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Innovation Mortgage

Mortgage Loan Processor

Pay: $25/hr

Posted: 3 weeks ago

Location: Farmington Hills, MI (Onsite)

Last Updated: 3 weeks ago

Hours: Full-Time

Expires: 9/22/2026

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What they do

A Loan Processor processes applications for bank loans including mortgage or commercial loans. Assists customers with the application process, organizes and reviews credit information or business financial reports, and puts together materials needed for loan underwriters to evaluate an application.

$43,000 / year median in Michigan

-26% projected decline

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Job Description

Mortgage Loan Processor Innovation Mortgage Farmington Hills, MI Job Details Full-time $25 an hour 9 hours ago Benefits Opportunities for advancement Qualifications Underwriting verification process Underwriting guidelines adherence Federal Housing Administration (FHA) loans Regulatory compliance Conventional mortgage loans Mid-level Bachelor's degree Compliance documentation Customer support for financial loans Verification (borrower information) Cross-functional collaboration Veterans Affairs (VA) loans

Full Job Description About Us:

Since 2022 Innovation Mortgage has been committed to reshaping the future of home financing by building a team driven by growth, teamwork, and shared success. Based in Farmington Hills, Michigan, we're a fast-growing mortgage brokerage that values innovation, creativity, and a fun work environment where everyone can thrive. We understand that our people are the key to our success. That's why we're dedicated to providing a supportive, team-oriented culture where you can grow your career, learn from experienced professionals, and make an impact. Whether you're just starting out or have years of experience, we offer hands-on training, leadership support, and a work environment designed to help you succeed. With plenty of opportunities for career advancement, a competitive compensation plan, and a workspace that's both modern and positive, this is a place where your career can grow. Ready to join a team that's as driven as you are? Let's make your career as innovative as the work we do!

The Role:

This Mortgage Loan Processor will be responsible for the entire end-to-end mortgage loan process. They will gather and process all loan documentation and ensure compliance with policy, regulatory, and loan terms.

What You'll Be Doing:

Review and process loan applications to make sure all details are accurate and complete. Collect and verify borrower documentation (income, assets, credit, employment, title, appraisal, etc.). Prep files for underwriting and follow up to clear any conditions. Be the go-to person for borrowers during the process — keeping them informed and confident every step of the way. Partner with Loan Officers, Underwriters, and third parties to get loans to the finish line smoothly and on time.

Qualifications:

Bachelor's degree or equivalent Previous experience with mortgage loan processing preferred Knowledge of FHA, VA, Conventional, and USDA loans