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Loan Processor Jobs in Bridgeport, CT (NOW HIRING)

William Raveis Real Estate

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Mortgage Processor

Shelton, CT · On-site

$58K - $65K/yr

The Processor is primarily responsible for the gathering of verifications and borrower ... Review new loan received by sales for completeness. * Review items needed on conditional approval

Crosscountrymortgage

Loan Partner

Melville, NY · On-site

The Loan Partner is responsible for accurately setting up new purchase applications, issuing pre-approval letters, processing and disclosing loans, and overseeing the success of every loan from ...

Dunmor

Loan Originator

New Haven, CT · On-site

Partner with internal teams such as Processing, Underwriting, and Valuations to ensure smooth and timely loan processing. * Act as a liaison between clients and operations to overcome challenges and ...

Looma Lending

Senior Loan Officer

Stamford, CT · On-site

$150K/yr

Ensure all phases of the loan process are performed in accordance with regulatory and company guidelines Qualifications: * Office Suite knowledge and loan originating software such as Calyx, Experian ...

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Loan Processor information

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How much do loan processor jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for loan processor in Bridgeport, CT is $21.66, according to ZipRecruiter salary data. Most workers in this role earn between $18.32 and $24.42 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?

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.

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.
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Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Bridgeport, CT as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 15% Part Time, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $45,051 per year, or $21.7 per hour.

Mortgage Loan Processor

Interstate Home Loan Center, Inc.

Melville, NY

$100K/yr

Full-time

Re-posted 20 days ago

Job 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 currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you’re interested in a dynamic position on a well-established and successful lending team, look no further; apply now!Compensation:

$70,000 -$ 100,000 yearly


Responsibilities:
  • Secure property and loan documentation to process mortgage loan files such as appraisals, inspections, title searches, site surveys, contracts, and property tax records
  • Adhere to all lending and regulatory guidelines and policies while preparing the loan file
  • Assist borrowers in determining the best mortgage type based on interview and situation
  • Maintain detailed documentation of the process in our system - from origination to close
  • Put together loan packages and submit to lender underwriting for approval or denial

Qualifications:
  • Must possess exceptional attention to detail, as well as strong analytical and time management skills
  • At least 2 years of loan processing experience required
  • Accounting, finance, or business Associate’s degree preferred - High school diploma or GED required
  • Experience in mortgage lending and knowledge of loan types, such as FHA, FHLB, FNMA, or VA loans required
  • Must have excellent written and verbal communication skills

About Company

For more than 30 years, Interstate Home Loan Center has been helping people turn their dreams of owning a home into a reality.

At Interstate, we’re not just building a mortgage company — we’re redefining what success looks like in the modern financial space. We’re a high-performance, growth-focused team obsessed with delivering value, creating brand trust, and building the best environment in the industry for our people and partners. If you're energized by bold ideas, fast execution, and making a real impact, this is your seat at the table.