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T
TEKsystems
Mortgage Processor / Closing
Career Insights for Loan Processor
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Scorecard
Based on Michigan data
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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
Job Description
Home Equity Loan Processor Location:
Troy, MI Pay Rate:
$23.00- $25.
Benefits Schedule:
Monday-Friday | 8:30 AM- 5:00 PM (30-minute lunch)
Interview Date:
September 8, 2026Start Date:
September 14, 2026 Join a Growing Credit Union Lending Team! Our client, a well-established and highly respected Credit Union, is seeking experienced Home Equity Loan Processors to join their Lending Operations team. This is a contract opportunity through the end of the year with TEKsystems benefits offered during the assignment, and there is potential for extension or permanent hire based on business needs and performance. If you're looking for an opportunity to get your foot in the door with an organization known for its outstanding culture, career growth, and employee-focused environment, we'd love to speak with you! Why Consider This Opportunity? Employee Value Proposition ? Outstanding company culture with a strong employee-first mindset ? Competitive benefits with low employee costs ? Strong internal promotion and career advancement opportunities ? Performance-based pay increases and bonus opportunities ? 401(k) matching program ? Opportunity to gain experience with a well-established Credit Union and expand your lending career Position Overview The Home Equity Processor will be responsible for managing the full-cycle processing of home equity loans from application through closing. This role requires strong attention to detail, excellent organizational skills, and prior mortgage or home equity processing experience. Key Responsibilities Process home equity loan applications from initial submission through closing Manage a pipeline of approximately 25-30 active loan files once fully trained Review income documentation, including pay stubs, tax returns, and supporting financial records Order and review appraisals when required Order flood certifications and verify property eligibility Gather and review payoff statements and lien information Review mortgagee clauses and ensure documentation accuracy Prepare complete loan packages for underwriting review Coordinate with underwriters, title companies, and members throughout the loan process Schedule and arrange loan closings Ensure compliance with credit union policies and lending guidelines Maintain accuracy while meeting productivity and service-level expectations Qualifications Required Experience Minimum of 1-2 years of full-cycle mortgage processing or home equity loan processing experience Experience managing a loan pipeline and processing files from application through closing Strong attention to detail and organizational skills Ability to work effectively in a fast-paced lending environment Training & Onboarding Two-week side-by-side training program Training will focus primarily on systems, workflows, and credit union-specific processes Candidates should already possess foundational home equity or mortgage processing knowledge Performance Expectations Success in this role will be measured through: Loan volume and pipeline management File quality and accuracy Error rate Clear-to-close metrics Productivity goals Customer service and responsiveness Ready to Take the Next Step? If you have mortgage or home equity processing experience and are looking for an opportunity with a reputable Credit Union that values employee growth and development, apply today! Job Type & Location This is a Contract position based out of Troy, MI. Pay and Benefits The pay range for this position is $23.00- $26.
- Medical, dental & vision
- Critical Illness, Accident, and Hospital
- 401(k) Retirement Plan
- Pre-tax and Roth post-tax contributions available
- Life Insurance (Voluntary Life & AD&D for the employee and dependents)
- Short and long-term disability
- Health Spending Account (HSA)
- Transportation benefits
- Employee Assistance Program
- Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a fully onsite position in Troy,MI.