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

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 ...

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 ...

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 ...

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 ...

Senior Real Estate Counsel

Saint Louis, MO · Remote

$142K - $194K/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 ...

Senior Real Estate Counsel

Saint Louis, MO · Remote

$142K - $194K/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 ...

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.

Remote Loan Processor information

See Troy, IL salary details

$12

$19

$28

How much do remote loan processor jobs pay per hour?

As of Aug 1, 2026, the average hourly pay for remote loan processor in Troy, IL is $19.84, according to ZipRecruiter salary data. Most workers in this role earn between $16.78 and $22.40 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.

What job categories do people searching Remote Loan Processor jobs in Troy, IL look for? The top searched job categories for Remote Loan Processor jobs in Troy, IL are:
What cities near Troy, IL are hiring for Remote Loan Processor jobs? Cities near Troy, IL with the most Remote Loan Processor job openings:
Infographic showing various Remote Loan Processor job openings in Troy, IL as of July 2026, with employment types broken down into 87% Full Time, 9% Part Time, and 4% Contract. Highlights an 100% Remote job distribution, with an average salary of $41,270 per year, or $19.8 per hour.

Loan Specialist - Scott AFB, IL

Veterans United Home Loans

Scott Air Force Base, IL • On-site, Remote

$50K - $100K/yr

Full-time

Medical, Dental, Retirement

Re-posted 13 hours ago


Veterans United Home Loans rating

8.1

Company rating: 8.1 out of 10

Based on 8 frontline employees who took The Breakroom Quiz


Job description

About the Role:

As a Loan Specialist, you'll be the first point of contact for Veterans and Active Duty Service Members navigating the VA loan process. You'll work closely with Loan Officers, educating borrowers on the process, gathering documentation, and guiding them toward homeownership.

This role is also a launchpad into a future Loan Officer career for those who are ambitious, energetic, and motivated. Many of our successful Loan Officers began as Loan Specialists, and we'll set you up with a strong foundation while providing a guaranteed salary and the chance to learn the business. If you're driven, customer-focused, and eager to grow, this could be the perfect fit.

What You'll Do:

  • Interview borrowers, obtain and verify documentation, and educate them on the loan process and product/service options.

  • Process borrower credit information through online approval systems and analyze for pre-approval or denial.

  • Make initial contact and respond promptly to customer inquiries via phone and email.

  • Inform borrowers of future loan documentation requests, including income and asset details.

  • Remain knowledgeable on company and industry guidelines and processes.

  • Provide exemplary customer service and support throughout the loan journey.

  • Actively contribute to building a strong, collaborative team culture.

What We're Looking For:

We want someone who is:

  • Ambitious, energetic, and internally motivated.

  • Outgoing, friendly, and customer-focused.

  • A strong communicator (verbal and written).

  • Driven to succeed in a fast-paced, results-oriented environment.

  • Comfortable with PCs and basic computer technologies.

  • Dedicated to delivering results with integrity while enhancing lives every day.

Preferred but not required: Previous mortgage experience.

Bonus points: If you're a Veteran, we'd love to hear from you.

Licensing & Growth Opportunities:

  • You don't need to be licensed before applying, but you must be licensed prior to starting.

  • We reimburse licensing costs after 6 months of employment.

  • This role is designed to prepare you for future opportunities to transition into a Loan Officer position.

About Us:

At Veterans United, we're all about helping Veterans and military families become homeowners. In just two decades, we've closed over 500,000 VA Loans and became the #1 VA lender for homebuyers in the nation. But success to us isn't measured in numbers - it's living our values daily: Be Passionate and Have Fun, Deliver Results with Integrity, and Enhance Lives Every Day.We provide friendly, knowledgeable service to military homebuyers and their families, and we're committed to uplifting people and communities nationwide.

If this role excites you, even if you don't check every single box, don't hesitate to apply. Bring your passion, drive, and commitment to making a difference - we'll help you build something amazing.

Interested? Apply today!

The base pay range for this position is $18.00 to $20.00 per hour, but keep in mind that this is a commissioned role. Commissions will be based on the volume (dollar amount) of loans closed. We estimate that this position has an annual gross income potential of between $50,000 and $100,000, taking into account base pay, commissions, deductions, and bonuses. Of course, pay will vary and may be above or below the potential range based on various factors, such as experience and performance. Veterans United provides a variety of benefits to employees, including health and dental insurance coverage, paid sick leave, an employee wellness program, 401(k) matching, and paid holidays.


Learn more about Veterans United on Glassdoor and our career site at vu.com/careers

Veterans United Home Loans and its affiliates are Equal Opportunity Employers that consider all qualified applicants regardless of race, color, religion, sex (including pregnancy, transgender status, and sexual orientation), national origin, age (40 or older), disability or genetic information.


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