage Loan Originator license (training and support provided)

Compensation and Benefits

  • Hourly base pay of $18/hour during training
  • Commission-based earnings upon licensure, with competitive monthly draw of $2500
  • Paid training program led by licensed instructors
  • Health, dental, and vision insurance
  • 401(k) retirement plan
  • Complimentary Lifetime Fitness Membership
  • Opportunities for career advancement and ongoing professional development

Pay: From $18.00 per hour

Expected hours: 40 per week

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance
  • Lifetime Fitness Membership Access

Schedule:

  • 8 hour shift
  • Monday to Friday