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Manager Home Equity Loan Processor Jobs (NOW HIRING)

SoFi

Home Equity Loan Closer

Charlotte, NC

The Home Equity Closing team manages the final stages of the loan process by working directly with members and title partners to schedule closings, prepare accurate closing packages, and keep loans ...

Kalsee Credit Union

Consumer Loan Processor

Portage, MI · On-site

$18 - $22.50/hr

The Consumer Loan Specialist coordinates consumer and home equity loan closings, manages collateral ... Communicate with members throughout the closing process, following up to obtain any outstanding ...

Kalsee Credit Union

Consumer Loan Processor

Portage, MI

$18 - $22.50/hr

... and home equity loan closings, manages collateral and title perfection, and ensures loan ... Communicate with members throughout the closing process, following up to obtain any outstanding ...

Kalsee Credit Union

Consumer Loan Processor

Portage, MI

$17.75 - $22.25/hr

The Consumer Loan Specialist coordinates consumer and home equity loan closings, manages collateral ... Communicate with members throughout the closing process, following up to obtain any outstanding ...

Virginia Credit Union

Home Equity Processor

Roanoke, VA

$46K - $56K/yr

To review all loan approval terms and ensure accurate information for closing and disbursement ... Report all Risk Management Policy violations in accordance with policy. Performs other duties as ...

LHH US

Loan Processor

Toano, VA

$50K - $70K/yr

In this role, you will prepare and process a variety of consumer, mortgage, home equity ... Coordinate with relationship managers, underwriters, attorneys, title companies, and closing agents ...

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Manager Home Equity Loan Processor information

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How much do manager home equity loan processor jobs pay per hour?

As of Aug 3, 2026, the average hourly pay for manager home equity loan processor 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 are the key skills and qualifications needed to thrive as a Manager Home Equity Loan Processor, and why are they important?

To thrive as a Manager Home Equity Loan Processor, you need in-depth knowledge of home equity lending, regulatory compliance, and loan processing, typically supported by a degree in finance or related field and relevant mortgage experience. Familiarity with loan origination systems (LOS), underwriting software, and compliance management tools is essential. Strong leadership, attention to detail, and effective communication are valuable soft skills that help manage teams and client relationships. These skills ensure accurate processing, regulatory adherence, and efficient team performance in a highly regulated lending environment.

What are some common challenges faced by a Manager Home Equity Loan Processor, and how can they be effectively addressed?

A Manager Home Equity Loan Processor often faces challenges such as balancing high loan volumes, ensuring compliance with evolving regulations, and coordinating efficiently with underwriters, loan officers, and clients. To address these, strong organizational skills and up-to-date knowledge of lending regulations are essential. Building clear communication channels within the team and implementing streamlined workflows can also help manage workloads and maintain accuracy, ensuring a smooth loan processing experience for both staff and customers.

How much does a loan officer make on a $500,000 loan?

A manager home equity loan processor typically does not earn a commission based on loan amounts; instead, loan officers may earn a commission or fee, which can range from 0.5% to 1% of the loan amount. For a $500,000 loan, this could translate to $2,500 to $5,000 in commissions or fees, depending on the institution and compensation structure. Compensation varies based on experience, location, and company policies.

What does a home equity loan processor do?

A home equity loan processor reviews and verifies loan applications, ensuring all required documentation is complete and accurate. They coordinate with borrowers, lenders, and underwriters to facilitate the approval process and ensure compliance with lending policies and regulations.

How much does a processor for a mortgage company make?

A home equity loan processor in a mortgage company typically earns between $40,000 and $60,000 annually, depending on experience, location, and company size. They review loan applications, verify documentation, and coordinate with clients and underwriters to ensure smooth processing.

What does a Manager Home Equity Loan Processor do?

A Manager Home Equity Loan Processor oversees the processing of home equity loan applications within a financial institution. They supervise a team of loan processors, ensure all loan files comply with regulations, and facilitate communication between applicants, underwriters, and other departments. Their responsibilities include reviewing loan documentation, resolving issues that arise during the loan process, and implementing policies to enhance efficiency and customer service. Ultimately, they play a key role in ensuring that home equity loans are processed accurately and in a timely manner.

Is MLO a stressful job?

A Manager Home Equity Loan Processor role can be stressful due to tight deadlines, high accuracy requirements, and managing multiple loan applications simultaneously. The job often involves detailed documentation, communication with clients and lenders, and adherence to regulatory standards, which can contribute to workplace pressure.
What cities are hiring for Manager Home Equity Loan Processor jobs? Cities with the most Manager Home Equity Loan Processor job openings:
What are the most commonly searched types of Home Equity Loan Processor jobs? The most popular types of Home Equity Loan Processor jobs are:
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Manager Home Equity Loan Processor jobs near you
Infographic showing various Manager Home Equity Loan Processor job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 83% Full Time, 15% Part Time, and 1% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Equity Loan Officer

Farmers Insurance Federal Credit Union

Burbank, CA • Remote

$65K - $75K/yr

Full-time

Posted 4 days ago

Job description

Job Summary

Originate and manage home equity loans and lines of credit (HELOCs) for members, including those generated through the Fintech loan channel. Guide members through the application process, conduct credit assessments, and ensure accurate loan documentation. Maintain strict compliance with TRID, RESPA, HMDA, and all applicable state and federal lending regulations, policies, and disclosures. Deliver a seamless lending experience, adapting to the unique workflow and increased volume associated with Fintech-based applications.

Responsibilities

Level I: Equity Loan Officer (Entry Level)

·         Originate standard home equity loan and HELOC applications, including those from the Fintech channel.

·         Learn and adapt to Fintech channel processes and workflows.

·         Collect, review, and validate applicant documentation and credit reports.

·         Analyze borrower qualifications and prepare required loan disclosures.

·         Assist with loan closings under supervision.

·         Support processors, underwriters, and closers to ensure timely application progression.

·         Develop foundational knowledge of mortgage products, lending guidelines, and regulatory requirements (TRID, RESPA, HMDA).

·         Build skills to manage increased and diverse loan volume from Fintech sources.

·         Experience: 0–2 years in mortgage lending or related financial services.

Level II: Equity Loan Officer (Intermediate)

·         Independently manage moderate to complex home equity loan and HELOC originations, including a significant portion from the Fintech channel.

·         Collect and review applicant documentation, analyze borrower qualifications, and prepare disclosures.

·         Ensure compliance with all relevant regulations and internal policies.

·         Collaborate across the department to support workflow, ensuring timely file progression and funding.

·         Contribute to process improvement initiatives and mentor entry-level team members.

·         Support team understanding of Fintech channel requirements and assist in workflow enhancements.

·         Analyze loan volume trends from Fintech sources and recommend process adjustments.

·         Maintain strong member relationships and deliver high-quality service.

·         Experience: 2–5 years in mortgage lending, equity loan originations, or related financial services.

Level III: Senior Equity Loan Officer (Advanced/Specialist)

·         Originate complex or high-value home equity loans and HELOCs, including those from the Fintech channel.

·         Collect and review documentation and credit reports for sophisticated transactions; analyze qualifications and prepare disclosures.

·        Serve as a subject matter expert, providing compliance oversight and resolving escalated issues.

·       Mentor junior staff and drive process improvements, including best practices for Fintech-originated loans and technology-driven workflows.

·         Lead cross-functional coordination to enhance workflow efficiency and outcomes.

·         Ensure best practices in regulatory compliance, member guidance, and loan documentation.

·         Represent the credit union in industry forums and contribute to product development or enhancement as needed.

·         Experience: 5+ years in mortgage lending, equity loan originations, or related financial services.

Qualifications

  • Comprehensive knowledge of lending regulations (TRID, RESPA, HMDA, etc.)
  • Proven ability to adapt to new loan origination channels, especially Fintech
  • Strong analytical skills to monitor and respond to loan volume and workflow trends
  • Exceptional attention to detail and commitment to regulatory compliance
  • Excellent communication and member service skills
  • Collaborative approach to supporting workflow and team success