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Mortgage Doc Drawer Jobs (NOW HIRING)

POINT MORTGAGE CORPORATION

Closer

Chicago, IL

$20 - $25/hr

... Doc Drawer and / or Funder. * Knowledge of Fannie Mae, Freddie Mac, FHA/VA loan process and standard guidelines, escrow/title practices, as well as regulatory compliance as they apply to mortgage ...

Longbridge Financial

Reverse Mortgage Closer

Mahwah, NJ · On-site

Qualifications Qualifications Minimum of three years as a closer, funder or doc drawer Reverse mortgage industry experienced preferred Ability to prepare routine administrative paperwork Organizing ...

Longbridge Financial

Reverse Mortgage Closer

Mahwah, NJ · On-site

Qualifications Qualifications • Minimum of three years as a closer, funder or doc drawer • Reverse mortgage industry experienced preferred • Ability to prepare routine administrative paperwork ...

theLender

Be Seen First

Mortgage Account Manager Assistant (Remote)

Lake Forest, CA · Remote

$22 - $25/hr

Communicate with loan originator, underwriter, funder, doc drawer or Territory Manager as required ... mortgage - one partnership, one loan, and one day at a time.

New

loanDepot

Account Manager (Wholesale)

Chandler, AZ · On-site +1

$18.27 - $31.73/hr

Communicates with our Joint Venture partner, underwriters, funders, doc drawers, etc. as required ... Minimum of 1 years proven and progressive mortgage lending experience, or equivalent. * Bachelor ...

All JobsMortgage Doc Drawer Jobs

Mortgage Doc Drawer information

See salary details

$42K

$58.6K

$75K

How much do mortgage doc drawer jobs pay per year?

As of Jun 12, 2026, the average yearly pay for mortgage doc drawer in the United States is $58,571.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,000.00 and $66,000.00 per year, depending on experience, location, and employer.

What is a Mortgage Doc Drawer?

A Mortgage Doc Drawer is a professional responsible for preparing, reviewing, and assembling the legal documents required to close a mortgage loan. They ensure all documents, such as loan agreements, disclosures, and closing statements, are accurate and comply with regulations. Doc Drawers work closely with loan officers, underwriters, and title companies to facilitate a smooth closing process. Their attention to detail helps prevent errors that could delay or jeopardize the mortgage transaction.

What skills do you need to be a loan documentation specialist?

A mortgage document drawer needs strong attention to detail, excellent organizational skills, and knowledge of loan documentation requirements. Proficiency with document management software and understanding of mortgage lending processes are also important. Good communication skills help in coordinating with loan officers and clients to ensure accurate and complete documentation.

What is the difference between Mortgage Doc Drawer vs Mortgage Loan Processor?

AspectMortgage Doc DrawerMortgage Loan Processor
Primary RolePrepares and organizes mortgage documents for closingReviews, verifies, and processes loan applications and documentation
CredentialsTypically requires basic knowledge of mortgage documents; certifications are optionalOften requires mortgage licensing or certifications; more comprehensive training
Work EnvironmentOffice setting, often in mortgage or real estate firmsOffice environment, working closely with loan officers and underwriters
Industry UsageCommonly used in mortgage and real estate sectorsWidely used across mortgage lending institutions

While both roles are involved in the mortgage process, the Mortgage Doc Drawer primarily focuses on preparing and organizing documents for closing, whereas the Mortgage Loan Processor handles the review and verification of loan applications throughout the approval process. Understanding these differences helps clarify career paths and job expectations within the mortgage industry.

What are some common challenges faced by a Mortgage Doc Drawer and how can they be managed effectively?

Mortgage Doc Drawers often face challenges such as tight deadlines, frequent regulatory updates, and the need for meticulous attention to detail. Managing these challenges effectively involves staying organized, proactively communicating with loan officers and underwriters, and keeping up-to-date with the latest compliance requirements. Developing strong multitasking skills and utilizing document management software can help streamline the process and reduce errors, ensuring that loan documents are accurate and delivered on time.

What jobs in the US pay 300,000 a year?

Mortgage document drawers typically do not earn $300,000 annually; high-paying roles in finance, law, medicine, and executive management are more likely to reach that level. Positions such as senior attorneys, investment bankers, specialized physicians, and C-suite executives often have salaries at or above this threshold, especially with experience and advanced certifications. These roles usually require extensive education, skills, and experience.

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

A mortgage document drawer, often working alongside loan officers, typically earns a fee or commission based on the loan amount, which can range from 0.5% to 1% of the loan. For a $500,000 loan, this could translate to $2,500 to $5,000 in fees or commissions, depending on the lender and compensation structure. Loan officers may also earn a salary or bonuses based on loan volume and performance.

What job makes $10,000 a month without a degree?

A mortgage document drawer can earn around $10,000 a month by preparing and reviewing mortgage documents, often requiring strong attention to detail and knowledge of loan processes. While some roles may require experience or certifications, high-volume or specialized positions in the mortgage industry can reach this income level without a formal degree.

What are the key skills and qualifications needed to thrive as a Mortgage Doc Drawer, and why are they important?

To thrive as a Mortgage Doc Drawer, you need a strong understanding of mortgage loan processes, attention to detail, and experience with real estate documents, often supported by a high school diploma or equivalent. Familiarity with loan origination systems (LOS) such as Encompass or Calyx, and knowledge of compliance regulations like TRID, is typically required. Excellent organizational skills, time management, and effective communication make someone stand out in this role. These abilities ensure accurate and timely preparation of loan documents, minimize errors, and help maintain regulatory compliance throughout the mortgage process.
More about Mortgage Doc Drawer jobs
What job categories do people searching Mortgage Doc Drawer jobs look for? The top searched job categories for Mortgage Doc Drawer jobs are:
Mortgage Doc Drawer jobs near you
Infographic showing various Mortgage Doc Drawer job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $58,571 per year, or $28.2 per hour.
Closer

Closer

POINT MORTGAGE CORPORATION

Chicago, IL

$20 - $25/hr

Full-time

Posted 23 days ago

Job description

Job Purpose:

The closer will have an extensive knowledge of mortgage loan products, loan documents, loan funding requirements and escrow/ title practices, as well as regulatory compliance laws as they apply to mortgage lending transactions to deliver quality execution of closing loan documents. The closer will assist in managing file flow and be an advocate from CTC Finished through Loan Documents Completed milestones.

Duties & Responsibilities:

  • Manage and monitor loans cleared for closing in Loan Documents Pipeline in Encompass.
  • Review and ensure the accuracy and timeliness of delivery of loan documents.
  • Ensure data integrity by reviewing loan data in Encompass, Final AUS & UW Approval, 1008 & 1003.
  • Verify lock information, pricing, and final doc order form are accurate and consistent.
  • Verify title report is not expired through funding.
  • Review loan for compliance with RESPA, RESPA tolerance, LE/CD.
  • Review, balance and draft initial and final CDs; ability to coordinate with settlement agent regarding balancing of fees for closing.
  • Review and confirm borrower and property information are accurate and consistent with Encompass, appraisal report, purchase contract, and title policy.
  • Review and complete loan doc audit prior to release of closing loan documents to escrow and notary.
  • Ability to cross train within Closing Department to fulfill funding duties on an as need basis.
  • Assist with logging executed closing loan documents received on an as need basis.
  • Performs other duties as assigned, including assisting other team members and management as needed.
  • Maintain a high degree of confidentiality.
  • Maintain consistent and satisfactory attendance per department needs and capacity.

Position Requirements:

  • At least 3+ years current experience as Doc Drawer and / or Funder.
  • Knowledge of Fannie Mae, Freddie Mac, FHA/VA loan process and standard guidelines, escrow/title practices, as well as regulatory compliance as they apply to mortgage transactions.
  • Proficient with mortgage operating systems, preferably Encompass.
  • Experience with Paperless and E-Documents.
  • Ability to multi task and shift priorities, as well as prioritize with a sense of urgency.

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