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Loan Processor Jobs in Howell, MI (NOW HIRING)

DAS Acquisiton Company LLC

Licensed Loan Partner

Flint, MI · On-site

$34K - $46K/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 ...

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 ...

USA Mortgage

Mortgage Loan Originator

Flint, MI

$12.48/hr

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

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 ...

Michigan First

Mortgage Loan Officer

Plymouth, MI

Advise and educate clients on the home-buying or refinance process and how to better manage their mortgage needs. * Meets mortgage loan operational standards by contributing mortgage loan information ...

Michigan First

Mortgage Loan Officer

Brighton, MI

Advise and educate clients on the home-buying or refinance process and how to better manage their mortgage needs. * Meets mortgage loan operational standards by contributing mortgage loan information ...

Mercantile Bank

Mortgage Loan Officer

Northville, MI

Guide customers through every step of the loan process-from application to closing-while enjoying tailored support that helps you shine. * Deliver Excellence: Work with a dedicated team to provide ...

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Loan Processor information

See Howell, MI salary details

$12

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How much do loan processor jobs pay per hour?

As of Aug 26, 2026, the average hourly pay for loan processor in Howell, MI is $19.93, according to ZipRecruiter salary data. Most workers in this role earn between $16.88 and $22.50 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 Howell, MI as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 16% Part Time, 3% Contract, and 1% Nights. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $41,462 per year, or $19.9 per hour.

Licensed Loan Partner

Flint, MI • On-site

DAS Acquisiton Company LLC
See more jobs at DAS Acquisiton Company LLCexternal

$34K - $46K/yr

Full-time

Re-posted 29 days ago

Job description

Description:


DAS Acquisition Company, LLC/USA Mortgage is 100% employee owned! Our mission is the relenting pursuit of perfection. We pride ourselves on leading excellence and the superior level of service that our status as a mortgage bank enables us to provide. Since 2001 USA Mortgage/ DAS Acquisition, LLC has been rated a top choice for a residential lender in the St. Louis metropolitan area by St. Louis Business Journal. Our ongoing success is driven by our strategy to deliver our clients a level of service unrivaled in the mortgage industry. We recognize that people are our competitive advantage. That’s why we put so much emphasis on ensuring that DAS Acquisition Company, LLC is a great place to work.


What You'll Do

Assist Mortgage Loan Originators (MLO) in the administration and processing of mortgage loans to ensure efficient loan processing in all phases of the loan transaction.


Major Areas of Responsibilities

  • Assist MLOs with loan clerical functions
  • Conduct preliminary research needed on the loan to help determine mortgage eligibility.
  • Set signing appointments. Provide customer service to clients.
  • 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 tasks to allow the MLO to be most effective and productive in his/her role.

Pull and analyze research regarding the property, credit, and other aspects of the file.


Specific Responsibilities

  • Make copies of borrower information, filing, and other administrative duties as instructed by the Loan Officer.
  • Assist in pre-qualifications and pre-approval orders as instructed by the Loan Officer. Pull credit reports and running AUS. Contact borrower for any and/or additional information required. Set signing appointments.
  • Communicate with parties to schedule and set signing appointment.
  • Assist in pre-qualifications and pre-approval orders as instructed by the Loan Officer. Pull credit reports and running AUS. Contact borrower for any and/or additional information required. Data input function including setting up new customer files with application data.
  • Update the Loan Officer’s database, mail thank-you notes to customers and realtors.
  • Clerical ad hoc duties, as needed.



Requirements:

Job Requirements

  • Administrative assistance, clerical, and customer service knowledge and experience. Mortgage banking industry, familiar with Conventional, FHA, and VA mortgage products. Clear understanding of the current RESPA laws and guidelines.
  • Teamwork and productivity skills. Must possess excellent problem solving and customer service skills.
  • P/C computer skills with solid understanding of MS Office and the ability to use the loan origination system. Encompass experience a plus.
  • Administrative practices and procedures.
  • Teamwork, customer service, motivation, design, ethics, safety & security, project management, business acumen and professionalism.

Education & Experience

  • High school diploma or equivalent required. 2-4 year college curriculum preferred.
  • Minimum one year experience and/or training.
  • Knowledge of Encompass Database software and or equivalent along with basic computer skills.

Work Environment

  • Office environment. Daily computer use and close vision. Regular attendance is required.
  • Fast paced, high volume activities.
  • In order to succeed in this position, attention to detail in a fast-paced environment with excellent sales and customer service skills is a must.


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