Loan Processor Jobs in Newtonville, 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.
Senior Participation Analyst Loan Operations Specialist
- Boston, MA (6 miles from Newtonville, MA)
- 15 hours ago
- Boston, MA (6 miles from Newtonville, MA)
- 15 hours ago
Senior Participation Analyst Loan Operations Specialist Remote - USA,USA About Us SolomonEdwardsGroup, LLC (SolomonEdwards) is a full-service professional services firm offering financial,...
- Boston, MA (6 miles from Newtonville, MA)
- 6 days ago
- Boston, MA (6 miles from Newtonville, MA)
- 6 days ago
Order property and loan documentation such as automated values, title searches, flood certificates, property condition reports, and initial disclosures....
- Melrose, MA (9 miles from Newtonville, MA)
- 8 days ago
- Melrose, MA (9 miles from Newtonville, MA)
- 8 days 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...
- Boston, MA (6 miles from Newtonville, MA)
- 8 days ago
- Boston, MA (6 miles from Newtonville, MA)
- 8 days ago
Vaco Boston has partnered with our client to help fill a Loan Processor role....
- Westborough, MA (22 miles from Newtonville, MA)
- 8 days ago
- Westborough, MA (22 miles from Newtonville, MA)
- 8 days ago
Requirements Education High School Diploma or equivalent is required Work Experience 1-2 years loan processing or related experience is required Knowledge, Skills, and Abilities Good word processing...
- Boston, MA (6 miles from Newtonville, MA)
- 27 days ago
- Boston, MA (6 miles from Newtonville, MA)
- 27 days ago
Explains the loan process to include loan options, insurance required on Credit Union loan products, loan policies, interest rates, payoffs, etc....
- Boston, MA (6 miles from Newtonville, MA)
- 29 days ago
- Boston, MA (6 miles from Newtonville, MA)
- 29 days ago
Minimum of 5 years residential mortgage processing experience. Experience with Encompass....
Loan Administration Specialist Massachusetts Institute of Technology (MIT)
- Cambridge, MA (3 miles from Newtonville, MA)
- 45+ days ago
- Cambridge, MA (3 miles from Newtonville, MA)
- 45+ days ago
LOAN ADMINISTRATION SPECIALIST, MIT Federal Credit Union (MITFCU), responsiblefortheservice of allnationwiderealestateand consumer loans. Will address the needs of our internal and external...
Demographic Data for Newtonville, MA
Moving to Newtonville, MA? Find some basic demographic data about Newtonville, MA below.
Loan Processor Online Courses and Training Opportunities
Salary for Loan Processor Jobs in Newtonville, MA
Highest Education Level
Loan Processors in Newtonville, MA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Processor position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Account Maintenance
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- Encompass
- Mortgage Processing
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Reconciliations
- General Ledger
- File Management
- Real Estate
- Closing
- Finance
- Retail
- High School Diploma
- Auditing
- Written Communication
- Verbal Communication
- Telephone Skills
- Collaboration
- Documentation
- Reporting
- Data Entry
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Processor Related Career Advice Articles

How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »