Demo

Mortgage Processor

Preferred Rate
Oakbrook Terrace, IL Full Time
POSTED ON 11/15/2025
AVAILABLE BEFORE 1/14/2026
Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you’re interested in a dynamic position on a well-established and successful lending team, look no further; apply now!Compensation:$56,500Responsibilities:Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan filesAct as a liaison between applicants, mortgage brokers and loan officers, real estate agents, and mortgage lending underwriters to help further loan approvalAdhere to all lending and regulatory guidelines and policies while preparing the loan filePrepare and submit detailed loan packages to the lender underwriting department for approval or denialInterview prospective loan applicants and assist them in finding the best loan products for their needsQualifications:High school diploma or GED required - Associate’s degree in accounting, finance, or business preferredExcellent written and verbal communication skills are a requirementStrong analytical and time management skills and superior attention to detail2 years minimum experience in loan processing requiredFHA, FHLB, FNMA, or VA loan product knowledge and mortgage lending experience requiredAbout CompanyPreferred Rate is a Top 10 National Mortgage Lender partnered with American Pacific Mortgage. Our vision is to make the complex mortgage process simple, fun, and friendly so clients are smiling at the closing table. We aspire to enrich the lives of clients by helping them fulfill the dream of homeownership while building meaningful relationships. Managing relationships with care is our number one priority. We do so by responding timely to calls, keeping everyone informed, explaining complex scenarios in understandable terms, and “Wowing” anyone we work with.We strive to provide development opportunities and career paths for everyone and recognize each other’s accomplishments and value!

Salary : $56,500

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Mortgage Processor?

Sign up to receive alerts about other jobs on the Mortgage Processor career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$49,531 - $67,648
Income Estimation: 
$52,761 - $67,556
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$49,531 - $67,648
Income Estimation: 
$52,761 - $67,556
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$52,761 - $67,556
Income Estimation: 
$61,226 - $82,724
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$42,797 - $54,145
Income Estimation: 
$44,019 - $55,275
Income Estimation: 
$47,821 - $64,592
Income Estimation: 
$49,531 - $67,648
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Not the job you're looking for? Here are some other Mortgage Processor jobs in the Oakbrook Terrace, IL area that may be a better fit.

  • Key Mortgage Services Schaumburg, IL
  • The Loan Processor is responsible for the thorough review of a file. They prepare and verify the data on the loan application as well as supporting documen... more
  • 2 Months Ago

  • Sun West Mortgage Company Berwyn, IL
  • Overview We are seeking a detail-oriented and motivated Loan Processor to join our dynamic team in Sunwest Mortgage. The ideal candidate will have a strong... more
  • 1 Month Ago

AI Assistant is available now!

Feel free to start your new journey!