Remote Loan Processor (Remote - NYC)

Role Overview

Step into a role where precision, dependability, and structure matter. We are seeking a detail-oriented Remote Loan Processor based in NYC who thrives on organization, accountability, and process execution. This position offers a unique opportunity to work remotely while contributing directly to the financial success of clients through the timely and accurate processing of loans. If you are looking for a straightforward role that rewards consistency, accuracy, and reliability, this could be the right fit for you. The annual salary for this position is $44,308.

Key Responsibilities

• Review and Verification: Examine submitted loan applications for completeness and accuracy. Verify financial and personal information to determine initial eligibility.
• Documentation Management: Collect, organize, and review required documentation, including income statements, credit reports, and employment verification records.
• Compliance Checks: Ensure each file complies with regulatory standards and lending guidelines—Cross-check documentation with underwriting criteria.
• Client Coordination: Communicate with borrowers, underwriters, and closing agents to gather missing documents or clarify discrepancies.
• Loan Pipeline Tracking: Maintain daily updates of each loan's progress in the system and proactively flag delays or bottlenecks.
• Error Resolution: Identify inconsistencies and errors within applications and coordinate efficient resolutions with stakeholders.
• Data Entry: Input accurate and timely information into loan processing software and maintain clean digital records.
• Deadline Monitoring: Adhere strictly to timelines to keep loan files moving smoothly from intake to closing.

Required Qualifications

• Proven experience in residential loan processing, mortgage coordination, or financial file review
• Strong understanding of credit reports, income verification, and mortgage documentation
• High attention to detail and ability to follow detailed procedures without deviation
• Excellent time management and self-discipline for remote work
• Strong written and verbal communication skills
• Familiarity with loan origination platforms (e.g., Encompass, BytePro, or Calyx)
• Ability to work independently without supervision while maintaining accuracy

Work Environment

You’ll be part of a distributed remote team that values precision and efficiency over noise and chaos. This is a calm, structured role ideal for individuals who are most productive in organized, distraction-free environments. Collaboration occurs virtually through scheduled check-ins and documentation reviews. You'll have flexibility over your daily schedule, so long as loan deadlines are met.

Expect regular collaboration with underwriters and closers through messaging apps, secure file sharing, and video conferencing. You’ll have access to training documentation and standardized processing workflows to ensure clarity and alignment from day one.

Tools & Technology

• Loan origination systems (e.g., Encompass, Calyx, Blend)
• Document management platforms (DocuSign, Adobe Acrobat, Google Drive)
• Video conferencing and communication tools (Zoom, Slack, Microsoft Teams)
• Spreadsheet software and cloud-based databases (Excel, Google Sheets)
• Compliance checkers and audit platforms

What Success Looks Like

• You process loans efficiently and with minimal errors, helping ensure quicker approvals and closings.
• You consistently meet or exceed timeline targets and service-level agreements.
• Your team trusts you to maintain file accuracy and follow standardized processes.
• You help reduce client frustration by proactively gathering missing information before deadlines.

Opportunities for Growth

As part of a structured remote loan processing team, you’ll be positioned to grow into roles like Remote Underwriting Associate or Mortgage Compliance Auditor based on your performance and accuracy track record. Consistently top-performing processors may also lead process improvement projects or mentor new team members as the team expands.

Why This Role Stands Out

• Stable, remote work: Designed for candidates seeking quiet, focused work from home
• Clear expectations: You'll follow structured steps and templates, reducing ambiguity
• Career progression: Performance-based growth opportunities into compliance or underwriting tracks
• Work-life balance: Predictable workload and deadlines support personal time management

Ideal Candidate Traits

• Methodical and focused on daily tasks
• Comfortable working alone for extended periods
• Values checklists, order, and logical sequences
• Finds satisfaction in accuracy and closure
• Calm under pressure, with a disciplined mindset

A Day in the Life

You begin your day by reviewing the loan pipeline dashboard and flagging any applications missing key documents. Next, you verify employment information for three new files while checking income calculations against provided pay stubs. After lunch, you receive a message from an underwriter requesting clarification on a borrower’s credit history, which you investigate by calling the applicant. Before wrapping up, you update each file’s status and send out reminder emails for pending documentation, ensuring tomorrow starts with fewer unknowns.

Call to Action

If you're seeking a focused and stable remote opportunity that values attention to detail and reliability, apply now to join a dedicated loan processing team. This is more than just a job—it's a path toward professional growth and operational excellence in the financial services sector. Take the next step in your career today!