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Mortgage Processor Jobs in Bolingbrook, IL (NOW HIRING)

Team One Credit Union

Mortgage Loan Originator

Chicago, IL · On-site

$60 - $90/hr

Manage loans in pipeline from origination to closing, ensure processor has all required documentation, and keep the member informed on the status of application. * Coordinate and attend mortgage ...

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Mortgage Processor information

See Bolingbrook, IL salary details

$28.2K

$50.3K

$93.4K

How much do mortgage processor jobs pay per year?

As of Sep 4, 2026, the average yearly pay for mortgage processor in Bolingbrook, IL is $50,335.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,600.00 and $54,400.00 per year, depending on experience, location, and employer.

What is a mortgage processor?

Mortgage processors are professionals who handle and organize the documentation and information required to process a mortgage loan application. They act as a liaison between the borrower, loan officer, and underwriter, ensuring that all necessary paperwork is complete, accurate, and submitted on time. Their responsibilities include verifying employment and financial information, ordering credit reports, coordinating appraisals, and tracking the progress of the loan application to ensure it moves smoothly toward approval and closing.

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

To thrive as a Mortgage Processor, you need a solid understanding of loan products, mortgage regulations, and financial documentation, typically supported by experience in the finance or real estate industry. Familiarity with loan origination systems (LOS), automated underwriting tools, and compliance software is essential. Strong organizational skills, attention to detail, and effective communication set outstanding processors apart. These skills ensure accurate, timely processing of loan applications, minimizing errors and delays while maintaining regulatory compliance.

What are the most common challenges faced by mortgage processors, and how can they be managed effectively?

Mortgage processors often encounter tight deadlines and frequent changes in documentation requirements, which can make staying organized challenging. Managing multiple loan files at different stages of completion requires strong attention to detail and effective communication with loan officers, underwriters, and clients. To succeed, it's helpful to develop robust organizational systems, stay updated on lending guidelines, and build excellent relationships with team members to quickly resolve any issues that arise during the process.

How much do entry level mortgage processors make?

Entry-level mortgage processors typically earn between $35,000 and $50,000 annually, depending on location and employer. Starting salaries may increase with experience, certifications, and proficiency with loan processing software such as Encompass or Calyx Point.

Is it hard to be a mortgage processor?

Mortgage processors handle the review and verification of loan documents, requiring attention to detail, organizational skills, and knowledge of lending guidelines. The role can involve repetitive tasks and tight deadlines, but it is generally manageable with experience and familiarity with processing software. Certification or training in mortgage lending can also improve efficiency and job performance.
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The top searched job categories for Mortgage Processor jobs in Bolingbrook, IL are:

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

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

Mortgage Processor jobs near you
Infographic showing various Mortgage Processor job openings in Bolingbrook, IL as of August 2026, with employment types broken down into 87% Full Time, 9% Part Time, and 4% Contract. Highlights an 77% Physical, 4% Hybrid, and 19% Remote job distribution, with an average salary of $50,335 per year, or $24.2 per hour.

Senior Loan Processor

U.S. Mortgage Funding

Naperville, IL • On-site

Full-time

Re-posted 29 days ago

Job description

Company Description

About us:

U.S. Mortgage Funding has experienced explosive growth since its inception in 2018 as a leading Direct Mortgage Lender. Currently, we have offices located in Naperville, IL and Elgin, IL.  Our team is incredibly innovative with a relentless pursuit for efficiency and improvement in all levels of the organization. U.S. Mortgage Funding was founded with a mission to develop a seamless, transparent and highly efficient residential mortgage and home ownership experience with industry leading technology and 40 plus years of combined lending experience.  Built upon hard work and a strong reputation, the U.S. Mortgage Funding team has the knowledge and tools to help evaluate customer needs while simplifying the entire loan process from start to finish.  Home is where the heart is and we strive to make the experience simple and meaningful. 

Job Description

Accountabilities:

  • Move loans from submission to clear to close in a fast and efficient manner
  • Think outside the box and provide solutions to complicated U/W conditions and scenarios
  • Work with Appraisal Manager and place appraisal orders
  • Analyze loan approvals & coordinate with LOs to obtain conditions
  • Collect documentation needed for loan approvals
  • Analyze and accurately calculate borrower income
  • Work with your sales team and meet closing deadlines
  • Comprehensive understanding of guidelines on all loan types
  • Meet turn time requirements for certain tasks

 Why is this role for you? 

Are you eager to be a part of an exciting company that is rooted in strong values and leadership?  Are you proactive in nature, always seeking new challenges and growth opportunities? The Senior Loan Processor role is your chance to join a collaborative and forward-thinking team.  If you are interested in developing your skills with an opportunity to grow within the company, opportunity knocks!

 Why U.S. Mortgage Funding?

We keep it simple; our core principles are built around enjoying a positive and high energy environment.  You will have a unique chance to be part of a high-performance team that values independence and collaboration.  We are growth oriented and we want our team members to succeed and grow as fast as their abilities will allow.  There is no limit to what we are willing to do for our team members and you will have direct access to the Co-Founders of the company, your ideas and suggestions are valued!

Qualifications

What you bring to our winning team:

  • 3-5 years loan processing experience required
  • Excellent computer skills and efficiency
  • Familiarity with financial and lending practices
  • Individual must possess strong communication skills, excellent time management skills; and a strong focus on customer service. 
  • Ability to build rapport with clients
  • Strong analytical and mathematical skills
  • Desire to grow, take on new tasks, overcome objections
  • Positive "can do" attitude
  • Bilingual preferred but not required (Spanish)  
Additional Information

Why is this role for you? 

Are you eager to be a part of an exciting company that is rooted in strong values and leadership?  Are you proactive in nature, always seeking new challenges and growth opportunities? The Senior Loan Processor role is your chance to join a collaborative and forward-thinking team.  If you are interested in developing your skills with an opportunity to grow within the company, opportunity knocks!

 Why U.S. Mortgage Funding?

We keep it simple; our core principles are built around enjoying a positive and high energy environment.  You will have a unique chance to be part of a high-performance team that values independence and collaboration.  We are growth oriented and we want our team members to succeed and grow as fast as their abilities will allow.  There is no limit to what we are willing to do for our team members and you will have direct access to the Co-Founders of the company, your ideas and suggestions are valued!

Apply