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

Constructive Loans, LLC

Loan Opener

Oakbrook Terrace, IL · Remote

$21.50 - $23/hr

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 ...

Obsidian Financial Services

Be Seen First

Licensed Mortgage Loan Officer

Schaumburg, IL · Remote

$70K - $300K/yr

Submit complete and accurate loan files to processing * Attend weekly loan and product training ... Ability to work independently in a remote environment Preferred Qualifications * Bilingual (Spanish ...

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

Remote Loan Processor information

See Streamwood, IL salary details

$13

$21

$30

How much do remote loan processor jobs pay per hour?

As of Aug 6, 2026, the average hourly pay for remote loan processor in Streamwood, IL is $21.04, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $23.75 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 popular job titles related to Remote Loan Processor jobs in Streamwood, IL? For Remote Loan Processor jobs in Streamwood, IL, the most frequently searched job titles are:
What job categories do people searching Remote Loan Processor jobs in Streamwood, IL look for? The top searched job categories for Remote Loan Processor jobs in Streamwood, IL are:
What cities near Streamwood, IL are hiring for Remote Loan Processor jobs? Cities near Streamwood, IL with the most Remote Loan Processor job openings:
Remote Loan Processor jobs near you
Infographic showing various Remote Loan Processor job openings in Streamwood, IL as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% Remote job distribution, with an average salary of $43,771 per year, or $21 per hour.

Remote Loan Originator - Nationwide

The Federal Savings Bank

Chicago, IL • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement

Re-posted 29 days ago

Job description

Job Type
Full-time
Description
Looking for Remote Loan Originators Nationwide!
If you're motivated to refine your abilities, increase your efficiency, and help more referral partners close more loans, all while enhancing your lifestyle, then you are in the right place! At The Federal Savings Bank you will have the ability to lend in all 50 states and help more clients! We are a veteran-owned, federally chartered bank that offers the widest array of Fannie, Freddie, Ginnie, jumbo, non-QM, reverse, and bank portfolio loan programs that enable you to say YES! We can close your purchases and refinances within 25 days with in-house processing, underwriting, and closing, a fully paid loan officer assistant program, and world class origination and customer fulfillment systems. Additionally, we offer marketing support to optimize your online presence, and maintain strong relationships with past clients and referral partners, and help you grow your business!
For more details please contact:
Alejandra Villasenor
Phone: (312) 738-8422
Email: avillasenor@thefederalsavingsbank.com
What You Bring:
  • You are an enthusiastic go-getter who is highly motivated
  • You can bring and serve existing referral sources (such as realtors, previous customers, and other lead generators).
  • You can build new referral sources nationwide with the ability to lend in 50 states
  • You possess the ability to master different loan programs, and desire to learn our bank portfolio programs to complete your experience in originating Fannie/Freddie, FHA, VA, and USDA loans

What We Bring:
  • Loan programs for every borrower: FHA, VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio programs (ITIN, bridge, 2nd home, investment, etc.), Condos/Co-ops, portfolio construction & renovation programs, reverse mortgage, multi-family & apartment building, commercial, personal unsecured loans and more!
  • Cutting edge mortgage app, digital closing software, and our marketing CRM
  • Annual Chairman's Club trips to fantastic cultural destinations
  • Coaching from your Executive Vice President to help you grow professionally
  • TFSB offers an extensive benefits package, including medical, dental, vision and 401k match!

Compensation
  • This position is commission-based

The Federal Savings Bank is an equal opportunity employer . All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

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