Loan Processor Jobs in Milton, MA

A Loan Processor in the banking industry serves as an intermediary between the potential borrower and the lending institution. They are responsible for reviewing loan applications, conducting credit research, coordinating with underwriters, and ensuring that the loans are processed in a timely manner. They assess the ability of the applicant to repay the loan, verify the information provided, and prepare documents for closing. The Loan Processor plays a key role in ensuring the smooth running of the loan approval process, that conforms with bank regulations and guidelines.

Important skills for a Loan Processor include excellent communication, attention to detail, quality customer service, and problem-solving abilities. They should be proficient in using loan processing software and have a strong understanding of banking and financial principles. Some of the certifications that could be beneficial are Certified Mortgage Loan Processor (NAMP-CMLP) and FHA Direct Endorsement (DE) Underwriting certification. Prior to becoming a Loan Processor, an individual might have roles such as Loan Officer Assistant, Credit Analyst, or Customer Service Representative in a banking or financial institution.

1-9 of 9 Jobs

Loan Operations Specialist

  • Melrose, MA (15 miles from Milton, MA)
  • 5 hours ago
  • Melrose, MA (15 miles from Milton, MA)
  • 5 hours ago

Vaco Boston has partnered with our client to hire an Operations Specialist to join their team! When: Immediate need, interviews this week! Pay: $25-$30/hour Education and Experience High school...

Loan Operations Specialist

  • Reading, MA (20 miles from Milton, MA)
  • 5 hours ago
  • Reading, MA (20 miles from Milton, MA)
  • 5 hours ago

Vaco Boston has partnered with our client to hire an Operations Specialist to join their team! When: Immediate need, interviews this week! Pay: $25-$30/hour Education and Experience High school...

Loan Processor

  • Boston, MA (8 miles from Milton, MA)
  • 5 hours ago
  • Boston, MA (8 miles from Milton, MA)
  • 5 hours ago

Vaco Boston has partnered with our client to help fill a Loan Processor role....

Consumer Loan Processor

  • Boston, MA (8 miles from Milton, MA)
  • 18 days ago
  • Boston, MA (8 miles from Milton, MA)
  • 18 days ago

Explains the loan process to include loan options, insurance required on Credit Union loan products, loan policies, interest rates, payoffs, etc....

Loan Processor

  • Norwood, MA (7 miles from Milton, MA)
  • 20 days ago
  • Norwood, MA (7 miles from Milton, MA)
  • 20 days ago

Loan Processor Job Description Loan processors I are responsible for reviewing and verifying the accuracy of the borrower(s) financial documentation and the mortgage loan application....

Loan Processor

  • Boston, MA (8 miles from Milton, MA)
  • 21 days ago
  • Boston, MA (8 miles from Milton, MA)
  • 21 days ago

Minimum of 5 years residential mortgage processing experience. Experience with Encompass....

Loan Administration Specialist Massachusetts Institute of Technology (MIT)

  • Cambridge, MA (10 miles from Milton, MA)
  • 30+ days ago
  • Cambridge, MA (10 miles from Milton, MA)
  • 30+ days ago

LOAN ADMINISTRATION SPECIALIST, MIT Federal Credit Union (MITFCU), responsiblefortheservice of allnationwiderealestateand consumer loans. Will address the needs of our internal and external...

Loan Processor, Wholesale, Submission

  • Salem, MA (20 miles from Milton, MA)
  • 45+ days ago
  • Salem, MA (20 miles from Milton, MA)
  • 45+ days ago

One to two (1-2) years Loan Processing work experience required. Encompass/Empower experience preferred....

Loan Processor, Wholesale, Submission

  • Boston, MA (8 miles from Milton, MA)
  • 45+ days ago
  • Boston, MA (8 miles from Milton, MA)
  • 45+ days ago

** Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission....

Demographic Data for Milton, MA

Moving to Milton, MA? Find some basic demographic data about Milton, MA below.


Local
National
28,637
479
Medium

Loan Processor Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Construction Loan-in-process
Learn the fundamentals of accounting for construction loans, focusing on the Loan-in-Process (LIP) account. This course is ideal for professionals in lending, finance, or accounting who work with...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Become a Mortgage Loan Processor
Starting a new career as a mortgage loan processor is a smart and profitable decision that can have a significant effect on your financial future. Mortgage loan processors are in high demand!In...

Salary for Loan Processor Jobs in Milton, MA

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Processors in Milton, MA offer the following education background
Bachelor's Degree
35.7%
High School or GED
22.9%
Associate's Degree
14.9%
Vocational Degree or Certification
11.8%
Master's Degree
11.0%
Some College
2.4%
Doctorate Degree
0.9%
Some High School
0.5%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Processors in Milton, MA
2-4 years
30.6%
Less than 1 year
23.9%
6-8 years
13.6%
None
12.9%
4-6 years
12.3%
1-2 years
6.7%



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