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Processor Ii Jobs (NOW HIRING)

Mortgage Loan Processor II

TX · Remote

$40K - $56K/yr

First Merchants Bank is seeking a Mortgage Loan Processor II to join our team! This role will be responsible for analyzing and evaluating all information provided within a loan file for compliance ...

Mortgage Loan Processor II

KY · Remote

$40K - $56K/yr

First Merchants Bank is seeking a Mortgage Loan Processor II to join our team! This role will be responsible for analyzing and evaluating all information provided within a loan file for compliance ...

Mortgage Loan Processor II

KY · Remote

$40K - $56K/yr

First Merchants Bank is seeking a Mortgage Loan Processor II to join our team! This role will be responsible for analyzing and evaluating all information provided within a loan file for compliance ...

Mortgage Loan Processor II

IN · Remote

$40K - $56K/yr

First Merchants Bank is seeking a Mortgage Loan Processor II to join our team! This role will be responsible for analyzing and evaluating all information provided within a loan file for compliance ...

Mortgage Loan Processor II

Columbus, OH · On-site

$38K - $52K/yr

First Merchants Bank is seeking a Mortgage Loan Processor II to join our team! This role will be responsible for analyzing and evaluating all information provided within a loan file for compliance ...

Mortgage Loan Processor 2

Columbus, OH · On-site

$38K - $53K/yr

The Mortgage Loan Processor 2 is a critical customer facing position that performs a wide range of duties related to the processing and pre-underwriting of residential mortgage loans. Duties are both ...

Mortgage Loan Processor II

TX · Remote

$40K - $56K/yr

First Merchants Bank is seeking a Mortgage Loan Processor II to join our team! This role will be responsible for analyzing and evaluating all information provided within a loan file for compliance ...

Mortgage Loan Processor 2

Byron Center, MI · On-site

$36K - $50K/yr

The Mortgage Loan Processor 2 is a critical customer facing position that performs a wide range of duties related to the processing and pre-underwriting of residential mortgage loans. Duties are both ...

Credit Processor

Ventura, CA · On-site

$29 - $40/hr

Credit Processor 2 Salary Range: $29.00 - $40.00/ Hr. As the largest machine tool builder in the western world, we need world-class talent in all of our departments. And we're not just looking for ...

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Processor Ii information

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How much do processor ii jobs pay per hour?

As of Jun 16, 2026, the average hourly pay for processor ii 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 is the difference between Processor Ii vs Data Entry Clerk?

AspectProcessor IiData Entry Clerk
Required CredentialsHigh school diploma; some roles may require technical certificationsHigh school diploma or equivalent
Work EnvironmentManufacturing, logistics, or processing facilitiesOffice settings, administrative departments
Employer & Industry UsageManufacturing, healthcare, retailCorporate, government, healthcare
Common Search & Comparison IntentUnderstanding job duties, qualifications, and salary differencesJob responsibilities, skills, and career path

The Processor Ii typically works in manufacturing or processing environments, handling tasks like data verification or product processing, often requiring technical certifications. In contrast, Data Entry Clerks focus on inputting and managing data in office settings, with less emphasis on certifications. Both roles are essential in their industries but differ mainly in work environment and specific job functions.

More about Processor Ii jobs
What cities are hiring for Processor Ii jobs? Cities with the most Processor Ii job openings:
What states have the most Processor Ii jobs? States with the most job openings for Processor Ii jobs include:
Mortgage Loan Processor II

Mortgage Loan Processor II

FIRST MERCHANTS

TX • Remote

$40K - $56K/yr

Full-time

This job post has expired today. Applications are no longer accepted.


First Merchants Bank rating

8.0

Company rating: 8.0 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

53rd of 141 rated banks


Job description

First Merchants Bank is seeking a Mortgage Loan Processor II to join our team! This role will be responsible for analyzing and evaluating all information provided within a loan file for compliance with applicable investor guidelines, regulations, and bank policies as well as coordinating with the originator, underwriter, and closer to get the loan to the closing table.

As part of this role, you will:

  • Validate and analyze income documentation.
    • Calculate income from paystubs and validate to W-2’s.
    • Calculate self employed income.
    • Seek out additional documentation as needed to support the income used for qualification.
    • Address discrepancies.
  • Validate and analyze asset documentation provided.
    • Validate sufficient funds to close.
    • Validate required reserves.
    • Explain/remove inconsistent/large deposits.
    • Calculate asset value as required by applicable investor.
  • Perform initial appraisal review.
    • Complete the appraisal review form.
    • Seek corrections for issues and deficiencies.
    • Validate the appraisal to requirements.
    • Provide copy to borrower as required by regulations.
  • Validate ratio related debts.
  • Analyze credit report for accuracy. Request updates and clarifications as needed.
  • Run Automated Underwriting System (AUS) engines as needed and ensure supporting documentation required by the Automated Underwriting System (AUS) findings and the investor requirements are met prior to submitting the file to underwriting.
  • Review flood determination and take required action.
  • Collect appropriate documentation to clear applicable conditions set by the underwriter.
  • Complete required work to prepare the loan file for the closer.

To be successful in this position, we require the following: 

  • High school diploma or equivalent (GED).
  • Over three (3) through five (5) years of mortgage processing or related experience.
  • Experience with government and/or conventional loan processing.

First Merchants offers the following:

  • Base Pay PLUS Bonuses
  • Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!


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