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Mortgage Processor Jobs in O Fallon, IL (NOW HIRING)

Provide all necessary applicant information to processor. * Price loans according to guidelines and ... Provides advice and service to applicant requesting mortgage information. * Make preliminary ...

Provide all necessary applicant information to processor. * Price loans according to guidelines and ... Provides advice and service to applicant requesting mortgage information. * Make preliminary ...

Mortgage Loan Officer

Trenton, IL · On-site

$50K - $70K/yr

This position will accept the application, grant approval, and process and originate mortgage and consumer loans for the Bank. The objective is to assist borrowers in evaluating their opportunity to ...

Develop, document and maintain procedures related to Investor loan processing and mortgage loan servicing * Maintain strong working knowledge of existing laws and regulations by incorporating ...

Develop, document and maintain procedures related to Investor loan processing and mortgage loan servicing * Maintain strong working knowledge of existing laws and regulations by incorporating ...

Showing results 21-40

Mortgage Processor information

See O Fallon, IL salary details

$26.6K

$47.5K

$88.1K

How much do mortgage processor jobs pay per year?

As of Aug 17, 2026, the average yearly pay for mortgage processor in O'Fallon, IL is $47,482.00, according to ZipRecruiter salary data. Most workers in this role earn between $37,300.00 and $51,300.00 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.

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 enhance job performance and prospects.

Is mortgage processing a stressful job?

Mortgage processing can be stressful due to tight deadlines, the need for accuracy, and managing multiple documents and client expectations. The role requires attention to detail, organization, and often involves working under pressure, especially during busy periods or when dealing with complex applications.

What does a mortgage processor do?

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

What qualifications do you need to be a mortgage processor?

A mortgage processor typically needs a high school diploma or equivalent, with some employers preferring post-secondary education or relevant certifications. Strong organizational skills, attention to detail, and knowledge of mortgage lending processes and software are important. Prior experience in banking, finance, or customer service can also be beneficial.
More about Mortgage Processor jobs

What are popular job titles related to Mortgage Processor jobs in O'Fallon, IL?

For Mortgage Processor jobs in O'Fallon, IL, the most frequently searched job titles are:

What cities near O'Fallon, IL are hiring for Mortgage Processor jobs?

Cities near O'Fallon, IL with the most Mortgage Processor job openings:

Infographic showing various Mortgage Processor job openings in O'Fallon, IL as of August 2026, with employment types broken down into 89% Full Time, 5% Part Time, and 6% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $47,482 per year, or $22.8 per hour.

Mortgage Loan Originator

DAS Acquisiton Company LLC

Glen Carbon, IL • On-site

$15/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 28 days ago


Job description

Description:

Who We Are

At DAS Acquisition Company, LLC. (USA Mortgage), our mission is the unrelenting pursuit of perfection. We pride ourselves on the superior level of service that our status as a mortgage lender enables us to provide. Since 2001, we have been recognized as a top-choice residential lender in the St. Louis metropolitan area by the St. Louis Business Journal. Our ongoing success is driven by our strategy to deliver our clients a level of service unrivaled in the mortgage industry. We recognize that people are our competitive advantage, which is why we put so much emphasis ensuring that DAS Acquisition Company, LLC. is a great place to work!


What You'll Do

Our Mortgage Loan Originators make an impact on our clients' lives each day by helping them make strong financial decisions to achieve their personal and financial goals. Our mortgage professionals, carefully chosen from among the top in our industry, are our greatest asset. Many of these individuals are considered leaders in our field - we rely on their talent to keep us on the cutting-edge of industry trends, which allows us to constantly open doors as a mortgage industry leader. Our service-oriented attitude coupled with our unique and energetic atmosphere makes the home financing process what it should be - an exciting and rewarding experience!


Responsibilities

  • Provide every client the best service in the industry
  • Market and solicit residential loan business, ensuring all phases of the loan process are performed in accordance with company and regulatory guidelines
  • Advise and educate clients on the home-buying or refinancing process and how to better manage their mortgages
  • Own and build your business within USA Mortgage with the support of our team
Requirements:
  • 2 to 4-year college curriculum preferred, or equivalent industry experience
  • Ability to work in a fast-paced, challenging sales environment
  • Encompass experience or equivalent
  • Basic computer skills
  • Knowledge of various residential mortgage loan products
  • Demonstrated ability to work both independently and as a team player
  • Passion, great communication skills, self-motivation, positive attitude, and competitive spirit
  • MLO approved license in NMLS

Compensation

· State Minimum Hourly - $15.00 (Recoverable)

· Commissions on personal production

· Voluntary: Medical, dental, vision, HSA, FSA, Short-Term Disability, Voluntary Life Insurance, CHUBB Supplemental Insurance, Pet Insurance, 401K

· Company Paid: Long-Term Disability, Group Life Insurance, Employee Assistant Program (EAP), 401K Match, Employee Stock Ownership Plan (ESOP)