Loss Mitigation Processor
$39K - $54K/yr
Review, track, and process incoming loss mitigation applications and borrower documentation (e.g ... Update and maintain loan servicing systems with accurate and timely information. * Ensure ...
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$39K - $54K/yr
Review, track, and process incoming loss mitigation applications and borrower documentation (e.g ... Update and maintain loan servicing systems with accurate and timely information. * Ensure ...
Quick apply
$39K - $54K/yr
Review, track, and process incoming loss mitigation applications and borrower documentation (e.g ... Update and maintain loan servicing systems with accurate and timely information. * Ensure ...
$22 - $26/hr
Onsite in Troy, MI Responsible for: - Managing 25 to 30 files per person (once fully trained) - Processing home equity loans from start to finish - Reviewing income information (ie. Pay stubs ...
$22 - $26/hr
Onsite in Troy, MI Responsible for: - Managing 25 to 30 files per person (once fully trained) - Processing home equity loans from start to finish - Reviewing income information (ie. Pay stubs ...
$22 - $26/hr
Onsite in Troy, MI Responsible for: - Managing 25 to 30 files per person (once fully trained) - Processing home equity loans from start to finish - Reviewing income information (ie. Pay stubs ...
Quick apply
$22 - $26/hr
Onsite in Troy, MI Responsible for: - Managing 25 to 30 files per person (once fully trained) - Processing home equity loans from start to finish - Reviewing income information (ie. Pay stubs ...
Troy, MI · On-site
Vice President, Loan Processing ID: 1007 Location: Troy, MI Department: Operations More about this job > Description Perry Johnson Mortgage is going places, and this is your chance to get in on the ...
Troy, MI · On-site
Vice President, Loan Processing ID: 1007 Location: Troy, MI Department: Operations More about this job > Description Perry Johnson Mortgage is going places, and this is your chance to get in on the ...
$37K - $42K/yr
... loan processor, junior underwriter, loan officer) plus an additional year of customer service or contact center background, or at least three years of loan origination working with conventional loans ...
$37K - $42K/yr
... loan processor, junior underwriter, loan officer) plus an additional year of customer service or contact center background, or at least three years of loan origination working with conventional loans ...
Troy, MI · On-site
$15 - $20/hr
Responsibilities: * Assist loan officers with processing mortgage applications and documentation. * Communicate with clients to gather necessary information and provide updates. * Prepare loan files ...
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Troy, MI · On-site
$15 - $20/hr
Responsibilities: * Assist loan officers with processing mortgage applications and documentation. * Communicate with clients to gather necessary information and provide updates. * Prepare loan files ...
Detroit, MI · Remote
$37K - $42K/yr
... loan processor, junior underwriter, loan officer) plus an additional year of customer service or contact center background, or at least three years of loan origination working with conventional loans ...
Quick apply
Detroit, MI · Remote
$37K - $42K/yr
... loan processor, junior underwriter, loan officer) plus an additional year of customer service or contact center background, or at least three years of loan origination working with conventional loans ...
Troy, MI · On-site
$100K - $1M/yr
As a Loan Officer, you'll work closely with clients to guide them through the mortgage process, offering expert advice and personalized solutions. You'll have access to modern tools, a wide range of ...
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Troy, MI · On-site
$100K - $1M/yr
As a Loan Officer, you'll work closely with clients to guide them through the mortgage process, offering expert advice and personalized solutions. You'll have access to modern tools, a wide range of ...
$15 - $20/hr
Responsibilities: * Assist loan officers with processing mortgage applications and documentation. * Communicate with clients to gather necessary information and provide updates. * Prepare loan files ...
Quick apply
$15 - $20/hr
Responsibilities: * Assist loan officers with processing mortgage applications and documentation. * Communicate with clients to gather necessary information and provide updates. * Prepare loan files ...
Troy, MI · On-site
$15 - $20/hr
Responsibilities: * Assist loan officers with processing mortgage applications and documentation. * Communicate with clients to gather necessary information and provide updates. * Prepare loan files ...
Quick apply
Troy, MI · On-site
$15 - $20/hr
Responsibilities: * Assist loan officers with processing mortgage applications and documentation. * Communicate with clients to gather necessary information and provide updates. * Prepare loan files ...
Troy, MI · On-site
$100K - $1M/yr
As a Loan Officer, you'll work closely with clients to guide them through the mortgage process, offering expert advice and personalized solutions. You'll have access to modern tools, a wide range of ...
Quick apply
Troy, MI · On-site
$100K - $1M/yr
As a Loan Officer, you'll work closely with clients to guide them through the mortgage process, offering expert advice and personalized solutions. You'll have access to modern tools, a wide range of ...
Troy, MI · On-site
$100K - $1M/yr
As a Loan Officer, you'll work closely with clients to guide them through the mortgage process, offering expert advice and personalized solutions. You'll have access to modern tools, a wide range of ...
Quick apply
Troy, MI · On-site
$100K - $1M/yr
As a Loan Officer, you'll work closely with clients to guide them through the mortgage process, offering expert advice and personalized solutions. You'll have access to modern tools, a wide range of ...
Troy, MI · On-site
We are seeking an experienced Vice President, Loan Processing with a strong track record of success. Position Summary Reporting to the President, the VP, Loan Processing performs a wide range of ...
Troy, MI · On-site
We are seeking an experienced Vice President, Loan Processing with a strong track record of success. Position Summary Reporting to the President, the VP, Loan Processing performs a wide range of ...
Farmington Hills, MI · On-site
$120K - $250K/yr
In this pivotal role, you will be responsible for guiding clients through the loan process, assessing their financial needs, and providing expert advice on mortgage lending and other loan products.
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Farmington Hills, MI · On-site
$120K - $250K/yr
In this pivotal role, you will be responsible for guiding clients through the loan process, assessing their financial needs, and providing expert advice on mortgage lending and other loan products.
Be Seen First
Troy, MI · Remote
$50K - $350K/yr
Loan Officer Ease Mortgage - Troy, MI Earning Potential: $50,000 - $350,000+ Annually Uncapped ... Full processing and underwriting support * Modern CRM and mortgage technology platform * Health ...
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Be Seen First
Troy, MI · Remote
$50K - $350K/yr
Loan Officer Ease Mortgage - Troy, MI Earning Potential: $50,000 - $350,000+ Annually Uncapped ... Full processing and underwriting support * Modern CRM and mortgage technology platform * Health ...
Be Seen First
Southfield, MI · On-site
$80K - $100K/yr
A Mortgage Loan Originator is responsible for assisting clients through the loan application process, ensuring they understand the terms and conditions, and helping them secure mortgage financing.
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Urgent
Training provided
Be Seen First
Southfield, MI · On-site
$80K - $100K/yr
A Mortgage Loan Originator is responsible for assisting clients through the loan application process, ensuring they understand the terms and conditions, and helping them secure mortgage financing.
Urgent
Training provided
Troy, MI · On-site
$60K - $500K/yr
Our mission is to make the home loan process smooth, efficient, and customer-friendly. We are looking for a motivated and detail-oriented Loan Officer Assistant to join our team in Troy, MI. If you ...
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Troy, MI · On-site
$60K - $500K/yr
Our mission is to make the home loan process smooth, efficient, and customer-friendly. We are looking for a motivated and detail-oriented Loan Officer Assistant to join our team in Troy, MI. If you ...
Troy, MI · On-site
$200K/yr
Team support from our Loan Processors, Underwriters and Closers * Top Producers could earn the President's Club designation and attend an annual trip for recognition from the President of JGWHL. Our ...
Troy, MI · On-site
$200K/yr
Team support from our Loan Processors, Underwriters and Closers * Top Producers could earn the President's Club designation and attend an annual trip for recognition from the President of JGWHL. Our ...
Troy, MI · On-site
$60K - $500K/yr
Our mission is to make the home loan process smooth, efficient, and customer-friendly. We are looking for a motivated and detail-oriented Loan Officer Assistant to join our team in Troy, MI. If you ...
Quick apply
Troy, MI · On-site
$60K - $500K/yr
Our mission is to make the home loan process smooth, efficient, and customer-friendly. We are looking for a motivated and detail-oriented Loan Officer Assistant to join our team in Troy, MI. If you ...
Troy, MI · On-site
$60K - $500K/yr
Our mission is to make the home loan process smooth, efficient, and customer-friendly. We are looking for a motivated and detail-oriented Loan Officer Assistant to join our team in Troy, MI. If you ...
Quick apply
Troy, MI · On-site
$60K - $500K/yr
Our mission is to make the home loan process smooth, efficient, and customer-friendly. We are looking for a motivated and detail-oriented Loan Officer Assistant to join our team in Troy, MI. If you ...
$12.87 - $14.33
5% of jobs
$14.33 - $15.78
9% of jobs
$16.97 is the 25th percentile. Wages below this are outliers.
$15.78 - $17.24
13% of jobs
$17.24 - $18.70
20% of jobs
The median wage is $18.94 / hr.
$18.70 - $20.16
16% of jobs
$20.16 - $21.61
9% of jobs
$22.02 is the 75th percentile. Wages above this are outliers.
$21.61 - $23.07
8% of jobs
$23.07 - $24.53
6% of jobs
$24.53 - $25.99
5% of jobs
$25.99 - $27.44
5% of jobs
$27.44 - $28.90
2% of jobs
$12
$20
$28
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.
| 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.

$39K - $54K/yr
Full-time
Posted 10 days ago
7.8
Based on 98 frontline employees who took The Breakroom Quiz
96th of 150 rated financial services
Overview
Ready to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It’s all happening on UWM’s campus, where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.
It’s no wonder that out of our six pillars, People Are Our Greatest Asset is number one. It’s at the very heart of how we treat each other, our clients and our community. Whether it’s providing elite client service or continuously striving to improve, our pillars provide a pathway to a more successful personal and professional life.
From the team member that holds a door open to the one that helps guide your career, you’ll feel the encouragement and support on day one. No matter your race, creed, gender, age, sexual orientation and ethnicity, you’ll be welcomed here. Accepted here. And empowered to Be You Here.
More reasons you’ll love working here include:
Responsibilities
• Review, track, and process incoming loss mitigation applications and borrower documentation (e.g., income verification, hardship letters, tax returns).
• Conduct preliminary assessments to ensure loss mitigation application packages are complete and escalate issues as needed.
• Communicate with borrowers, servicers, and internal departments regarding application status, missing documents, and next steps.
• Update and maintain loan servicing systems with accurate and timely information.
• Ensure compliance with federal regulations (e.g., RESPA, CFPB), investor guidelines (e.g., Fannie Mae, Freddie Mac, FHA), and company policies.
• Assist in preparing and sending notices of receipt, incomplete application letters, and resolution decisions within required timelines.
• Monitor timelines for critical milestones (e.g., 5-day, 30-day, 120-day) and escalate files approaching deadlines.
• Work collaboratively with Loss Mitigation Specialists and Underwriters to ensure a smooth borrower experience.
• Provide administrative support to the Loss Mitigation team, including reporting, data entry, and file maintenance.
Qualifications
Must-Have Qualifications:
• High school diploma or equivalent required; associate or bachelor’s degree preferred.
• Experience: 1–3 years of experience in mortgage servicing, loss mitigation, or a related customer service/administrative role in financial services.
• Strong organizational and time-management skills.
• Excellent written and verbal communication skills.
• Ability to handle sensitive customer information with discretion.
• Proficiency in Microsoft Office (Word, Excel, Outlook) and loan servicing software (e.g., MSP, Fiserv, or equivalent).
• Knowledge of loss mitigation options (loan modification, forbearance, short sale, etc.) preferred.
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Finance and insurance
5,001 - 10,000 Employees
Pontiac, MI, US
1986