Senior Virtual Loan Processor The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures ...
Senior Virtual Loan Processor The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures ...
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Buffalo, NY · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Buffalo, NY · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Independence, OH · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Independence, OH · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Columbus, OH · On-site +1
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Columbus, OH · On-site +1
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Bellevue, PA · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Bellevue, PA · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
State College, PA · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
State College, PA · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Bellevue, PA · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Bellevue, PA · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Fishers, IN · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Fishers, IN · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Mount Joy, PA · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Mount Joy, PA · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Warren, PA · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Warren, PA · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Columbus, OH · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Columbus, OH · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
State College, PA · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
State College, PA · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Columbus, OH · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Columbus, OH · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Erie, PA · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Erie, PA · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Independence, OH · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Independence, OH · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Williamsport, PA · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Williamsport, PA · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Columbus, OH · On-site +1
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Columbus, OH · On-site +1
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Fishers, IN · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Fishers, IN · On-site
$28 - $33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Williamsport, PA · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor
Williamsport, PA · On-site
$33/hr
... Center The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market ...
Senior Virtual Loan Processor information
See salary details
$30.5K - $35.7K
3% of jobs
$35.7K - $40.9K
0% of jobs
$40.9K - $46K
1% of jobs
$46K - $51.2K
15% of jobs
$53.6K is the 25th percentile. Wages below this are outliers.
$51.2K - $56.4K
13% of jobs
$56.4K - $61.6K
6% of jobs
$61.6K - $66.8K
3% of jobs
The median wage is $68.4K / yr.
$66.8K - $72K
28% of jobs
$73.1K is the 75th percentile. Wages above this are outliers.
$72K - $77.1K
27% of jobs
$77.1K - $82.3K
3% of jobs
$82.3K - $87.5K
1% of jobs
$30.5K
$64.9K
$87.5K
How much do senior virtual loan processor jobs pay per year?
What is the difference between Senior Virtual Loan Processor vs Virtual Loan Processor?
| Aspect | Senior Virtual Loan Processor | Virtual Loan Processor |
|---|---|---|
| Credentials | Loan processing experience, possibly certifications | Entry to mid-level experience, basic loan processing knowledge |
| Work Environment | Remote, independent, team collaboration | Remote, task-focused, support roles |
| Employer & Industry | Mortgage lenders, banks, financial institutions | Mortgage companies, banks, online lenders |
The main difference is experience level and responsibility. Senior Virtual Loan Processors handle more complex loans, mentor junior staff, and oversee processing quality, while Virtual Loan Processors focus on routine tasks. Both roles are remote and industry-specific, but the senior position requires more expertise and leadership.
Job description
The Senior Virtual Loan Processor is responsible for processing residential mortgage and equity loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as relevant government regulations and procedures, including ensuring that all loan documentation is complete, accurate, verified, and complies with state and federal compliance, the timely closing of all loans originated, and being the main point of contact with the borrower past the application date.
Essential Functions- Ensure compliance with Northwest's policies and procedures, and Federal/State regulations
- Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
- Work as part of a team
- Work with on-site equipment
- Manage the loan process from application submission to loan closing, customer relationship application submission to loan closing, and flexible schedule to meet customer needs
- Work with team and borrowers to gather all borrower required documents
- Interact with third-party vendors to acquire verifications, appraisals, title work, flood zone determinations, insurance documentation, payoffs, tax transcripts and other reports as needed for each loan file
- Update and organize all loan information in the loan origination system to ensure the file is current and accurate when submitted to underwriting
- Manage a pipeline of working loan files to ensure files move through processing and closing in a timely manner
- Ensure loans are ready for smooth transition to closers; processing loan files in compliance with Northwest policies and procedures, regulatory guideline, and investor and industry standards
- Maintain current knowledge of Mortgage and equity loan programs, procedures, and guidelines
- Examine loan documentation for accuracy and completeness
- Promote customer loyalty by providing superior service to each customer, referral source, and business partner
- Work cooperatively with business partners and referral sources
- Ensure customers understand products and loan terms through loan closing, and that all loan documentation is complete, accurate, verified, and complies with state and federal compliance
- Project professional image that inspires confidence and trust
- Promote relationship banking
- Describe available Northwest products and services to loan customers
- Identify customer needs
- Provide referrals to other business units
- Review file documentation and making sure all items needed are requested
- Follow up with all 3rd party orders
- Work with underwriters and management on loan exceptions
- Communicate counter-offers to the customer
- Follow the provisions of the Gramm-Bliley Act and Northwest's privacy policy; maintaining a high level of confidentiality
- Assist with application and phone volume overflow from as needed
- Perform outbound calling as assigned by management
- Associate's Degree preferred
- Bachelor's Degree preferred
- Registration with NMLSR and annual renewal-Registering with the Registry and maintain registration-Obtaining a unique identifier through the Registry-Providing unique identifiers to consumers Upon Hire required
- 5 - 6 years Residential Lending Industry experience preferred
- 3 - 5 years Experience in processing mortgage and/or equity loans for a financial institution preferred
- Knowledge of conventional, government loan products and guidelines including Fannie Mae, Freddie Mac, FHA, USDA-Rural Housing and VA Loans, Extensive
- Knowledge of Northwest mortgage and equity loan products and guidelines, Extensive
- As Needed for training
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.