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Senior Mortgage Processor Jobs (NOW HIRING)

Elliman Capital

Senior Mortgage Processor

Melville, NY · On-site

$60K - $75K/yr

As we continue our rapid national expansion, we are seeking an experienced Senior Mortgage Processor to join our growing operations team. This role is ideal for mortgage professionals who thrive in a ...

First Rate Financial LLC

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Senior Mortgage Loan Processor

Anchorage, AK · Remote

$60K - $80K/yr

Senior Mortgage Loan Processor First Rate Financial | Remote (experience-dependent) | Anchorage, AK Pay: $60,000-$80,000/year, DOE About the Role We're looking for an experienced Senior Mortgage Loan ...

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Senior Mortgage Processor information

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How much do senior mortgage processor jobs pay per hour?

As of Jul 24, 2026, the average hourly pay for senior mortgage processor in the United States is $25.57, according to ZipRecruiter salary data. Most workers in this role earn between $20.43 and $29.81 per hour, depending on experience, location, and employer.

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

A senior mortgage processor typically does not earn a commission based on loan amounts; however, loan officers often earn a commission or fee that can range from 0.5% to 1% of the loan amount. For a $500,000 loan, this could translate to $2,500 to $5,000 in commissions or fees, depending on the compensation structure and company policies.

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

To thrive as a Senior Mortgage Processor, you need in-depth knowledge of mortgage loan products, underwriting guidelines, and compliance regulations, typically supported by several years of mortgage processing experience. Familiarity with loan origination systems (LOS) like Encompass or Calyx, as well as experience with automated underwriting systems, is crucial. Strong attention to detail, organizational skills, and effective communication set top performers apart in this role. These skills ensure accurate, timely loan processing and help maintain regulatory compliance while delivering a positive borrower experience.

Will MLO be replaced by AI?

As a Senior Mortgage Processor, AI is increasingly used to automate tasks like data entry and document verification, but it is unlikely to fully replace mortgage loan officers (MLOs) or processors soon. Human judgment, communication skills, and regulatory knowledge remain essential in mortgage processing, and MLOs often oversee AI tools to ensure accuracy and compliance.

What does a senior mortgage processor do?

A senior mortgage processor reviews and verifies loan documentation, ensuring accuracy and completeness. They coordinate with borrowers, underwriters, and lenders to facilitate the approval process and may use loan processing software. This role requires attention to detail, knowledge of lending guidelines, and often involves mentoring junior staff.

How does a Senior Mortgage Processor typically collaborate with loan officers and underwriters during the loan approval process?

A Senior Mortgage Processor plays a crucial role in facilitating communication between loan officers, underwriters, and borrowers. They are responsible for gathering and verifying all necessary documentation, addressing any discrepancies, and ensuring the loan file is complete and compliant before submission to underwriting. Regular collaboration with loan officers helps clarify borrower details, while close coordination with underwriters is required to resolve any conditions or questions that arise during the approval process. This teamwork helps streamline approvals and ensures a smooth experience for applicants.

How much does a processor for a mortgage company make?

A senior mortgage processor typically earns between $50,000 and $70,000 annually, depending on experience, location, and company size. They often handle loan documentation, verify borrower information, and use loan processing software as part of their role.

What is the difference between Senior Mortgage Processor vs Mortgage Underwriter?

AspectSenior Mortgage ProcessorMortgage Underwriter
Required CredentialsMortgage processing experience, sometimes certifications like MPP or MLOUnderwriting certifications, such as AUS or CE courses
Work EnvironmentOffice-based, processing mortgage documents and liaising with clients and lendersOffice or remote, assessing loan risk and approving or denying applications
Employer & Industry UsageMortgage lenders, banks, credit unionsMortgage lenders, banks, mortgage companies
Search & Comparison IntentUnderstanding processing roles, career progressionEvaluating risk assessment, loan approval process

The Senior Mortgage Processor primarily handles the collection and verification of documents, ensuring loan files are complete and accurate. In contrast, a Mortgage Underwriter evaluates the loan application’s risk and makes approval or denial decisions. While both roles require mortgage industry knowledge, the processor focuses on document management, whereas the underwriter assesses financial risk to determine loan eligibility.

What cities are hiring for Senior Mortgage Processor jobs? Cities with the most Senior Mortgage Processor job openings:
What are the most commonly searched types of Mortgage Processor jobs? The most popular types of Mortgage Processor jobs are:
What states have the most Senior Mortgage Processor jobs? States with the most job openings for Senior Mortgage Processor jobs include:
Infographic showing various Senior Mortgage Processor job openings in the United States as of July 2026, with employment types broken down into 91% Full Time, 6% Part Time, and 3% Contract. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution, with an average salary of $53,178 per year, or $25.6 per hour.
Senior Mortgage Processor

Senior Mortgage Processor

Lake Michigan Credit Union

Grand Rapids, MI • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 25 days ago

Lake Michigan Credit Union rating

8.0

Company rating: 8.0 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

Job description

Primary Location: Grand Rapids, MI
Employee Status: Full-Time
Workplace Type: Hybrid
Who we are:
At LMCU, you'll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.
About this position:
The Senior Mortgage Processor role is responsible for gathering the necessary paperwork and documentation required for someone to apply for a mortgage loan. Their duties include carefully reviewing complex mortgage applications to confirm all essential fields have been appropriately completed as well as organizing additional application materials. This role will serve as the main point of contact for the borrower, real estate agent, mortgage loan originator, and mortgage underwriter, from origination through closing. Senior Mortgage Processors possess a detailed understanding of program guidelines and agency requirements and are subject matter experts.
What you'll do:
  • Reviews underwriting decisions, prepares decision letters, and works with applicants to obtain any additional documents needed for final approval. Works with outside vendors to obtain appraisals and title documents in a timely manner while also staying in contact with the borrower and internal partners in order to complete the loan process.
  • Processes more complex mortgage loan applications, including, but not limited to, conventional, government, bond/DPA, and new construction. Reviews credit reports, income and asset documentation, and confirms all documentation meets requirements to move forward with an underwriting decision.
  • Demonstrates a high level of communication utilizing phone and email tools, providing service excellence at all times with the borrower as well as internal and external members.
  • Finalizes the loan processing stage by preparing loans for submission to Closing Department. This includes, but is not limited to, obtaining homeowners insurance, payoffs, and coordination with Title Department as well as with internal partners in setting closing dates.
  • Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
  • Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence.

What you'll bring:
  • Three or more years of experience of mortgage loan and/or processing experience or training.
  • High School diploma or equivalent required, higher education preferred.
  • Experience with different types of mortgage loans, escrow and ARM requirements.
  • Strong communication and relationship-building skills with the ability to influence stakeholders and navigate sensitive or confidential discussions with professionalism and diplomacy.
  • Proficiency with Microsoft Office and web-based tools, with advanced knowledge of AllRegs preferred.
  • Strong written and verbal communication skills with the ability to collaborate effectively with internal partners.
  • Ability to work independently, manage multiple priorities, and adapt in a fast-paced environment.

What you'll get:
  • All Employees: weekly pay and retirement savings options.
  • Full Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.
  • To see a full list of our benefit offerings, check out this helpful guide!

Have additional questions about the role? Email the Talent Acquisition Team at: Careers@lmcu.org
If you lack access to the internet or require an accommodation in the application process, please send your resume via mail to 5664 Prairie Creek Drive, Caledonia, MI 49316.
LMCU is an Equal Opportunity Employer

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