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Loan Processor Jobs in Addison, IL (NOW HIRING)

Lakeside Bank

Mortgage Loan Processer/Closer

Oak Brook, IL · On-site

$19 - $28/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Processing Responsibilities: · Review loan application packages for completeness and accuracy, reconciling application information against system input and confirming individual data fields. Perform ...

Lakeside Bank

Mortgage Loan Processer/Closer

Oak Brook, IL · On-site

$19 - $28/hr

  • Medical

  • Dental

  • Vision

  • Life

Processing Responsibilities: * Review loan application packages for completeness and accuracy, reconciling application information against system input and confirming individual data fields. Perform ...

Wintrust

Loan Originator - East Region

Highland Park, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Work with the loan processor to provide any additional documentation as necessary and required by underwriting to clear conditions and close the loan. Job Requirements: * Must meet all NMLS ...

Wintrust

Loan Originator - East Region

Northbrook, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Work with the loan processor to provide any additional documentation as necessary and required by underwriting to clear conditions and close the loan. Job Requirements: * Must meet all NMLS ...

Wintrust

Loan Originator - East Region

Libertyville, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Work with the loan processor to provide any additional documentation as necessary and required by underwriting to clear conditions and close the loan. Job Requirements: * Must meet all NMLS ...

Wintrust

Loan Originator - East Region

Lake Forest, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Work with the loan processor to provide any additional documentation as necessary and required by underwriting to clear conditions and close the loan. Job Requirements: * Must meet all NMLS ...

Wintrust

Loan Originator - East Region

Wilmette, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Work with the loan processor to provide any additional documentation as necessary and required by underwriting to clear conditions and close the loan. Job Requirements: * Must meet all NMLS ...

Wintrust

Loan Originator - East Region

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Work with the loan processor to provide any additional documentation as necessary and required by underwriting to clear conditions and close the loan. Job Requirements: * Must meet all NMLS ...

Windsor Advantage

Loan Processing Associate I

Chicago, IL

$40K - $60K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Loan Processing Associate will quarterback communication with clients, borrowers, government entities and other third parties (e.g., insurance agents, attorneys, CPA's etc.), exercising ...

Wintrust

Loan Originator - East Region

Highland Park, IL · On-site

$15/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Work with the loan processor to provide any additional documentation as necessary and required by underwriting to clear conditions and close the loan. Job Requirements: * Must meet all NMLS ...

Windsor Advantage

Loan Processing Associate I

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Loan Processing Associate I Chicago, IL About Us Windsor Advantage, an affiliate of Capital Bank N.A., is one of the nation's leading Lender Service Providers (LSP). Windsor Advantage provides banks ...

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Showing results 21-40

All JobsLoan Processor JobsLoan Processor Jobs in Addison, IL

Loan Processor information

See Addison, IL salary details

$13

$21

$30

How much do loan processor jobs pay per hour?

As of Aug 15, 2026, the average hourly pay for loan processor in Addison, IL is $21.34, according to ZipRecruiter salary data. Most workers in this role earn between $18.08 and $24.09 per hour, depending on experience, location, and employer.

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.

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 some roles may require in-office presence for document verification or meetings. Availability depends on the employer's policies and the specific job requirements.

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 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 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 is the difference between Loan Processor vs Loan Underwriter?

AspectLoan ProcessorLoan Underwriter
Primary RolePrepares and reviews loan documents, gathers borrower informationAssesses loan risk and approves or declines loan applications
Required CredentialsHigh school diploma, some certifications preferredTypically requires mortgage or financial certifications
Work EnvironmentOffice setting, working closely with loan officers and applicantsOffice environment, analyzing financial data and risk
Industry UsageCommon in mortgage and banking sectorsIntegral 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.

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Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Addison, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, and 20% Remote job distribution, with an average salary of $44,391 per year, or $21.3 per hour.

Mortgage Loan Processor/Servicer - To 60K - Chicago, IL - Job 3706

The Symicor Group

Chicago, IL • On-site

$60K/yr

Full-time

Re-posted 28 days ago

Job description

Mortgage Loan Processor/Servicer - To $60K - Chicago, IL - Job # 3706
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our bank client is seeking to fill a Mortgage Loan Processor/Servicer role. The successful candidate will be responsible for individual pipeline management with a focus on meeting sales goals, maintaining compliance requirements, thoroughly reviewing all materials provided to underwriting, maintaining expected processing turn times and pull thru ratios, and preserve strong relationships with Financial Consultants.
This position comes with a generous salary of up to $60K and a full benefits package. (This is not a remote position)
Mortgage Loan Processor/Servicer responsibilities include:
  • Timely review and submission of all file documents in the required format for underwriting review.
  • Monitoring individual pipeline and identify estimated monthly closing production.
  • Following up on all necessary ordered services in conjunction with Jr. Processor and Sales Assistants.
  • Staying up to date on FHLMC guidelines, internal underwriting/processing procedures and guidelines, and Company policies.
  • Following up with Obligors as necessary to obtain necessary documents or answer processing related questions.
  • Responding to the Financing Consultants questions and concerns in a prompt and courteous manner.
  • Assisting various departments in closing, post-closing or funding issues.
  • Working with outside and internal resources to maintain compliance.
  • All other duties as assigned by management.

Who Are You?
You're someone who wants to influence your own development. You're looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
  • High School diploma or GED required.
  • Two or more years of Mortgage Processing experience required.
  • Maintaining and fostering positive relationships with customers and business partners.
  • Strong computer skills required such as Excel, Word, Adobe.
  • Provide professional communication in both oral and written expression.
  • Able to meet tight deadlines.
  • Ability to handle highly sensitive information, maintaining confidentiality of customers personal information.
  • Highly detail oriented and can problem solve.
  • Excellent organizational, time management and analytical skills.

The next step is yours. Email us your current resume along with the position you are considering to:
resumes@symicorgroup.com

Apply