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Mortgage Loan Processor Jobs in Springfield, IL (NOW HIRING)

6AM City

Mortgage Loan Processor

Springfield, IL · On-site

$22/hr

Mortgage Loan Processor Location: Springfield, Illinois Pay Rate: Up to $22.00 / hour (Based on experience) Schedule: Monday - Friday, 8:00 AM - 5:00 PM Job Type: Full-time About the Role In this ...

6AM City

Mortgage Loan Processor

Springfield, IL · On-site

$22/hr

Mortgage Loan Processor Location: Springfield, Illinois Pay Rate: Up to $22.00 / hour (Based on experience) Schedule: Monday - Friday, 8:00 AM - 5:00 PM Job Type: Full-time About the Role In this ...

Leadling

Mortgage Loan Officer - Illinois

Chicago, IL · On-site

Leadling is actively searching for seeking experienced Mortgage Loan Officers ready to increase earnings, scale nationally, and gain full control of their business with a National Mortgage Lender.

United Community Bank

Loan Assistant

Springfield, IL · On-site

$34K - $43K/yr

Process Consumer and Commercial loans * Prepare documents on loan software (currently LaserPro for Commercial and Encompass for Mortgage) * Take loan applications when the loan officer is unavailable

The General

Commercial Loan Assistant

Springfield, IL · On-site

$23.38 - $29.74/hr

Effectively communicate with the loan processing team and ensure the successful completion of loan documentation. * Review loan documentation for accuracy prior to closing. * Assist with scheduling ...

6AM City

Tax and Insurance Escrow Specialist

Springfield, IL · On-site

$19.25 - $24.50/hr

Practical knowledge of loan administration, mortgage servicing, mortgage lending, mortgage operations, and escrow processing. Ability to follow established procedures, documented workflows, investor ...

6AM City

Tax and Insurance Escrow Specialist

Springfield, IL · On-site

$19.25 - $24.50/hr

Practical knowledge of loan administration, mortgage servicing, mortgage lending, mortgage operations, and escrow processing. Ability to follow established procedures, documented workflows, investor ...

CREDIT UNION 1

Relationship Banker

Springfield, IL · On-site

$18 - $22.50/hr

Performs teller duties: process member transactions accurately and efficiently while maintaining a ... consumer and mortgage loan applications and questions. Explain loan programs, options, and ...

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All JobsMortgage Loan Processor JobsMortgage Loan Processor Jobs in Springfield, IL

Mortgage Loan Processor information

See Springfield, IL salary details

$28.2K

$50.5K

$93.7K

How much do mortgage loan processor jobs pay per year?

As of Aug 30, 2026, the average yearly pay for mortgage loan processor in Springfield, IL is $50,450.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,600.00 and $54,500.00 per year, depending on experience, location, and employer.

What is a mortgage loan processor?

As a mortgage loan processor, you help clients understand their mortgage loan options and find the best loan to fit their needs. You research various loan programs and help customers complete applications. Your responsibilities as a mortgage loan processor include clear and honest communication with clients regarding the terms and conditions of the loan programs and the accurate completion and submission of necessary documents. Your goal is to successfully walk clients through the loan process, from start to finish, ensuring that they understand fully the obligation they are undertaking and that their application is accurate and complete.

What are the key skills and qualifications needed to thrive as a mortgage loan processor?

To thrive as a Mortgage Loan Processor, you need a strong understanding of loan products, regulatory compliance, and attention to detail, typically supported by a high school diploma or associate degree in finance or related fields. Familiarity with loan origination systems (LOS), credit reporting software, and compliance platforms is commonly required. Excellent organizational skills, problem-solving ability, and effective communication with clients and lenders set top performers apart. These skills ensure accurate, timely processing of mortgage applications, reduce errors, and provide a seamless experience for clients and financial institutions.

What are some common challenges a mortgage loan processor might face when managing multiple loan files simultaneously?

Mortgage Loan Processors often juggle several loan applications at once, which can be challenging due to tight deadlines and varying document requirements from borrowers and lenders. Staying organized is crucial, as missing or incomplete paperwork can delay approval or cause compliance issues. Effective communication with loan officers, underwriters, and clients is essential to quickly resolve any discrepancies and keep the process moving smoothly. Mastering time management and workflow prioritization helps processors ensure accuracy and timely closings.

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

AspectMortgage Loan ProcessorMortgage Underwriter
Primary RolePrepares and reviews loan documentation, verifies borrower informationAssesses risk, evaluates loan files for approval
Required CredentialsTypically requires a high school diploma or equivalent; some certificationsOften requires similar credentials; certifications like CE or FHA underwriting
Work EnvironmentOffice setting, working closely with loan officers and borrowersOffice setting, analyzing loan files and making approval decisions
Industry UsageCommonly employed in mortgage lending companies and banksUsed in mortgage lending institutions to ensure loan quality

The main difference is that Mortgage Loan Processors prepare and verify loan documents, while Mortgage Underwriters evaluate and approve or deny loans based on risk assessment. Both roles are essential in the mortgage lending process and often work closely together to ensure smooth loan approval.

How much do entry level mortgage loan processors make?

Entry-level mortgage loan processors typically earn between $35,000 and $50,000 annually, depending on location and employer. Starting salaries may increase with relevant skills, certifications, and experience in loan processing software and documentation review.

Is it hard to be a mortgage loan processor?

Mortgage loan processors typically find the job moderately challenging due to the need for attention to detail, strong organizational skills, and understanding of loan documentation and regulations. The role often requires working under tight deadlines and managing multiple applications simultaneously, but with experience and training, it becomes more manageable.
More about Mortgage Loan Processor jobs

What are the most commonly searched types of Mortgage Loan Processor jobs in Springfield, IL?

The most popular types of Mortgage Loan Processor jobs in Springfield, IL are:

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For Mortgage Loan Processor jobs in Springfield, IL, the most frequently searched job titles are:

What job categories do people searching Mortgage Loan Processor jobs in Springfield, IL look for?

The top searched job categories for Mortgage Loan Processor jobs in Springfield, IL are:

What cities near Springfield, IL are hiring for Mortgage Loan Processor jobs?

Cities near Springfield, IL with the most Mortgage Loan Processor job openings:

Mortgage Loan Processor jobs near you
Infographic showing various Mortgage Loan Processor job openings in Springfield, IL as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 18% Part Time, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $50,450 per year, or $24.3 per hour.

Mortgage Loan Processor

Springfield, IL • On-site

6AM City
Motion Picture and Video Production • 51 - 200 employees
Learn more about 6AM Cityexternal

$22/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

Job Description Located in Springfield, IL Salary: Up to $22.00/hr Job Title: Mortgage Loan Processor Location: Springfield, Illinois Pay Rate: Up to $22.00 / hour (Based on experience) Schedule: Monday - Friday, 8:00 AM - 5:00 PM Job Type: Full-time About the Role In this role, you will act as the bridge between loan officers, underwriters, and borrowers to ensure a seamless loan approval process from application through closing. If you thrive in a fast-paced environment, love organizing details, and pride yourself on great customer service, we'd love to hear from you! Key Responsibilities Manage Files: Collect, organize, and review borrower documentation (pay stubs, tax returns, bank statements, etc.) for accuracy and completeness. Verify Information: Order third-party documentation including credit reports, title searches, appraisals, and employment verifications. Coordinate Workflow: Submit complete loan packages to underwriting and clear any conditions required for final approval. Communicate: Keep borrowers, loan officers, and real estate agents updated on the status of loan files in a clear, professional manner. Ensure Compliance: Maintain strict adherence to company guidelines and federal/state mortgage industry regulations. Qualifications & Skills Experience: Prior experience in mortgage processing, banking, administrative support, or finance is preferred, but not required. Attention to Detail: High accuracy in reviewing financial documents and data entry. Communication: Strong written and verbal communication skills for daily client interaction. Tech-Savvy: Microsoft Office Suite Time Management: Ability to prioritize tasks, multitask, and meet strict closing deadlines. Benefits Competitive hourly pay up to $22.00/hr Consistent, full-time schedule (M-F, 8am-5pm) Paid Time Off (PTO) and paid holidays Health, Dental, and Vision insurance options Retirement plan options Opportunities for professional growth and HR skill development #1044OS Express Office: Springfield 3000 Professional Drive Springfield, IL 62703 #J-18808-Ljbffr

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