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Mortgage Processors Jobs (NOW HIRING)

First Horizon

Mortgage Loan Processor

Memphis, TN · On-site

$35K - $49K/yr

Mentor and provide assistance to Mortgage Processors I and II. * All other duties as assigned Qualifications: To perform this job successfully, an individual must be able to perform each essential ...

St Mary's Bank

Mortgage Loan Processing Analyst

Manchester, NH · On-site

$39K - $53K/yr

... of Mortgage Processors (NAMP) preferred. • Complete knowledge and understanding of secondary market (FNMA/FMAC), government (FHA/VA/RD), and NHHFA lending requirements. Home Equity lending a plus ...

Northpoint Mortgage

Mortgage Loan Processor

Westborough, MA · On-site

$41K - $56K/yr

DOE Northpoint Mortgage, recognized as one of the Boston Globes 2025 Top Places to Work , is a growing New Englandbased mortgage lender seeking an experienced Mortgage Loan Processor to join our ...

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Northpoint Mortgage

Mortgage Loan Processor

Westborough, MA · On-site

$41K - $56K/yr

Northpoint Mortgage, recognized as one of the Boston Globe's 2025 Top Places to Work, is a growing New England-based mortgage lender seeking an experienced Mortgage Loan Processor to join our ...

Univest

Mortgage Loan Opener

Souderton, PA · On-site

$18 - $22/hr

Ensure timely and free processing of mortgage loan openings (in compliance with all applicable laws, regulations, and corporate policies and procedures) upon receiving application including: Upload ...

First Horizon

Mortgage Loan Processor

Birmingham, AL · On-site

$37K - $51K/yr

Mentor and provide assistance to Mortgage Processors I and II. * All other duties as assigned Qualifications: To perform this job successfully, an individual must be able to perform each essential ...

First Horizon

Mortgage Loan Processor

Palm Harbor, FL · On-site

$35K - $48K/yr

Mentor and provide assistance to Mortgage Processors I and II. * All other duties as assigned Qualifications: To perform this job successfully, an individual must be able to perform each essential ...

First Horizon

Mortgage Loan Processor

Deland, FL · On-site

$35K - $49K/yr

Mentor and provide assistance to Mortgage Processors I and II. * All other duties as assigned Qualifications: To perform this job successfully, an individual must be able to perform each essential ...

Rize Mortgage

Loan Processor

Plantation, FL · Remote

$19.25 - $25.50/hr

Most mortgage processors work at a lending institution office. Responsibilities and Duties · Interview prospective loan applicants and assist them in finding the best loan products for their needs ...

North Point Mortgage

Mortgage Loan Processor

Westborough, MA · On-site

$41K - $56K/yr

Northpoint Mortgage, recognized as one of the Boston Globe's 2025 Top Places to Work, is a growing New England-based mortgage lender seeking an experienced Mortgage Loan Processor to join our ...

First Horizon Bank

Mortgage Loan Processor

Birmingham, AL · On-site

$37K - $51K/yr

... Mortgage Processors I and II. • All other duties as assigned Qualifications : To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The ...

Rize Mortgage

Loan Processor

Plantation, FL · Remote

$19.25 - $25.50/hr

Most mortgage processors work at a lending institution office. Responsibilities and Duties · Interview prospective loan applicants and assist them in finding the best loan products for their needs ...

First Horizon

Mortgage Loan Processor

Miami Lakes, FL · On-site

$36K - $50K/yr

... Mortgage Processors I and II. • All other duties as assigned Qualifications : To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The ...

ProPlus Staffing LLC

Mortgage Processor

Atlanta, GA · On-site

$38K - $52K/yr

About the job Mortgage Processor Job Summary We are seeking a detail-oriented and organized Mortgage Processor to join our dynamic team. The ideal candidate will play a crucial role in the mortgage ...

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Mortgage Processors information

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$28.5K

$50.9K

$94.5K

How much do mortgage processors jobs pay per year?

As of Jul 4, 2026, the average yearly pay for mortgage processors in the United States is $50,903.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,000.00 and $55,000.00 per year, depending on experience, location, and employer.

How much does a processor for a mortgage company make?

Mortgage processors typically earn between $40,000 and $60,000 annually, depending on experience, location, and company size. Some may receive additional benefits or bonuses based on performance and efficiency in managing loan documentation and communication with clients and lenders.

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.

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 mortgage lending guidelines, attention to detail, and experience with loan documentation, often supported by a background in finance or real estate. Familiarity with loan origination systems (LOS), automated underwriting systems (AUS), and sometimes certifications like Certified Mortgage Processor (NAMP) are typically required. Strong organizational skills, effective communication, and the ability to manage multiple deadlines help professionals excel in this role. These skills and qualities ensure accurate, timely loan processing and excellent client service, which are crucial for successful mortgage transactions.

How much does a mortgage broker make on a $500,000 mortgage?

Mortgage processors typically do not earn commissions based on mortgage amounts; instead, mortgage brokers often earn a commission or fee that ranges from 0.5% to 2% of the loan amount. For a $500,000 mortgage, this could translate to $2,500 to $10,000 in earnings, depending on the broker's commission structure and agreements. Compensation can also include fees for processing and underwriting, but earnings vary based on the broker's experience and the lender's policies.

What are some common challenges mortgage processors face when managing multiple loan files simultaneously?

Mortgage processors often juggle several loan applications at once, which can be challenging due to varying timelines, documentation requirements, and communication with multiple parties. Staying organized and detail-oriented is crucial to ensure that all necessary documents are collected and compliant with lending guidelines. Effective time management and strong communication skills help processors handle last-minute requests or changes, ensuring loans progress smoothly toward closing.

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

A mortgage loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 on a $500,000 loan. Their total earnings depend on the number of loans closed and may include base salary, bonuses, and commissions. Skills in sales and knowledge of lending guidelines can impact income levels.

What are mortgage processors?

Mortgage processors are professionals who manage and organize the paperwork and documentation required for a mortgage loan application. They act as a liaison between the borrower, loan officer, and underwriter, ensuring all necessary information is collected and verified. Their responsibilities include reviewing financial documents, checking credit reports, and making sure the loan file is complete and accurate before it goes to underwriting. Mortgage processors play a key role in making the loan approval process smooth and efficient for both the lender and the borrower.

What is the difference between Mortgage Processors vs Loan Officers?

AspectMortgage ProcessorsLoan Officers
Primary RoleReview and compile borrower documentation, prepare loan files for approvalMeet with clients, assess financial needs, and originate loan applications
CredentialsTypically require mortgage licensing, knowledge of loan productsOften licensed, with sales and customer service skills
Work EnvironmentBank, mortgage company, or lending institutionBank, credit union, or mortgage brokerage
FocusProcessing and verifying loan documentationSales, client consultation, and loan origination

Mortgage Processors focus on preparing and verifying loan documents to ensure smooth approval, while Loan Officers primarily engage with clients to originate loans and assess their financial needs. Both roles are essential in the mortgage industry but differ in responsibilities and daily tasks.

More about Mortgage Processors jobs
What cities are hiring for Mortgage Processors jobs? Cities with the most Mortgage Processors job openings:
What states have the most Mortgage Processors jobs? States with the most job openings for Mortgage Processors jobs include:
What job categories do people searching Mortgage Processors jobs look for? The top searched job categories for Mortgage Processors jobs are:
Mortgage Processors jobs near you
Infographic showing various Mortgage Processors job openings in the United States as of June 2026, with employment types broken down into 73% Full Time, 20% Part Time, 1% Temporary, and 6% Contract. Highlights an 85% Physical, 3% Hybrid, and 12% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.
Mortgage Loan Processor

Mortgage Loan Processor

First Horizon

Memphis, TN • On-site

$35K - $49K/yr

Other

Medical, Dental, Vision, Retirement

Posted 13 days ago

First Horizon Bank rating

8.3

Company rating: 8.3 out of 10

Based on 31 frontline employees who took The Breakroom Quiz

30th of 144 rated banks

Job description

Mortgage Loan Processor

Location: On site in Memphis, TN, Metairie, LA

Summary: The Mortgage Processor Role will be responsible for performing a variety of documentation duties related to both agency and portfolio loans while ensuring compliance with policies and procedures for all loan products. Candidates must possess proficiency with technology and a strong sense of urgency with an ability to work in a team environment while maintaining excellent organization and communication skills. Candidates must also have the ability to self-manage a pipeline of 25-35 loans at all times.

Essential Duties and Responsibilities:

  • Ability to self-manage a pipeline of 25-35 loans on a daily/weekly basis.
  • Ability to calculate complex income streams and assist in restructuring of loan files.
  • Maintain daily workflow prioritization to ensure closing dates are met.
  • Adhere to published SLAs to promote effective pipeline management.
  • Order all required verifications and documentation as required by product guidelines and underwriting.
  • Analyze and ensure all documentation received are accurate and meets product guidelines and underwriting conditions.
  • Responsible for monitoring rate locks and initiating any Change of Circumstances for re-disclosure requirements.
  • Ensure follow-up to all Pre-Funding and Post-Closing Audits as requested.
  • Provide excellent customer service to both internal and external clients.
  • Communicate effectively with all parties to the transaction to keep them informed of file status.
  • Mentor and provide assistance to Mortgage Processors I and II.
  • All other duties as assigned

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required.

• High school Diploma or General education degree with a minimum of five years of Mortgage Loan Processing experience.

• Ability to effectively use various computer software applications.

• Ability to embrace and adopt all Technology as set forth by the line(s) of businesses.

• Working knowledge of Mortgage Residential Loan Workflow from Origination to Post Closing.

• Basic accounting and mathematical skills.

• Ability to effectively Multitask.

• Work successfully in a fast-paced working environment and meet critical deadlines.

• Delivers excellent verbal customer service.

• Demonstrates Leadership.

• Excellent interpersonal skills/Champions Teamwork.

• Goal and success oriented.

• Self-Starter.

• Highly organized, proven track record of successfully managing Time and Pipeline execution.

• A "sales" mindset.

• Retail channel experience (partnering with MLOs, Operations, Underwriters, Regional Mgrs. & Bank Execs).

• Focus on Quality and Understanding of Regulation/Compliance requirements.

• Excellent verbal and written communication skills, bi-lingual in English and Spanish helpful.

• Ability to effectively multi-task, work well in a fast-paced working environment and meet critical deadlines.

• Commitment to a positive customer experience (internal and external).

NMLS Language As part of the employment process for this position, you will have to meet the requirements of a background credit check. This position requires compliance with the S.A.F.E Mortgage Licensing Act of 2008 and all related regulations. Ongoing employment is contingent upon meeting all such requirements.

Benefit Highlights:

  • Medical with wellness incentives, dental, and vision
  • HSA with company match
  • Maternity and parental leave
  • Tuition reimbursement
  • Mentor program
  • 401(k) with 6% match
  • More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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