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Sr 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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Sr Mortgage Processor information

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How much do sr mortgage processor jobs pay per hour?

As of Jul 27, 2026, the average hourly pay for sr 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.

What are Sr Mortgage Processors?

Sr Mortgage Processors are experienced professionals who manage and oversee the processing of mortgage loan applications from start to finish. They verify applicant information, ensure all required documentation is collected, review files for compliance with lending standards, and coordinate with underwriters, loan officers, and other parties to facilitate timely loan approval and closing. Senior Mortgage Processors often handle complex cases, mentor junior staff, and help resolve issues that arise during the loan process.

What is the difference between Sr Mortgage Processor vs Mortgage Processor?

AspectSr Mortgage ProcessorMortgage Processor
Required CredentialsHigh school diploma, mortgage licensing, experienceHigh school diploma, mortgage licensing, entry-level experience
Work EnvironmentBank or mortgage company, office settingBank or mortgage company, office setting
Job ResponsibilitiesReview complex loan files, coordinate with underwriters, ensure complianceGather documents, input data, initial loan review

The main difference between a Sr Mortgage Processor and a Mortgage Processor lies in experience and responsibility level. A Sr Mortgage Processor handles more complex files, coordinates with underwriters, and ensures compliance, often requiring more experience and expertise. In contrast, a Mortgage Processor typically performs more routine tasks like gathering documents and data entry. Both roles are essential in the mortgage industry and share similar work environments and credential requirements.

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

To thrive as a Sr Mortgage Processor, you need in-depth knowledge of mortgage loan processing, underwriting guidelines, and regulatory compliance, typically requiring several years of experience in the mortgage industry. Proficiency with loan origination software (LOS), automated underwriting systems (AUS), and document management platforms is essential. Strong attention to detail, organizational skills, and effective communication help ensure accuracy and smooth collaboration with clients and team members. These skills are crucial for efficiently managing complex loan files, minimizing errors, and delivering excellent customer service in a deadline-driven environment.

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

As a Sr Mortgage Processor, you will act as a key liaison between loan officers, underwriters, and other stakeholders to ensure a smooth mortgage approval process. You will review and verify applicant financial documents, manage communication to resolve outstanding conditions, and ensure all required documentation is accurate and complete before submitting files to underwriting. Regular coordination meetings and prompt responses to inquiries from both loan officers and underwriters are common, making strong communication and organizational skills essential for success in this role.
More about Sr Mortgage Processor jobs
What cities are hiring for Sr Mortgage Processor jobs? Cities with the most Sr Mortgage Processor job openings:
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What job categories do people searching Sr Mortgage Processor jobs look for? The top searched job categories for Sr Mortgage Processor jobs are:
Sr Mortgage Processor jobs near you
Infographic showing various Sr Mortgage Processor job openings in the United States as of July 2026, with employment types broken down into 100% Full Time. Highlights an 67% In-person, and 33% 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 27 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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