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Virtual Loan Processor Jobs in Waco, TX (NOW HIRING)

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Virtual Loan Processor information

See Waco, TX salary details

$12

$18

$27

How much do virtual loan processor jobs pay per hour?

As of Aug 24, 2026, the average hourly pay for virtual loan processor in Waco, TX is $18.91, according to ZipRecruiter salary data. Most workers in this role earn between $16.01 and $21.35 per hour, depending on experience, location, and employer.

What is a virtual loan processor?

A Virtual Loan Processor is responsible for handling loan applications remotely, ensuring that all required documents are collected, verified, and submitted for approval. They communicate with borrowers, loan officers, and underwriters to facilitate a smooth loan process. Their tasks typically include reviewing financial documents, ensuring compliance with lending regulations, and updating loan files in digital systems. This role requires strong organizational skills, attention to detail, and proficiency with loan processing software.

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

A Virtual Loan Processor requires strong analytical skills, attention to detail, and knowledge of mortgage or loan processing procedures, typically backed by industry experience or relevant education. Familiarity with loan origination systems (LOS), electronic document management tools, and compliance software is often necessary, along with any certifications in finance or mortgage processing. Excellent organizational skills, problem-solving ability, and effective communication are soft skills that help candidates excel in this remote environment. These competencies are vital to efficiently manage loan files, ensure regulatory compliance, and deliver a seamless experience to both borrowers and lending partners.

What are typical challenges a virtual loan processor might face while working remotely?

One common challenge for Virtual Loan Processors is maintaining effective communication with clients, underwriters, and team members in a remote setting, which requires proactive follow-up and strong digital collaboration skills. Managing multiple loan files simultaneously while ensuring accuracy and meeting tight deadlines can also create time management pressures. To overcome these challenges, successful processors leverage organizational tools, stay updated on regulatory changes, and prioritize clear, consistent communication. Many employers provide training and access to secure digital platforms to support remote productivity, helping you succeed in this dynamic and rewarding role.

What are the most commonly searched types of Loan Processor jobs in Waco, TX?

The most popular types of Loan Processor jobs in Waco, TX are:

What are popular job titles related to Virtual Loan Processor jobs in Waco, TX?

For Virtual Loan Processor jobs in Waco, TX, the most frequently searched job titles are:

What job categories do people searching Virtual Loan Processor jobs in Waco, TX look for?

The top searched job categories for Virtual Loan Processor jobs in Waco, TX are:

What cities near Waco, TX are hiring for Virtual Loan Processor jobs?

Cities near Waco, TX with the most Virtual Loan Processor job openings:

Virtual Loan Processor jobs near you
Infographic showing various Virtual Loan Processor job openings in Waco, TX as of August 2026, with employment types broken down into 86% Full Time, 11% Part Time, and 3% Contract. Highlights an 50% Physical, 2% Hybrid, and 48% Remote job distribution, with an average salary of $39,335 per year, or $18.9 per hour.

Sales Training Program - Reverse Mortgage Loan Officer

Mutual of Omaha Mortgage

Waco, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted yesterday

Job description

Sales Training Program – Reverse Mortgage Loan Officer

Launch your career in the reverse mortgage industry with the backing of one of America's most trusted financial brands — Mutual of Omaha, a Fortune 300 organization with over 100 years of stability.

What to Expect

Your journey begins with an immersive one-month virtual classroom experience, where you'll build a strong foundation in reverse mortgage products, sales fundamentals, compliance, systems, and customer conversations. 

After completing the virtual classroom, you'll transition into a comprehensive 12-month development program designed to accelerate your success. You'll participate in weekly skill-building sessions, receive personalized one-on-one coaching from experienced sales leaders, and apply what you've learned through real-world customer interactions.

Our goal isn't simply to help you become licensed or originate your first loan—it's to develop confident, knowledgeable, high-performing mortgage professionals with the skills, coaching, and support to build a rewarding long-term career.

Who we're looking for:

We especially encourage experienced traditional mortgage loan originators to apply. If you understand the lending business and want to serve a growing, underserved market — retirees looking to strategically strengthen their retirement income — we want to talk!

 

Don't have your NMLS license? No problem. We'll help you obtain and pay for your NMLS license.

If you have a proven track record of success in sales and are looking for an opportunity to make a meaningful impact while building a rewarding career, we want to hear from you. Our associates help retirees make confident, informed financial decisions, to improve their quality of life. The most successful professionals in this role are those who build trust, ask thoughtful questions, listen with intention, and serve as trusted advisors through one of the most important financial decisions their clients will make. 
 

What you can expect to earn:

  • To assist with the transition you are covered with a monthly base during the 12 month training program.
  • Established Loan Officers in our program routinely earn $100,000+

 

What sets us apart:

  • The brand recognition and credibility of Mutual of Omaha behind every conversation
  • Industry-leading training from the nation's top reverse mortgage sales leaders
  • A revolutionary sales process for working with both consumers and referral professionals
  • World-class sales, marketing, and operations support from day one

 

Benefits include:

  • Multiple PPO Medical Plans, including an HDHP-eligible option
  • Dental and Vision Coverage
  • Paid Sick Time — 40 hours after 90 days (state requirements applied as applicable)
  • 9 Paid Holidays + 1 Cultural Celebration Day (Floating Holiday)
  • 401(k) with generous employer match
  • Company Paid Life Insurance

Mutual of Omaha Mortgage is an Equal Opportunity Employer, and we encourage diverse, talented, qualified applicants to apply. 


 

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