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Payoff Processor Jobs (NOW HIRING)

Hometap

National Title and Escrow Processor

Denver, CO · On-site

$50K - $60K/yr

... and payoff demands, meticulously reviewing executed closing files, and preparing and submitting ... Process title orders, which includes (but is not limited to) opening orders, ordering title search ...

Copart, Inc.

Title Express Processor - Lender Services

$20.26 - $22.84/hr

The Lender Express Processor is responsible for assisting auto insurance companies with procurement ... Initial Lien Holder calls (Calls are to secure payoff information, Letters of Guarantee and Copy of ...

Upstart

Senior Loan Processor, Auto

Columbus, OH

As a Senior Loan Processor, Auto at Upstart, you will review and verify applications that require ... Verify customer income, insurance documentation, payoff quotes, and other application materials to ...

Banc of California

Loan Processor I

Escondido, CA

$19.75 - $26.25/hr

Perform loan payoff maintenance and coordinate processing requests for demand with the Loan Demand department. * Keep accurate records of payoffs and prepare loan files for warehousing at Iron ...

Banc of California

Loan Processor I

Escondido, CA · On-site

$21.39 - $32.21/hr

Perform loan payoff maintenance and coordinate processing requests for demand with the Loan Demand department. * Keep accurate records of payoffs and prepare loan files for warehousing at Iron ...

Banc of California

Loan Processor I

Escondido, CA · On-site

$21.39 - $32.21/hr

Perform loan payoff maintenance and coordinate processing requests for demand with the Loan Demand department. * Keep accurate records of payoffs and prepare loan files for warehousing at Iron ...

First State Bank

RE Loan Processor I

Gainesville, TX · On-site

$17 - $22.75/hr

Various clerical duties including: answering phone calls, file maintenance, scanning files (loan documents, financials and appraisals, etc.), processing payoff proceeds and processing paid loan ...

First Business Bank

Loan Processing Associate

Madison, WI · Hybrid

$19 - $25.25/hr

... payoff statements, and completing credit verifications. The Commercial Loan Processor monitors and follows up on monthly tickler reports and loan-related exceptions to ensure timely resolution and ...

First Business Bank

Loan Processing Associate

Madison, WI · Hybrid

$19 - $25.25/hr

... payoff statements, and completing credit verifications. The Commercial Loan Processor monitors and follows up on monthly tickler reports and loan-related exceptions to ensure timely resolution and ...

FIRST STATE BANK

RE Loan Processor I

Gainesville, TX · On-site

$17 - $22.75/hr

Various clerical duties including: answering phone calls, file maintenance, scanning files (loan documents, financials and appraisals, etc.), processing payoff proceeds and processing paid loan ...

Red Clover HR

Loan Servicing Manager

Bergen, NY · On-site

$85K - $100K/yr

This role is responsible for managing post-closing quality control, loan boarding, escrow administration and analysis, insurance and tax monitoring, payment and payoff processing, secondary market ...

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Payoff Processor information

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How much do payoff processor jobs pay per hour?

As of Jun 27, 2026, the average hourly pay for payoff processor in the United States is $16.74, according to ZipRecruiter salary data. Most workers in this role earn between $13.46 and $19.23 per hour, depending on experience, location, and employer.

What are the typical challenges faced by a Payoff Processor, and how can they be managed effectively?

Payoff Processors often encounter challenges such as tight deadlines, handling high volumes of payoff requests, and ensuring accuracy in financial documentation. Managing these challenges effectively requires strong attention to detail, time management skills, and effective communication with lenders, borrowers, and internal teams. Proactive organization and familiarity with loan processing software can help streamline workflows and reduce errors, making the role more manageable and rewarding.

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

To thrive as a Payoff Processor, you need strong attention to detail, analytical skills, and a solid understanding of loan documentation and payoff procedures, typically supported by a high school diploma or associate degree. Familiarity with mortgage servicing software, loan origination systems, and basic office applications is essential. Excellent organizational skills, clear communication, and the ability to work under tight deadlines are valuable soft skills for this role. These abilities ensure accurate and timely processing of payoffs, minimizing errors and maintaining customer and lender satisfaction.

What is the difference between Payoff Processor vs Loan Processor?

AspectPayoff ProcessorLoan Processor
CredentialsTypically requires high school diploma or equivalent; some roles prefer financial or banking certificationsHigh school diploma or equivalent; some roles benefit from mortgage or banking certifications
Work EnvironmentFinancial institutions, mortgage companies, or banks; primarily office-basedMortgage companies, banks, or lending institutions; office-based
Job FocusCalculating and processing payoff amounts for loans, ensuring accurate and timely payoff transactionsReviewing loan applications, verifying documents, and preparing loan files for approval

While both roles operate within the financial and lending industry, a Payoff Processor specializes in managing loan payoff calculations and transactions, whereas a Loan Processor handles the review and preparation of loan applications. Understanding these differences helps clarify career paths and employer expectations in the mortgage and banking sectors.

What is a Payoff Processor?

A Payoff Processor is a financial professional who manages the processing of loan payoffs, typically in the mortgage or auto lending industry. Their main responsibilities include verifying payoff amounts, preparing and sending payoff statements, ensuring funds are properly applied, and coordinating with borrowers, lenders, and other parties to finalize the payoff process. Payoff Processors play a crucial role in ensuring loans are closed smoothly and all legal and financial obligations are met.
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What job categories do people searching Payoff Processor jobs look for? The top searched job categories for Payoff Processor jobs are:
Payoff Processor jobs near you
Infographic showing various Payoff Processor job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 95% In-person, and 5% Hybrid job distribution, with an average salary of $34,822 per year, or $16.7 per hour.
National Title and Escrow Processor

National Title and Escrow Processor

Hometap

Denver, CO • On-site

$50K - $60K/yr

Other

Medical, Dental, Vision, PTO

Posted 4 days ago

Job description

Who you are:

We are seeking a detail-oriented and highly organized Title and Escrow Processor to manage all aspects of title order processing from inception to final recording. This role involves opening orders, procuring necessary title search products, HOA documents, and payoff demands, meticulously reviewing executed closing files, and preparing and submitting legal documents for recording. 

You're a great fit if you bring exceptional communication skills along with a customer service orientation. You're a strong problem-solver, and thrive when you are working collaboratively in a high volume, fast-paced environment. Experience with title or escrow is a plus, but not required. This is an in-person position, working out of our Denver, Colorado office.

What you'll do:

  • Process title orders, which includes (but is not limited to) opening orders, ordering title search products, ordering and processing HOA documents, and ordering and processing payoff demands
  • Receive, process, and return executed documents; review completed closing files to confirm all required documents are executed, notarized, and properly included
  • Prepare and submit legal documents for recording with the appropriate county recorder's office
  • Monitor the status of recordings, and follow up to ensure timely return and proper indexing
  • Identify and resolve discrepancies or deficiencies in recorded documents or title reports
  • Upload and organize final documents in the company's file management system
  • Maintain compliance with company policies, industry regulations, and title insurance standards

What you bring:

  • Excellent verbal and written communications skills, with the ability to work cross-functionally with multiple teams
  • A knack for problem solving and finding solutions to ambiguous problems
  • Strong technical skills - comfortable working at a computer, and proficient in Microsoft Office and Google Suites 
  • Experienced in customer service, with comfort communicating with customers via phone and email
  • Ability to work in a fast-paced, high-growth environment as an individual contributor and in collaboration with internal and external partners
  • A high degree of organization, while maintaining the ability to be flexible and reprioritize quickly
  • Self-motivated and capable of managing tasks autonomously
  • Must be located in Denver, Colorado and able to work in-office

Bonus points:

  • Fluency with escrow and title software, ideally Qualia
  • Experience in title or escrow

The salary range for this role is $50,000 - $60,000, depending on your experience, skills, location, and other factors. You'll also receive meaningful equity, so you can share in our growth and success. We offer generous medical, dental, and vision coverage, a work-from-home stipend, parental leave, and plenty of paid time off to recharge.

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