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Remote Loan Processor Jobs in Chicago, IL (NOW HIRING)

Symicor Group

Credit Analyst - Job # 3448

Chicago, IL · Remote

$40/hr

Credit Analyst - To $40/hr - Remote - (1099/Contract) - Job # 3448 Who We Are The Symicor Group is ... The successful Credit Analyst candidate will be responsible for processing daily credit ...

CIBC

Equipment Finance Operations Manager

Chicago, IL · On-site +1

$110K - $135K/yr

You'll oversee the preparation and review of loan and lease documentation, monitor collateral ... You'll also support payment processing, payoffs, and transaction monitoring while delivering a ...

CIBC US

Equipment Finance Operations Manager

Chicago, IL · On-site +1

$110K - $135K/yr

You'll oversee the preparation and review of loan and lease documentation, monitor collateral ... You'll also support payment processing, payoffs, and transaction monitoring while delivering a ...

Huntington

Sr Financial Recovery Rep (SBA)

Chicago, IL · On-site +1

$70K - $140K/yr

Works with moderately large and complex loans. May coach less experienced employees. Duties ... Establishes or works with management to develop effective controls and processes to ensure risks ...

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All JobsLoan Processor JobsRemote Loan Processor JobsRemote Loan Processor Jobs in Chicago, IL

Remote Loan Processor information

See Chicago, IL salary details

$14

$21

$31

How much do remote loan processor jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for remote loan processor in Chicago, IL is $21.96, according to ZipRecruiter salary data. Most workers in this role earn between $18.61 and $24.76 per hour, depending on experience, location, and employer.

What is a remote loan processor?

A remote loan processor works from a remote location interview applicants who are seeking loans. Your goal in this work from home career is to obtain the information necessary for them to get the desired financing. As a remote loan processor, some of your responsibilities include examining an applicant’s application for accuracy, interviewing applicants, and verifying an applicant’s financial and personal information. Other duties include verifying applicant references, investigating their background, forwarding findings to the appropriate loan professionals and the appraisal department, preparing loan request papers, and completing transactions between borrowers, sellers, and loan establishments once the borrower receives approval.

What does a remote loan processor do?

As a remote loan processor, your job is to work from home in a virtual office to review an application and other documents from a client. In this role, you may help decide whether to finance their loan, create a report, or talk with the client to get verification of specific pieces of information. Most remote loan processors specialize in specific areas, such as mortgages or retail lending. Aside from reviewing documents for completion, you also look for signs of fraud and help to safeguard lending institutions. Most remote loan processing takes place in a time-sensitive environment with often 24 hours or less for processing paperwork, so the ability to consistently multitask and prioritize your work is essential to success in this field.

What are the key skills and qualifications needed to thrive as a remote loan processor, and why are they important?

A Remote Loan Processor is a financial professional who reviews and processes loan applications from a remote location, rather than working in a traditional office setting. They gather and verify required documentation, ensure loan files are complete, and work closely with loan officers, underwriters, and clients to move applications through the approval process. Using secure digital platforms, remote loan processors manage tasks such as data entry, credit checks, and compliance reviews. Their work helps streamline the mortgage or loan approval process for banks, credit unions, and other lending institutions.

How do remote loan processors typically communicate and collaborate with underwriters, loan officers, and other team members?

Remote Loan Processors rely heavily on digital collaboration tools and secure loan origination systems to coordinate with underwriters, loan officers, and other stakeholders. Regular communication often occurs through email, secure messaging platforms, and scheduled video meetings to ensure all parties are aligned on document requirements and loan status. Staying organized and proactive in providing updates is key to maintaining smooth workflows and meeting tight deadlines. Team structures vary, but most organizations foster a supportive environment with dedicated channels for quick questions and issue resolution.

What is the difference between Remote Loan Processor vs Remote Underwriter?

AspectRemote Loan ProcessorRemote Underwriter
CredentialsLoan processing certifications, knowledge of mortgage documentsMortgage underwriting certifications, FHA/VA/Conventional knowledge
Work EnvironmentHome office, financial institutions, mortgage companiesHome office, financial institutions, mortgage companies
Industry UsageCommonly employed in mortgage lendingCommonly employed in mortgage lending
Primary RoleReview and verify loan documents, prepare files for approvalAssess risk, evaluate borrower qualifications, approve or deny loans

While both Remote Loan Processors and Remote Underwriters work in the mortgage industry and often from home, their roles differ. Loan Processors focus on gathering and verifying documents to prepare loans for approval, whereas Underwriters evaluate the risk and make final approval decisions. Understanding these distinctions helps job seekers identify the right position based on their skills and career goals.

How much do entry level remote loan processors make?

Entry-level remote loan processors typically earn between $35,000 and $50,000 annually, depending on the employer and location. Starting salaries may increase with experience, certifications, and proficiency with loan processing software and tools.
More about Remote Loan Processor jobs

What are the most commonly searched types of Loan Processor jobs in Chicago, IL?

The most popular types of Loan Processor jobs in Chicago, IL are:

What are popular job titles related to Remote Loan Processor jobs in Chicago, IL?

For Remote Loan Processor jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Remote Loan Processor jobs in Chicago, IL look for?

The top searched job categories for Remote Loan Processor jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Remote Loan Processor jobs?

Cities near Chicago, IL with the most Remote Loan Processor job openings:

Remote Loan Processor jobs near you
Infographic showing various Remote Loan Processor job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% Remote job distribution, with an average salary of $45,680 per year, or $22 per hour.

Corporate Trust Relationship Manager III (Remote)

Agility 360

Chicago, IL • On-site, Remote

Full-time, Contractor

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

Corporate Trust Relationship Manager III (Remote)
Agility 360 is seeking a Corporate Trust Relationship Manager III to manage a portfolio of Public Finance Corporate Trust clients while ensuring exceptional client service, operational excellence, compliance oversight, and relationship growth. This role serves as a key liaison between clients, business development officers, and internal teams, overseeing trustee, paying agent, escrow, custodial safekeeping, and other corporate trust services. The ideal candidate will combine strong relationship management, leadership, banking operations, and regulatory expertise to drive client satisfaction, operational efficiency, and business growth.
ESSENTIAL JOB FUNCTIONS
  • Manage a portfolio of Public Finance Corporate Trust clients requiring Trustee, Paying Agent, Escrow, custodial safekeeping, and related corporate trust services.
  • Oversee day-to-day client operations, service delivery, and reporting in partnership with client service associates.
  • Monitor and respond to client inquiries while ensuring timely resolution of service-related issues.
  • Coordinate debt service bond payments and ensure accurate execution of trustee and paying agent responsibilities.
  • Monitor portfolio compliance requirements and identify, escalate, and resolve non-routine operational issues.
  • Develop and maintain strong relationships with Public Finance Corporate Trust clients and key stakeholders.
  • Partner with Business Development Officers to support client retention, relationship expansion, and new business opportunities.
  • Review and approve new client relationships in accordance with account acceptance policies and procedures.
  • Build and maintain relationships with external intermediaries that support the Public Finance business.
  • Ensure clients receive accurate, timely, and required reporting and communication.
  • Respond to inquiries from clients, bondholders, attorneys, trustees, and other interested parties.
  • Identify operational challenges, business risks, and process improvement opportunities; implement solutions to enhance efficiency and controls.
  • Coordinate operational changes and process enhancements within the business unit.
  • Support achievement of revenue, new business, and expense management goals.
  • Lead, coach, train, and develop client service associates and other team members.
  • Participate in hiring, performance management, employee development, and annual review processes.
  • Drive product efficiency initiatives and lead business-related projects as needed.

EDUCATION / EXPERIENCE REQUIREMENTS
  • Bachelor's degree or equivalent combination of education and experience required.
  • Minimum of 8 years of experience in Corporate Trust, Public Finance, banking, or a related financial services field.
  • Previous leadership, supervisory, or team management experience required.
  • Advanced knowledge of Corporate Trust products and services, including Trustee, Paying Agent, Escrow, and custodial services.
  • Advanced knowledge of banking operations, including deposit operations, loan administration, treasury management, and commercial banking products.
  • Strong understanding of applicable regulatory requirements, legal compliance obligations, industry standards, and best practices.
  • Excellent verbal and written communication, client relationship management, and problem-solving skills.
  • Proven ability to manage complex client relationships and operational processes.

ADDITIONAL DETAILS
  • Location: Remote
  • Salary: Commensurate with experience.
  • Travel: Up to 25% travel may be required.
  • Industry: Banking / Corporate Trust / Public Finance
  • Employment Type: Contract to hire

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