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Loan Processor Jobs in Davison, MI (NOW HIRING)

USA Mortgage

Licensed Loan Partner

Flint, MI · On-site

$45K/yr

Prepare files for submission to loan processing * Update and mine marketing database for new loans * Any other miscellaneous requirements of the team Primary Objectives Assist the MLOs with specific ...

PFCU

LMS Processor- PFCU Durand Branch

Durand, MI · On-site

$35K - $48K/yr

Processes approved loans and sets up date and time to close the loan and make disbursements. To provide information and assistance to auto dealerships, retail establishments, third party vendors and ...

United Wholesale Mortgage

Loss Mitigation Processor

Pontiac, MI · On-site

$39K - $54K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Loss Mitigation Processor plays a critical role in assisting borrowers who are experiencing ... Update and maintain loan servicing systems with accurate and timely information. Ensure compliance ...

United Wholesale Mortgage

Loss Mitigation Processor

Pontiac, MI · On-site

$39K - $54K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Knowledge of loss mitigation options (loan modification, forbearance, short sale, etc.) preferred. WHAT YOU WILL BE DOING Review, track, and process incoming loss mitigation applications and borrower ...

USA Mortgage

Mortgage Loan Originator

Flint, MI · On-site

$12.48/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Market and solicit residential loan business, ensuring all phases of the loan process are performed in accordance with company and regulatory guidelines * Advise and educate clients on the home ...

USA Mortgage

Mortgage Loan Originator

Flint, MI · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Market and solicit residential loan business, ensuring all phases of the loan process are performed in accordance with company and regulatory guidelines * Advise and educate clients on the home ...

DAS Acquisiton Company LLC

Mortgage Loan Originator

Flint, MI · On-site

$12.48/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Market and solicit residential loan business, ensuring all phases of the loan process are performed in accordance with company and regulatory guidelines * Advise and educate clients on the home ...

DAS Acquisiton Company LLC

Mortgage Loan Originator

Flint, MI · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Market and solicit residential loan business, ensuring all phases of the loan process are performed in accordance with company and regulatory guidelines * Advise and educate clients on the home ...

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Showing results 1-20

All JobsLoan Processor JobsLoan Processor Jobs in Davison, MI

Loan Processor information

See Davison, MI salary details

$12

$19

$27

How much do loan processor jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for loan processor in Davison, MI is $19.30, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $21.78 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

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What cities near Davison, MI are hiring for Loan Processor jobs?

Cities near Davison, MI with the most Loan Processor job openings:

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Davison, MI as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 18% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $40,135 per year, or $19.3 per hour.

Loan Processor - No Experience Required

United Wholesale Mortgage

Pontiac, MI

$18.50 - $24.75/hr

Full-time

Re-posted 18 days ago

United Wholesale Mortgage rating

7.8

Company rating: 7.8 out of 10

Based on 98 frontline employees who took The Breakroom Quiz

97th of 150 rated financial services

Job description

Overview

United Wholesale Mortgage is firmly committed to excellence and empowers individuals to become the best version of themselves. We provide opportunities to individuals who want to excel within the mortgage industry. We are an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

  • Paid time off (PTO)
  • Promotion and growth opportunities offered
  • Comprehensive health, dental and vision benefits offered
  • Weekly paychecks
  • Free 24/7 gym
  • Complimentary fruit and drinks

Responsibilities

  • Entering data
  • Splitting and labeling loan packages
  • Ordering verifications of income
  • Verifying Social Security Numbers
  • Indexing of loan conditions
  • Ordering and uploading documents
  • Loan verification
  • Submitting summary report reviews
  • Reviewing state and federal compliance
  • Handling inbound and outbound calls

Qualifications

Must Have Qualifications:

  • High school diploma or equivalent
  • No Mortgage experience necessary
  • Comfortable with technology (experience using dual monitors)
  • Process oriented
  • Comfortable talking with clients over the phone
  • Ability to multitask and adapt to change
  • Positive attitude and willingness to learn
  • Strong attention to detail
  • Experience in a professional or office setting

What United Wholesale Mortgage employees say

Pay

Benefits

Hours and flexibility

Workplace

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