Loan Processor
$65K - $80K/yr
Compass Pointe Loan Processor: Compass Pointe Consulting is seeking an experienced Loan Processor to support customers throughout the mortgage process. This individual will coordinate with borrowers ...
Quick apply
Loan Processor
$65K - $80K/yr
Compass Pointe Loan Processor: Compass Pointe Consulting is seeking an experienced Loan Processor to support customers throughout the mortgage process. This individual will coordinate with borrowers ...
Loan Processor
Reston, VA · On-site
$19.50 - $26/hr
Compass Pointe Loan Processor: Compass Pointe Consulting is seeking an experienced Loan Processor to support customers throughout the mortgage process. This individual will coordinate with borrowers ...
Loan Processor
Reston, VA · On-site
$19.50 - $26/hr
Compass Pointe Loan Processor: Compass Pointe Consulting is seeking an experienced Loan Processor to support customers throughout the mortgage process. This individual will coordinate with borrowers ...
Loan Processor
$90K/yr
Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking ...
Quick apply
Loan Processor
$90K/yr
Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking ...
Loan Processor
Richmond, VA · On-site
$18.50 - $24.75/hr
Description Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are ...
Loan Processor
Richmond, VA · On-site
$18.50 - $24.75/hr
Description Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are ...
Loan Processor
Dumfries, VA · On-site
$55K - $65K/yr
Loan Processor Job Category Mortgage / Title Market Location VA - Northern Virginia Location VA - Dumfries Apply Now ( If you're a bright, energetic individual who's customer-focused and dedicated to ...
Loan Processor
Dumfries, VA · On-site
$55K - $65K/yr
Loan Processor Job Category Mortgage / Title Market Location VA - Northern Virginia Location VA - Dumfries Apply Now ( If you're a bright, energetic individual who's customer-focused and dedicated to ...
Loan Processor
Richmond, VA · On-site
$60K - $90K/yr
Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking ...
Loan Processor
Richmond, VA · On-site
$60K - $90K/yr
Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking ...
Loan Processor
Richmond, VA · On-site
$55K - $65K/yr
Loan Processor Job Category Mortgage / Title Market Location VA - Richmond area Location VA - Richmond Apply Now ( If you're a bright, energetic individual who's customer-focused and dedicated to the ...
Loan Processor
Richmond, VA · On-site
$55K - $65K/yr
Loan Processor Job Category Mortgage / Title Market Location VA - Richmond area Location VA - Richmond Apply Now ( If you're a bright, energetic individual who's customer-focused and dedicated to the ...
Loan Processor
Charlottesville, VA · On-site
$55K - $65K/yr
Loan Processor Job Category Mortgage / Title Market Location VA - Charlottesville area Location VA - Charlottesville Apply Now ( If you're a bright, energetic individual who's customer-focused and ...
Loan Processor
Charlottesville, VA · On-site
$55K - $65K/yr
Loan Processor Job Category Mortgage / Title Market Location VA - Charlottesville area Location VA - Charlottesville Apply Now ( If you're a bright, energetic individual who's customer-focused and ...
Loan Processor
Fairfax, VA · On-site
$55K - $65K/yr
Loan Processor Job Category Mortgage / Title Market Location VA - Northern Virginia Location VA - Fairfax Apply Now ( If you're a bright, energetic individual who's customer-focused and dedicated to ...
Loan Processor
Fairfax, VA · On-site
$55K - $65K/yr
Loan Processor Job Category Mortgage / Title Market Location VA - Northern Virginia Location VA - Fairfax Apply Now ( If you're a bright, energetic individual who's customer-focused and dedicated to ...
Loan Processor
Charlottesville, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Charlottesville, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Richmond, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Richmond, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Fairfax, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Fairfax, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Richmond, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Richmond, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Charlottesville, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Charlottesville, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Dumfries, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Dumfries, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Fairfax, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Fairfax, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Dumfries, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Loan Processor
Dumfries, VA · On-site
$55K - $65K/yr
As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...
Mortgage Loan Processor
Colonial Heights, VA · On-site
$39K - $53K/yr
Mortgage Loan Processor The Mortgage Loan Processor is primarily responsible for processing mortgage loans. This includes setting up and processing all types of mortgage loans, maintaining and ...
Mortgage Loan Processor
Colonial Heights, VA · On-site
$39K - $53K/yr
Mortgage Loan Processor The Mortgage Loan Processor is primarily responsible for processing mortgage loans. This includes setting up and processing all types of mortgage loans, maintaining and ...
Mortgage Loan Processor
Virginia Beach, VA · On-site
$55K - $65K/yr
Mortgage Loan Processor Job Category Mortgage / Title Market Location VA - Hampton Roads/Virginia Beach Location VA - Virginia Beach Apply Now ( If you're a bright, energetic individual who ...
Mortgage Loan Processor
Virginia Beach, VA · On-site
$55K - $65K/yr
Mortgage Loan Processor Job Category Mortgage / Title Market Location VA - Hampton Roads/Virginia Beach Location VA - Virginia Beach Apply Now ( If you're a bright, energetic individual who ...
Mortgage Loan Processor
Colonial Heights, VA · On-site
$39K - $53K/yr
The Mortgage Loan Processor is primarily responsible for processing mortgage loans. This includes setting up and processing all types of mortgage loans, maintaining and transferring loans between ...
Quick apply
Mortgage Loan Processor
Colonial Heights, VA · On-site
$39K - $53K/yr
The Mortgage Loan Processor is primarily responsible for processing mortgage loans. This includes setting up and processing all types of mortgage loans, maintaining and transferring loans between ...
Loan Processor information
See Virginia salary details
$13.58 - $15.12
5% of jobs
$15.12 - $16.66
9% of jobs
$17.91 is the 25th percentile. Wages below this are outliers.
$16.66 - $18.20
13% of jobs
$18.20 - $19.74
20% of jobs
The median wage is $19.99 / hr.
$19.74 - $21.28
16% of jobs
$21.28 - $22.81
9% of jobs
$23.25 is the 75th percentile. Wages above this are outliers.
$22.81 - $24.35
8% of jobs
$24.35 - $25.89
6% of jobs
$25.89 - $27.43
5% of jobs
$27.43 - $28.97
5% of jobs
$28.97 - $30.51
2% of jobs
$13
$21
$30
How much do loan processor jobs pay per hour?
As of Sep 3, 2026, the average hourly pay for loan processor in Virginia is $21.12, according to ZipRecruiter salary data. Most workers in this role earn between $17.88 and $23.85 per hour, depending on experience, location, and employer.
What is a loan processor?
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 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 the key skills and qualifications needed to thrive as a loan processor?
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 is the difference between Loan Processor vs Loan Underwriter?
| Aspect | Loan Processor | Loan Underwriter |
|---|---|---|
| Primary Role | Prepares and reviews loan documents, gathers borrower information | Assesses loan risk and approves or declines loan applications |
| Required Credentials | High school diploma, some certifications preferred | Typically requires mortgage or financial certifications |
| Work Environment | Office setting, working closely with loan officers and applicants | Office environment, analyzing financial data and risk |
| Industry Usage | Common in mortgage and banking sectors | Integral 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.
Can I work remotely as a loan processor?
Loan processors can often work remotely, especially with the increased use of digital document management and communication tools. Many companies offer remote or hybrid schedules, but specific arrangements depend on employer policies and the need for secure handling of sensitive financial information.
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 financial regulations.
More about Loan Processor jobs
What are the most commonly searched types of Loan Processor jobs in Virginia?
The most popular types of Loan Processor jobs in Virginia are:
What are popular job titles related to Loan Processor jobs in Virginia?
For Loan Processor jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Loan Processor jobs in Virginia look for?
The top searched job categories for Loan Processor jobs in Virginia are:
What cities in Virginia are hiring for Loan Processor jobs?
Cities in Virginia with the most Loan Processor job openings:
What are popular job titles related to Loan Processor jobs in VA?
For Loan Processor jobs in VA, the most frequently searched job titles are:
$65K - $80K/yr
Full-time
Posted 5 days ago
Job description
Compass Pointe Loan Processor:
Compass Pointe Consulting is seeking an experienced Loan Processor to support customers throughout the mortgage process. This individual will coordinate with borrowers, loan officers, sales teams, underwriters, and closing personnel to ensure loan files are complete, accurate, and processed on schedule.
The Loan Processor will manage multiple loan files, collect required documentation, monitor outstanding items, and keep customers and internal partners informed throughout the process.
This is an on-site position based in a mortgage office.
Primary Responsibilities
Manage residential mortgage files from application through closing
Maintain regular communication with borrowers and internal business partners
Collect, review, and record borrower and property documentation
Set up loan files and order required items, including credit reports, employment verifications, deposit verifications, appraisals, and other exhibits
Identify missing or incomplete documentation and follow up promptly
Monitor submitted and pending loans to ensure deadlines are met
Coordinate with loan officers, underwriters, sales teams, and closing personnel
Prepare closing paperwork and verify loan files for accuracy and completeness
Maintain accurate records and follow applicable lending and compliance procedures
Provide responsive, professional customer service throughout the mortgage process
Qualifications
At least two years of mortgage loan-processing experience preferred
Knowledge of real estate documentation, underwriting guidelines, compliance requirements, and mortgage procedures preferred
Excellent customer service and communication skills
Strong organizational skills and attention to detail
Ability to manage multiple loan files and competing deadlines
Strong follow-through and problem-solving abilities
Ability to handle confidential financial information professionally
Comfortable working in a collaborative, fast-paced office environment