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Loan Processor Jobs in Clinton, MD (NOW HIRING)

Signature Federal Credit Union

Be Seen First

Home Equity | Mortgage Loan Processor

Alexandria, VA · On-site

$20.37 - $30.55/hr

Explains loan programs to members, evaluates their needs and recommends options. * Pulls credit ... To develop recommendations for cost efficiency and enhancements to products, pricing, processes by ...

AnnieMac Home Mortgage

Senior Processor

Waldorf, MD · On-site

Review all loans prior to being submitted for initial underwrite, condition review and final approval. * Train Processors how to properly re-disclose files and make sure they understand what to look ...

NVR

Lot Acquisition Processor

Fairfax, VA · On-site

$58K - $60K/yr

Lot Acquisition Processor Job Category Mortgage / Title Market Location VA - Northern Virginia Location VA - Fairfax Apply Now ( Are you a detail-driven professional with a passion for organization ...

Temple View Capital LLC

Mortgage Processor

Bethesda, MD · On-site +1

$60K - $65K/yr

This role is responsible for ensuring the accuracy of each loan request by reviewing submitted personal information and financial records, validating such records against initial loan terms ...

Temple View Capital LLC

Mortgage Processor

Bethesda, MD · On-site +1

$60K - $65K/yr

This role is responsible for ensuring the accuracy of each loan request by reviewing submitted personal information and financial records, validating such records against initial loan terms ...

DAS Acquisiton Company LLC

Loan Partner

Annapolis, MD · On-site

$55K/yr

The Loan Partner supports the Mortgage Loan Originator (MLO) with the administration and processing of mortgage loans, ensuring accurate, timely, and efficient loan processing throughout all stages ...

Aldridge Pite LLP

Foreclosure Processor

North Bethesda, MD · On-site

$40K - $56K/yr

Utilize reports and client system steps to process fee requests * Review, interpret new fee request directives and update fee matrix * Updating client systems Specific Duties and Responsibilities ...

Bank of Clarke

Mortgage Loan Officer

Mclean, VA · On-site

$30K - $50K/yr

Expedite the processing of various loan documents and ensure compliance with policies, procedures and guidelines. Works closely with team members to ensure timely follow-up on all new leads generated ...

Bank of Clarke

Mortgage Loan Officer

Mclean, VA · On-site +1

Expedite the processing of various loan documents and ensure compliance with policies, procedures and guidelines. Works closely with team members to ensure timely follow-up on all new leads generated ...

Howard University

Direct Loan Specialist

Washington, DC · On-site

The Direct Loan Specialist is responsible for processing Federal and private loans for the graduate, professional, and undergraduate populations at Howard University according to Federal regulations ...

Howard University

Direct Loan Specialist

Washington, DC · On-site

The Direct Loan Specialist is responsible for processing Federal and private loans for the graduate, professional, and undergraduate populations at Howard University according to Federal regulations ...

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Loan Processor information

See Clinton, MD salary details

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How much do loan processor jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for loan processor in Clinton, MD is $21.18, according to ZipRecruiter salary data. Most workers in this role earn between $17.93 and $23.89 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.
More about Loan Processor jobs

What job categories do people searching Loan Processor jobs in Clinton, MD look for?

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What cities near Clinton, MD are hiring for Loan Processor jobs?

Cities near Clinton, MD with the most Loan Processor job openings:

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Clinton, MD as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,055 per year, or $21.2 per hour.

Senior Agency Loan Processor (Multifamily Lending)

Community Preservation Corporation

Washington, DC • On-site

Other

Medical, Dental, Vision, Retirement, PTO

Re-posted 5 days ago

Job description

About Us:
The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships. A nationally recognized leader in affordable housing finance, CPC has provided a consistent source of capital to underserved housing markets throughout New York State since our inception in 1974.
Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $15 billion to finance the creation and preservation of more than 230,000 units of quality housing in neighborhoods across New York State and beyond. CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals: Expanding Affordable Housing, Closing the Racial Wealth Gap and Investing in the Green Economy.
As a member of our team, you'll have the opportunity to work on impactful projects that make a real difference in people's lives. We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration.
About CPC Mortgage Company:
CPC Mortgage Company is CPC's Agency lending subsidiary and is the only nonprofit-owned multifamily lender offering a suite of Freddie Mac, Fannie Mae, and Federal Housing Administration (FHA) multifamily mortgage products nationwide. Our products cover a range of borrower needs, from affordable, workforce, and conventional permanent mortgages to bridge and subordinate debt. Our team provides a unique blend of expertise that combines the trademark service and execution our borrowers value, with a focus on social impact through our investments in housing and communities.
Role Summary:
We're looking for a Senior Associate, Processing (Agency) who will provide loan processing support for our team. You will work with Underwriting Analysts, Underwriters, and/or Freddie Mac/Fannie Mae and Originations team on setup of loan applications and submission of loan packages. The ideal candidate is highly organized, proactive, and comfortable managing multiple deals with competing deadlines.
What You'll Do:
  • Independently coordinate and manage meetings, property site visits, due diligence activities, and key transaction milestones to support loan originations and underwriting efforts.
  • Assist in preparation, review, and submission of CPC applications, underwriting packages, Agency Multifamily loan processing documentation, and related materials, ensuring accuracy, completeness, and compliance with program requirements.
  • Serve as a primary point of contact among Underwriters, Analysts, Originators, Agency Multifamily representatives, borrowers, and third-party vendors to drive transactions forward and proactively resolve issues.
  • Independently assess documentation requirements for new loan originations and ensure all underwriting package components are collected, reviewed, and submitted within established deadlines.
  • Manage and oversee outstanding items lists and due diligence tracking, proactively communicating with borrowers, sponsors, and internal stakeholders to ensure timely delivery of required documentation.
  • Maintain, validate, and reconcile information within agency, company, and loan origination systems, ensuring data integrity throughout the transaction lifecycle.
  • Partner closely with Underwriters and Originators to ensure complete submissions and the preparation of materials for internal and external approval processes.
  • Coordinate the ordering, monitoring, and distribution of third-party reports, ensuring timely delivery and resolution of issues that may impact underwriting or closing timelines.
  • Monitor changes to Freddie Mac, Fannie Mae, CPC, and other applicable program requirements and provide recommendations to enhance internal processes and controls.
  • Conduct comprehensive reviews of loan files to confirm completeness, identify potential submission concerns, and escalate material issues as appropriate.
  • Participate in special projects, process improvement initiatives, training efforts, and other strategic departmental objectives.
Skills and Experience:
  • Bachelor's degree with 5+ years of relevant multifamily real estate finance or loan processing experience preferred.
  • Strong analytical, problem-solving, organizational, and multitasking skills.
  • Strong knowledge of Freddie Mac, Fannie Mae, affordable housing, and/or conventional multifamily lending programs, including documentation, underwriting, and closing requirements.
  • Demonstrated ability to independently manage multiple complex transactions simultaneously while meeting deadlines in a fast-paced environment.
  • Ability to work both independently and collaboratively, taking ownership of processes and driving transactions from inception through closing with minimal oversight.
  • Advanced proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook), Adobe Acrobat, and loan origination or underwriting systems.
What We Offer:
  • Competitive compensation
  • 401(k) retirement plans with employer match
  • Medical, dental, and vision benefits for employees and their dependents
  • Commuter benefits
  • PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability
  • Tuition assistance program
  • Two "work from anywhere" weeks per year
  • Summer Fridays
  • Collaborative working spaces
  • Service days to support our communities
  • Employee development and engagement events
  • More about our offerings and culture here

This is a remote role available in Washington DC and Texas. Periodic travel to our Manhattan, NY office may be required. The salary range is $85,000 - $100,000, dependent on experience and market factors.
Applicants must be authorized to work in the United States. The Community Preservation Corporation does not provide employment sponsorship of any kind. Candidates are responsible for ensuring they meet all minimum qualifications for the position at the time of application.
The Community Preservation Corporation is an Equal Opportunity Employer, and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.

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