1

Mortgage Processor Jobs in Silver Spring, MD (NOW HIRING)

Mortgage Loan Partner II

Ashburn, VA · On-site

$40K - $56K/yr

Waterstone Mortgage is seeking an experienced Loan Partner to join a growing mortgage team! This ... Work as a liaison for Loan Originators and with processing to help coordinate weekly pipeline ...

Mortgage Loan Officer

Chantilly, VA · On-site +1

$100K/yr

... mortgage process from application to closing • Recommend appropriate loan programs based on client goals and financial profiles • Maintain compliance with federal, state, and company lending ...

Mortgage Loan Partner II

Ashburn, VA · On-site

$40K - $56K/yr

Waterstone Mortgage is seeking an experienced Loan Partner to join a growing mortgage team! This ... Work as a liaison for Loan Originators and with processing to help coordinate weekly pipeline ...

Guide clients through the entire mortgage process from application to closing * Recommend appropriate loan programs based on client goals and financial profiles * Maintain compliance with federal ...

Apply Early

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 ...

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 ...

Summary : The Jr. Mortgage Advisor will be placed in a training program that facilitates the ... Follows a well-established and familiar set of activities and/or processes to derive a solution.

Pipeline Manager

Laurel, MD · On-site

$70K - $85K/yr

The Pipeline Manager is responsible for leading the loan processing and pipeline management team, ensuring the efficient movement of loans throughout the mortgage lifecycle. * This role oversees ...

New

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 ...

next page

Showing results 1-20

Mortgage Processor information

See Silver Spring, MD salary details

$29.5K

$52.6K

$97.7K

How much do mortgage processor jobs pay per year?

As of Jul 7, 2026, the average yearly pay for mortgage processor in Silver Spring, MD is $52,622.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,400.00 and $56,900.00 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 Silver Spring, MD? For Mortgage Processor jobs in Silver Spring, MD, the most frequently searched job titles are:
What job categories do people searching Mortgage Processor jobs in Silver Spring, MD look for? The top searched job categories for Mortgage Processor jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Mortgage Processor jobs? Cities near Silver Spring, MD with the most Mortgage Processor job openings:
Licensed Mortgage Associate - Bilingual (English/Spanish)

Licensed Mortgage Associate - Bilingual (English/Spanish)

Prosperity Home Mortgage

Silver Spring, MD

Full-time

Medical, Dental, Vision, Retirement

Posted 9 days ago


Job description

Launch Your Mortgage Career with Purpose

Your Role, Your Impact

Must be bilingual (English/Spanish) 

Join our dynamic team as a Licensed Mortgage Associate and become the backbone of exceptional customer experiences in the mortgage industry. This role perfectly balances administrative excellence with sales support, offering hands-on experience across every aspect of the mortgage process while building the foundation for your long-term career success.

What You'll Do

Customer Experience Excellence

Client Relationship Management: Serve as a trusted point of contact, responding to client inquiries and maintaining clear communication throughout the loan process

Documentation Coordination: Guide borrowers through document collection, ensuring complete and accurate submissions that expedite approvals

Follow-Up Excellence: Proactively communicate with customers, vendors, and stakeholders to keep files moving smoothly toward closing

Problem Resolution: Address challenges quickly and professionally to maintain exceptional service standards

Sales & Marketing Support

Marketing Development: Create compelling promotional materials and sales literature that drive business growth

Market Intelligence: Analyze market trends and identify potential customers to expand the sales pipeline

Lead Generation: Support marketing initiatives that attract new business opportunities

Team Collaboration: Provide essential support to assigned Mortgage Consultants, enhancing their productivity and client relationships

Operations & Compliance

File Management: Conduct preliminary loan file reviews to ensure compliance with investor guidelines and approval criteria

Document Processing: Order and review credit reports, appraisals, condo questionnaires, and other essential property documents

Quality Assurance: Review borrower documentation for accuracy and completeness, including pay stubs, bank statements, and tax documents

Regulatory Compliance: Maintain strict adherence to industry regulations and federal/state law requirements

Closing Coordination

Timeline Management: Perform follow-up tasks necessary to meet critical closing deadlines

Stakeholder Communication: Coordinate with title companies, insurance providers, and closing departments

Post-Closing Support: Conduct follow-up activities to ensure customer satisfaction and identify future opportunities

Loan Origination: Originate residential mortgage loans as business needs require

What You Bring

Professional Foundation

  • High school diploma or equivalent (Bachelor's degree in finance or business preferred)
  • Current NMLS Mortgage Loan Originator License (or ability to obtain within 90 days of hire)
  • Previous customer service experience, preferably in mortgage or financial services
  • Strong understanding of mortgage products, processes, and regulatory standards

Technical Skills

Software Proficiency: Advanced Microsoft Office Suite skills and CRM software experience

Industry Systems: Experience with Encompass loan origination software strongly preferred

Digital Fluency: Comfortable with technology and able to learn new systems quickly

Data Management: Skilled in data entry, filing, and document management systems

Professional Qualities

Communication Excellence: Outstanding written and verbal communication skills with diverse clientele

Organizational Mastery: Exceptional attention to detail with ability to manage multiple concurrent tasks

Team Collaboration: Works effectively both independently and as part of a collaborative team

Deadline Focused: Thrives in fast-paced environments while meeting critical deadlines

Customer Centric: Genuine commitment to helping clients achieve their homeownership dreams

Why Choose This Opportunity

Career Development

Industry Foundation: Build comprehensive knowledge across all aspects of mortgage lending

Skill Building: Develop both technical expertise and customer relationship management capabilities

Growth Pathway: Clear advancement opportunities within our expanding organization

Professional Network: Work alongside experienced mortgage professionals and industry leaders

Comprehensive Benefits

Competitive Compensation: Attractive hourly wage with performance recognition opportunities

Complete Benefits Package: Health, dental, vision, retirement planning, and more

Professional Development: Training programs and continuing education support

Work-Life Balance: Supportive workplace culture that values personal and professional success

Meaningful Work

Client Impact: Play a crucial role in helping families achieve their homeownership goals

Process Excellence: Contribute to streamlined operations that enhance customer experiences

Industry Reputation: Represent a respected mortgage lender with a commitment to excellence

Career Satisfaction: Build expertise in a stable, growing industry with strong career prospects

Ready to Build Your Mortgage Career?

This role offers the perfect entry point for ambitious professionals looking to establish themselves in the mortgage industry. You'll gain comprehensive experience, build valuable relationships, and develop the expertise needed for long-term career success.

What We're Looking For: Detail-oriented professionals who are passionate about customer service, eager to learn the mortgage business, and ready to contribute to a team that makes homeownership dreams come true.

Your Next Step: Join us and discover how your commitment to excellence can create exceptional experiences for homebuyers while building your own rewarding career in mortgage lending.

Prosperity Home Mortgage, LLC is an Equal Opportunity Employer and makes employment decisions without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), military service, or other non-merit based factors and characteristics protected by applicable federal, state, or local law.