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Remote Loan Processor Jobs in Draper, UT (NOW HIRING)

CBC Mortgage Agency

MERS Specialist

South Jordan, UT · On-site +1

$18 - $22/hr

Process MERS deactivations for paid-in-full, forgiven, foreclosed, and other applicable loans ... Although this position is primarily remote, employees may be required to report to the office on ...

CBC Mortgage Agency

MERS Specialist

South Jordan, UT · On-site +1

$18 - $22/hr

Process MERS deactivations for paid-in-full, forgiven, foreclosed, and other applicable loans ... Although this position is primarily remote, employees may be required to report to the office on ...

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All JobsLoan Processor JobsRemote Loan Processor JobsRemote Loan Processor Jobs in Draper, UT

Remote Loan Processor information

See Draper, UT salary details

$12

$19

$28

How much do remote loan processor jobs pay per hour?

As of Aug 16, 2026, the average hourly pay for remote loan processor in Draper, UT is $19.91, according to ZipRecruiter salary data. Most workers in this role earn between $16.88 and $22.45 per hour, depending on experience, location, and employer.

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.

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.

Is a remote loan processor a difficult job?

A remote loan processor's job involves reviewing financial documents, verifying information, and ensuring compliance, which requires attention to detail and organizational skills. The role can be routine but may also involve handling complex cases, making accuracy and time management important. Overall, it is considered manageable with proper training and experience.

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 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 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.

More about Remote Loan Processor jobs

What are the most commonly searched types of Loan Processor jobs in Draper, UT?

The most popular types of Loan Processor jobs in Draper, UT are:

What are popular job titles related to Remote Loan Processor jobs in Draper, UT?

For Remote Loan Processor jobs in Draper, UT, the most frequently searched job titles are:

What job categories do people searching Remote Loan Processor jobs in Draper, UT look for?

The top searched job categories for Remote Loan Processor jobs in Draper, UT are:

What cities near Draper, UT are hiring for Remote Loan Processor jobs?

Cities near Draper, UT with the most Remote Loan Processor job openings:

Remote Loan Processor jobs near you
Infographic showing various Remote Loan Processor job openings in Draper, UT as of August 2026, with employment types broken down into 89% Full Time, 6% Part Time, and 5% Contract. Highlights an 100% Remote job distribution, with an average salary of $41,421 per year, or $19.9 per hour.

Retail Mortgage Loan Originator

Veritas Funding

Salt Lake City, UT • Remote

Full-time

Re-posted 19 hours ago

Job description

POSITION SUMMARYThe Retail Mortgage Loan Originator (MLO) plays a key role in helping customers secure financing for the purchase or refinance of residential real estate. This position requires a strong ability to gather and analyze financial information, review credit profiles, and clearly explain loan options to borrowers. Success in this role also depends on the ability to self‑generate business through networking with real estate agents, builders, and other referral partners, as well as maintaining strong relationships with past clients to encourage repeat business and referrals.ESSENTIAL DUTIES AND RESPONSIBILITIESThe essential functions include, but are not limited to the following:Loan File & Pipeline ManagementGather loan file conditions and obtain missing or supporting documentation.Manage an active pipeline daily, including new application reviews, condition reviews, and other origination tasks within established turn times.Submit complete, accurate loan packages to processing.Lock interest rates in accordance with company policies and market conditions.Communication & CollaborationCommunicate with processing and underwriting teams to clarify outstanding conditions, resolve deficiencies, and interpret underwriting guidelines.Respond promptly to customer inquiries regarding rates, products, and loan status to ensure a high‑quality customer experience.Resolve file issues, bottlenecks, and qualifying challenges throughout the production and underwriting process.Financial Analysis & Product SelectionAnalyze income from salaried, commissioned, self‑employed, investment, and fixed‑income sources.Review and evaluate asset statements across various account types.Assess credit reports and overall financial scenarios to determine appropriate loan products.Run DU and LP findings and reconcile variances in accordance with published guidelines.Compliance & Regulatory RequirementsMaintain full compliance with RESPA, Regulation Z, Fair Lending, HMDA, the Bank Secrecy Act, and all other regulations governing the mortgage application process.Stay current on company loan guidelines, investor requirements, pricing policies, and VA regulations.Meet expectations for attendance, punctuality, and adherence to company standards.Business Development & MarketingGenerate new business through networking with real estate agents, builders, and other referral sources.Maintain and grow relationships with existing customers to encourage repeat business and referrals.Coordinate, create, track, and distribute marketing materials.Manage client and referral partner databases to support ongoing business development efforts.KNOWLEDGE, SKILLS & ABILITIESStrong critical thinking and sound judgment, with the ability to evaluate data, anticipate downstream impacts, and assess risk.Ability to prioritize multiple tasks in a fast‑paced, deadline‑driven environment with a strong sense of urgency.Excellent customer service, interpersonal, verbal, and written communication skills.Intermediate math proficiency.High attention to detail and strong organizational skills.Professionalism and patience when interacting with internal and external customers.High ethical standards and alignment with company values.Proficiency with data entry, PDF software, Microsoft Word, and Excel.EDUCATION & EXPERIENCEActive NMLS license required.High school diploma or GED equivalent, must also be 18 years or older. Minimum of 2 years of recent mortgage loan origination experience.Experience with automated underwriting systems (DU/LP) requiredCurrent knowledge of FNMA/FHLMC, FHA, USDA, and VA guidelines, standards, and practices requiredPrevious experience with Encompass software preferred