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Loan Processor Jobs in Warren, MI (NOW HIRING)

Extreme Loans

Mortgage Loan Processor

Southfield, MI · On-site

$40K - $80K/yr

Extreme Loans is looking for a detail-oriented, high-energy Mortgage Loan Processor to join our growing team in Southfield. You will serve as the essential "engine" of the loan process, ensuring ...

Tomo

Mortgage Loan Processor (Detroit)

Detroit, MI · On-site

$75K - $85K/yr

Mortgage Loan Processor At Tomo, we're on a mission to make the home buying process simple, transparent, and memorable. Our Loan Processors are trusted guides for customers, helping them navigate ...

Accenture

Home Equity Loan Processor

Detroit, MI · 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 ...

Accenture

Home Equity Loan Processor

Detroit, MI · 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 ...

Accenture

Home Equity Loan Processor

Detroit, MI · On-site

$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 ...

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All JobsLoan Processor JobsLoan Processor Jobs in Warren, MI

Loan Processor information

See Warren, MI salary details

$12

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How much do loan processor jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for loan processor in Warren, MI is $20.01, according to ZipRecruiter salary data. Most workers in this role earn between $16.92 and $22.60 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

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For Loan Processor jobs in Warren, MI, the most frequently searched job titles are:

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Cities near Warren, MI with the most Loan Processor job openings:

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Warren, MI as of August 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, and 20% Remote job distribution, with an average salary of $41,616 per year, or $20 per hour.

Mortgage Loan Processor

Extreme Loans

Southfield, MI • On-site

$40K - $80K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 23 days ago

Job description

Extreme Loans is looking for a detail-oriented, high-energy Mortgage Loan Processor to join our growing team in Southfield. You will serve as the essential "engine" of the loan process, ensuring files move smoothly from initial application to a successful closing.

As a primary point of contact, you will bridge the gap between loan officers, borrowers, underwriters, and sales agents. If you thrive in a fast-paced environment and take pride in precision and clear communication, we want to talk to you.


What You’ll Do

  • Pipeline Management: Act as the central hub for every loan file, coordinating effectively with borrowers, loan officers, and underwriters.
  • Documentation & Verification: Proactively collect, review, and organize all necessary financial documentation for the underwriting department.
  • Problem Solving: Identify potential hurdles in the loan file early and work with the team to find solutions for a "Clear to Close."
  • Closing Coordination: Once approved, ensure all files are complete and efficiently handed off to the closing department.
  • Communication: Provide world-class service by keeping all parties updated on the status of the loan at every milestone.

Requirements

  • Experience: Minimum of 1 year of mortgage processing experience (Required).
  • Education: High school diploma or equivalent (Required).
  • Reliability: Must be able to reliably commute to our Southfield, MI office (Required).
  • Technical Skills: Familiarity with modern LOS (Loan Origination Systems) and a high level of comfort with digital document management.

Skills for Success

  • Ability to manage an 8-hour shift in a dynamic office setting.
  • Strong organizational skills with the ability to handle multiple files simultaneously.
  • Excellent verbal and written communication skills.
  • A "team-first" attitude with a focus on growth and culture.

Benefits

We believe in taking care of our team members. At Extreme Loans, you’ll enjoy:

  • Financial Security: Competitive salary and 401(k) retirement plan.
  • Health & Wellness: Comprehensive Health, Dental, and Vision insurance.
  • Work-Life Balance: Paid Time Off (PTO) to recharge.
  • Environment: A collaborative, professional office setting.


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