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Remote Loan Processor Jobs in O Fallon, IL (NOW HIRING)

Dunmor

Loan Originator

Saint Louis, MO · On-site +1

Partner with internal teams such as Processing, Underwriting, and Valuations to ensure smooth and timely loan processing. * Act as a liaison between clients and operations to overcome challenges and ...

USA Mortgage

Secondary Marketing Analyst

Creve Coeur, MO · On-site +1

$80K - $100K/yr

Remote POSITION SUMMARY DESCRIPTION The Secondary Marketing Analyst supports the Capital Markets ... loan sale processes. Experience with pricing engines such as Optimal Blue. Familiarity with ...

New

Vylla Home

Real Estate Agent Team Lead

Saint Louis, MO · Remote

$85K - $185K/yr

Join Vylla Home, where we're transforming the real estate process to create exceptional experiences ... Remote Job Type: Full-time Commission: $85,000.00 - $185,000.00 per year Experience level: * 2 ...

Vylla Home

Real Estate Agent Team Lead

Saint Louis, MO · Remote

$85K - $185K/yr

Join Vylla Home, where we're transforming the real estate process to create exceptional experiences ... Remote Job Type: Full-time Commission: $85,000.00 - $185,000.00 per year Experience level: * 2 ...

Birch Creek Energy

Senior Real Estate Counsel

Saint Louis, MO · On-site +1

$135K - $184K/yr

The ability to work from our STL or LA office is a plus factor, but remote-work candidates are also ... Lead title review and curative processes for project sites, including analysis of title commitments ...

St. Louis County, MO

Public Health Nurse

Saint Louis, MO · On-site +1

$27.37 - $30/hr

North Central Community Health Center - St Louis County, MO, MO Job Type: Full-Time Remote ... Public Service Loan Forgiveness: We participate in this program to support your financial future.

All JobsLoan Processor JobsRemote Loan Processor JobsRemote Loan Processor Jobs in O'Fallon, IL

Remote Loan Processor information

See O Fallon, IL salary details

$12

$19

$28

How much do remote loan processor jobs pay per hour?

As of Sep 6, 2026, the average hourly pay for remote loan processor in O'Fallon, IL is $19.87, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $22.40 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.
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What cities near O'Fallon, IL are hiring for Remote Loan Processor jobs?

Cities near O'Fallon, IL with the most Remote Loan Processor job openings:

Remote Loan Processor jobs near you
Infographic showing various Remote Loan Processor job openings in O'Fallon, IL as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 14% Part Time, 3% Contract, and 1% Nights. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $41,331 per year, or $19.9 per hour.

Loan Originator

Dunmor

Saint Louis, MO • On-site, Remote

Full-time

Re-posted 25 days ago

Job description

About Dunmor
Dunmor is a premier direct lender specializing in senior debt financing for residential and multifamily real estate investors. Our suite of products includes bridge loans, value-add loans, new construction loans, and permanent portfolio loans, offering diverse solutions to borrowers nationwide.
As a FinTech commercial lender in rapid-growth mode, Dunmor sets itself apart by embedding advanced technological systems into every facet of our operations, enabling an efficient and client-focused lending experience.
Job Summary
Dunmor is seeking results-driven sales professionals to join our team as Loan Originators. This role is ideal for individuals with a strong background in exceeding sales targets, building strategic relationships, and driving revenue growth within the investment real estate sector.
The ideal candidate will have a proven track record of funding $3 million or more in monthly origination volume in areas such as fix-and-flip, ground-up construction, single-family rental, and short-term bridge financing. This is a high-impact sales role for ambitious professionals who thrive in a fast-paced, performance-oriented environment.
Essential Duties and Responsibilities
As a Loan Originator, you will leverage your sales acumen to identify opportunities, develop client relationships, and drive new business. Key responsibilities include:
1. Sales and Revenue Generation
  • Actively pursue and secure new business by cultivating relationships with property investors, brokers, and real estate agents.
  • Consistently achieve or exceed monthly sales goals by identifying and capitalizing on lending opportunities.
  • Negotiate and present compelling loan terms, creating customized solutions to meet client needs and drive deal closures.

2. Sales Strategy and Relationship Management
  • Build and maintain a network of real estate investors and referral partners, including brokers and realtors, to create a steady flow of high-quality leads.
  • Utilize data-driven insights and market trends to strategically target opportunities and maximize sales potential.
  • Develop strong, long-term relationships with clients, ensuring repeat business and referrals.

3. Pipeline and Performance Management
  • Maintain a dynamic pipeline of potential deals, ensuring timely follow-ups and efficient progression from lead generation to loan closing.
  • Consistently update the CRM system to reflect the status of prospects, applications, and active clients.
  • Monitor sales performance metrics and adjust strategies to optimize outcomes.

4. Collaboration and Operational Alignment
  • Partner with internal teams such as Processing, Underwriting, and Valuations to ensure smooth and timely loan processing.
  • Act as a liaison between clients and operations to overcome challenges and meet client expectations effectively.

5. Industry Networking and Brand Building
  • Represent Dunmor at trade shows, industry conferences, and other events to establish the company as a trusted brand in real estate financing.
  • Leverage strategic pre-planning and post-event outreach to convert leads into closed deals.

Qualifications
  1. Sales Expertise: Proven ability to consistently achieve $3 million or more in monthly origination volume within fix-and-flip, ground-up construction, single-family rental, or short-term bridge financing.
  2. Customer-Focused Selling: Track record of delivering customized solutions and superior client experiences.
  3. Communication and Negotiation Skills: Strong interpersonal, negotiation, and presentation abilities.
  4. Analytical Skills: Proficient in analyzing financial information, structuring deals, and tailoring loan terms to client needs.
  5. Technical Proficiency: Skilled in Microsoft Word, Excel, Outlook, and PowerPoint, with familiarity in CRM systems.
  6. Entrepreneurial Spirit: Self-motivated, ambitious, and driven by achieving and surpassing sales targets.
  7. Experience in the Industry: Previous or current experience with a direct competitor of Dunmor is strongly preferred.

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