John Zimmerman
Nov 2019
The entire staff was very professional and worked diligently to find a perfect fit for my business needs. I highly recommend MOD!
Streamline Your Loan Pipeline
Loan Processor Assistant
Our loan processor assistants handle document collection, file preparation, pipeline tracking, and borrower follow-up so your licensed team can focus on closing deals and growing your book of business.
Why Loan Processor VAs
Close More Loans Without The Processing Bottleneck
Loan processing is detail-intensive work. Collecting documents, verifying data, coordinating with multiple parties, and tracking conditions at every step. When volume increases, processing bottlenecks can delay closings and frustrate borrowers.
Our loan processor assistants work under the direction of your licensed team to handle the administrative heavy lifting: file preparation, document collection, compliance checklists, pipeline tracking, and closing coordination, keeping your files moving and your borrowers informed.
MyOutDesk loan processor assistants are carefully vetted and experienced in mortgage workflows, saving you up to 70% compared to hiring an in-house loan processor.
BUILT FOR MORTGAGE TEAMS
Trusted by Mortgage Professionals Nationwide
We work with loan officers, mortgage brokers, and lending teams across the country, helping them scale their processing capacity without adding headcount. Whether you're an independent originator or managing a team of LOs, our loan processor assistants integrate directly into your workflows and LOS.
What We Handle
What A Loan Processor Assistant Can Do For You
File Preparation & Data Entry
Prepare complete, accurate loan files so your licensed team can focus on underwriting and approvals.
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Document Collection
Gather and organize every required document so nothing holds up your pipeline.
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Compliance Support
Help your licensed team stay on top of regulatory requirements with thorough administrative support.
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Communication & Coordination
Keep all parties informed on loan status and next steps throughout the process.
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Pipeline & Milestone Tracking
Keep your loan pipeline organized and visible so nothing slips through the cracks.
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Closing Support
Coordinate the final steps of the loan process to help ensure a smooth, on-time closing.
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Security & Compliance
Your data is protected by enterprise-grade security
Every MyOutDesk virtual professional operates within a security framework built for the world's most regulated industries. From SOC 2 certified operations to CIS Level 2 hardened devices, we go beyond industry standards.
SOC 2 Type I Certified
Verified controls for enterprise security
CIS Level 2 Hardened Devices
MyOutDesk managed endpoints secured to CIS Benchmark standards
HIPAA Compliant
Safeguards for protected health information
PCI-DSS Compliant
Payment card data handled with certified controls
See the Difference
How We Compare
| Feature | Full-Time Hire | Freelancer / Marketplace | MyOutDesk |
|---|---|---|---|
| Time to hire | 4–8 weeks | 1–2 weeks | As little as 1 week |
| Screening | You run it | Self-reported | 6-stage vetting, 0.7% pass rate |
| Education | You verify | Unverified | College degree required |
| Dedicated to you | Yes | Rarely | Yes, full-time |
| Cost structure | Salary + benefits + overhead | Hourly, unpredictable | Flat monthly rate, all-inclusive |
| If it doesn't work out | Start over | Start over | We rematch at no extra cost |
| Oversight tools | You provide | None | Productivity tracking included |
| Legal entity (US & PH) | N/A | No | Yes |
| SOC 2 compliance | Your responsibility | No | Third-party audited |
| HIPAA verified | Your responsibility | No | Yes |
Verified Reviews
What Our Clients Say
4.9 (308 reviews)
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Mitchell Murray
Apr 2025Currently have 6 MOD VA's and about to hire more! Fantastic quality, customer service, and skills that have helped our organization scale! Our MOD VA Team has become a critical engine that allows us to deliver a high quality service reliably.
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Peter Chabris
Jul 2019I had a great experience working with MOD to find my Virtual Professional. I was impressed with the talent they were able to identify and they worked with me on finding the right person to help with our business needs. I'm excited to get started with our new Virtual Professional!
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Brad Tongen
Nov 2018Chris and the entire team ensured that the onboarding process was seamless. The entire team matched my company up with great candidates to choose from. Within just two weeks, we've gone through the entire process and have a qualified, well matched candidate already working on our team!
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System Administrator
Jan 2019My firm utilizes 10 full-time VA's from MyOutDesk in our sales, customer service, administrative & even IT department with stellar results. It's allowed us to quickly add staffing to meeting the demands of our growing business, and our VA's are smart, hard-working, and excellent communicators (sometimes a slight accent, but that's never been an issue). I think the reason for our success is the excellent screening & interviewing process that MyOutDesk uses - we've tried a few outsourcing companies in the past, but had disappointing results and honestly if felt like most outsourcing companies were fly-by-night operations. MyOutDesk is a real company, and they're always helpful with support, sourcing new staff, and working with us on any issues that arise (which is rare). I'd have to say they've been a giant asset to our company!
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Joseph Back
Nov 2019Very professional and easy to work with.
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Chris Alley
Mar 2021Leslie and Papples are wonderful!
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Michael Vanderheyden
Jun 2020The process of hiring a virtual assistant was well organized and very professional.
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Nicar Bocalan
Dec 2021Anya is very helpful and is a complete Rockstar! MOD is full of amazing professionals and I'm very excited to be working with such a great company.
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Daniel Sepulveda
Aug 2021Absolutely outstanding on boarding process as a client myself. I can’t remember the last time I’ve felt so genuinely taken care of in all my needs and concerns. Thanks so much!
Helpful Resources
Mortgage Articles & Guides
Tips, strategies, and insights to help you get the most from your mortgage virtual assistant.
Virtual Assistants
Example Mortgage Loan Processor Job Description (for best results)
In this article, we will cover the ideal job description for a Mortgage Loan Processor. The position may involve processing mortgage loan applications, gathering information about potential borrowers, and managing the loan-processing workflow. From this description, you should be able to determine how much knowledge is needed in order to recruit for the job role successfully.
Read more
Company
MOD Movement: The Non-profit That Serves the World
We introduce the MOD Movement, a non-profit organization that aims to help impoverished communities around the world. We discuss its history, its mission and values, and the various projects it has undertaken. The article also features interviews with our leaders, volunteers, and beneficiaries.
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FAQ
Common questions
How much does it cost to hire a loan processor assistant?
With MyOutDesk, you can save up to 70% compared to hiring an in-house loan processor. We handle all recruiting, background checks, payroll, and benefits so you can add processing capacity without the overhead.
What tasks can a loan processor assistant handle?
Our loan processor assistants provide administrative and clerical support under the direction of your licensed mortgage professionals. This includes document collection, data entry into your LOS, file preparation for underwriting, pipeline tracking, borrower follow-up for missing documents, coordination with title companies and appraisers, and closing support.
Can your VAs work with my loan origination system?
Yes. Our loan processor assistants are comfortable learning major platforms including Encompass (ICE Mortgage Technology), Calyx Point, Byte, LendingPad, and other popular loan origination systems. Most teams will need to train their VA on their specific LOS and workflows, just like any new hire. We support you through onboarding and help make sure your VA gets up to speed as quickly as possible.
Does my loan processor assistant need to be NMLS licensed?
Our loan processor assistants perform administrative and clerical support duties under the supervision of your licensed mortgage professionals. They do not take loan applications, discuss or negotiate loan terms, or make credit decisions. These activities are reserved for your licensed team members.
Can a loan processor assistant communicate with borrowers?
Yes, for administrative purposes. Your VA can contact borrowers to request missing documents, provide loan status updates, schedule appointments, and send reminders. They do not discuss loan terms, rates, or provide advice on loan products.
What about data security and borrower information?
We take data security seriously. All MyOutDesk virtual assistants go through thorough background checks, sign NDAs, and follow strict data handling protocols. We also support your existing security requirements to help you maintain compliance with GLBA and other data protection standards.
Can a loan processor assistant support multiple loan officers?
Yes. Many of our clients assign their loan processor assistant to support multiple loan officers on the same team. Your VA can manage files across your pipeline, track milestones for each LO, and keep the entire team organized.
What loan types can your VAs support?
Our loan processor assistants can support all common loan types including conventional, FHA, VA, USDA, jumbo, and non-QM. They maintain document checklists tailored to each loan type to ensure nothing is missed.
Will my loan processor assistant be dedicated or shared?
All of our virtual assistants are dedicated to a single client. Your VA will learn your team's workflows, your LOS, and your specific processes to deliver consistent, reliable support.
How quickly can we get started?
We can onboard a loan processor assistant in as little as 7 days. We just need to understand your pipeline volume, the tools you use, and your team's processes to match you with the right VA.
Can I bring my own non-disclosure agreement (NDA)?
Yes, we are happy to work with you to get an NDA between your virtual assistant and your company signed. We also provide a default NDA that protects all our clients.