Craig Fauver
Jun 2020
Great experience so far!
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
BAA-ready safeguards for protected health information
PCI-DSS Compliant
Payment card data handled with certified controls
Identity-Verified Talent
Dual-stage live video, government ID, and document verification for every hire
NDA by Default
Every VA signs our NDA; we honor yours on request
Real virtual assistants, amplified by AI
Every MyOutDesk VA is trained through MOD University to use modern AI tools, then paired with the AI toolkit your work needs. A real person still reviews every AI-assisted deliverable before it reaches you, so your loan processor VA works faster and cleaner, with the judgment AI doesn't have.
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Trained
MOD University
Prompting, verification, and role-specific AI workflows, refreshed as the tools change.
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Equipped
Your stack, your rules
Your VA works inside your AI tools, on your accounts, under your governance.
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Trusted
Human-in-the-loop
A real person reviews every AI-assisted deliverable before it reaches your customers or CRM.
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 |
| Time zone coverage | One person, one shift | Their schedule, not yours | Works your timezone; 24/7 coverage available |
| 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 (303 reviews)
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Maria DiPoce
Jun 2019So far I am speechless at the level of care and customer service! From my sales manager Paul to my placement specialist Danielle! They carefully listened to my needs and found me a great fit! I can't wait to get this new system in place and running! Thank you!
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Knolly Williams
Apr 2019I’ve been using MyOutdesk for more than 5 years and I have 3 fantastic VAs. This company has been a game changer for my business! Can’t recommend them highly enough.
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Missy Cheese
Jun 2021Anj is very professional and has excellent communication skills. She provided my team with timely written and verbal updates throughout the process. The candidates that were selected for interviews were adequately qualified for the job and had professional, impressive resumes. The interview process was seamless and the organization was impeccable. I would definitely recommend this company and would do business with them in the future if needed.
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Lisa Earley
Aug 2019Fabulous experience. I have hired six virtual assistants in the past and this was the first time with this organization. Fabulous experience. Super easy and fast.
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Trey Bell
Jul 2020Very responsive, affordable, offers great feedback and assistance in getting a VA hired. Highly recommend.
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John Klobe
Aug 2019Excited to the opportunity to grow my business and an affordable price.
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Burçin Can Metin
Mar 2022I was very satisfied with MyOutDesk's super fast, responsive and quality service. MyOutDesk has an excellent HR department is incredibly talented at finding candidates who match your requests and needs. I especially strongly recommend that you should meet Anya Zhantal and start recruitment processes with her. Anya is a tremendous placement specialist who is incredibly positive, super energetic and very skilled at listening and analyzing your needs. A big thank you to Anya and the MyOutDesk team. The virtual assistant you are looking for is at MyOutDesk for sure.
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Kari Wilbanks
Nov 2019everybody is wonderful and professional!!!
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Leanna Halldorf
Nov 2019They made the interview process a breeze. They had 3 people lined up and ready to interview in a virtual meeting. I hired my person that same day and she will start next week! Great process in hiring.
Helpful Resources
Mortgage Articles & Guides
Tips, strategies, and insights to help you get the most from your mortgage virtual assistant.
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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.
Do MyOutDesk virtual assistants use a password manager?
Yes. We require every VA to share and store credentials through a password manager - never in plain text, email, chat, or browser autofill. We can use the password manager your team already runs on (1Password, Bitwarden, LastPass, Dashlane, Keeper, or similar) or provide one. Access can be revoked instantly when the engagement ends.
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.