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Loan Processor Jobs in Reston, VA (NOW HIRING)

You will assume full responsibility to guide new home purchasers through the loan process from loan application to approval and settlement. You will prequalify prospective buyers, review financing ...

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 ...

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 ...

Are you a detail-driven professional with a passion for organization and communication? We're looking for a Lot Acquisition Settlement Processor to manage the settlement and closing process for our ...

Are you a detail-driven professional with a passion for organization and communication? We're looking for a Lot Acquisition Settlement Processor to manage the settlement and closing process for our ...

Develop new connections and maintain ones by engaging customers throughout the loan process and life cycle, presenting tailored solutions based on customer needs * Manage the life cycle of loans ...

Manage the entire loan closing process to include meeting with customers and interfacing with appropriate Bank personnel to coordinate the completion of the necessary documentation * Possess a ...

Manage the entire loan closing process to include meeting with customers and interfacing with appropriate Bank personnel to coordinate the completion of the necessary documentation * Possess a ...

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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.
What are popular job titles related to Loan Processor jobs in Reston, VA? For Loan Processor jobs in Reston, VA, the most frequently searched job titles are:
What job categories do people searching Loan Processor jobs in Reston, VA look for? The top searched job categories for Loan Processor jobs in Reston, VA are:
What cities near Reston, VA are hiring for Loan Processor jobs? Cities near Reston, VA with the most Loan Processor job openings:
Mortgage Loan Officer

Mortgage Loan Officer

NVR, Inc.

Fairfax, VA • On-site

Full-time

Posted 25 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 is customer-focused and dedicated to the success of your team, we'd love to talk to you!
As a Loan Officer 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. You will assume full responsibility to guide new home purchasers through the loan process from loan application to approval and settlement. You will prequalify prospective buyers, review financing options, and assist in repairing credit-challenged purchasers as needed. You also serve as the primary point of contact for homebuyers with NVR Mortgage throughout the home buying process.
This position is based on-site in our community model homes and our NVR mortgage offices.
Primary Responsibilities
  • Remain knowledgeable on all available loan programs offered by NVRM, as well as broker offerings, to compete with lenders to earn each customer's business
  • Originate high quality loan applications and submit to the processing department along with all supporting documentation
  • Positively impact the customer experience, while maintaining weekly contact with all borrowers, brokers, NVR Mortgage staff, and NVR Homebuilding partners to answer questions regarding specific loans, share loan status, and build relationships
  • Develop and maintain strong partnerships with the NVR Homebuilding Sales team to support the monthly sales goals of each community
  • Educate sales team members on industry changes and new product offerings
  • Provide excellent service to the builder and homebuyer while meeting yearly performance goals

Qualifications
  • Must meet National and State licensing requirements
  • At least 2 years of professional experience in conventional and government loans
  • Strong knowledge of FNMA, FHA, and State housing loans
  • Strong selling, exemplary customer service, and vocational skills
  • Four-year degree preferred

Life at NVR
As the parent company of Ryan Homes, NVHomes and Heartland 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 will have mentors who share their knowledge, provide career guidance and encourage your success.
We offer a competitive base salary with excellent commission potential in this role. View more about our exceptional culture and comprehensive benefits at 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 sponsorships.

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