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Loan Processor Jobs in Silver Spring, MD (NOW HIRING)

NVR Inc

Loan Processor

Fairfax, VA

$55K - $65K/yr

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 ...

Crosscountrymortgage

Loan Processor

Columbia, MD

$18.50 - $24.75/hr

The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly ...

CrossCountry Mortgage

Loan Processor

Columbia, MD · On-site

$18.50 - $24.75/hr

The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly ...

NVR, Inc.

Loan Processor

Baltimore, MD · On-site

$55K - $65K/yr

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 ...

NVR, Inc.

Loan Processor

Fairfax, VA · On-site

$55K - $65K/yr

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 ...

Capital Bank

Mortgage Loan Processor

Rockville, MD

$25.51 - $35.71/hr

Position Purpose The Mortgage Loan Processor works closely with loan originators to process mortgage loans in order to provide a best-in-class customer experience. The Processor receives the ...

Capital Bank

Mortgage Loan Processor

Rockville, MD · On-site

$25.51 - $35.71/hr

Position Purpose The Mortgage Loan Processor works closely with loan originators to process mortgage loans in order to provide a best-in-class customer experience. The Processor receives the ...

Signature Federal Credit Union

Be Seen First

Home Equity | Mortgage Loan Processor

Alexandria, VA · On-site

$20.37 - $30.55/hr

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 ...

NFM, Inc.

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 ...

NFM Lending

Processor

Bethesda, MD · On-site

$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 ...

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All JobsLoan Processor JobsLoan Processor Jobs in Silver Spring, MD

Loan Processor information

See Silver Spring, MD salary details

$14

$22

$31

How much do loan processor jobs pay per hour?

As of Aug 4, 2026, the average hourly pay for loan processor in Silver Spring, MD is $22.02, according to ZipRecruiter salary data. Most workers in this role earn between $18.65 and $24.86 per hour, depending on experience, location, and employer.

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.

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 some roles may require in-office presence for document verification or meetings. Availability depends on the employer's policies and the specific job requirements.

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 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 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.

More about Loan Processor jobs
What are the most commonly searched types of Loan Processor jobs in Silver Spring, MD? The most popular types of Loan Processor jobs in Silver Spring, MD are:
What are popular job titles related to Loan Processor jobs in Silver Spring, MD? For Loan Processor jobs in Silver Spring, MD, the most frequently searched job titles are:
What cities near Silver Spring, MD are hiring for Loan Processor jobs? Cities near Silver Spring, MD with the most Loan Processor job openings:
Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Silver Spring, MD as of July 2026, with employment types broken down into 1% As Needed, 87% Full Time, 8% Part Time, and 4% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $45,805 per year, or $22 per hour.

Loan Processor

NVR Inc

Fairfax, VA

$55K - $65K/yr

Full-time

Posted 27 days ago

NVR rating

8.2

Company rating: 8.2 out of 10

Based on 42 frontline employees who took The Breakroom Quiz

13th of 80 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.

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.

This role pays $55,000 - $65,000 per year.

Employment Type: Full-Time

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