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Mortgage Processor Jobs in Portland, ME (NOW HIRING)

Mtb

Mortgage Originator

Portland, ME

Cultivates new mortgage business. Markets, services and promotes the bank's mortgage products. This includes the solicitation of residential first mortgages through contacts with Realtors, builders ...

M&T Bank

Mortgage Originator

Portland, ME · On-site

Cultivates new mortgage business. Markets, services and promotes the bank's mortgage products. This includes the solicitation of residential first mortgages through contacts with Realtors, builders ...

M&T Bank

Mortgage Originator

Portland, ME · On-site

Cultivates new mortgage business. Markets, services and promotes the bank's mortgage products. This includes the solicitation of residential first mortgages through contacts with Realtors, builders ...

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All JobsMortgage Processor JobsMortgage Processor Jobs in Portland, ME

Mortgage Processor information

See Portland, ME salary details

$29.6K

$52.8K

$98.1K

How much do mortgage processor jobs pay per year?

As of Jul 18, 2026, the average yearly pay for mortgage processor in Portland, ME is $52,817.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,500.00 and $57,100.00 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 the most commonly searched types of Mortgage Processor jobs in Portland, ME? The most popular types of Mortgage Processor jobs in Portland, ME are:
What are popular job titles related to Mortgage Processor jobs in Portland, ME? For Mortgage Processor jobs in Portland, ME, the most frequently searched job titles are:
What job categories do people searching Mortgage Processor jobs in Portland, ME look for? The top searched job categories for Mortgage Processor jobs in Portland, ME are:
Mortgage Processor jobs near you

Mortgage Loan Originator

Atlantic Regional Federal Credit Union

South Portland, ME • On-site

$66K - $75K/yr

Full-time

Posted 9 days ago

Job description

Job Type
Full-time
Description
At Atlantic, we view loan origination as a high-stakes advisory role, not a transactional one. We are seeking a sophisticated professional to bridge the gap between financial guidance and homeownership execution. Whether you're an established industry veteran looking for a more robust infrastructure or a high-potential sales professional ready to transition into a career defined by technical excellence and complex problem-solving, your next chapter starts here.
If you're considering a change, it's probably not because you lack options. Talented mortgage professionals can work almost anywhere. What you're searching for is something more meaningful: an opportunity to grow, support that helps you succeed, a culture that values people, and a company invested in your long-term success.
What You'll Do
  • Develop and cultivate relationships with prospective borrowers, real estate professionals, builders, and other referral partners to generate mortgage lending opportunities.
  • Guide borrowers through the mortgage process, from initial consultation and application through closing, ensuring a positive and seamless experience.
  • Analyze financial information to assess loan eligibility and recommend mortgage solutions that align with borrowers' financing objectives.
  • Manage a pipeline of mortgage loan applications while maintaining accuracy, responsiveness, and attention to detail.
  • Ensure all loan originations comply with applicable regulatory requirements, Credit Union policies, and industry standards.
  • Promote Atlantic's mortgage lending programs through networking events, industry associations, homeownership agencies, educational seminars, and community outreach opportunities.
  • Stay informed on mortgage products, market trends, and regulatory changes to effectively serve members and referral partners.
  • Maintain comprehensive knowledge of Credit Union products and services to identify additional member needs and make appropriate referrals to internal business partners.

Who we are
We are Atlantic. Our mission is to help people do better. We're a fast-moving, inclusive team that cares about getting to the right answer and making good decisions. We value clarity, accountability, and people who aren't afraid to ask tough questions and challenge how things are done.
Why Join Atlantic?
We offer competitive compensation, full benefits, and the opportunity to take real ownership of the consumer lending function. This is a role with strong visibility and real impact. You'll lead the team, improve how lending operates, and play a key role in how we grow the portfolio while delivering a better member experience. Opportunity to earn incentives.
Atlantic is proud to be an Equal Opportunity Employer.
Requirements
What You'll Bring
  • 3-5 years of experience in residential mortgage lending, consumer lending, or a related financial services role.
  • Active NMLS registration and a current notary certificate.
  • Strong sales, business development, and relationship management skills.
  • Ability to analyze financial information and determine appropriate lending solutions.
  • Excellent verbal and written communication skills, with the ability to build trust and rapport with members, referral partners, and colleagues.
  • Strong organizational skills and the ability to manage multiple priorities in a fast-paced, production-focused environment.

Salary Description
$66,000-$75,000/year

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