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Loan Processor Jobs in Reston, VA (NOW HIRING)

Loan Processor

Dumfries, VA · On-site

$18.50 - $24.75/hr

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...

Mortgage Loan Processor III

Ashburn, VA · Remote

$40K - $56K/yr

Waterstone Mortgage is seeking a highly skilled Mortgage Loan Processor to take ownership of complex residential loan files from contract through closing. In this role, you will manage the full ...

Mortgage Loan Processor III

Ashburn, VA · On-site

$40K - $56K/yr

Waterstone Mortgage is seeking a highly skilled Mortgage Loan Processor to take ownership of complex residential loan files from contract through closing. In this role, you will manage the full ...

Home Equity Loan Processor

Arlington, VA · Remote

$23.13 - $48.13/hr

The Home Equity Loan Processor will: Key Responsibilities: * Ability to meet production, quality and service standards with emphasis on delivering exquisite customer service * Manage a large pipeline ...

Be Seen First

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 ...

Mortgage Loan Partner II

Ashburn, VA · Remote

$40K - $56K/yr

Work as a liaison for Loan Originators and with processing to help coordinate weekly pipeline meetings with each Loan Originator for accurate file tracking. * Responsible for submitting complete loan ...

Mortgage Loan Partner II

Ashburn, VA · On-site

$40K - $56K/yr

Work as a liaison for Loan Originators and with processing to help coordinate weekly pipeline meetings with each Loan Originator for accurate file tracking. * Responsible for submitting complete loan ...

Processor

Bethesda, MD · On-site +1

$28.85 - $33.66/hr

This role involves coordinating with loan originators, borrowers, and third-party vendors to facilitate timely closings. The Processor ensures compliance with company policies, lender guidelines, and ...

Processor

Bethesda, MD

$28.85 - $33.66/hr

This role involves coordinating with loan originators, borrowers, and third-party vendors to facilitate timely closings. The Processor ensures compliance with company policies, lender guidelines, and ...

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 ...

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 ...

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Loan Processor information

See Reston, VA salary details

$14

$22

$32

How much do loan processor jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for loan processor in Reston, VA is $22.16, according to ZipRecruiter salary data. Most workers in this role earn between $18.75 and $25.00 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Loan Processor, and why are they important?

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 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 loan processors?

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 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.

What does a loan processor do?

A loan processor reviews and verifies loan applications, gathers necessary documentation, and ensures all information complies with lending guidelines. They coordinate with borrowers, underwriters, and lenders to facilitate the approval process and may use loan processing software to manage cases efficiently.

Is it hard to become a loan processor?

Becoming a loan processor typically requires a high school diploma or equivalent, strong organizational skills, and attention to detail. Some employers prefer candidates with experience in banking or finance, and familiarity with loan processing software can be beneficial. The role often involves on-the-job training and may require passing background checks.
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Loan Processor

Loan Processor

NVR Inc

Dumfries, VA • On-site

$18.50 - $24.75/hr

Full-time

Posted 9 days ago


NVR rating

8.4

Company rating: 8.4 out of 10

Based on 41 frontline employees who took The Breakroom Quiz

8th of 78 rated construction


Job description

If you're a bright, energetic individual who's customer-focused and dedicated to the success of your team, we'd love to talk to you.

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes. You will impact the lives of our customers while working in an environment of respect, empowerment, and professional development. Your customer service expertise and financial background will allow you to help families purchase high quality homes in your community. You will act as a liaison between the borrower, sales team, and underwriting department to ensure a helpful and friendly home buying experience.

This position is based on-site in our NVR mortgage offices.

Primary Responsibilities

  • Positively impact the customer experience, while maintaining frequent communication and providing exceptional customer service to homebuyers
  • Maintain ongoing communication with NVR Mortgage and Homebuilding staff throughout the entire loan process
  • Manage multiple loan files, collect and record customer information, and ensure timely processing of mortgages
  • Set up loan files, order all exhibits (i.e., VOE's, VOD's credit report, etc.), and follow up on submitted and pending loans.
  • Coordinate closing paperwork, ensure accuracy and completeness of loan files prior to passing to the closing department

Qualifications

  • Excellent customer service, and strong oral and written communication skills
  • Strong organization skills, attention to detail, and ability to multi-task
  • At least 2 years of experience processing loans, preferred
  • Working knowledge of real estate documentation, underwriting policies, compliance, and procedures, preferred

Life at NVR

As the parent company ofRyan Homes,NVHomesandHeartland Homes, NVR is a Top 5 US homebuilder and Fortune 500 company that has been helping families build their happily ever after since 1948. We are committed to your success and we will give you the tools, training, and industry knowledge you need to excel and thrive. All of our roles at NVR, whether you are in the field or in the office, allow you to make a major impact in the lives of those who are looking to achieve home ownership. Our management team is tenured and talented (nearly 80% of them promoted from within), so you willhavementors who share their knowledge, provide career guidance and encourage your success.

View more about ourexceptionalculture andcomprehensivebenefits at https://www.nvrcareers.com/.

We are an Equal Opportunity Employer.
Drug Testing and Credit Check are required.
Applicants must be legally entitled to work in the United States, as NVR does not provide visa sponsorship.

Employment Type: Full-Time

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