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Sr Mortgage Processor Jobs in Oak Ridge, TN (NOW HIRING)

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Sr Mortgage Processor information

See Oak Ridge, TN salary details

$17

$24

$34

How much do sr mortgage processor jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for sr mortgage processor in Oak Ridge, TN is $24.44, according to ZipRecruiter salary data. Most workers in this role earn between $19.52 and $28.51 per hour, depending on experience, location, and employer.

What is a Sr mortgage processor?

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 are the key skills and qualifications needed to thrive as a Sr mortgage processor?

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.

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 popular job titles related to Sr Mortgage Processor jobs in Oak Ridge, TN?

For Sr Mortgage Processor jobs in Oak Ridge, TN, the most frequently searched job titles are:

Sr Mortgage Processor jobs near you
Infographic showing various Sr Mortgage Processor job openings in Oak Ridge, TN as of August 2026, with employment types broken down into 75% Full Time, and 25% Part Time. Highlights an 75% In-person, and 25% Hybrid job distribution, with an average salary of $50,841 per year, or $24.4 per hour.

Loan Processor & Loan Officer Assistant

Gold Star Mortgage Financial Group, Corporation

Knoxville, TN • Hybrid

Full-time, Part-time

Re-posted 29 days ago

Job description

Loan Processor amp; Loan Officer Assistant (LOA) - JOB DESCRIPTION
Position Title: Loan Processor amp; LOA FLSA Status: Non-Exempt :
Pay Grade: I (Junior) or II (Senior) Reports to: Branch Manager or Branch Support Manager
Status: Regular, Full-Time or Part-Time Title Grade: I (Junior) or II (Senior)
Location: Knoxville, TN
SUMMARY amp; PURPOSE OF POSITION:
The Loan Processor amp; Loan Officer Assistant (LOA) is responsible for supporting the Loan Officer and processing team by managing loan files from initial application through underwriting. This hybrid role involves administrative support, client communication, document collection, and coordination with third parties to ensure loans move through the pipeline efficiently and in compliance with company policies and industry regulations.
PRIMARY POSITION-SPECIFIC RESPONSIBILITIES:
• Obtain and review required loan documentation from customers to ensure completeness and accuracy.
• Proactively communicate with clients, third-party vendors, and team members to collect missing documentation and resolve discrepancies.
• Submit complete loan files to underwriting and follow up as needed.
• Initiate title and appraisal orders; track progress to ensure timely completion.
• Schedule and coordinate appointments, meetings, and other client-related events for the Loan Officer.
• Assist with marketing initiatives to support lead generation and client outreach.
• Stay up to date on company policies, mortgage regulations, and industry best practices.
• Maintain organized and compliant loan files throughout the processing lifecycle.
• Perform general clerical duties and other tasks as assigned.
ESSENTIAL SKILLS amp; EXPERIENCE:
• High School Diploma or equivalent required.
• Minimum of one (1) year of hands-on loan processing experience in the mortgage banking industry preferred.
• Exceptional attention to detail and accuracy.
• Strong organizational skills and ability to manage multiple files and deadlines simultaneously.
• Dependable and self-motivated with the ability to work independently.
• Excellent written and verbal communication skills.
• Comfortable learning and adapting to regulatory updates and internal policy changes.
PREFERRED EDUCATION amp; EXPERIENCE:
• Previous experience in the mortgage banking industry;
• Field of study (Associates degree can be substituted for more than 2 years of loan processing
experience)
• Previous experience with Encompass, a plus

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