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Senior Loan Processor Jobs in Silver Spring, MD (NOW HIRING)

Burke & Herbert Bank

Mortgage Processor

Alexandria, VA · On-site

$35/hr

Manager of Mortgage Loan Operations Summary/Objective Responsible for processing all secondary market and in-house portfolio loans which includes gathering documents from borrowers, reviewing and/or ...

Temple View Capital LLC

Mortgage Processor

Bethesda, MD · On-site +1

$60K - $65K/yr

This role is responsible for ensuring the accuracy of each loan request by reviewing submitted personal information and financial records, validating such records against initial loan terms ...

Temple View Capital LLC

Mortgage Processor

Bethesda, MD · On-site +1

$60K - $65K/yr

This role is responsible for ensuring the accuracy of each loan request by reviewing submitted personal information and financial records, validating such records against initial loan terms ...

Dunmor

Loan Originator

Washington, DC · On-site +1

About Dunmor Dunmor is a premier direct lender specializing in senior debt financing for ... Partner with internal teams such as Processing, Underwriting, and Valuations to ensure smooth and ...

Dunmor

Loan Originations

Baltimore, MD · On-site +1

About Dunmor Dunmor is a premier direct lender specializing in senior debt financing for ... Partner with internal teams such as Processing, Underwriting, and Valuations to ensure smooth and ...

Bank of Clarke

Mortgage Loan Officer

Mclean, VA · On-site +1

Expedite the processing of various loan documents and ensure compliance with policies, procedures and guidelines. Works closely with team members to ensure timely follow-up on all new leads generated ...

Bank of Clarke

Mortgage Loan Officer

Mclean, VA · On-site

$30K - $50K/yr

Expedite the processing of various loan documents and ensure compliance with policies, procedures and guidelines. Works closely with team members to ensure timely follow-up on all new leads generated ...

Aldridge Pite LLP

Foreclosure Processor

Rockville, MD · On-site

$40K - $56K/yr

Utilize reports and client system steps to process fee requests * Review, interpret new fee request directives and update fee matrix * Updating client systems Specific Duties and Responsibilities ...

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Senior Loan Processor information

See Silver Spring, MD salary details

$31.5K

$67.1K

$90.5K

How much do senior loan processor jobs pay per year?

As of Aug 19, 2026, the average yearly pay for senior loan processor in Silver Spring, MD is $67,101.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,800.00 and $73,900.00 per year, depending on experience, location, and employer.

What does a senior loan processor do?

A Senior Loan Processor is responsible for reviewing and processing loan applications, verifying applicant information, collecting and organizing financial documents, and ensuring that loans comply with all regulatory and lender guidelines. They work closely with loan officers, underwriters, and clients to resolve any issues and ensure a smooth and timely loan approval process. As senior professionals, they may also mentor junior processors and help implement process improvements to increase efficiency and accuracy.

What are the key skills and qualifications needed to thrive as a senior loan processor?

To thrive as a Senior Loan Processor, you need in-depth knowledge of mortgage loan products, underwriting guidelines, and regulatory compliance, typically supported by experience in mortgage processing or related certifications. Proficiency with loan origination systems (LOS), document management platforms, and automated underwriting systems is essential for efficiency. Strong attention to detail, problem-solving skills, and effective communication help build trust with clients and facilitate smooth transactions. These abilities are crucial for ensuring accurate, timely loan processing and maintaining regulatory and customer service standards.

How does a senior loan processor typically collaborate with underwriters and loan officers during the mortgage approval process?

A Senior Loan Processor serves as a vital liaison between loan officers and underwriters, ensuring all necessary documentation is accurate and complete before underwriting review. They regularly communicate with loan officers to clarify borrower information, address outstanding conditions, and expedite the collection of required items. Processors also work closely with underwriters to resolve any discrepancies or questions that arise during the approval process, helping streamline the workflow and maintain compliance with lending guidelines. This collaboration is essential for timely and efficient loan closures.

How much do entry level senior loan processors make?

Entry-level senior loan processors typically earn between $40,000 and $55,000 annually, depending on location and company size. They often require familiarity with loan processing software and strong attention to detail, with some positions offering additional benefits or bonuses based on performance.

Is a senior loan processor a difficult job?

A senior loan processor's job involves reviewing and verifying loan documentation, ensuring compliance, and coordinating with lenders and borrowers. It requires attention to detail, strong organizational skills, and knowledge of loan processing software, making it moderately challenging depending on workload and complexity of loans. Experience and familiarity with regulations can help manage the job's demands effectively.

What are the most commonly searched types of Loan Processor jobs in Silver Spring, MD?

The most popular types of Loan Processor jobs in Silver Spring, MD are:

What are popular job titles related to Senior Loan Processor jobs in Silver Spring, MD?

For Senior Loan Processor jobs in Silver Spring, MD, the most frequently searched job titles are:

What job categories do people searching Senior Loan Processor jobs in Silver Spring, MD look for?

The top searched job categories for Senior Loan Processor jobs in Silver Spring, MD are:

What cities near Silver Spring, MD are hiring for Senior Loan Processor jobs?

Cities near Silver Spring, MD with the most Senior Loan Processor job openings:

Senior Loan Processor jobs near you
Infographic showing various Senior Loan Processor job openings in Silver Spring, MD as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $67,101 per year, or $32.3 per hour.

Mortgage Processor

Burke & Herbert Bank

Alexandria, VA • On-site

$35/hr

Other

Medical, Dental, Vision

Posted 16 days ago

Burke & Herbert Bank rating

6.4

Company rating: 6.4 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

148th of 171 rated banks

Job description

CLASSIFICATION: Non-exempt
REPORTS TO: Manager of Mortgage Loan Operations
JOB DESCRIPTION
Summary/Objective
Responsible for processing all secondary market and in-house portfolio loans which includes gathering documents from borrowers, reviewing and/or preparing disclosures, ensuring application is complete and accurate, ordering all necessary reports for the file, and submitting to underwriting.
Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Process Secondary Market and In-house portfolio mortgage loans.
  • Prepare or review disclosures to TRID guidelines.
  • Customer Service
    • Act as a liaison between underwriter, loan originator and client.
    • Provide Originator with timely and periodic status updates of their loan application
    • Return all inquiry calls within one business day.
  • Customer Intake and Data Entry
    • Collect required documentation from Originator and client and follow up on missing items.
    • Establish, maintain, and update files, databases, records, and/or other documents for recurring internal reports.
    • Order title reports, verifications, flood certs and appraisals.
    • Analyze AUS with credit reports, income, and asset documentation.
  • File System Management
    • Ensure that all customer files are complete and in compliance with regulatory guidance and internal policies.
    • Ensure customer privacy and security of files.
    • Index documents to Document Imaging System.
  • Administrative Support
    • Prepare denial letter(s), withdraws, and cancel files when necessary.
    • Process the documents received for each file, verifying the accuracy and completeness of each document.
    • Participate in regular process/ system reviews to support a process on ongoing improvement.
Other Duties
  • Other duties as assigned
Skills/Abilities
  • Requires excellent customer service in person and on the phone.
  • Must be able to handle stressful situations in a calm and courteous manner.
  • Must be able to communicate effectively, both verbally and in writing.
  • Requires excellent record-keeping and file management skills.
  • Knowledge and experience using MS Word, Excel, Outlook
  • Bi-lingual (Spanish) preferred.
Supervisory Responsibility
This position does not have supervisory responsibilities.
Work Environment
This job generally operates in an office setting; with a preference for candidates who can work out of our company locations. Telework and/or fully remote options may be considered on a candidate by candidate basis.
This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.
Physical Demands
This position requires manual dexterity, the ability to lift files and open cabinets. This position requires bending, stooping or standing as necessary.
Travel
Limited local travel may be required for this position.
This position is classified as non-exempt, and as such it is paid on an hourly basis. The pay range for this position, which would encompass the job being performed in any location, would be $15.00 per hour to $35.00 per hour. Actual starting compensation would be based upon the qualifications of the selected candidate and their work location. Other compensation includes overtime paid at one and one-half times the normal hourly rate for any hours worked in excess of 40 in a workweek. This position is classified as full-time and the benefits package includes health insurance, dental insurance, vision insurance. Employees may select from coverage options which range from employee only to family coverage.
Education and Experience
  • Associate's Degree preferred.

  • Knowledge of basic lending, real estate contracts and language, foreclosure, short sales and delinquent accounts is preferred.
  • Understanding of all mortgage loan products (FHA/VA/CONV/USDA/ In-House) and knowledge of mortgage procedures, processes and documentation requirements is preferred.
  • Knowledge and experience using AUS (Automated Underwriting System), MS Word, Excel, Outlook is preferred.
  • Knowledge of basic accounting processes and procedures is preferred.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

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