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Mortgage Loan Processor Trainee Jobs (NOW HIRING)

Waterstone Mortgage

Mortgage Loan Processor

Knoxville, TN · On-site

$38K - $52K/yr

High school diploma or general education degree (GED) along with 3+ years of mortgage loan processing experience. COMPUTER SKILLS: Previous experience in Encompass LOS is required. Individuals in ...

Waterstone Mortgage

Mortgage Loan Processor

Knoxville, TN · On-site

$34K - $47K/yr

High school diploma or general education degree (GED) along with 3+ years of mortgage loan processing experience. COMPUTER SKILLS: Previous experience in Encompass LOS is required. Individuals in ...

Workway

Mortgage Loan Processor

Phoenix, AZ · On-site

$50K - $70K/yr

Currently, we have a Mortgage Loan Processor opportunity with our client, a well-established and growing mortgage lender. This is an excellent opportunity for a seasoned mortgage professional who can ...

Workway, Inc.

Mortgage Loan Processor

Phoenix, AZ · On-site

$50K - $60K/yr

Currently, we have a Mortgage Loan Processor opportunity with our client, a well-established and growing mortgage lender. This is an excellent opportunity for a seasoned mortgage professional who can ...

ABSM

Mortgage Loan Processor

Miami Lakes, FL · On-site

$50K/yr

Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking ...

OwnersChoice

Mortgage Loan Processor

Albany, NY · On-site

$39K - $54K/yr

Mortgage Loan Processor More than 30 years ago, credit union leaders founded OwnersChoice specifically to serve the unique mortgage requirements of credit unions and their members. Assisting credit ...

eContractors

Mortgage Loan Processor

Katy, TX · On-site

$23 - $29/hr

As we continue to grow, we're looking for a Mortgage Loan Processor who shares our values of accuracy, speed, integrity, and client care. About the Role We are seeking a highly organized and ...

CMS Mortgage Solutions

Mortgage Loan Processor

$40K - $56K/yr

Description We are seeking a detail-oriented and experienced Mortgage Loan Processor to play a critical role in converting conditional approvals to clear-to-close statuses, effectively driving ...

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Mortgage Loan Processor Trainee information

See salary details

$28.5K

$50.9K

$94.5K

How much do mortgage loan processor trainee jobs pay per year?

As of Aug 10, 2026, the average yearly pay for mortgage loan processor trainee in the United States is $50,903.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,000.00 and $55,000.00 per year, depending on experience, location, and employer.

What is the difference between Mortgage Loan Processor Trainee vs Mortgage Loan Processor?

AspectMortgage Loan Processor TraineeMortgage Loan Processor
CredentialsTypically entry-level, may require a high school diploma or equivalentRequires experience, knowledge of loan processing, and often certifications
Work EnvironmentTraining environment, supervised, learning on the jobFull responsibilities, independent processing of loans
Employer & Industry UsageUsed in banks, mortgage companies during onboardingEstablished role in mortgage lending institutions
Search & Comparison IntentLearning role, entry-level positionExperienced role, responsible for processing loans

The Mortgage Loan Processor Trainee is an entry-level position focused on learning the fundamentals of loan processing under supervision. In contrast, the Mortgage Loan Processor is a fully responsible role that involves independently managing the loan processing workflow. The trainee role is ideal for those starting in the industry, while the processor role requires prior experience and expertise.

What are some common challenges faced by mortgage loan processor trainees, and how can they be overcome?

Mortgage Loan Processor Trainees often encounter challenges such as managing a high volume of documentation, meeting tight deadlines, and learning to interpret complex financial information. It's important to develop strong organizational skills and attention to detail, as missing or incomplete paperwork can delay loan approvals. Effective communication with loan officers, underwriters, and clients is also crucial to ensure all necessary information is gathered promptly. Seeking guidance from experienced colleagues and staying updated on industry regulations can help trainees navigate these challenges and build confidence in the role.

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

To thrive as a Mortgage Loan Processor Trainee, you need strong attention to detail, basic knowledge of lending practices, and at least a high school diploma or equivalent. Familiarity with loan origination software (LOS), document management systems, and compliance regulations is typically required. Excellent organizational skills, clear communication, and the ability to work under deadlines help candidates excel in this role. These skills ensure accurate loan processing, regulatory compliance, and efficient support for both clients and loan officers.

What does a mortgage loan processor trainee do?

A Mortgage Loan Processor Trainee assists in gathering, reviewing, and verifying documents required for mortgage loan applications. They work under the supervision of experienced loan processors to ensure that all paperwork is accurate and complete before submission for underwriting. The trainee learns how to communicate with borrowers, lenders, and other parties involved in the mortgage process. Over time, they develop the skills needed to manage loan files independently and ensure compliance with lending regulations.
More about Mortgage Loan Processor Trainee jobs
What cities are hiring for Mortgage Loan Processor Trainee jobs? Cities with the most Mortgage Loan Processor Trainee job openings:
What are the most commonly searched types of Mortgage Loan Processor jobs? The most popular types of Mortgage Loan Processor jobs are:
What states have the most Mortgage Loan Processor Trainee jobs? States with the most job openings for Mortgage Loan Processor Trainee jobs include:
What job categories do people searching Mortgage Loan Processor Trainee jobs look for? The top searched job categories for Mortgage Loan Processor Trainee jobs are:
Mortgage Loan Processor Trainee jobs near you
Infographic showing various Mortgage Loan Processor Trainee job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.

Mortgage Loan Processor

Perry Johnson Mortgage Company, Inc.

Troy, MI • On-site

$37K - $51K/yr

Other

Retirement

Re-posted 10 days ago

Job description

Mortgage Loan Processor

Perry Johnson Mortgage is going places, and this is your chance to get in on the ground floor. Our award-winning leadership team is known for creating a culture where you are valued and appreciated. At PJMC, you'll find the best of the best in loan officers, support teams, and leadership. Our Processors help homebuyers achieve the American dream quickly and seamlessly powered by state-of-the-art technology. Thanks to our people-first philosophy and empowering culture, you'll be an essential part of building a different kind of mortgage company. We are seeking experienced Loan Processors with a strong track record of success in loan processing and customer service.

We Offer:

  • Flexible hours & remote positions available.
  • Comprehensive benefits package and a 401(k) plan.
  • Fun, casual, energetic, and fast-paced work environment.
  • Phenomenal pricing and closing process your clients will love.
  • "The best opportunity for the best people."

Loan Processor Job Responsibilities:

  • Responsible for loan pipeline, both purchases and refinances
  • Review loan applications packages for completeness and accuracy, reconcile application against system input
  • Calculate and analyze income, assets, and liabilities
  • Responsible for gathering required documentation from customer and third parties in support of the loan approval decision
  • Responsible for prompt, professional communication to customers, loan officers, and underwriters
  • Establish ongoing relationships with both internal and external clients by delivering best-in-class customer service

Minimum Qualifications:

  • Minimum of 2 years of mortgage loan experience
  • Must be self-directed, motivated, and comfortable working in a fast paced environment
  • Must be proficient in Microsoft Office, DU, LP, CRM
  • Exceptional customer service skills
  • Detail-oriented and demonstrate excellent decision making skills
  • Strong written and verbal communication skills
  • Ability to excel in a fun and energetic results-driven environment

Apply