Mortgage Loan Processor jobs in Massachusetts

Mortgage Loan Processor performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Being a Mortgage Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Mortgage Loan Processor ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Mortgage Loan Processor works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)

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Consumer and Mortgage Loan Processor
  • Bay State Savings Bank
  • Worcester, MA FULL_TIME
  • April 11, 2024

    Company Overview:

    Established in 1895, Bay State Savings Bank is an approximately $500MM, Massachusetts-based mutual Bank. As a Bank owned by a mutual holding company, the Bank is effectively governed by its depositors, and its mutual ownership structure allows it to focus on long-term and community impact rather than short-term profits. BSSB has six branch locations in central Massachusetts and operates one education branch within a high school. BSSB is the only remaining mutual savings bank originally headquartered in Worcester, Massachusetts: the second largest city in New England. BSSB is a value-driven organization committed to international actions and investments that position the Bank as the communities’ preferred choice for Banking.

    Position Description:

    Under general supervision of the Vice President – Retail Lending, performs a variety of administrative and clerical duties surrounding the processing of mortgage and home equity applications, initial loan disclosures, and ordering of title and appraisal of the Bank’s mortgage and consumer loan products and services. Oversight of compliance for all mortgage, consumer, and home equity loan products.

    Key Responsibilities:

    • Responsible for the initial review, processing, and disclosing of mortgage and consumer loan products including, but not limited to: residential mortgages, home equity loans, home equity lines of credit, personal unsecured loans, Mass Save HEAT loans, auto loans, passbook loans, etc.
    • Issues initial loan disclosures in a timely fashion.
    • Works closely with loan officer/branch manager to acquire all needed information and coordinates communication with loan officers and applicants regarding loan decisions.
    • Manages pipeline, including tracking key dates such as the Settlement/Closing Date, Mortgage Financing Contingency Date and Rate Lock Expiration Date for purchase transactions.
    • Orders title services from the Bank’s approved list of closing attorneys.
    • Responsible for ordering and tracking appraisals within appropriate timeframes.
    • Tracks loan commitment conditions during the underwriting process.
    • Assists Loan Closer with the coordination of timely loan closings.
    • Serves as backup to the Loan Closer role as needed.
    • Helps prepare and QC closing disclosures and closing packages.
    • Conducts initial review of all canceled/denied mortgage and home equity loans for HMDA reporting and compliance. Completes HMDA worksheet for review by VP Retail Lending.
    • Responsible for uploading and indexing all originated and non-originated loans including consumer loans into Identifi and certifying all required documents are included and legible.
    • Proper use and maintenance of our electronic documents storage system, Identifi.
    • Performs related work as required.
    • A culture of professionalism, respect, diversity, and ethical business conduct.
    • A high level of performance, productivity, and long-term value creation.

    Qualifications, Education, and Experience:

    • High school diploma or equivalent.
    • College course work in the fields of accounting or finance, or equivalent work experience.
    • Sound knowledge of State and Federal banking regulations.
    • Sound knowledge of regulatory requirements.
    • Thorough understanding of mortgage loan products.
    • Thorough understanding of Bank’s Retail Lending products, programs, and fee structures.
    • High level of computer literacy, including Microsoft Office programs.
    • Must have the ability to analyze and evaluate special circumstances and make appropriate decisions according to operating policies and procedures.
    • Proactive, precise, and highly motivated.
  • 5 Days Ago

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Mortgage Processor
  • Cross Country Mortgage
  • Woburn, MA FULL_TIME
  • Our top-producing team is in search of a Mortgage Loan Processor with experience in the lender model. If you love helping people and are driven to close loans quickly, we need to talk! You’ll handle t...
  • 1 Month Ago

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Mortgage Loan Officer
  • HUNT Mortgage
  • Boston, MA FULL_TIME
  • HUNT Mortgage is seeking an ambitious and results-driven Mortgage Loan Officer to join our team of highly motivated Mortgage Consultants. Ideal candidates for our team will be experienced in relations...
  • 23 Days Ago

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Bilingual Mortgage Loan Officer
  • Cross Country Mortgage
  • Woburn, MA FULL_TIME
  • Are you an experienced mortgage loan officer with strong marketing, communication, and analytical skills?If so, we'd love to talk with you about joining our mortgage team. We need someone with extensi...
  • 14 Days Ago

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Mortgage Loan Originator
  • Jet Direct Mortgage
  • Boston, MA FULL_TIME
  • MORTGAGE LOAN ORIGINATOR All Mortgage Lenders talk about their competitive compensation, quick turn times, in house products, etc. Sure we all have those, but why focus on the things that are a given ...
  • 6 Days Ago

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Mortgage Loan Originator
  • Jet Direct Mortgage
  • Worcester, MA FULL_TIME
  • MORTGAGE LOAN ORIGINATOR All Mortgage Lenders talk about their competitive compensation, quick turn times, in house products, etc. Sure we all have those, but why focus on the things that are a given ...
  • 6 Days Ago

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Mortgage Loan Processor
  • RemX
  • Cleveland, OH
  • Job Description Job Description Direct Placement Mortgage Loan Processor 100% onsite- Cleveland, OH Growing home buildin...
  • 4/19/2024 12:00:00 AM

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Mortgage Loan Processor
  • Marjon Management Advisors Llc
  • Webster, MA
  • We have an immediate need for a Mortgage Loan Processors for our growing financial services customer. This candidate wil...
  • 4/18/2024 12:00:00 AM

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Mortgage Loan Processor
  • Sharp Mortgages Inc
  • Jacksonville, FL
  • Company Description Sharp Mortgages Inc is a mortgage company based in Jacksonville, FL. We are committed to helping our...
  • 4/18/2024 12:00:00 AM

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Mortgage Loan Processor
  • Marjon Management Advisors, LLC
  • Webster, MA
  • We have an immediate need for a Mortgage Loan Processors for our growing financial services customer. This candidate wil...
  • 4/17/2024 12:00:00 AM

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Mortgage Loan Processor
  • Digital Risk
  • Boca Raton, FL
  • Processor Digital Risk’s mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-...
  • 4/17/2024 12:00:00 AM

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Mortgage Loan Processor
  • Paladin Consulting
  • Dallas, TX
  • Loan Support Team members provide customer support for Products. Specifically handle loan processing related questions i...
  • 4/17/2024 12:00:00 AM

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Mortgage Loan Processor
  • Digital Risk
  • Boca Raton, FL
  • Processor Digital Risks mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-t...
  • 4/16/2024 12:00:00 AM

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Mortgage Loan Processor
  • Straussgroup - Executive Search Consultants
  • Fairfax, VA
  • Whether you're looking to break into the mortgage industry or searching for an opportunity to advance your career with a...
  • 4/16/2024 12:00:00 AM

Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River. Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Loan Processor jobs
$44,945 to $56,579

Mortgage Loan Processor in Nassau, NY
This position can and does work independently to analyze and make recommendations about the approval or denial of a loan.
January 07, 2020
Mortgage Loan Processor in Scranton, PA
Also, knowing how much you can afford prior to beginning the mortgage process will help you narrow down the field so you don’t waste time looking at homes that are out of reach.
January 21, 2020
Mortgage Loan Processor in Stockton, CA
Let's find out what skills a Mortgage Loan Processor actually needs in order to be successful in the workplace.
November 27, 2019