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Mortgage Processor Jobs in Lockport, IL (NOW HIRING)

CrossCountry Mortgage

Loan Processor

Oak Lawn, IL · On-site

$60K - $70K/yr

CrossCountry Mortgage is the nations leading distributed retail mortgage lender, with more than 7 ... Were seeking a Loan Processor who is detail-oriented and experienced in managing mortgage files.

Fifth Third Bank

Mortgage Loan Originator

Wheaton, IL · On-site

Maintain knowledge of available loan products, processing procedures, and underwriting and general ... Knowledge of residential mortgage processing, underwriting, and closing procedures. * Knowledge of ...

Fifth Third

Mortgage Loan Originator

Wheaton, IL

Maintain knowledge of available loan products, processing procedures, and underwriting and general ... Knowledge of residential mortgage processing, underwriting, and closing procedures. * Knowledge of ...

Newrez

Jr Mortgage Consultant

Downers Grove, IL · On-site

Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering ...

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All JobsMortgage Processor JobsMortgage Processor Jobs in Lockport, IL

Mortgage Processor information

See Lockport, IL salary details

$28.6K

$51.1K

$94.8K

How much do mortgage processor jobs pay per year?

As of Jul 27, 2026, the average yearly pay for mortgage processor in Lockport, IL is $51,053.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,100.00 and $55,200.00 per year, depending on experience, location, and employer.

What does a processor do for a mortgage?

A mortgage processor reviews and verifies all necessary documents, such as income, employment, and credit information, to ensure they meet lender requirements. They compile and submit the application package for approval, coordinate with borrowers and underwriters, and track the loan's progress throughout the approval process.

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.

What are the key skills and qualifications needed to thrive as a Mortgage Processor, and why are they important?

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 is a mortgage processor's job?

A mortgage processor reviews and verifies loan applications, ensuring all required documentation is complete and accurate. They coordinate with lenders, underwriters, and borrowers to facilitate the approval process and may use loan processing software to track progress. Strong attention to detail and knowledge of lending guidelines are essential for this role.

What are mortgage processors?

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.

How much does a loan officer make on a $500,000 loan?

A mortgage processor typically does not earn a commission based on loan amounts; however, loan officers often earn a commission or fee that can range from 0.5% to 1% of the loan amount. For a $500,000 loan, this could translate to $2,500 to $5,000 in commissions or fees, depending on the lender and compensation structure.

How much do processors get paid?

Mortgage processors typically earn between $40,000 and $65,000 annually, depending on experience, location, and employer. Some may also receive bonuses or commissions, and the role often requires strong attention to detail and familiarity with loan processing software.
More about Mortgage Processor jobs
What are popular job titles related to Mortgage Processor jobs in Lockport, IL? For Mortgage Processor jobs in Lockport, IL, the most frequently searched job titles are:
What job categories do people searching Mortgage Processor jobs in Lockport, IL look for? The top searched job categories for Mortgage Processor jobs in Lockport, IL are:
What cities near Lockport, IL are hiring for Mortgage Processor jobs? Cities near Lockport, IL with the most Mortgage Processor job openings:
Mortgage Processor jobs near you
Infographic showing various Mortgage Processor job openings in Lockport, IL as of July 2026, with employment types broken down into 90% Full Time, 7% Part Time, and 3% Contract. Highlights an 82% Physical, 3% Hybrid, and 15% Remote job distribution, with an average salary of $51,053 per year, or $24.5 per hour.

Mortgage Loan Processor - Job # 3818-147004

BritePros Medical Staffing

Chicago, IL • On-site

$70K/yr

Full-time

Posted 6 days ago

Job description

Mortgage Loan Processor – To $70K – Chicago, IL – Job # 3818-147004

Who We Are:
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position:
Our community bank client is seeking to fill a Mortgage Loan Processor role in the Chicago, IL market. The successful candidate will be responsible for managing residential mortgage loan files from application through underwriting. This role ensures all documentation is complete, accurate, and compliant with lending regulations while coordinating with borrowers, loan officers, underwriters, title companies, and other third parties to facilitate a timely loan closing. 

The position includes a generous salary of up to $70K and an excellent benefits program.  (This is not a remote position.)

Mortgage Loan Processor responsibilities include:
  • Review mortgage applications for completeness and accuracy.
  • Collect and verify required documentation, including income, assets, employment, credit, and property information.
  • Order and track appraisals, title reports, flood certifications, and other required documents.
  • Prepare loan files for underwriting and submit complete packages.
  • Communicate with borrowers to obtain missing documentation and provide status updates.
  • Work closely with loan officers, underwriters, escrow/title companies, and closing agents.
  • Review underwriting conditions and coordinate with borrowers to satisfy outstanding requirements.
  • Ensure compliance with federal, state, investor, and company lending guidelines.
  • Maintain accurate loan records and update loan origination systems.
  • Monitor loan timelines to meet closing deadlines.
  • Resolve documentation discrepancies and identify potential issues before closing.

Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:
  • High school diploma or equivalent; associate's or bachelor's degree preferred.
  • 1–3 years of mortgage processing or mortgage industry experience preferred.
  • Knowledge of conventional, FHA, VA, and USDA loan programs.
  • Familiarity with mortgage compliance regulations and documentation requirements.
  • Experience using Loan Origination Systems (LOS) such as Encompass or similar software.
  • Mortgage processing certification (preferred but not required)
  • Experience with Fannie Mae, Freddie Mac, FHA, VA, and USDA guidelines
  • Knowledge of TRID, RESPA, TILA, and HMDA regulations
  • Proficiency with Microsoft Office, particularly Word, Excel, and Outlook.

The next step is yours. Email us your current resume along with the position you are considering to: resumes@symicorgroup.com