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

Einstein Tutoring

Remote Loan Processor

Downers Grove, IL · Remote

$28 - $38/hr

We are hiring a Remote loan processor to manage files from Loan requests, Pending Requests, and unqualified requests, and All detials from application through closing, this is a new section ...

New

Constructive Loans, LLC

Loan Opener

Oakbrook Terrace, IL · Remote

Position Overview Reporting to the Processing Manager, Processing, this position is responsible for ... REMOTE NOTE: At this time, we are thoroughly reviewing all applications and will reach out directly ...

Dunmor

Loan Originator

Chicago, IL · 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 ...

Above Lending

Loan Sales Representative

Chicago, IL · Remote

We are looking for agents available to work the following shifts: 8:00a - 5:00p CT (remote) 12:00p ... process * Manage both inbound and outbound calls You Have * Minimum 2 years of experience in ...

CIBC

Loan Syndications - Portfolio Manager

Chicago, IL · On-site +1

$160K - $180K/yr

... process from start to finish. You'll ensure the accuracy of underwriting and drive efficient ... Details on your work arrangement (proportion of on-site and remote work) will be discussed at the ...

CIBC US

Loan Syndications - Portfolio Manager

Chicago, IL · On-site +1

$160K - $180K/yr

... process from start to finish. You'll ensure the accuracy of underwriting and drive efficient ... Details on your work arrangement (proportion of on-site and remote work) will be discussed at the ...

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Remote Loan Processor information

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$31

How much do remote loan processor jobs pay per hour?

As of Jul 11, 2026, the average hourly pay for remote loan processor in Romeoville, IL is $21.72, according to ZipRecruiter salary data. Most workers in this role earn between $18.37 and $24.52 per hour, depending on experience, location, and employer.

What is a Remote Loan Processor?

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 to make $1000 a week remotely?

A remote loan processor can potentially earn $1000 a week by working full-time hours, often 40 hours or more, and gaining experience or specialized skills such as underwriting or compliance. Increasing income may also involve taking on multiple clients, working overtime, or pursuing certifications that enhance earning potential within the role.

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.

How can I make $2000 a week working from home?

A remote loan processor can potentially earn $2000 a week by working full-time, handling a high volume of loan applications, and gaining experience to increase efficiency. Developing strong skills in data entry, customer service, and familiarity with loan processing software can improve productivity and earning potential. Some roles may also offer bonuses or commissions based on performance, contributing to higher weekly income.

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

To thrive as a Remote Loan Processor, you need a solid understanding of loan documentation, underwriting guidelines, and financial regulations, typically supported by experience in mortgage or lending environments. Familiarity with loan origination systems (LOS) such as Encompass or Calyx, and knowledge of compliance standards like TRID, are essential. Strong attention to detail, organizational skills, and effective communication set top performers apart in this remote role. These competencies ensure accurate loan processing, regulatory compliance, and efficient customer service, all of which are vital for successful loan closures.

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 Job of 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.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can vary depending on the lender, location, and whether the role is salaried or commission-based, with some earning additional bonuses for high-volume loans.

Will MLO be replaced by AI?

A Mortgage Loan Originator (MLO) is a professional who guides borrowers through the mortgage process, and while AI tools can assist with tasks like data analysis and document processing, they are unlikely to fully replace MLOs due to the need for personalized customer service and complex decision-making. MLOs will continue to play a vital role in client interactions, compliance, and nuanced financial assessments. Skills in communication, regulatory knowledge, and familiarity with loan origination software remain essential in this field.

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
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What cities near Romeoville, IL are hiring for Remote Loan Processor jobs? Cities near Romeoville, IL with the most Remote Loan Processor job openings:
Remote Loan Processor jobs near you

Remote Loan Processor

Einstein Tutoring

Downers Grove, IL • Remote

$28 - $38/hr

Full-time

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

Job description

Join our Team at Einstein Tutoring LLC: The Hub For Diversity And Inclusion In The Educational System
Compensation: Competitive hourly rate based on experience

About Einstein Tutoring LLC:

Einstein Tutoring LLC specialize in providing high quality, personalized tutoring services for students in Private homes, Hosipitals, and normal school settings. Our major focus is on supporting student with special education needs, including those with IEPs, autism, developmental disabilities, and other learning challenges.
Our Mission: We strive to ensure that every student is provided with personalized/individualized academic assistance they need to thrive in an inclusive learning environment.
Job Role Overview: We are hiring a Remote loan processor to manage files from Loan requests, Pending Requests, and unqualified requests, and All detials from application through closing, this is a new section integrated to help the growing need for individualized academic assistance for special need students. The Remote Loan processor will be in charge of making sure all paperwork is complete, accurate, and moving on schedule, so loan officers and underwriters aren't stuck waiting on missing documents.

Your efforts will help create a supportive and inclusive learning atmosphere that promotes the academic and social growth of all students.

Key Role Responsibilities:

  • Collection and revewing of borrowers Required documents for completeness
  • Customer Verification and follow up
  • Keeping All files, loan document organized and on track towards the final closing date
  • Stop missing or inconsistent records to prevent confusion or some other delays that could hold up underwriting
  • Ensure timely follow up by communicating with internal departments and Loan officers.
  • Keep track of service history and open requests.
  • Support business processes that enhance service delivery
  • Communitcate with customers and loan officers about what is still needed.

Qualifications:
Educational Background: High school diploma or equivalent required; an associate's or bachelor's degree in a related field is preferred.

Experience: Prior experience working with children in a classroom setting, especially those with special needs, is highly desirable.

Skills: Comfortable handling a large number of files with different deadlines, detail oriented and able to work in a remote set up independly while staying responsvie to team and dedicated to the project and must be able to work under pressure.

Communication: Excellent interpersonal skills for collaborating effectively with customers with special need students, loan officers and other Department staffs.

Strong organizational and multi-tasking skills.

Minimum one year experience in customer service, administrative support, resident services, operations support, scheduling or related field.

    Excellent written and verbal communication skills.

    Commitment: A patient, organized and a detail oriented person who catches the smallerst stuffs.

    Experience working with remote/distributed teams.

    Excellent dispute resolution and problem solving skills.
    A good high speed internet connection and a dedicated work area.

    Independent, self-starting, and able to connect with a distant team.

      Experience with Microsoft Office Suite, Google Workspace and web based business applications.

      What We Offer:
      We rewards are impactful and comepitivtive

      Why Join Einstein Tutoring LLC Team?

      Impactful Work : Make a meaningful difference in the lives of students with special needs.

      Supportive Environment : Be part of a team that values collaboration, creativity, and professional growth.

      Flexibility : Enjoy the freedom to develop and implement teachng methods and lesson plans that best suit your students needs.

      If you are passionate about education and dedicated to fostering an inclusive environment, we encourage you to apply for this rewarding opportunity.

      Einstein Tutoring LLC is an equal opportunity employer committed to diversity and inclusion in the workplace