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Loan Jobs (NOW HIRING)

Direct Mortgage Loans

Loan Originator

Elkridge, MD

About the Role: We're looking for a driven and relationship-focused Loan Originator to join our growing team at DML . In this role, you'll be the front line of our mortgage business--connecting with ...

LENDIFY HOME LOANS LLC

Loan Officer

Troy, MI · On-site

Job Overview About Lendify Home Loans Lendify Home Loans is one of the fastest growing mortgage brokerages in the country, proudly ranked among the top 50 UWM accounts. We specialize in providing ...

Constructive Loans, LLC

Loan Opener

Oakbrook Terrace, IL · Remote

$21.50 - $23/hr

Complete new loan setups within 24 hours of receiving a completed application to ensure timely processing * Request and obtain necessary documentation from borrowers, such as income verification ...

Novum Home Loans

Loan Officer

Austin, TX · Remote

$100K - $250K/yr

At Novum Home Loans, we're building a different kind of mortgage company - one designed to provide advice and value to the military community through their home buying journey. We believe the best ...

Veterans United Home Loans

Loan Coordinator

Columbia, MO · On-site

$50K - $80K/yr

As a Loan Coordinator, you'll guide the loan process from the time they're under contract through closing with care, passion, and integrity. Your role involves organizing loan details, reviewing ...

Mission Loans

Mortgage Loan Officer

Irvine, CA · On-site

$120K - $200K/yr

Mission Loans is looking for Mortgage Loan Officers to join our Irvine Office! As a Mortgage Loan Officer , you'll play a key role in helping clients navigate their financial journey by assessing ...

Milo.com

Loan Operations, Loan Closer

Miami, FL · On-site

The Loan Closer will join our Loan Operations team and will be responsible for closing loans once cleared from underwriting. The Loan Closer will finalize and send out the loan package while driving ...

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How much do loan jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for loan in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What is the difference between Loan and Mortgage Loan?

AspectLoanMortgage Loan
Required CredentialsVaries; often no specific certification neededRequires specific certifications or licensing for mortgage brokers
Work EnvironmentFinancial institutions, online platformsBanks, mortgage companies, real estate offices
Industry UsageGeneral lending across various sectorsReal estate and property financing
Common Search/ComparisonLoan vs Mortgage Loan

While both Loan and Mortgage Loan involve borrowing money, a Loan is a broad term covering various types of borrowing, whereas a Mortgage Loan specifically refers to loans secured by real estate. Mortgage loans are a specialized subset of loans used for property purchase or refinancing, often requiring specific certifications and involving real estate industry players. Understanding these differences helps borrowers choose the right financing option for their needs.

What are different loan career opportunities?

Different careers are available for people who want to work in the loan industry. Each of these careers requires a unique set of skills. For example, as a loan officer, your duties are to assess an application for a personal or commercial loan and use your financial capabilities to decide if the applicant can repay the loan. A loan originator, meanwhile, guides customers through the loan process. A mortgage broker’s responsibilities are to help clients find a loan that fits their needs and credit score, while a mortgage processor handles home loan application. Some loan officers may specialize in specific fields, such as student loans or commercial loans for small businesses.

Do loan officers make lots of money?

Loan officers typically earn a combination of a base salary and commissions based on the number and size of loans they process. Their income can vary widely depending on experience, location, and the volume of loans they handle, with some earning a substantial income in the financial services industry.

What are some common challenges faced by loan officers, and how can they be addressed?

Loan officers often encounter challenges such as managing high application volumes, meeting strict regulatory requirements, and ensuring clear communication with clients throughout the loan process. To address these, it's important to stay organized, be proactive in learning about compliance updates, and develop strong interpersonal skills to guide clients effectively. Many loan officers also benefit from using specialized software to streamline workflows and maintain accuracy, which helps in building trust with both clients and internal teams.

What skills do you need to be a loan officer?

A loan officer needs strong communication and interpersonal skills to evaluate applicants and explain loan options. They should have good analytical abilities, attention to detail, and knowledge of financial products and regulations. Proficiency with computer software and certifications such as a mortgage license can also be important.

What is a loan officer?

Loan officers are professionals who evaluate, authorize, or recommend approval of loan applications for individuals and businesses. They work at banks, credit unions, mortgage companies, and other financial institutions to help clients navigate the borrowing process. Their duties include reviewing financial information, explaining loan options, and ensuring compliance with lending regulations. Loan officers play a key role in helping people secure financing for homes, cars, businesses, and other needs.

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

To thrive as a Loan Officer, you need a solid understanding of financial principles, credit analysis, and lending regulations, typically supported by a bachelor's degree in finance or a related field. Familiarity with loan origination systems (LOS), credit scoring tools, and regulatory compliance software is essential. Strong interpersonal skills, attention to detail, and effective communication set top performers apart in this role. These skills and qualities are crucial for accurately assessing applicants, building client trust, and ensuring regulatory compliance throughout the lending process.
More about Loan jobs
What cities are hiring for Loan jobs? Cities with the most Loan job openings:
What are the most commonly searched types of Loan jobs? The most popular types of Loan jobs are:
What states have the most Loan jobs? States with the most job openings for Loan jobs include:
What job categories do people searching Loan jobs look for? The top searched job categories for Loan jobs are:
Loan jobs near you
Infographic showing various Loan job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 11% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Mortgage Loan Processor

MIDLAND FEDERAL SAVINGS AND LOAN ASSOCIATION

Bridgeview, IL • On-site

$40K - $56K/yr

Other

Medical, Dental, Vision, PTO

Posted 29 days ago

Job description

Job Title: Mortgage Loan Processor

Location: Remote

Job Type: Full Time

About Us:

Midland Federal Savings and Loan is a growing Bank / Mortgage Lender committed to helping individuals and families achieve their homeownership goals. We take pride in our customer-focused approach and high standards of accuracy, efficiency, and integrity.

Position Overview:

We’re seeking a detail-oriented Mortgage Loan Processor to join our team. The ideal candidate will be responsible for processing mortgage applications from start to finish—ensuring all documentation is complete, compliant, and ready for underwriting and closing. You’ll serve as a key point of contact between borrowers, loan officers, underwriters, and other stakeholders to move loans smoothly through the pipeline.

Key Responsibilities:

  • Review initial loan applications for completeness and accuracy.
  • Collect and verify borrower documentation (income, assets, credit, etc.).
  • Submit and track files through underwriting and closing stages.
  • Communicate regularly with loan officers, underwriters, and borrowers to resolve conditions and keep files on schedule.
  • Ensure compliance with all federal, state, and company lending regulations.
  • Maintain detailed records and meet processing deadlines.

Qualifications:

  • 2+ years of experience as a Mortgage Loan Processor (preferred).
  • Strong knowledge of FHA, VA, Conventional, and USDA loan programs.
  • Proficient in LOS systems
  • Excellent organizational and time management skills and high attention to detail.
  • Strong communication and customer service abilities (Written and Verbal)
  • Ability to manage multiple files in a fast-paced environment.
  • Ability to work with strict deadlines

What We Offer:

  • Competitive salary.
  • Health, dental, and vision insurance.
  • Paid time off.
  • Supportive, team-oriented work environment.
  • Opportunities for professional growth and advancement.

Apply