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Mortgage Document Processor Jobs (NOW HIRING)

Infrrd Inc

Customer Success Manager-Mortgage

Customer Success Manager (Mortgage Domain Specialist) We are Infrrd, a Gartner-recognized leader in AI-powered Intelligent Document Processing (IDP), helping global enterprises extract, understand ...

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GoRascal

Mortgage Loan Processor

Brooklyn, NY · On-site

$50K - $70K/yr

... documentation in a timely manner • Order the following property and loan documentation as ... process • Provide comprehensive loan packages for the mortgage underwriters so they can give ...

GoRascal

Mortgage Loan Processor

$50K - $70K/yr

... documentation in a timely manner • Order the following property and loan documentation as ... process • Provide comprehensive loan packages for the mortgage underwriters so they can give ...

EXPERT MORTGAGE LENDING LLC

Mortgage Processor

Troy, MI · On-site

$48K - $75K/yr

As a Mortgage Processor, you will manage loan files from initial submission through final approval ... Gather and review all required documentation for completeness and accuracy * Communicate with ...

Apply Early

EXPERT MORTGAGE LENDING LLC

Mortgage Processor

Troy, MI · On-site

$37K - $51K/yr

As a Mortgage Processor, you will manage loan files from initial submission through final approval, ensuring all documentation is accurate, complete, and in compliance with lender guidelines. You'll ...

EXPERT MORTGAGE LENDING LLC

Mortgage Processor

Troy, MI · On-site

$48K - $75K/yr

As a Mortgage Processor, you will manage loan files from initial submission through final approval ... Gather and review all required documentation for completeness and accuracy * Communicate with ...

Apply Early

EXPERT MORTGAGE LENDING LLC

Mortgage Processor

Troy, MI · On-site

$48K - $75K/yr

As a Mortgage Processor, you will manage loan files from initial submission through final approval ... Gather and review all required documentation for completeness and accuracy * Communicate with ...

Apply Early

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Mortgage Document Processor information

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How much do mortgage document processor jobs pay per hour?

As of Jul 5, 2026, the average hourly pay for mortgage document processor in the United States is $20.63, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $24.52 per hour, depending on experience, location, and employer.

Will MLO be replaced by AI?

Mortgage Loan Officers (MLOs) are unlikely to be fully replaced by AI, as their role involves complex customer interactions, judgment, and regulatory compliance that current AI cannot fully replicate. AI tools can assist MLOs by automating tasks like data entry and document review, but human expertise remains essential in decision-making and client communication.

How much does a mortgage broker make on a $500,000 mortgage?

Mortgage document processors typically do not earn commissions based on mortgage amounts; instead, mortgage brokers may earn a commission or fee that ranges from 0.5% to 1% of the loan amount. For a $500,000 mortgage, a broker's commission could be between $2,500 and $5,000, depending on the agreement and lender policies. The mortgage document processor's role is usually salaried or hourly, not commission-based, and their pay is not directly tied to the loan size.

What does a mortgage processor do?

A mortgage processor reviews and verifies loan application documents, ensuring all required information is complete and accurate. They coordinate with lenders, underwriters, and borrowers to facilitate the approval process, often using specialized software and adhering to regulatory guidelines.

What are mortgage document processors?

Mortgage document processors are professionals who handle and review the paperwork required for mortgage loan applications. They ensure that all necessary documents are complete, accurate, and comply with both lender and regulatory requirements. Their work involves verifying income, credit reports, property information, and ensuring timely submission of documents for loan approval. Mortgage document processors play a crucial role in streamlining the loan process and helping applicants move efficiently towards closing on their home purchase.

How much does a processor for a mortgage company make?

A mortgage document processor typically earns between $35,000 and $55,000 annually, depending on experience, location, and company size. Some roles may offer additional benefits or overtime opportunities, and proficiency with loan processing software can impact salary levels.

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

To thrive as a Mortgage Document Processor, you need strong attention to detail, knowledge of mortgage procedures, and familiarity with lending regulations, often supported by a high school diploma or relevant experience. Proficiency in loan origination systems (LOS), document management software, and understanding of compliance tools like Encompass or Calyx is typically required. Excellent organizational skills, communication, and the ability to work under tight deadlines set top performers apart. These skills ensure accurate processing, regulatory compliance, and smooth loan closings in a highly regulated and time-sensitive industry.

What are some common challenges faced by Mortgage Document Processors, and how can they be managed?

Mortgage Document Processors often encounter challenges such as handling tight deadlines, managing large volumes of paperwork, and ensuring all documents are accurate and compliant with regulations. Staying organized, maintaining clear communication with loan officers and underwriters, and using document management software effectively can help manage these challenges. Being detail-oriented and proactive in following up on missing or incomplete paperwork are also key strategies for success in this role.
More about Mortgage Document Processor jobs
What cities are hiring for Mortgage Document Processor jobs? Cities with the most Mortgage Document Processor job openings:
What job categories do people searching Mortgage Document Processor jobs look for? The top searched job categories for Mortgage Document Processor jobs are:
Mortgage Document Processor jobs near you
Infographic showing various Mortgage Document Processor job openings in the United States as of June 2026, with employment types broken down into 1% Locum Tenens, 79% Full Time, 18% Part Time, 1% Contract, and 1% Nights. Highlights an 85% Physical, 3% Hybrid, and 12% Remote job distribution, with an average salary of $42,911 per year, or $20.6 per hour.
Mortgage Loan Processor

Mortgage Loan Processor

Founders Federal Credit Union

Lancaster, SC • On-site

$34K - $46K/yr

Other

Medical, Dental, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description

Relax... Join our Team!
Founders Federal Credit Union helps our members attain their financial goals. Our innovative services, convenient locations, and friendly employees are dedicated to our members and their financial future. Founders Federal Credit Union is strongly committed to providing the highest level of quality service to our members. We realize our outstanding, dedicated employees make it all happen.
Are you a professional in the financial industry looking for a growing company to expand your career? If so, this position may be the right fit for you! We are in search of an individual with mortgage or finance experience who has a desire to grow in the mortgage industry. This individual will bring exceptional skills at multi-tasking, strong communication skills with both members and vendors, and the ability to grasp changing concepts quickly.
This position will be located on-site at either our Corporate Headquarters in Lancaster, SC or our back office operations center in Rock Hill, SC. Remote work is not available at this time.
Responsibilities and Duties:
The primary function of the Mortgage Loan Processor is to serve as the single point of contact for our members throughout the mortgage process and ensure each file is processed in a timely manner with accuracy. They will be responsible for gathering all required documentation and prepare the loan for Underwriting. They must also provide exceptional member service by overseeing the loan process from initial disclosure to closing and provide an on-going communication to all members in process. They will be responsible for accurately managing residential real estate loan documentation through our established systems, and reviewing it to ensure it is completed in full and complies with current regulations and policies.
Additional responsibilities include, but are not limited to:
  1. Guide all mortgage applicants through the mortgage process by following the set communication protocol guidelines and performing additional follow up with members when needed.
  2. Verify file information from Mortgage Application Processor and Mortgage Loan Officer.
  3. Review and confirm the submitted interest rates based on the interest rate sheet, determine when the interest rate can or cannot be locked, and lock application rates when needed.
  4. Work closely with Mortgage Loan Officer and mortgage staff to ensure mortgage loan applications are handled in a professional and timely manner.
  5. Must have excellent time management and organization skills, high level of accuracy, and the ability to multi-task in a fast pace environment with a high volume work queue.
  6. Must maintain integrity of all member sensitive data.
  7. Satisfy all loan conditions when received from Mortgage Underwriter, track outstanding documents and follow up with member to collect all required documentation for the mortgage loan.
  8. Ascertain loan file readiness for underwriting and submit files to the assigned Mortgage Underwriter.
  9. Validate that each loan file approval is within the established lending guidelines.
  10. Review credit reports for derogatory credit lines or disputes and other important factors.
  11. Proficiently utilize MortgageBot, Imageflow and DocMagic when preparing initial and final mortgage documents.
  12. Communicate with other industry professionals, including but not limited to, appraisers, settlement agents, county clerks and insurance companies.
    1. Request a real estate appraisal from a licensed real estate appraiser and follow-up until appraisal is received.
    2. Request preliminary real estate title opinion or title commitment and follow-up until legal work is received.
  13. Verify insurance by obtaining a copy of the policy and must be able to verify policyholders, property address, coverage amounts, policy dates and premiums.
  14. Ensure that loan files contain documents with proper signatures, dates, HMDA, escrow and other relevant data. Upload and accurately index all required mortgage documentation into ImageFlow.
  15. Set and confirm closing dates with the member and attorney along with adding or updating the information on the SharePoint Closing Calendar.
  16. Reflect efficiency and a positive member experience by creating a culture of accountability and high productivity.
  17. Must verify borrower's verification of employment and verification of mortgage/rent when needed.
  18. Achieve production goals as established by Founders Federal Credit Union.
  19. Comply with Founders' policies and procedures, as well applicable laws, regulations, and statutes issued by federal agencies such as NCUA and FFIEC, including, but not limited to, GLB and BSA. Employees have legal and regulatory obligations to respect and protect the privacy of information and its integrity and confidentiality.
  20. All other duties as assigned.

Qualifications:
  • Must have a two-year college degree, two years of prior loan processing experience, or two years of experience within a financial institution.
  • They must possess excellent organizational skills, communication skills, and self-motivation, as well as a positive attitude.
  • The individual must have a desire to learn and the ability to accept coaching.
  • Must work efficiently and independently in a fast-paced environment and have a strong attention to detail.
  • Always "Think Member" and look for opportunities to serve our membership in the best interest of the member and the credit union.
  • General knowledge of the real estate industry is desired.
Candidate must be available Monday-Thursday 8am-5pm, Friday 8am-6pm
Benefits:
As the Mortgage Loan Processor, you will receive hourly pay, including possible overtime, as well as an annual bonus based on performance.
Benefits provided include the following:
  • Paid Holidays
  • Paid PTO
  • Family-oriented culture that values work/life balance
  • Retirement Plan (401k with employer contributions + Pension Plan fully funded by FFCU)
  • Comprehensive Health and Dental Insurance
  • Life and Accidental Death & Dismemberment Insurance (at no cost to employee)
  • Voluntary Supplemental Life Insurance coverage for employee, spouse, and children
  • Health Care and Dependent Care Flexible spending accounts
  • Long Term Care Plan
  • Short-Term & Long-Term Disability Insurance
  • Tuition reimbursement to assist with furthering education
  • Certifications - Assistance with achieving and maintaining
  • Fit Founders Wellness Program

A pre-employment criminal background check, drug screen, consumer credit investigation, and previous employer reference check will be required.
EOE
#FoundersFCU

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