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Loan Processor Jobs in Racine, WI (NOW HIRING)

Enova International

Be Seen First

Loan Processor (Remote)

Milwaukee, WI · Remote

$17/hr

As a Loan Processor, you will specialize in a specific brand through our comprehensive 3-week training program. Following training completion, your main responsibility will be processing loan ...

New

Hilltop Holdings

Loan Originator NE

Brookfield, WI · On-site

Oversees the loan process by monitoring loan status and ensures conformity with terms. * Communicates loan status to all interested parties, and obtains loan documentation after closing. * Presents ...

landmarkcu

Commercial Loan Coordinator

New Berlin, WI · On-site

PRINCIPAL ACCOUNTABILITIES 1. Facilitates the loan closing process by serving as liaison between lenders, external legal counsel, title companies, and internal credit and loan processing departments ...

Self Help

Mortgage Loan Assistant

Milwaukee, WI

$24.81 - $26.76/hr

Work with mortgage loan processors on loan applicationsin accordance withpolicies and procedures * Monitor workflow to assuretimelyprocessing of loans * Actively cross-sell Credit Union products and ...

Dunmor

Loan Originator

Milwaukee, WI · On-site +1

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 ...

USA Mortgage

Mortgage Loan Originator

Milwaukee, WI

$7.25/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 ...

Wintrust

Loan Originator - (Illinois)

Antioch, IL · On-site

The primary responsibility is to bring in new loan requests into the bank for processing. The Loan Originator is the primary contact for the loan applicant. Essential Duties and Responsibilities

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Loan Processor information

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How much do loan processor jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for loan processor in Racine, WI is $19.97, according to ZipRecruiter salary data. Most workers in this role earn between $16.92 and $22.55 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 are the most commonly searched types of Loan Processor jobs in Racine, WI?

The most popular types of Loan Processor jobs in Racine, WI are:

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For Loan Processor jobs in Racine, WI, the most frequently searched job titles are:

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Cities near Racine, WI with the most Loan Processor job openings:

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Racine, WI as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 16% Part Time, 3% Contract, and 3% Nights. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $41,547 per year, or $20 per hour.

Mortgage Loan Processor

Tri City National Bank

Milwaukee, WI • On-site

$30/hr

Other

Medical, Dental, Vision, Retirement, PTO

Re-posted 29 days ago

Job description

Mortgage Loan Processor

Invest In You! Tri City National Bank is not just a bank; it's your community banking partner, deeply committed to prioritizing customers, building strong relationships, and fostering a sense of belonging. Our team-oriented environment offers exceptional opportunities for personal and professional growth, celebrating success, and providing excellent benefits along the way. We believe in unparalleled customer service and the right banking solutions to help fulfill financial dreams and contribute to community growth.

As a Mortgage Loan Processor, you'll play a key role in preparing accurate, compliant loan files for underwriting approval. You'll handle various loan types, ensure deadlines are met, and help customers achieve homeownership—all while navigating the latest industry tools and regulations.

Compensation: $30.00+ per hour depending on experience. This position is located in office at our Operation Center in West Allis, WI.

Responsibilities
  • Process loans utilizing FHA, VA, Conventional, WHEDA and other loan programs by reviewing documentation and submitting complete files for underwriting approval.
  • Prepare initial disclosures and re-disclosures (per Regulation Z) to meet all regulatory deadlines.
  • Verify supporting documents like appraisals, credit reports, income, title commitments, and flood determinations to ensure files are complete and accurate.
  • Monitor daily pipeline reports, keeping track of commitment and rate expiration dates, and promptly updating loan officers on status changes.
  • Professionally update loan officers, customers, and third-party vendors on loan status and any missing documentation.
  • Stay current on Federal and State regulations (RESPA, Regulation Z, B, HMDA, ECOA, FCRA) and ensure all files meet compliance standards.
  • Mentor less experienced team members and serve as backup for other processors as needed.
  • Accurately enter required data in HMDA/CRA reports and handle adverse action applications.
Qualifications
  • 3+ years in mortgage loan processing, including experience with Freddie Mac or Fannie Mae guidelines.
  • Proficiency with mortgage processing software (MeridianLink LOS preferred) and Microsoft Office.
  • Strong organizational skills with excellent attention to detail.
  • Ability to professionally communicate with customers, staff, and third parties in a timely manner.
  • Familiarity with real estate lending guidelines and federal compliance requirements.
  • Ability to prioritize tasks, work independently, and meet deadlines while maintaining confidentiality.

Why Join Us:

  • Community Impact: Be part of a local bank deeply rooted in community values, contributing to the growth and prosperity of our neighborhoods.
  • Innovation: Embrace a dynamic and evolving work environment that encourages fresh perspectives and continuous learning.
  • Career Growth: Unlock future opportunities for personal and professional development as you navigate through our Pathways for Success.
  • Celebration of Success: Join a team that values and celebrates individual and collective achievements.
  • Work Life Balance: No early mornings or late nights, enjoy a predictable schedule with major holidays off.
  • Great Employee Benefits that start on the 1st of the month after your hire date!
    • Part-Time:
      • 401(k) with company match**
      • Up to 20 hours of paid vacation after 6 months
    • Full-Time:
      • 401(k) with company match
      • Tuition reimbursement
      • Medical, dental, and vision coverage
      • Paid vacation and more!

Equal Opportunity Employer/Veterans/Disabled

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Reasonable Accommodation

If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact Human Resources at 414-761-1610 or hr2@tcnb.com

(**Must be 21 to enroll in 401(k), and must work an average of 20+ hours per week in order to be eligible for paid vacation.)

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