H-1B Visa Loan Processor Jobs
Loan Processor roles qualify for H-1B sponsorship when the position requires a bachelor's degree in finance, business, or a related field. Large banks, mortgage companies, and credit unions file LCAs with the DOL certifying prevailing wage compliance before sponsoring. Cap-subject H-1B filings open each April for an October 1 start date.
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INTRODUCTION
CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture.
A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.
CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.
Join The Potempa Team, powered by CrossCountry Mortgage, known for quality products and exceptional service. We offer a wide range of financing options, including conventional, FHA, VA, USDA, jumbo, portfolio, and construction loans. Our advanced technology streamlines the home loan process, helping clients achieve their financing goals more efficiently.
Position Overview:
The Loan Officer Assistant / Processor provides support to CrossCountry Mortgage, LLC’s (“CCM”) mortgage loan officers in their daily duties to increase loan production levels. The Loan Officer Assistant / Processor works directly with CCM customers, loan officers, and processors to ensure a positive customer experience and facilitate timely loan closings.
Job Responsibilities:
- Assist in reviewing mortgage loan application and documentation, which may include phone and computer work, printing, copying, scanning, emailing, overnighting documents, etc.
- Review mortgage loan disclosure packages and deliver them to the borrower.
- Create rate disclosure and re-disclosure packages and deliver them to the borrower.
- Review documents and entire loan files and work to prevent problems by highlighting deficiencies and then notifying the mortgage loan officer and/or loan processor.
- Clarify/correct information and obtain additional information, as necessary, via phone, email, etc.
- General clerical and phone support to loan officers and/or loan processors, as needed.
- Work with management to provide support in various stages and areas of lending and processing as needed.
- Assist in managing a pipeline consisting of conventional, FHA, VA, and USDA loans, along with 203K and reverse mortgage products.
- Deliver appraisals and/or property valuations to the borrower and retrieve proof of receipt.
- Track outstanding items on all loan files and follow up with customers to ensure timely receipt of necessary documentation.
- Facilitate timely loan closings by working directly with the Title Company and customer to schedule.
Qualifications and Skills:
- High School Diploma, General Equivalency Diploma (GED), or educational equivalent from an accredited institution.
- A minimum of 2 years of mortgage-related experience, including customer contact.
- Excellent communication skills.
- Ability to manage multiple tasks/projects and deadlines simultaneously.
- Previous sales support experience, preferred.
- Proficient with Microsoft Office applications.
- Salesforce working experience.
This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
Pay Range:
- Annual Salary: Up to $105,000.00 consisting of base plus bonus.
The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.
CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success!
CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package.
California residents: Please see CrossCountry’s privacy statement for information about how CrossCountry collects and uses personal information about California applicants.
CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual’s association with a member of a protected group or any other characteristic protected by federal, state, or local law (“Protected Characteristics”). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion.
CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org.
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Get Access To All JobsTips for Finding H-1B Visa Sponsorship in Loan Processor
Verify your degree meets specialty occupation
Loan Processor H-1B petitions get scrutinized because some employers classify the role as administrative rather than professional. Pull the O*NET profile for Loan Officers and document how your bachelor's degree in finance, accounting, or business directly supports your daily duties.
Search LCA filings to target sponsors
Use Migrate Mate to filter employers with active H-1B LCA filings for Loan Processor and Loan Officer roles. This surfaces banks, mortgage servicers, and credit unions that have already cleared DOL prevailing wage requirements for this position.
Confirm the offered wage meets DOL levels
Before accepting an offer, run the OFLC Wage Search for your job title and worksite metro area. Your offered wage must meet at least the Level I prevailing wage for the LCA to be certified, and a Level II or III wage significantly reduces petition risk.
Ask whether your employer files cap-exempt
Universities, nonprofit research organizations, and government-affiliated entities are cap-exempt and can file an H-1B petition any time of year. If a university's loan servicing or financial aid division is hiring, you could skip the April lottery entirely.
Document regulatory knowledge for the I-129
USCIS often issues Requests for Evidence on Loan Processor petitions questioning specialty occupation status. Have your employer include evidence that the role requires applying TILA, RESPA, or HMDA regulations, which ties the position to specialized knowledge beyond a general business degree.
Align your offer letter with the LCA job duties
The job duties described in your offer letter, the LCA filed with DOL, and the I-129 petition to USCIS must be consistent. Discrepancies between a broad offer letter and a narrow LCA description are a common trigger for RFEs in financial services roles.
Loan Processor jobs are hiring across the US. Find yours.
Find Loan Processor JobsLoan Processor H-1B Visa: Frequently Asked Questions
Does a Loan Processor role qualify as a specialty occupation for H-1B purposes?
It can, but it requires clear documentation. USCIS will approve the petition if the employer demonstrates the role normally requires a bachelor's degree in a specific field like finance, accounting, or business administration. Generic job postings that list a degree as preferred rather than required weaken the case, so the employer's internal job requirements and actual duties must reflect a degree-dependent role.
Which types of employers sponsor H-1B visas for Loan Processor positions?
National and regional banks, mortgage companies, credit unions, and financial services firms are the most common sponsors for Loan Processor H-1Bs. Cap-exempt employers like university financial aid offices or government-chartered entities can also sponsor and file outside the April lottery window. Migrate Mate lets you filter by employers with verified LCA filing history for this role.
How does the H-1B lottery affect a Loan Processor job search timeline?
Cap-subject H-1B registrations open in March each year, selection results are announced in late March or April, and approved petitions take effect on October 1. If you're on OPT or another status, you and your employer need to plan around that October 1 start. Employers filing for cap-exempt positions face no lottery and can hire at any point in the year.
What prevailing wage level should a Loan Processor H-1B offer meet?
The DOL sets prevailing wages by job title, experience level, and worksite location. Loan Processor wages vary significantly between metro areas, so the OFLC Wage Search is the right tool to confirm the applicable rate. A Level I wage applies to entry-level positions, while Level II reflects full use of the required degree. Offers below the certified wage level will cause the LCA to fail.
Can a Loan Processor on H-1B change employers mid-petition?
Yes. H-1B portability under AC21 lets you start working for a new employer once they file an H-1B transfer petition, without waiting for approval, as long as your current petition has been approved and you've maintained valid status. The new employer must file their own I-129 and LCA with DOL certifying the prevailing wage for your new worksite before you begin.
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