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

CREDIT UNION 1

Relationship Banker

Springfield, IL

$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 ...

Security Bank

Branch Manager

Springfield, IL · On-site

$50K - $75K/yr

Performs additional job duties as a Mortgage and Consumer Lender. Reports directly to the Assistant ... Processes the closure and distribution of estate assets. * Monitors branch activity (number of ...

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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 10, 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.

Is it hard to be a mortgage loan processor?

Mortgage loan processors review and verify loan documentation, which requires attention to detail, organizational skills, and knowledge of lending regulations. The job can be demanding during busy periods and often involves working under tight deadlines, but it generally requires specific training and familiarity with loan processing software. Success in this role depends on accuracy, communication skills, and the ability to handle repetitive tasks efficiently.

How do mortgage loan processors get paid?

Mortgage loan processors typically earn an hourly wage or a salary, depending on the employer. Some may also receive bonuses or commissions based on the number of loans processed or the efficiency of their work. Compensation can vary by experience, location, and company policies.

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 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 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.

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.
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:
What are popular job titles related to Mortgage Loan Processor jobs in Springfield, IL? 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, 74% Full Time, 22% 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.

Relationship Banker

CREDIT UNION 1

Springfield, IL

$18 - $22.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 4 days ago

Credit Union 1 rating

8.1

Company rating: 8.1 out of 10

Based on 69 frontline employees who took The Breakroom Quiz

59th of 150 rated financial services

Job description

Credit Union 1 is Recognized as a Chicago Tribune and Las Vegas Review-Journal Top Workplace 2025

We are excited to announce that Credit Union 1 has been recognized as a Chicago Tribune and Las Vegas Review-Journal Top Place to work for the fifth year in a row! The Top Workplaces explore how organizations create and sustain a positive and productive work culture. A great culture is important to Credit Union 1, and our culture is made up of more than great benefits and time off.

Join the Credit Union 1 Team

If you are highly motivated, friendly, and looking for a great place to work, join the Credit Union 1 team. As an employee of Credit Union 1, you will be part of a well-established and respected credit union that offers you amazing benefits, along with both stability and the opportunity for a great career path.

Top reasons to begin a career at Credit Union 1:

  • Get paid for NOT working 14 holidays each year!
  • Paid Time Off (PTO) begins accruing day one of employment
  • Tuition reimbursement for approved courses (after 1 year)
  • Free Employee Assistance Program (EAP)
  • Livongo Diabetes Management Program
  • Career growth opportunities it's our philosophy to promote from within whenever possible. Credit Union 1 is committed to your success and professional development.
  • Excellent benefits packages including:
    • Medical PPO insurance
    • High Deductible Health Plan (HDHP) and Health Savings Account (HSA)
    • Dental & vision insurance
    • Life, AD&D, short and long-term disability insurance (100% company paid)
    • 401(k) retirement and profit-sharing plan (must be 20 years old)
    • Free Teledoc 24/7 Physician Services
    • Pet Insurance
    • Paid Family Medical Leave (When FMLA Eligible)
  • Being part of a team providing services with the goal of improving the ongoing economic well-being of our members.
  • Exclusive interest rate reduction for qualifying loan products.

The Job at a Glance

Provides financial and account services to members in a confident and professional manner that assures efficient operations and exceptional service.  Assertively executes cross selling with members and potential members to increase growth. This position requires accurately handling member requests, such as but not limited to, deposits, withdrawals, loan payments, new account opening, member interviews, and/or any other request from members.  Accommodates staffing needs throughout the branch platform as required.

A Typical Day

  • Take responsibility and accountability in following all service standards set forth by the credit union; provide informed, professional, and accurate service and support to all members and associates.
  • Performs teller duties:  process member transactions accurately and efficiently while maintaining a balanced cash drawer.
  • Assists members with opening and closing accounts, and addresses and resolves member problems, inquiries, or complaints.
  • Assist applicants with consumer and mortgage loan applications and questions.  Explain loan programs, options, and requirements.  NMLS is required.
  • Promote the credit union’s products and services based on member needs and identifying opportunities.  Actively participate in developing new business for the credit union
  • Represent the credit union in a courteous and professional manner; provide prompt, efficient, and accurate service in all areas. 
  • Stays abreast of emerging financial trends to better meet members’ needs.
  • Accountable for achieving or exceeding individual sales goals and participating in team sales and referral goals.
  • Maintains knowledge of all Credit Union 1 products, services, procedures while staying informed of all policy and procedural changes
  • Maintains member confidence and protects credit union operations by keeping information confidential.
  • Performs other duties as necessary or directed.
  • Promote CU1’s core values of Be Great, Be Engaged, Be Open, Be Nice.

What We Look For

  • High school diploma or equivalent
  • Good figure aptitude
  • Detail oriented and organized.
  • Ability to work independently and in a team environment.
  • Professional manner and appearance
  • Experience with the public.
  • Good communication and service skills
  • Proven sales experience or abilities

Location: 2464 Wabash Ave., Springfield, IL

Branch Hours: Mon, Tues, Thurs: 9:00am - 5:00pm | Wed: 10:00am - 5:00pm | Fri: 9:00am - 6:00pm

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