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Loan Processor Trainee Jobs in Michigan (NOW HIRING)

Prime Home Lending

Be Seen First

Mortgage Loan Officer Trainee

Southfield, MI · On-site

$28K - $300K/yr

As a Mortgage Loan Officer Trainee, you will learn the mortgage loan process while assisting customers with their home financing needs. You will work alongside experienced professionals, develop your ...

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 ...

loanDepot

Mortgage Loan Officer Trainee

Oak Park, MI · On-site

$15/hr

Comfort with using software for loan processing and customer management. * Customer Focus: Dedication to delivering exceptional customer service throughout the loan process. Requirements : * Sales ...

loanDepot

Mortgage Loan Officer Trainee

Southfield, MI · On-site

$15/hr

Comfort with using software for loan processing and customer management. * Customer Focus: Dedication to delivering exceptional customer service throughout the loan process. Requirements : * Sales ...

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Loan Processor Trainee information

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$26

How much do loan processor trainee jobs pay per hour?

As of Aug 26, 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 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 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 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.

How much do entry level loan processors make?

Entry-level loan processors typically earn between $35,000 and $45,000 annually, depending on location and employer. Starting salaries may increase with relevant skills, certifications, and experience in loan processing software and procedures.

Is a loan processor a difficult job?

A loan processor trainee role involves reviewing financial documents, verifying information, and ensuring compliance with lending guidelines. The job requires attention to detail, organizational skills, and familiarity with loan software, but it is generally considered manageable with proper training and experience.

What qualifications do I need to be a loan processor trainee?

To become a loan processor trainee, candidates typically need a high school diploma or equivalent. Strong organizational skills, attention to detail, and basic knowledge of financial documents are important; some employers may prefer familiarity with loan processing software or customer service experience.

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, 76% Full Time, 20% Part Time, and 3% 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.

Mortgage Loan Officer Trainee

Prime Home Lending

Southfield, MI • On-site

$28K - $300K/yr

Full-time

Medical, Dental, Vision, Life

Posted 13 days ago

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Job description

Position Overview


We are looking for motivated individuals to join our team as Mortgage Loan Officer Trainees. This is a paid training position designed to provide you with the knowledge, skills, and hands-on experience needed to build a successful career in mortgage lending.

As a Mortgage Loan Officer Trainee, you will learn the mortgage loan process while assisting customers with their home financing needs. You will work alongside experienced professionals, develop your financial and customer-service skills, and prepare to advance into a licensed Mortgage Loan Officer (MLO) role.


What You'll Do:

  • Assist customers with mortgage loan applications and the home-financing process
  • Collect, organize, and review financial and employment documents
  • Learn how to evaluate income, credit, and other borrower information
  • Explain mortgage loan options, requirements, and next steps to customers
  • Communicate with borrowers, lenders, processors, and underwriting teams
  • Follow up on applications and outstanding documentation
  • Provide professional customer service throughout the loan process
  • Learn mortgage industry guidelines, regulations, and compliance requirements
  • Develop the skills necessary to become a successful licensed Mortgage Loan Officer


~Paid Training & Career Advancement~


You start in this position as a paid trainee, receiving hands-on training and guidance as you learn the mortgage industry. As you gain experience and complete the required licensing and training requirements, you will have the opportunity to graduate into a licensed Mortgage Loan Officer (MLO) position.

This is an excellent opportunity for someone who wants to enter the mortgage industry, build a professional career, and grow into a licensed lending professional.


Ideal Candidate:

  • Motivated and eager to learn
  • Strong communication and customer-service skills
  • Organized and detail-oriented
  • Comfortable working with customers and financial information
  • Professional, dependable, and goal-oriented
  • Previous mortgage or financial experience is helpful but not necessarily required

Start your career in mortgage lending today learn, grow, get licensed, and build your future as a Mortgage Loan Officer.

Company Description

Prime Home Lending is a growing mortgage company committed to providing personalized home loan solutions, professional in-office support, and a team-driven culture focused on integrity, career growth, and helping clients achieve homeownership.