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Loan Processor Jobs in Warwick, RI (NOW HIRING)

Mortgage Loan Processor

Providence, RI ยท On-site

$40K - $55K/yr

Mortgage Loan Processor Are you a detail-driven professional with a passion for helping people achieve homeownership? Semper Home Loans, a trusted and rapidly growing national mortgage lender, is ...

Mortgage Loan Processor

Providence, RI ยท On-site

$50K - $80K/yr

Process and prepare mortgage loan files from initial application to final approval. * Ensure compliance with bank, investor, and regulatory guidelines while delivering top-tier customer service.

Mortgage Processor

Middletown, RI ยท On-site

$39K - $54K/yr

Overview Performs a variety of loan processing and pre-underwriting duties in support of the residential lending activities in conformance with established Bank policies and procedures. This will be ...

Mortgage Processor

Middletown, RI ยท Hybrid

$39K - $54K/yr

Overview Performs a variety of loan processing and pre-underwriting duties in support of the residential lending activities in conformance with established Bank policies and procedures. This will be ...

Mortgage Processor

Middletown, RI ยท Hybrid

$39K - $54K/yr

Performs a variety of loan processing and pre-underwriting duties in support of the residential lending activities in conformance with established Bank policies and procedures. This will be a hybrid ...

Mortgage Processor

Middletown, RI ยท On-site

$39K - $54K/yr

Overview Performs a variety of loan processing and pre-underwriting duties in support of the residential lending activities in conformance with established Bank policies and procedures. This will be ...

As the Home Equity Senior Processo r, you will receive and evaluate documentation for loan ... Provides on the job training for newly hired processors. * Apply bank, state and federal ...

As the Home Equity Senior Processo r, you will receive and evaluate documentation for loan ... Provides on the job training for newly hired processors. * Apply bank, state and federal ...

POSITION DESCRIPTION Loan Officer BayCoast Mortgage Company Work Model: Hybrid (Flexible Work ... Guide borrowers through the mortgage process from application to closing, ensuring a smooth and ...

POSITION DESCRIPTION Loan Officer BayCoast Mortgage Company Work Model: Hybrid (Flexible Work ... Guide borrowers through the mortgage process from application to closing, ensuring a smooth and ...

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 ...

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Loan Processor information

See Warwick, RI salary details

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How much do loan processor jobs pay per hour?

As of Aug 24, 2026, the average hourly pay for loan processor in Warwick, RI is $20.81, according to ZipRecruiter salary data. Most workers in this role earn between $17.60 and $23.51 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.

What are the most commonly searched types of Loan Processor jobs in Warwick, RI?

The most popular types of Loan Processor jobs in Warwick, RI are:

What are popular job titles related to Loan Processor jobs in Warwick, RI?

For Loan Processor jobs in Warwick, RI, the most frequently searched job titles are:

What job categories do people searching Loan Processor jobs in Warwick, RI look for?

The top searched job categories for Loan Processor jobs in Warwick, RI are:

What cities near Warwick, RI are hiring for Loan Processor jobs?

Cities near Warwick, RI with the most Loan Processor job openings:

Infographic showing various Loan Processor job openings in Warwick, RI as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $43,292 per year, or $20.8 per hour.

Mortgage Loan Processor

Providence, RI โ€ข On-site

Semper Home Loans
Finance and Insuranceย โ€ขย 51 - 200 employees

$40K - $55K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Re-posted 4 days ago


Job description

Mortgage Loan Processor

Are you a detail-driven professional with a passion for helping people achieve homeownership? Semper Home Loans, a trusted and rapidly growing national mortgage lender, is looking for a Mortgage Loan Processor to join our headquarters team in Providence, RI. This is an exciting opportunity to thrive in a fast-paced, collaborative environment where your expertise will make a direct impact.

What You'll Do:
  • Process and prepare mortgage loan files from initial application to final approval.
  • Ensure compliance with bank, investor, and regulatory guidelines while delivering top-tier customer service.
  • Serve as the primary point of contact for borrowers, internal teams, and third-party providers, resolving inquiries and collecting critical documentation.
  • Manage a high-volume pipeline (35+ active loans) with accuracy and efficiency.
  • Leverage your advanced knowledge of Fannie Mae, Freddie Mac, VA, FHA, and USDA programs.
What We're Looking For:
  • Education: College degree preferred.
  • Experience: 2-5 years as a Mortgage Processor or Loan Officer Assistant.
  • Technical Skills: Strong grasp of credit policies, underwriting, and closing procedures; Encompass LOS experience is a plus.
  • Knowledge: Familiarity with Fair Housing Regulations preferred.
  • Strengths: Exceptional multitasking, organization, and deadline management skills.
  • Communication: Excellent written and verbal communication abilities.
  • No remote opportunities for this role. Strictly seeking someone to work full-time in our Providence office.
Why Join Semper?

We don't just offer a job, we offer a career. At Semper Home Loans, you'll be part of a supportive team culture where your skills are valued and your growth is encouraged.

Benefits & Compensation:
  • Comprehensive Health, Dental, and Vision Insurance.
  • 401(k) with 3% Employer Match of employee contributions.
  • Supplemental Benefits through Aflac.
  • Paid Time Off (vacation, sick, and personal days).
  • Competitive Base Salary + Commission Plan.
About Us:

At Semper Home Loans, we are more than lenders-we are partners in homeownership. Our team is dedicated to providing exceptional service and building lasting relationships with clients nationwide. We are proud to foster a diverse, equitable, and inclusive workplace and are an Equal Employment Opportunity (EEO) and Affirmative Action (AA) employer.

Ready to Grow With Us?

If you're a motivated loan processing professional ready to take your career to the next level, apply today and become a valued part of the Semper Home Loans family!