Remote Loan Processor Jobs in New York

About the Role

Step into a meaningful career that balances precision, professionalism, and purpose. As a Remote Loan Processor based in New York, you'll play a vital role in supporting the financial well-being of individuals and businesses. This role offers an annual salary of $44,308, along with opportunities for career advancement, skill development, and daily engagement with cross-functional financial systems. You'll become a crucial link in the loan lifecycle, ensuring accuracy, compliance, and a smooth borrower experience.

Key Responsibilities

Facilitating Loan Workflows

• Process loan applications from submission to closing while adhering to regulatory and organizational standards
• Review borrower documentation to verify income, credit, and employment histories with accuracy.
• Collaborate with loan officers, underwriters, and compliance teams to expedite loan decision-making.

Ensuring Data Accuracy

• Maintain and update loan files in digital processing platforms
• Verify that each file meets eligibility guidelines and regulatory requirements
• Flag and resolve inconsistencies or discrepancies in borrower data

Client Communication & Follow-up

• Communicate directly with borrowers and third-party vendors to obtain missing documentation.
• Provide timely updates and clear expectations throughout the loan process
• Maintain a courteous, professional tone that enhances client trust

Compliance & Risk Support

• Apply quality control procedures to each loan processed
• Stay current on lending regulations, industry standards, and privacy policies
• Support internal audits and documentation reviews by ensuring well-organized digital records

Work Environment & Collaboration

Working remotely doesn’t mean working alone. Our loan processing team thrives on:

• Cloud-based Collaboration Tools: Seamless interactions via Slack, Zoom, and document management systems
• Weekly Stand-Ups & Goal Tracking: Stay connected with team objectives while working independently
• Performance-Driven Culture: Recognition of milestones and measurable success metrics
• Growth-Minded Atmosphere: Access to mentorship and internal mobility programs

Tools and Technologies You'll Use

• Encompass or similar LOS (Loan Origination Software)
• CRM systems for borrower tracking
• Digital signature platforms like DocuSign
• Document verification tools
• Cloud-based storage and compliance platforms

Technical fluency is essential, but we also value adaptability. You'll receive support to master any tools unfamiliar to you.

Qualifications & Skills

Core Qualifications

• 2+ years of experience in mortgage or personal loan processing
• Strong understanding of lending procedures, loan documentation, and compliance principles
• High comfort level working in a virtual environment

Preferred Attributes

• Familiarity with residential mortgage processing or auto loan pipelines
• Proficiency in digital loan platforms, including task-tracking systems and borrower portals
• Excellent time management and prioritization skills

Interpersonal Strengths

• Clear, confident communication skills (both written and verbal)
• Analytical mindset with attention to financial detail
• Empathy for clients navigating the loan process
• Drive to complete tasks independently and meet performance benchmarks

Career Development & Growth Path

We believe in cultivating talent from within. As a Remote Loan Processor, you’ll be on a track that could lead to future roles like:

• Loan Officer
• Underwriting Analyst
• Compliance Specialist
• Team Lead in Loan Operations

Upskilling opportunities, including industry certifications and internal leadership training, are available to support your trajectory.

How This Role Supports Our Mission

The work you do will empower people to achieve dreams—whether it’s buying a first home, financing education, or growing a small business. Your meticulous attention to detail ensures integrity in the lending process, helping protect both borrowers and the company from risk. This role directly supports our commitment to ethical lending and financial inclusion.

What Success Looks Like

• Processing an average of 20+ loans per week with high accuracy
• Consistent positive borrower feedback and timely communication
• Zero tolerance issues during audit reviews
• Active contributions to team meetings and process improvements

You’ll be encouraged to voice ideas, flag inefficiencies, and be part of ongoing innovation in loan processing.

Ideal Candidate Snapshot

You’re someone who thrives in structured environments but also enjoys autonomy. You take pride in precision and understand the importance of client trust. You're self-motivated, respectful in all interactions, and driven by the satisfaction of getting things right.

Perks & Benefits

• Competitive salary of $44,308 annually
• Fully remote setup with equipment provided
• Flexible work schedule and generous PTO
• Health, dental, and vision coverage
• Ongoing training in regulatory updates and tech tools
• Inclusive, supportive team culture

Ready to Process Your Next Opportunity?

If you're ready to build your future in finance, apply now to become a Remote Loan Processor. Take the lead on precision, help shape the borrower experience, and advance your career from the comfort of your home.

Make every detail count. Apply today and grow with purpose.