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Mortgage Loan Processor Trainee Jobs (NOW HIRING)

Tomo Mortgage LLC

Mortgage Loan Processor

New York, NY · On-site

$76K - $85K/yr

Mortgage Loan Processor Location: New York, NY Reports To: Loan Processing Manager Type: Full-Time; Hybrid (in office Mon-Wed, remote Thurs-Friday) About the role: At Tomo, we're on a mission to make ...

Saige Partners

Mortgage Loan Processor

Bettendorf, IA · On-site

$18.63 - $24/hr

Mortgage Loan Processor Job Summary We are seeking an organized and detail-oriented Mortgage Loan Processor to manage loan files from processing through underwriting and closing This role works ...

Tomo Mortgage, LLC

Mortgage Loan Processor

Manhattan, NY · On-site

$52 - $72/hr

Mortgage Loan Processor Location: New York, NY Reports To: Loan Processing Manager Type: Full-Time; Hybrid (in office Mon-Wed, remote Thurs-Friday) About the role: At Tomo, we're on a mission to make ...

ABSM

Mortgage Loan Processor

Miami Lakes, FL

$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 ...

Novus Home Mortgage

Mortgage Loan Processor

Madison, WI · On-site

$40K - $55K/yr

Today, you can apply with one of the fastest-growing mortgage teams in Dane County, WI - a top 10% loan production team nationwide, licensed in all 50 states. We're hiring a Loan Processor who wants ...

NDBT

Mortgage Loan Processor

Dallas, TX

$39K - $54K/yr

Overview A Mortgage Loan Processor is responsible for coordinating and processing residential mortgage loan applications from initial submission through underwriting and clear to close. This position ...

Citizens

Be Seen First

Mortgage Loan Processor

Columbia, MS · On-site

$18 - $20/hr

Overview In this vital role, you will coordinate and manage all aspects of mortgage loan processing, ensuring accuracy, compliance, and efficiency from application to closing. Your proactive approach ...

One Nevada Credit Union

Mortgage Loan Processor

Las Vegas, NV · On-site

$38K - $52K/yr

We are seeking a detail-oriented Mortgage Loan Processor at One Nevada Credit Union to join our Mortgage Lending team. In this role, you will gather, review, and organize loan documentation, ensuring ...

Mutual of Omaha Mortgage

Mortgage Loan Processor

Phoenix, AZ · On-site

$39K - $54K/yr

Effectively manage and process a full pipeline of mortgage loan files (25-30) * Evaluate loan files for regulatory compliance and completeness * Accurately review and input pertinent loan data into ...

Mutual of Omaha Mortgage

Mortgage Loan Processor

Boise, ID · On-site

$38K - $52K/yr

Effectively manage and process a full pipeline of mortgage loan files (25-30) * Evaluate loan files for regulatory compliance and completeness * Accurately review and input pertinent loan data into ...

Local Bank

Mortgage Loan Processor

Tuscaloosa, AL · On-site

$33K - $45K/yr

The Mortgage Loan Processor is responsible for managing the loan file from the time of application through final approval. This role requires attention to detail, strong organizational skills, and ...

Semper Home Loans

Mortgage Loan Processor

Providence, RI · On-site

$50K - $80K/yr

Process and prepare mortgage loan files from initial application to final approval. * Ensure compliance with bank, investor, and regulatory guidelines while delivering top-tier customer service.

ABSM

Mortgage Loan Processor

Miami Lakes, FL · On-site

$36K - $50K/yr

Description 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 ...

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All JobsFinance and Insurance JobsMortgage JobsMortgage Professional JobsMortgage Loan Processor Trainee Jobs

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 Sep 6, 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 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.

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 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 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.

How do you become a mortgage loan processor trainee?

To become a mortgage loan processor trainee, candidates typically need a high school diploma or equivalent, strong organizational and communication skills, and familiarity with loan processing software. Entry-level positions often require on-the-job training, and some employers may prefer candidates with experience in banking or customer service.

How much do entry level mortgage loan processor trainees make?

Entry-level mortgage loan processor trainees typically earn between $35,000 and $45,000 annually, depending on location and company. Starting salaries may include benefits such as health insurance and paid time off, and the role often requires familiarity with loan processing software and attention to detail.

Is it hard to be a mortgage loan processor trainee?

Being a mortgage loan processor trainee involves learning industry-specific procedures, such as reviewing financial documents and using loan processing software. The role requires attention to detail, strong organizational skills, and the ability to handle a fast-paced environment, but with training and experience, it becomes easier over time.
More about Mortgage Loan Processor Trainee jobs

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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 95% Full Time, and 5% Part Time. Highlights an 84% In-person, and 16% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.

Mortgage Loan Processor

Tomo Mortgage LLC

New York, NY • On-site

$76K - $85K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 18 days ago

Key responsibilities

  • Serve as the primary point of contact for customers from processing through closing, keeping them informed and supported

  • Manage loan files proactively, completing all processing, pre-underwriting, and pre-closing tasks with care and accuracy

  • Review and verify documentation including credit, appraisal, and title for compliance with investor guidelines

Job description

Who We Are
Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping homebuyers save thousands of dollars. Our AI-driven customer experience makes the lending process faster, less frustrating, and more affordable. By passing these savings directly to homebuyers, we eliminate excessive fees and inflated rates that cost Americans billions each year. Backed by top-tier venture investors, including Ribbit, Citi Ventures, NFX and Progressive Insurance, Tomo is poised to become one of the most valuable fintech startups of our generation.
Mortgage Loan Processor
Location: New York, NY
Reports To: Loan Processing Manager
Type: Full-Time; Hybrid (in office Mon-Wed, remote Thurs-Friday)
About the role:
At Tomo, we're on a mission to make the home buying process simple, transparent, and memorable. Our Loan Processors are trusted guides for customers, helping them navigate from application through closing with confidence and clarity.
We're looking for resourceful teammates who are proactive in managing pipelines, attuned to customer needs, and excited about using technology to transform the mortgage experience. If you've ever wished you could help modernize the tools and systems in mortgage lending, this is your chance to shape the future.
What You'll Do:
  • Serve as the primary point of contact for customers from processing through closing, keeping them informed and supported
  • Manage loan files proactively, completing all processing, pre-underwriting, and pre-closing tasks with care and accuracy
  • Review and verify documentation including credit, appraisal, and title for compliance with investor guidelines
  • Partner with agents to gather required information and keep them updated on the status of applications
  • Submit complete, high-quality files to underwriting while consistently meeting service-level targets
  • Coordinate closings and assist with post-closing follow-ups to ensure a seamless customer experience
  • Identify opportunities to improve our processes and technology, and collaborate with teammates across functions to bring ideas to life
  • Walk customers through their Closing Disclosure, offering support and clear answers to their questions

What Makes You a Great Fit:
  • Understanding of the mortgage lending process
  • Ability to handle multiple purchase applications simultaneously in a fast paced environment - On time close is very important to us!
  • Strong written and verbal communication with a phone-first mentality
  • Strong performance in team environments
  • A voice as to how we can improve our processes and tech
  • Detail orientation with a strong focus on quality
  • Superior customer centricity

Preferred Qualifications:
  • 2+ years of mortgage loan processing experience, specifically in purchase transactions
  • Experience with Byte Pro or other LOS platforms (e.g., Encompass)
  • Familiarity with a variety of loan types: Conventional, FHA, VA, and Jumbo
  • Strong knowledge of mortgage applications, credit reports, and financial verifications

What's in It for You?
  • Career Growth: Explore multiple career paths across Tomo, including elite operational roles
  • Competitive Pay & Benefits: Designed to support your whole self, in and out of work
  • Equity Ownership: All teammates receive stock options-we win together
  • Coaching & Mentorship: Learn from experienced leaders who are invested in your growth
  • Inclusive Culture: We celebrate diverse backgrounds, experiences, and perspectives. Whether your path into mortgage has been traditional or unique, you'll find a place to thrive here.

#zr
#LI-Hybrid
Employee Benefits
We strive to anticipate your needs in order for you to be a healthy, motivated, and happy team member. We provide a variety of competitive benefits including (but not limited to):
  • Equity Ownership: All teammates receive stock options-we win together
  • Comprehensive Medical, Dental, and Vision plans for you and your dependents with some plans 100% covered
  • Work-life balance and a generous paid time off policy
  • In order to support teammates who become parents, Tomo Mortgage provides paid parental leave
  • 401(k) retirement plan

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