Loan Processor Jobs in Millbury, MA

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Interlibrary Loan Supervisor
Amherst College 4.3
Loan Processor Job 36 miles from Millbury
Amherst Campus Full Time JR5913 Amherst has taken a leadership role among highly selective liberal arts colleges and universities in successfully diversifying the racial, socio-economic, and geographic profile of its student body. The College is similarly committed to enriching its educational experience and its culture through the diversity of its faculty, administration and staff. Job Description: Amherst College invites applications for the Interlibrary Loan Supervisor position, a full-time (40 hours per week) position, scheduled 7:30 am-4:30 pm, starting at $25.47 per hour - commensurate with experience. Given Amherst's distinction as one of the most diverse liberal arts colleges in the country, the successful candidate will demonstrate the ways in which they bring value to and will work towards supporting a broadly diverse community. Discussion around accommodations is welcomed in our efforts to create a respectful, inclusive, and welcoming work environment. The Interlibrary Loan Supervisor coordinates a user-centered resource-sharing service, ensuring equitable access to academic material to support research and learning. They oversee the exchange of materials with an international network of libraries, maintaining high levels of service in all borrowing and lending. They participate fully as a member of the Access Services department and provide service during regularly scheduled hours at the front desk. Summary of Responsibilities: Interlibrary Loan Processing Provides Amherst students, faculty, and staff with materials not held locally, utilizing advanced search techniques as needed. Develops and maintains expertise in a complex and evolving research environment, following developments in databases and online resources Establishes and maintains mutually beneficial relationships with partner libraries from across the country and internationally, providing exceptional service to both our borrowing libraries and our users Management & Planning Supervises and trains an Interlibrary Loan team of 1 full-time staff and 2-3 part-time student assistants, developing and maintaining an engaging work culture where staff feel welcomed, respected, valued, and supported Collaborates with colleagues in Research & Instruction and Acquisitions to provide an easily accessible service for users to acquire material not available at Amherst or the Five College Libraries Works with the Library Web Services Manager to maintain clear, integrated pathways to requesting and accessing material Collects and analyzes data to identify trends and opportunities for collection development and service improvements Communicates effectively and builds relationships with staff colleagues, partner libraries, and users Maintains ILL and scanning software and hardware, communicating with vendors as necessary Fosters mutual support and collaboration among a small team of Access supervisors Access Services Team Provides responsive and inclusive service during regularly scheduled hours at the Frost Front Desk Welcomes users, maintains borrower accounts, explains policies, and makes referrals to other library or campus departments as appropriate Oversees and supports the work of a diverse group of student assistants, serving as Student Supervisor On Duty in the absence of the Access Services Supervisor Monitors and responds to messages as part of a team in the Library Circulation and Access Supervisors email accounts Attends regular department, library, division, and collegewide meetings Creates a professional development plan and participates in service opportunities in consultation with the supervisor Qualifications: Required Bachelor's degree, or 5 years of experience in lieu of degree 1 year of work experience in an academic or research library Experience searching online bibliographic databases and a strong interest in continual learning Demonstrated exceptional customer service, including creative problem-solving and a commitment to equitable access Demonstrated close attention to detail and organizational skills Proficient computer skills and demonstrated ability to learn and apply new technologies to existing operations Ability to independently manage multiple priorities and tasks Ability to work closely and problem-solve with colleagues from all library departments, students, faculty, and staff Strong verbal and written communication skills Demonstrated commitment to effectively supporting a broadly diverse and intentionally inclusive community Preferred 1 year of work experience in resource sharing or interlibrary loan 1 year of work experience supervising others and providing training Amherst College offers many opportunities for professional growth and development, continued learning, and career advancement. Amherst College is pleased to provide a comprehensive, highly competitive benefits package that meets the needs of staff and faculty and their families. Benefits are an important part of our overall compensation, so it is critical that you review all of the options to ensure it meets your total compensation requirements. Click here for Benefits Information. Interested candidates are asked to submit a resume and cover letter online at *************************************************** Please be sure to upload all requested documents prior to clicking Submit. Applications cannot be revised once submitted. (Current employees and students should apply by clicking on the Jobs Hub icon from their Workday home screen) Review of applications will begin immediately and will continue until the position is filled. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. To apply, visit *************************************************************************************************************** Copyright ©2025 Jobelephant.com Inc. All rights reserved. Posted by the FREE value-added recruitment advertising agency jeid-1316be8081db7e468c91712cc1b47d67JobiqoTJN. Keywords: Library Supervisor, Location: PELHAM, MA - 01004
$25.5 hourly 1d ago
Consumer Loan Processor
Mass Bay Credit Union
Loan Processor Job 39 miles from Millbury
Job purpose is not remote! Under the supervision of the Consumer Loan Supervisor and the AVP of Consumer Lending, processes consumer loans on a timely and accurate basis and provides a consistently high level of quality service to members and potential members in the lending process. Prepares, analyzes, processes, and documents all required forms and documentation for consumer loan products. Provides member and departmental support for all aspects of consumer loan and consumer loan servicing within the Credit Union. Handles all member transactions with complete discretion and confidentiality. Duties and responsibilities * Interviews consumer loan applicants in person, by phone, or electronically and assists borrowers in providing information, and answering questions to find the best loan product for their needs. * Works with the borrower to gather financial information such as credit reports and verify the accuracy to determine creditworthiness. * Answers questions from borrowers throughout the loan process and explains to the borrowers such things as interest rates, loan limits, insurance products, payoffs, etc. * Gather all required information and documentation to secure a consumer loan. * Prepare and submit detailed loan packages to the underwriters for approval or denial. * Verifies contents and completion of approved loan folders and inputs onto the computer system. * Maintains a filling system and procedures to monitor that the required documentation is received in a timely manner and maintained appropriately and according to policies and procedures. * Closes approved loans; completes all necessary loan documents to close the file; and prepares payroll designation and all other related documents to bring to completion. * Ensures that all members and potential members feel welcome to the Credit Union and are supported professionally in the process. * Informs members of Credit Union products and services, explaining features and benefits; cross-sells products and services when appropriate and within scope of responsibility. * Scans checks and performs other duties within the department as needed. * Cross-trains and performs all positions within the Mortgage Loan Department * Participate in activities that help reinforce our PICK US values and support a positive internal culture. * Attends training sessions upon request. * Adheres to the Credit Union's anti-money laundering and Bank Secrecy Act policies and procedures. * Assumes other duties as new products, services, or technology are introduced. * Note: The above is a description of the ordinary and essential duties of the position. Other duties both related and unrelated to the above may be assigned and therefore required. Qualifications * Professional and pleasant interpersonal and communication skills. * Position requires general knowledge of all Credit Union products and services as well as credit procedures. * Requires education equivalent to a four-year high school education. Proficiency with computer software applications including Word and system applications is required. * Position requires two years of experience in a bank, or Credit Union with consumer loan processing experience preferred. * Position requires the ability to read and understand oral and written instructions. Requires the ability to effectively communicate with members or employees and to solve day-to-day problems involving several variables in standard situations. * Intermediate mathematical skill required (adding, subtracting, multiplying, dividing, percentages, interest). Working conditions Must be able to routinely perform indoors in climate-controlled shared work area with minimal noise. At times having to interact with difficult members. Physical requirements While performing the essential duties of the position, the employee would be regularly required to stand, sit, walk, stoop, kneel, talk, and hear. Vision requirements include close vision and the ability to focus. The nature of this position requires physical mobility and the ability to occasionally lift and/or move a maximum of 25 pounds. Direct reports None This job description is only a summary of the typical functions of the job, not an exhaustive or comprehensive list of all possible responsibilities, tasks, and duties.
$34k-46k yearly est. 34d ago
Senior Loan Servicing Representative
Mutualone Bank 4.1
Loan Processor Job 22 miles from Millbury
Title: Senior Loan Servicing Representative Department: Loan Servicing Reports to: Loan Servicing Officer Supervises: None Classification: Non-exempt Date Prepared: November 22, 2024 Summary / Objective The Senior Loan Servicing Representative responsibilities include performing a variety of loan servicing and processing activities in conformance with established bank policies, procedures and objectives. Functions include, but are not limited to, the booking of loans on the Bank's core system, quality control and auditing of loan documents, document maintenance, tracking and review of all pending loan documents, exceptions and end of month financial reporting. Experience & Education Requirements: Bachelor's degree or equivalent lending experience Background in financial institution's real estate, commercial and/or consumer lending procedures Excellent understanding of lending procedures, Federal and State lending regulations Proven customer service skills Essential Job Functions: Responsible for booking and/or modifying Residential and Consumer loans, as well as an understanding for Commercial loans. This entails the ability to read and interpret promissory notes and modification agreements to establish the proper schedules and data in the system that will reflect the contract with the member. Must be able to use sound judgment when selecting codes, such as property type, account type, flags, etc., as each of these is critical to the system and reporting Assist with Commercial onboarding, modification, and quality control checks Ensure all loan documentation is accurate, complete, and in compliance with internal and regulatory standards Maintain, manage, and track all pending and outstanding loan documents, resolve exceptions and ensure that any missing or incorrect information is identified and corrected promptly Perform loan field maintenance and transactions, such as printing notices, payoff processing, unapplied payments, returned payments, tax and insurance escrow disbursements and loan modifications Research and resolve servicing Issues, clear system errors and verify report within scope of authority and expertise. Process loan payments and perform complex transactions, including, but not limited to, recalculating principal, interest, escrow and other payment information for accounts, as necessary. Process and prepare all paid off documentation to the customer and/or attorney, releasing collateral liens appropriately Daily/Monthly reporting of FNMA MPF loans Monitor real estate taxes, flood & hazard insurance, and other charges on secured properties Instruct vendors to impose forced-placed insurance coverage on acquired properties, ensure proper coverage, and pay premiums. May manage collection activities to include telephone calls, letters to borrowers and documentation of same. Address credit bureau disputes, investigate claims, and confirm or remove derogatory items from customer's credit history. Adhere to timelines and deadlines established, based on client needs and department workflow. Comply with all federal and local rules, laws and regulations Maintain written policies and procedures. Maintain knowledge of department policies and procedures through internal and external training activities Assist with departmental ad hoc projects, as necessary. Conduct regular reviews to recommend improvements in workflow, efficiency, and quality. Assist in all areas of lending as required, including providing backup support, conducting system testing and upgrades Qualifications Required knowledge, skills & abilities: Excellent knowledge of banking regulations and policies and procedures Knowledge of loan processing practices, methods and procedures Knowledge of Commercial, Real Estate and Consumer loan files and documents Excellent interpersonal, communication & computer skills Ability to apply critical thinking and problem solving skills Ability to provide courteous, knowledgeable and professional customer service on the phone Ability to assume responsibility, display initiative, exercise good judgment and make and act upon decisions with minimal supervision. Ability to perform accurate data input into a variety of software. COCC, DNA preferred, yet not required. Successful completion of in-house training programs or other approved training programs Compliance with BSA regulations as appropriate to the position Physical Demands and Work Environment: Ability to use standard equipment such as computers, phones, photocopiers Requires manual dexterity and sitting and standing for longer periods of time Must be able to work schedules that meet the needs of the Bank, which may include early morning, evening and /or weekend hours Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
$66k-136k yearly est. 60d+ ago
Senior Consumer Loan Processor
Hanscom Federal Credit Union
Loan Processor Job 27 miles from Millbury
It's an exciting time to be at Hanscom Federal Credit Union! As a member of our Consumer Lending Department, you will join a dynamic team of purpose-driven individuals committed to delivering exceptional service to our members. Who we are - Hanscom Federal Credit Union Members-first - our members are our top priority. We make business decisions with our members at the top of mind. Integrity - we're honest and committed to doing what's best for our members and our company. What is right isn't the same as what is easy. Teamwork - we are in this together and we all benefit from our success. Innovation - we identify new ideas for processes or products that will lead to positive changes and take the initiative to implement the changes. Empathy - we understand that communication starts by listening, understanding diverse perspectives, and caring about others' sustained success. What we offer A full-time, permanent position that will reward you through an annual bonus program. Medical, Dental, Vision, FSA, 401(k), Student Loan Paydown, and paid Sick and Vacation time benefits. A flexible hybrid work schedule environment. We are committed to fostering career growth and development - when you join our organization it's not just a job. We look to develop your skills aligned to our business needs and help you progress in your career. Who you are - Senior Consumer Loan Processor You are a dynamic, detail oriented, intuitive person with the ability to develop relationships, build rapport and become a trusted team member. You are able to provide everyone you assist or support with a high level of service, have strong organization and multi-tasking skills, and are searching for a rewarding career where you are valued and respected. What you'll do Responsible for the accurate and timely funding of all indirect loans, including but not limited to gathering and reviewing all necessary documentation, delaying funding as necessary, and contacting internal and external stakeholders to move loans to funding. Handle escalated and complex calls, including but not limited to difficult dealers, funding issues, and calls escalated from members and staff. Is the point of contact for underwriters, applicants and MEC to facilitate smooth communication and resolve issues in a timely manner. Provides prompt, efficient, and professional service to all members with transactions, loan maintenance, loan questions and payoff requests by answering the loan department extension. Processes monthly dealer reserve chargeback report and invoices; records dealer payments of chargebacks on spreadsheet and tracks payment of unpaid invoices. Coach and mentor new hires to the Consumer Lending Processing Team and ensure that existing staff are trained and following updates to HFCU's policies, procedures, and systems. Responsible for gathering loan documentation for examinations and audits of HFCU's lending programs; assists with investigating concerns presented by examiners and auditors. Participates in projects as requested. Processes changes and system upgrades. Works with vendors and internal staff to learn, understand and test new items as necessary. Identify lending platform inefficiencies and provide recommendations for solutions. Verifies and adheres to all lending regulations whether they are federal, state, or HFCU policies. Identify and escalate any irregularities or possible fraud to supervisors for review Responsible for reviewing Indirect vehicle loan title documentation to help ensure that HFCU's lien is in place so that a title may be obtained and held by HFCU. Assisting with Titles for direct loan Title Perfection Creating, updating and maintaining Processes and Procedures for Organization's use Assumes additional responsibilities as requested. Knowledge/Skills/Experience Required: 1-3 years of similar or related experience, including preparatory experience. Education/Certifications/Licenses A high school degree or equivalent PHYSICAL REQUIREMENTS Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in an emergency situation. Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable and timely attendance. WORKING CONDITIONS Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise. MENTAL AND/OR EMOTIONAL REQUIREMENTS Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to complete basic mathematical calculations, spell accurately, and understand computer basics. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters. ** Must be authorized to work in the US **
$39k-62k yearly est. 13d ago
Mortgage Processor
Usalliance Financial 4.0
Loan Processor Job 35 miles from Millbury
About Us: At USALLIANCE, we pride ourselves on innovation, teamwork, training and development and career planning. As part of our team, you will have the opportunity to grow both personally and professionally in an inclusive and supportive environment. Represent USALLIANCE in the community and form lasting relationships with our members and partners. About This Role: Responsible for the timely processing of all mortgage loan applications received by Credit Union through multiple lending channels in compliance with Federal, State and Local Regulatory Requirements, within established timelines to meet loan closing deadlines. Key Responsibilities: Provide strong verbal and written communication to members, mortgage brokers, and internal stakeholders during the application process. Effectively manage pipeline, prioritizing loan files to meet loan-level timelines including commitments, mortgage contingency dates, close dates, and rate locks. Generate Loan Estimates on a timely basis to meet Regulatory requirements including 3-day disclosure requirement. Accurately Calculate Fannie Mae Loan Level Price Adjustments (LLPA). Order services through 3rd parties including credit reports, flood certs, appraisals and settlement and title services. Assist with incoming calls to Real Estate Lending phone queue. Collect and review all loan documents to satisfy loan conditions, prepare loan files for underwriting, ensuring documentation is in order, accurate and complete prior to advancing to Underwriter for review. Note: Reviewing loan file requires working knowledge and understanding of loan applications, credit report, asset statements (including sourcing large deposits and EMD's), income docs (including paystubs, W- 2's, tax returns), appraisals, title work, etc...and the ability to identify possible deficiencies in file, including possible fraud/risk and ask appropriate questions, obtain clarifications and/or updated docs as needed. Perform File Maintenance, Compliance and QC tasks including but not limited to: Issuing 21-day letters, ensuring accuracy and completeness of HMDA data, performing Pre-Closing QC. Who You Are: Minimum 1-3 years current Conventional Mortgage Loan Processing experience. Processing loans through Encompass LOS experience preferred. Ability to multi-task and process high loan volume in fast-paced system & technology based. environment; encouraging and cultivating continuous process improvement. In-depth understanding of current Regulatory Requirements relative to TRID, as well as other State and Federal Regulatory requirements. Experience generating and reviewing Loan Estimates (LE's). Working knowledge and understanding of Fannie Mae Guidelines and AUS. Strong attention to detail is critical to success in the role. Excellent written and verbal communication skills. Candidate will be highly positive, proactive, self-motivated and possess the ability to effectively manage their time with competing task. Candidate must be able to work from our Chelmsford, MA location. What We Offer: Competitive salary and benefits package Opportunities for professional development and career growth Hybrid Schedule (min 3 days in office to maximize collaboration) A collaborative and inclusive work environment Paid Time Off, Wellness Time & Paid Federal holidays 401K with 6% match High Performance Culture Become a part of a team where your ideas are valued, your growth is supported, and your work makes a difference. Apply today and take the next step in your career with USALLIANCE. EQUAL OPPORTUNITY EMPLOYER USALLIANCE Federal Credit Union, as an Equal Opportunity Employer, values and supports the diverse cultures, perspectives, skills, and experiences within our workforce. This is for informational purposes only and should not be construed as a complete listing of the job responsibilities and requirements. This may be modified at any time, for any reason, at the sole discretion of management. At this time, USAlliance Federal Credit Union will not sponsor a new applicant for employment authorization or offer any immigration related support for this position (i.e., H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, or another type of work authorization). If you need sponsorship now or in the future, look for this statement in the before you apply: “USAlliance Federal Credit Union will consider sponsoring a new, qualified applicant for employment authorization for this position”. If this is not listed in the job description, USAlliance Federal Credit Union will not provide sponsorship for the candidate to work in the United States. In the spirit of pay transparency, we are excited to share the base hourly range for this position is $23.43 - $28.70 , exclusive of fringe benefits or potential incentives. This position is also eligible for an annual corporate bonus. If you are hired at USALLIANCE Federal Credit Union, your final base salary compensation will be determined based on factors such as skills, education, and/or experience. In addition to those factors, we believe in the importance of pay equity and consider the internal equity of our current team members as a part is any final offer. Please keep in mind that the range mentioned above is the full base salary for the role. Hiring at the maximum of the range would not be typical to allow for future and continued salary growth. We also offer a generous compensation and benefits package. All positions must adhere to standard BSA/AML policies, procedures, and processes. Employees must demonstrate awareness of business functions and how business decisions affect financial and/or non-financial work results.
$23.4-28.7 hourly 11d ago
Loan Officers (NMLS LICENSE REQUIRED)
Pinnacle Mortgage Corp 4.4
Loan Processor Job 41 miles from Millbury
ABOUT US: Pinnacle Mortgage Corp. delivers top-tier financial services with competitive rates. Our mortgage professionals prioritize personalized attention, ensuring tailored financial solutions for purchasing a home, refinancing, or consolidating debt. Unlike larger nationwide mortgage firms, we prioritize the security and confidentiality of your information. Our trusted reputation in the community reflects our dedication to maintaining client trust and confidentiality. We are currently licensed in: AL, CT, FL, GA, IL, IN, MA, ME, MI, LA, NC, NH, NJ, OH, OK, PA, RI, SC, TX, VT. POSITION PROILE: Pinnacle Mortgage Corp. is seeking an experienced Loan Officers to work in its' licensed states servicing its growing loan portfolio. As a Loan Officer at Pinnacle Mortgage Corp, you will play a crucial role in helping clients achieve their homeownership and financial goals. Our team is committed to delivering the highest quality financial services while maintaining the utmost privacy and security of our clients' information. You will work closely with clients to understand their unique financing needs and provide tailored solutions. Whether clients are purchasing their dream home, refinancing an existing loan, or consolidating debt, you will leverage your expertise to find the right loan program at the lowest rates available in their area. RESPONSIBILITIES: Engage with clients to understand their financial objectives and guide them through the mortgage application process with attention to detail. Assess client financial profiles, including income, credit history, and debt obligations, to determine eligibility and recommend suitable loan options. Educate clients on various loan programs, terms, and rates available, ensuring they make informed decisions aligned with their long-term financial interests. Collaborate with internal teams, to expedite loan processing and ensure timely closings. Maintain confidentiality and security of client information at all times, adhering to strict privacy policies and regulatory requirements. Cultivate lasting relationships with clients by delivering exceptional service and providing ongoing support throughout the loan lifecycle. Stay abreast of industry trends, market conditions, and regulatory changes to provide accurate and up-to-date guidance to clients. Participate in business development initiatives, networking events, and community endeavors to enhance visibility and generate new business prospects. WHAT YOU NEED TO BE SUCCESSFUL: Bachelor's degree in finance, Business Administration, or related field preferred. Proven experience as a Loan Originator or Mortgage Loan Officer, with a track record of successfully closing loans. Strong understanding of mortgage lending practices, regulations, and compliance requirements. Excellent communication and interpersonal skills, with a client-centric approach to service delivery. Detail-oriented with strong analytical and problem-solving abilities. Ability to work independently and collaboratively in a fast-paced environment. Familiarity with mortgage origination software and tools preferred. NMLS licensing as required. WHY PINNICAL MORTGAGE CORP: Because we believe in valuing and investing in our team members. Pinnacle Mortgage Corp. provides outstanding compensation and benefits package. By offering perks such as a company matching 401K plan, continuous paid training opportunities, and robust healthcare coverage, including Medical, Dental & Vision, we aim to support our employees' financial security, professional growth, and overall quality of life. Pinnacle Mortgage provides equal employment opportunities and non-discrimination for all employees and qualified applicants without regard to a person's race, color, gender, age, religion, national origin, ancestry, disability, veteran status, genetic information, sexual orientation, or any characteristic protected under applicable law.
$43k-59k yearly est. 60d+ ago
Cadillac Loan Processor
Murgado Automotive Group 4.0
Loan Processor Job 39 miles from Millbury
Automotive Loan Processor / Automotive Finance Assistant: Organizes, gathers and processes customer documentation for sales. ESSENTIAL DUTIESEssential Duties include the following. Other duties may be assigned.Receives cash, checks and credit card payments from customers; records amount received. Makes change and issues receipts to customers. Files within appropriate file system all dealership forms, records, reports, correspondence, or other important material. Establishes and maintains good working relationships with several finance sources, including the manufacturer. Processes finance and lease deals accurately and fairly through financial sources to secure approval. Provides refunds or credit memorandums to customers for returned merchandise or as directed by managers. Works with department managers to keep abreast of new products and services offered, their features and value, and any changes in price. Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner. Checks all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting. Acquires and maintains current state insurance license, completing continuing credit insurance education as needed. Answers customer questions about service performed or products purchased, or refers them to someone who can. Processes all federal, state, and dealer paperwork related to vehicle transaction. Verify customer insurance requirements. Ensures collection of all finance and insurance fees. Processes all credit applications. Maintains an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals Conducts business in an ethical and professional manner. Provides clerical and secretarial assistance to departments as needed. Maintains a professional appearance. Keeps work area neat and clean. Performs other duties as assigned.$17 - $19 an hour Murgado Automotive Group is an equal opportunity employer. Murgado Automotive Group does not discriminate in employment on account of race/ethnicity, color, religion, national origin, gender, sexual orientation/transgender status, age disability, martial/parental status, citizenship status, military status, political affiliation and/or beliefs, pregnancy, order of protection status or other non-merit status. We are an employer who participates in the E-verify program with the Department of Homeland and Security.
$17-19 hourly 14d ago
Temporary - Mortgage Processor
Sharon & Crescent United Credit Union
Loan Processor Job 39 miles from Millbury
Temporary Description Processor: Under General supervision, responsible for processing of mortgage and home equity loan applications. Establishes loan files and orders appropriate documentation. Is accountable for completeness and accuracy of documents. Prepares the file for review prior to submission for underwriting, verifies that all requested documentation is received, and accurate and sufficient information received in order to make a tentative decision on the request. Responsibilities and Duties Include: Reviews mortgage loan files received via mail, internet or from Originators/Branch staff for further processing. Obtains credit report for initial analysis of the request. Look up deeds and assessed value information and upload to files. Responsible for initial review of online applications. Contact applicant for additional required information to proceed with application. Comprehensive understanding of Products and guidelines when reviewing new applications. Using original documents, inputs all data pertinent to the new file into the computer terminal. Responsible for ensuring that all loan documentation is complete, accurate, verified, and complies with credit union policies. Contacts borrowers for required fees and processes withdrawals from member accounts as specified. Responsible for the completion of all Disclosures and Regulatory documents. Processes the request by ordering credit reports, appraisals, flood determinations, employment, and liabilities and so forth. Prepares letters or emails requesting additional information if needed. Calculates estimated mortgage insurance premiums if applicable. Calculates income, property taxes and insurance. Checks the loan files when documents are returned to determine accuracy and if additional borrower information is needed as determined by secondary market guidelines. Updates the information on the file in the computer as changes are received. Contacts borrowers and others to obtain the necessary information. Maintains a number of activity logs to generate weekly or monthly reports. Maintains the HMDA documentation for reporting and updates accordingly. Assists in the updating of weekly mortgage rates on system for APR's, payment per thousand, etc. and updates applicable departments. Updates ARM indexes and product description forms. Compiles information for the rate sheet, weekly surveys, and distributes accordingly. If applicable, mails monthly, or when change warrants, lending rates to appropriate parties. When requested, assists in assembling loan files for packaging to private mortgage insurance companies and investors. Obtains various insurance commitments and verifies the accuracy of the information. When requested, updates the files after analysis from the Underwriter. Verifies that the figures on the analysis sheet corresponds to the figures on the final application. Assists with reviewing of the commitment letter for accuracy, consistency, and typos, and calculates the Annual Percentage Rates. When requested, assists with completion of denial letters, maintains the files based on retention schedules. Preforms additional duties as requested. Requirements Qualifications: A minimum of two (2) years experience in processing all types of mortgage 1st and 2nd lien products. Knowledgeable in secondary market documentation, MGL and regulations. Knowledge of TRID, RESPA, HMDA, Regulation B and Z requirements desired. Excellent organizational skills. Proficient Computer skills, including Word and Excel. Proficient clerical and typing skills and a broad knowledge of lending departmental operations and procedures. Good interpersonal skills necessary to gather data from a number of sources and to positively represent the Credit Union during such contacts. Salary Description $22 - $30
$39k-51k yearly est. 3d ago
Loan Review Officer
Masonwest
Loan Processor Job 30 miles from Millbury
MasonWest LLC was founded in 2012 with our core industry focus being Banking, Financial Services, Insurance, Accounting, Finance & Legal . As a leader in the executive search industry, we take pride in our partnerships and strive in delivering the recruiting and human capital expertise you deserve. Our depth of experience and dedication to the process of executive search combined with delivering unparalleled results for our clients and candidates is the formula to a winning long term solution. Our focus is on attracting the right talent to help our client's business succeed while delivering searches on a national basis. Job Description MasonWest is currently searching for an experienced Loan Review Officer for one of our banking clients near Waltham, MA. Job Desrciption: The loan review function at our banking client oversees and conducts the independent loan review process across the company, which is designed to: Promptly identify loans having potential credit weaknesses so that timely corrective action can be taken to minimize losses. Assess relevant trends that may affect collectability. Provide information to assess the adequacy of the Allowance For Loan & Lease Losses (ALLL). Assess the adequacy of and adherence to internal loan policies. Evaluate the activities of lending personnel especially as it relates to thorough and complete underwriting, early detection of problem loans, and knowledge of his or her loan portfolio. Provide management and the board of directors with objective, accurate, and timely information of the quality of the portfolio. Essential Duties: 1. Under the direction of the Director of Credit Review conduct independent credit reviews of loans and portfolios in accordance with the annual plan. 2. Ensure that loan reviews done on individual loans analyze credit quality; sufficiency of credit and collateral documentation; proper lien perfection; proper approval by the loan officer and loan committees; adherence to any loan agreement covenants; and compliance with internal policies and procedures and laws and regulations; and the appropriateness and timeliness of identification of problem loans by loan officers. 3. Prepare information reports to assist senior management in risk related matters as needed. 4. Participate in risk discussions throughout the banks such that current review work is part of the banks' dialogue on risk appetite. 5. Perform other duties as requested or directed. Qualifications: Formal credit training or equivalent experience is preferred. At least 5 years of credit review and / or related credit work at similar sized and/or larger institutions. Awareness of sound lending practices and basic regulatory requirements covering extension of credit and managing credit risk. Curiosity and analytic sensibility. Excellent written and oral communication skills. Proficiency in Microsoft Word, Excel and PowerPoint. Diplomacy and tact. Position will require frequent traveling Bachelor's degree in relevant field. Additional Information All your information will be kept confidential according to EEO guidelines.
$44k-67k yearly est. 26d ago
Residential Loan Officer
East Cambridge Savings Bank 4.0
Loan Processor Job 37 miles from Millbury
East Cambridge Savings Bank's Lending Division is actively recruiting for Residential Loan Officers Function : Under the general direction of the Secondary Market Lending Sales Manager, solicits and develops new sources of business and loan opportunities and originates residential loan products in accordance with established Bank policies and procedures. We are looking for candidates with: Proven loan origination sales experience at local bank or mortgage lender 2 or more years of mortgage origination experience preferred Familiarity with Middlesex County preferred Knowledge and understanding of secondary market underwriting guidelines Well developed interpersonal, communication and customer service skills Ability to travel freely and work without direct supervision Able to register as a licensed Mortgage Loan Originator as required under the S.A.F.E. Act Essential Job Functions: Responsible for selling and originating high quality mortgage loans to meet established production goals. Develops relationships with attorneys, local housing agencies, developers and real estate brokers to generate new mortgage business. Solicits customers generated through various channels, including but not limited to external contacts, First Time Home Buyer seminars, telephone or electronic e-mail leads, the Bank's website, etc. Analyzes each applicant's data, working with the borrower to prepare a complete application. Initiates processing and conducts preliminary underwriting. Determines and recommends appropriate loan products to meet the needs of the customer. Approves consumer loans up to established limits. Manages the customer experience. Serves as the liaison between all parties i.e. Brokers, borrowers, and the Bank during the application process for mortgage loans. Prior to closings, acts as liaison with attorneys to ensure documentation is accurate and consistent. Responds to customer questions and inquiries. Establishes and maintains effective working relationships with Banking Center personnel, providing guidance as needed. Maintains a general understanding of all products and services offered to effectively present these products and services to customers. Represents the Bank by participating in various networking, community and industry related activities which includes but is not limited to speaking at Mortgage Seminars, representing the Bank at Mortgage Trade Fairs, acting as a Mortgage Consultant at banking centers, etc. Promotes Bank services and products to potential customers when possible. Keeps abreast of residential and consumer loan products and the applicable State and Federal regulations and compliance issues. Complies fully with all federal, state and local laws and regulations, policies and procedures, including but not limited to the S.A.F.E. Act and its registration, renewal and updating standards. Analyzes each applicant's loan and deposit relationship with the Bank, reviewing how various Bank products may address an applicant's banking needs and ensuring that any appropriate cross sale opportunities have been undertaken. Assists with special assignments/projects, and in the development of new products and services to remain competitive. Contact our Human Resources Division or visit ******************** for more details and to apply. Or submit your resume to: Email: **************** Fax: ************ Phone: ************ East Cambridge Savings Bank, Attn: Human Resources 344 Cambridge Street Cambridge, MA 02141 East Cambridge Savings Bank is an Equal Opportunity Employer/Veterans/Disabled
$41k-64k yearly est. Easy Apply 4d ago
Loan Officer Outside Sales
Primary Residential Careers 4.7
Loan Processor Job 33 miles from Millbury
- Responsibilities/Duties/Functions/Tasks The main function of this position is to proactively solicit new residential mortgage clients, while developing and cultivating a strong business network of referrals. It is the responsibility of a Loan Officer to analyze a borrower's financial and credit data to determine creditworthiness and the probability of financial security in repayment efforts. Originates their own sales by contacting prospective clients, Develops and maintains referral sources, Spends at least one or two hours a day, two or more times a week outside of the office (including a home office), originating loans, Meets with prospective clients at locations other than PRMI's offices, e.g., client's home or other locations, Meets with clients in person to sell mortgage loan products/packages, Contact with clients by telephone, mail, and e-mail is adjunct to in-person contacts, Obtains credit information and necessary documentation for application process, In-person calls outside of the office on real estate agents and brokers, financial advisors, and other potential referral sources to develop borrower leads, Engages in marketing and promotional activities in support of their own sales, Develops new and continued business opportunities and sales leads by cultivating relationships with realtors, builders, bankers, etc. Develops solid PRMI product knowledge and offers clients the best mortgage products to match client needs Reviews application information, requesting specific supporting documentation as needed/required based on loan investor guidelines Analyzes and exercises independent judgment and discretion in advancing PRMI's business objectives and the interests of PRMI's customers regarding significant financial decisions Carries out major assignments affecting business operations of the employer or the employer's customers through: collecting and analyzing information regarding the customer's income, assets, investments, or debts analyzing applicant data, credit and collateral property value determining which financial products best meet the customer's needs and financial circumstances providing advice to the customer regarding the advantages and disadvantages of available financial products marketing, servicing, or promoting the employer's financial products Completes necessary continuing education in a timely manner and remains current on local developments and trends within the real estate and mortgage industries Provides origination services in the state of licensure Creates and maintains excellent business relationships with referral client base, creating new mortgage lending opportunities Corresponds, communicates, and coordinates with clients, in-house support staff, and external service providers to facilitate timely closings Qualifications Sales experience in the mortgage industry is preferred Familiarity with mortgage processes, procedures, rules, regulations, and compliance Exceptional customer service skills with a strong attention to detail Excellent written and verbal communication skills Strong computer skills to include a working knowledge of MS Office Ability to comprehend and analyze financial information Ability to effectively communicate and present complex financial information while fielding and responding to questions from applicants, support staff, and management Established contact and referral list within the real estate and mortgage industries preferred Ability to pass a required background check Company Conformance Statement In the performance of assigned tasks and duties all employees are expected to conform to the following: Review and adhere to policies and guidelines contained within the Employee Handbook, including privacy and information security guidelines. Act within delegated authorities and adheres to applicable policy and procedures associated with such authorities. Contribute to establishing a respectful workplace where diversity is critical to innovation and growth. Ensure every action and decision is aligned with PRMI values. Partner with your management team to understand performance expectations and measurements. Effectively utilize feedback and coaching opportunities while seeking to learn and develop within your role at PRMI. Realize team synergies through networking and partnerships across PRMI. Embrace change; act as advocate and role model, promoting an approach of continuous improvement. Maintain a high standard of customer care while actively listening to customers in an effort to understand their views and needs. Take ownership of problems and issues, taking into consideration the breadth of PRMI competencies in providing solutions. Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations. Work effectively as a team contributor on all assignments. Perform quality work within deadlines. Respect client and employee privacy. Maintain eligibility for FLSA classification as Outside Sales Exempt, and complete the bi-annual certification process Work Requirements Each employee must be able to communicate clearly and effectively, utilize a computer, maintain a work schedule, and effectively perform in an office setting. Employment with PRMI requires compliance with and adherence to all applicable mortgage and fair lending laws and regulations as well as PRMI policies. The ability to work extended hours may be required. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
$34k-56k yearly est. 60d+ ago
Loan Servicing Rep
Jeanne Darc Credit Union 4.0
Loan Processor Job 38 miles from Millbury
Job Details Headquarters - Lowell, MA Full Time $17.54 - $26.31 HourlyDescription Jeanne D'Arc Credit Union offers competitive wages, excellent benefits, a pleasant working environment, and the opportunity for career growth and advancement. We count on our valued workforce to be professional, provide exceptional member service, and help our members make smart financial choices. Come join our team as a Loan Servicing Representative, where under the direction of the Loan Servicing Officer, you will demonstrate a broad knowledge of loan products, collateral types, borrowing entities, and loan servicing activities and is able to perform various duties related to the ongoing servicing and maintenance of all loan products. Quality of the work produced and level of productivity is within the acceptable range for the department and corresponds to the level of experience; adheres to established policies and procedures. Supports the Credit Unions' Core Value and Ultimate Goal and the departments focus on service, quality, efficiency, and teamwork. ESSENTIAL DUTIES AND RESPONSIBILITIES Assist with the timely perfection, renewal, and release of various collateral, including, but not limited to, titled vehicles, UCC-1 financing statements, mortgage security agreements, assignments of lease and rents. Maintain exception reports, VINTEK system, and Miser system for monitoring, record-keeping, and audit purposes. Prepare discharges of real estate collateral on all real estate loans that have been paid in full so that our security interest in the property is released. Prepare subordination documentation in order to maintain our lien position in pledged collateral. Process payments of flood insurance, vehicle insurance, real estate property insurance, and private mortgage insurance; work with third-party vendors to coordinate renewal, cancellation, and force placement of insurance; maintain flood insurance records to ensure compliance with the requirements of the Flood Disaster Protect in Act. Perform new indirect auto loan activities, including set up of new accounts on the miser system, review of required documentation for completeness, reconcile and process new loan funds, and submit dealer invoices for early payoff rebates. Set up and maintain Miser loan data information in accordance with appropriate new loan modification, loan workout, renewal, or charge-off documentation; prepare necessary modification documentation in accordance with approved modification requirements. Perform the review of new loans to ensure appropriate documentation has been obtained and that the loan has been correctly set up on the Miser system. Prepare files, screenprints, and preliminary checklists and assist with resolving exceptions. Review internal file maintenance journals and various exception reports to ensure the appropriateness of transactions, that the corresponding supporting documentation has been obtained, and to identify and correct exceptions for data integrity purposes. Coordinate payoff quotes at the request of members, attorneys, and other financial institutions; reconcile and process payoff funds upon receipt to ensure appropriate closure of the account. Process a variety of loans transactions including payments, payoffs, advances, charge-offs, adjustments, corrections. Respond to internal and external loan-related member questions & research. Participate in department projects and in the development of department procedures. Performs all other duties as assigned. Qualifications Experience: One year of related experience is required. Education: High school diploma or equivalent required or an equivalent combination of education and experience. Interpersonal Skills: Position requires personal contact with others inside and outside the Credit Union, thus requiring a high degree of confidentiality, discretion, diplomacy, and tact in communication. Builds relationships and fosters positive interactions with Credit Union team members, members, and vendors by demonstrating friendly, helpful, and efficient service. Good written and verbal communication skills are required, including communicating clearly and concisely. Patience, active listening, and sound judgment are required. Must have the ability to understand and communicate products, services, and regulations.
$35k-58k yearly est. 21d ago
Home Equity Loan Originators
Working at Citizens
Loan Processor Job 28 miles from Millbury
This inside sales position will be responsible for generating sales for home equity lines of credit through leads and applications obtained through, but not limited to, the retail branch network, internal phone and web referrals and other internal direct to customer campaigns. Primary responsibilities include Through timely and responsive customer contact; needs based selling techniques; and by adhering to all applicable quality and service guidelines, meet production and customer satisfaction targets. Ensure follow up and follow through with both Internal and External customers is occurring with a sense of urgency. Meet and exceed established department service level agreements. Qualifications, Education, Certifications and/or Other Professional Credentials BA /BS degree or equivalent experience 4 years of sales experience in financial services 3 years of current Mortgage and Home Equity experience Ability to work independently and successfully in a team environment Experience working in a call center environment Superior organization and time management skills Demonstrated ability to handle multiple tasks efficiently in fast environment Effective written and verbal communication skills essential Capable of delivering results within specified timeframe Proficient PC skills, including MS Office experience Hours & Work Schedule Hours & Work Schedule Hours per Week: 40 Work Schedule: M-F 8-5
$39k-56k yearly est. 14d ago
Loan Coordinator/FT Onsite/Nashua
Triangle Credit Union 3.8
Loan Processor Job 41 miles from Millbury
Role:The Loan Coordinator is to provide servicing for consumer loans to members and internal colleagues; audit consumer loans, prepare title documentation, and ensure accurate records are kept. Essential Functions & Responsibilities:- Audits consumer loan files within the required time frame with minimal errors; informs management of any auditing concerns, including; possible loan fraud. Process paid loans. Ensure all loans comply with established TCU policies and procedures. - Prepares title applications, submits to state and follows up on all outstanding titles. - Ensure all titles and UCC's are recorded in a timely manner and to inform your manager, of any issues. - All department logs (audit, title UCC, new loans) and weekly/monthly reports to be completed accurately and in a timely manner. - Provide accurate and professional service to new and existing members both internal and external. Assist members in a timely fashion. Responds to members phone calls and e-mails, as well as other correspondence in within one (1) day. Maintain absolute confidentiality in regard to internal and external members information while adhering to TCU's Service Strategies Standards. - Maintains, organizes, and secures the file room; and perform other related duties, as assigned. Knowledge and Skills:Experience* (1) one year to (3) three years of similar or related experience. EducationA high school education or GED. Interpersonal SkillsWork normally involves contacts with persons beyond immediate associates generally regarding routine matters for purposes of giving or obtaining information which may require some discussion. Outside contacts, take the form of services to the public (members or vendors) requiring ordinary courtesy in providing assistance and information. Other Skills* Must have good communication and organization skills* 10-key calculator, typewriter, and keyboard skills. Physical Requirements* Ability to sit for extended periods of time* Ability to reach, twist and squat Work EnvironmentProfessional Office Environment/Fast Paced/Member Service Remote hybrid possible Triangle Credit Union is proud to be an Affirmative Action/Equal Opportunity Employer. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited to use the online application process, you may contact the Human Resources Department at ************ for other options to apply. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
$41k-47k yearly est. 13d ago
Mortgage Closing Specialist
Polish National Credit Union 3.5
Loan Processor Job 41 miles from Millbury
Polish National Credit Union stands strong as a full-service, member-owned credit union, offering a complete line of personal and business banking products and services. Since our inception in 1921, Polish National has grown to meet the needs of our communities. We proudly support the community through non-profit and educational initiatives. An important aspect of all positions at the credit union is to fulfill our mission: “To Grow Lasting Relationships to Improve People's Lives.” We are seeking a self-motivated, energetic individual to join our Lending team at our Main Office in Chicopee, MA. The ideal candidate will possess three to five years of mortgage closing experience in a credit union or similar financial institution and be eager to make an impact with a strong, professional work ethic. Essential Duties and Responsibilities: Performs a variety of duties pertaining to the closing of residential mortgage loans, including ensuring files are cleared to close, scheduling timely mortgage closings, loan funding, and post-closing functions. Prudently adheres to Polish National Credit Union's lending policies and procedures as well as all applicable regulatory requirements. Ensures all underwriting conditions on mortgage files have been satisfied and the file is cleared to close. Verifies all required information, forms, and documentation is collected and complete, including but not limited to file contacts. Promptly schedules loan closings with mutually convenient closing dates to facilitate an efficient, streamlined process for our borrowers and closing partners. Daily interaction with settlement agents, paralegals, and borrowers; provides timely responses to resolve any problems or questions pertaining to scheduling and loan funding. Works with borrowers and insurance companies to obtain satisfactory insurance binders Prior to closing, identifies potential issues and works to resolve issues promptly. Prepare accurate and compliant closing documents, including closing disclosures that comply with all TRID regulations. Contact borrowers to notify them their closing disclosure has been sent and must be signed within the specified time for the closing to occur. Reviews compliance reports (Mavent) and resolves issues as necessary. Maintains and updates the department's closing calendar to ensure it is up to date. Contacts settlement agents if documents are missing or incorrect; follows up with weekly emails or calls to ensure issues are resolved. Schedules equity closings with member and branch staff and prepares closing documents. Serves as backup for post-closing; ensures complete closing packages are received promptly; reviews all packages to ensure the required closing documents have been returned and are correct and signed, notarized, etc. Scans and uploads all closing packages into the Credit Union's loan origination system and ensures the individual documents are correctly distributed in the electronic file. Provides support to and assists loan servicing with all lending audits and exams Responsible for completing all required compliance training, as well as ongoing training as assigned. Benefits: Polish National Credit Union offers an attractive compensation and benefits package, including health, dental, vision, flexible spending accounts, 401(k) with employer match, tuition assistance, and a student loan repayment program. Equal Opportunity Employer Our Credit Union is an equal opportunity employer. All applicants will be considered regardless of race, color, creed, religion, sex, sexual orientation, national origin, age, marital or veteran status, medical condition, disability, genetic information, or any other legally protected status. Equal access to the hiring process, services, and employment is available to all persons. Requirements Qualifications: Minimum of three years mortgage closing or related experience in a credit union or similar financial institution Knowledge of lending compliance regulations (Reg. Z, RESPA, Truth in Lending, Reg. B, HMDA, etc.) NMLS/SAFE ACT compliant Experience with Encompass is preferred Superior attention to detail Possess solid organizational and time management skills and problem-solving skills Self-starter, self-reliant, dependable, ability to work within and meet specific time constraints Team player with a positive attitude Proficient in MS Office and Outlook Results-oriented and able to prioritize multiple tasks Excellent written and verbal communication skills
$44k-52k yearly est. 15d ago
Consumer Loan Representative
Quincy Credit Union
Loan Processor Job 39 miles from Millbury
Full-time Description We are seeking a dedicated and detail-oriented Consumer Loan Support Specialist to join our team. In this role, you will perform a variety of support duties related to the processing of consumer loan applications and the delivery of lending products and services to our members. You will need to have a thorough understanding of the credit union's Consumer Lending Policies and Procedures, as well as a strong grasp of all banking systems and software applications relevant to the position. Essential Functions & Responsibilities: Resolve issues with titles using various methods until the issues are completely corrected. Work on consumer loans as assigned by loan officers. Perform loan servicing duties including processing all consumer loans, E Oscar, reporting, and maintenance in Velocity. Execute administrative duties with high accuracy. Handle projects and special assignments within the consumer lending department. These projects can range from short-term (one day) to long-term (several months). Order and coordinate reviews of required due diligence items such as credit reports, OFAC checks, appraisals, environmental reports, flood certificates, insurance certificates and/or binders, UCC filings, etc. Serve as a secondary relationship contact for customers within the Member Business-Commercial portfolios. Respond to telephone inquiries and assist customers with problem resolution, walk-in coverage, and general questions regarding commercial loan products and services, including loan advances. Assist the residential loan servicing team as needed. Benefits: At Quincy Credit Union, we believe that our employees are our most valuable asset. That's why we're committed to providing a comprehensive benefits package designed to support your health, well-being, and future financial security. Here's a summary of the benefits you can expect as part of our team: Health Insurance: We offer competitive health insurance plans, including medical, dental, and vision coverage, to help you and your family stay healthy and happy. 401(k) Retirement Plan: Take advantage of our generous 401(k) retirement plan with a company contribution of 10%. Start building your nest egg for the future with confidence. Paid Time Off (PTO): We understand the importance of work-life balance. That's why we provide generous paid time off, including vacation days, holidays, and sick leave. Employee Assistance Program (EAP): Access confidential counseling, financial assistance, and other support services through our Employee Assistance Program, because your well-being matters to us. Professional Development: We invest in your growth and development with opportunities for training, workshops, and tuition reimbursement to help you reach your career goals. Wellness Programs: Stay healthy and active with our wellness programs, including fitness classes, wellness challenges, and access to resources for maintaining a healthy lifestyle. Life and Disability Insurance: Gain peace of mind with life insurance coverage and disability insurance options to protect you and your loved ones in unexpected circumstances. Employee Recognition: We believe in recognizing and celebrating your contributions. From peer-to-peer awards to milestone celebrations, we value your hard work and dedication. Requirements Thorough understanding of Consumer Lending Policies and Procedures. Proficiency in banking systems and relevant software applications. Strong problem-solving skills and the ability to resolve issues with titles. Attention to detail and high accuracy in performing loan servicing duties. Excellent customer service skills and the ability to handle telephone inquiries and assist customers with problem resolution. Ability to handle multiple projects and special assignments efficiently.
$32k-41k yearly est. 14d ago
Senior Commercial Loan Servicing Representative
Mutualone Bank 4.1
Loan Processor Job 22 miles from Millbury
Title: Senior Commercial Loan Servicing Representative Department: Loan Servicing Reports to: Loan Servicing Officer Supervises: None Classification: Non-exempt Date Prepared: November 22, 2024 Summary / Objective The Senior Commercial Loan Servicing Representative responsibilities include performing a variety of loan servicing and processing activities in conformance with established bank policies, procedures and objectives. Performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and co-workers. Experience & Education Requirements: Bachelor's degree or equivalent lending experience Background in financial institution's real estate, commercial and/or consumer lending procedures Excellent understanding of lending procedures, Federal and State lending regulations Proven customer service skills Essential Job Functions: Responsible for booking and/or modifying commercial loans. This entails the ability to read and interpret promissory notes and modifications agreements to establish the proper schedules and data in the system that will reflect the contract with the member. Must be able to use sound judgment when selecting codes such as property type, account type, flags, etc. as each of these is critical to the system and reporting Perform a post-closing review of all new loans and amendments for compliance and accuracy, while working closely with the closing attorneys and relationship managers to ensure that all changes are completed and loans are closed in compliance with the approval. Review legal documents for accuracy and completeness. Ensure collateral recording information is secure and maintained in the core banking system Maintain and manage the collateral document tracking Monitor, maintain and update rate and payment change records as required. Send adjustment notices to customers and respond to any customer inquiries or concerns. May manually calculate daily interest rate and per diem rate for customer/lender/attorney. Establish and maintain organized commercial loan files Review various reports to clear system errors and update loans as needed Research and resolve servicing issues in support of loan officers and customers within the scope of authority and expertise. Perform complex transactions, and loan payments, including but not limited to recalculating principal, interest and other payment information for accounts and performing escrow as necessary. Process commercial mortgage, commercial loan, and construction loan payoff requests from internal and external customers Prepare paid off documentation for the customer and/or attorney, releasing collateral liens Review various daily monitoring reports to ensure payments were processed correctly. Adhere to timelines and deadlines established based on client needs and department workflow. Perform other job-related duties as assigned by Managers(s). Qualifications Required knowledge, skills & abilities: Excellent knowledge of banking regulations and policies and procedures Knowledge of loan processing practices, methods and procedures Knowledge of Commercial, Real Estate and Consumer loan files and documents Excellent interpersonal, communication & computer skills Ability to apply critical thinking and problem solving skills Ability to provide courteous, knowledgeable and professional customer service on the phone Ability to assume responsibility, display initiative, exercise good judgment and make and act upon decisions with minimal supervision. Ability to perform accurate data input into a variety of software; COCC, DNA preferred, yet not required Successful completion of in-house training programs or other approved training programs Compliance with BSA regulations as appropriate to the position Physical Demands and Work Environment: Ability to use standard equipment such as computers, phones, photocopiers Requires manual dexterity and sitting and standing for longer periods of time Must be able to work schedules that meet the needs of the Bank, which may include early morning, evening and /or weekend hours Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
$66k-136k yearly est. 60d+ ago
Mortgage Processor
Usalliance Financial 4.0
Loan Processor Job 35 miles from Millbury
About Us: At USALLIANCE, we pride ourselves on innovation, teamwork, training and development and career planning. As part of our team, you will have the opportunity to grow both personally and professionally in an inclusive and supportive environment. Represent USALLIANCE in the community and form lasting relationships with our members and partners. About This Role: Responsible for the timely processing of all mortgage loan applications received by Credit Union through multiple lending channels in compliance with Federal, State and Local Regulatory Requirements, within established timelines to meet loan closing deadlines. Key Responsibilities: Provide strong verbal and written communication to members, mortgage brokers, and internal stakeholders during the application process. Effectively manage pipeline, prioritizing loan files to meet loan-level timelines including commitments, mortgage contingency dates, close dates, and rate locks. Generate Loan Estimates on a timely basis to meet Regulatory requirements including 3-day disclosure requirement. Accurately Calculate Fannie Mae Loan Level Price Adjustments (LLPA). Order services through 3rd parties including credit reports, flood certs, appraisals and settlement and title services. Assist with incoming calls to Real Estate Lending phone queue. Collect and review all loan documents to satisfy loan conditions, prepare loan files for underwriting, ensuring documentation is in order, accurate and complete prior to advancing to Underwriter for review. Note: Reviewing loan file requires working knowledge and understanding of loan applications, credit report, asset statements (including sourcing large deposits and EMD's), income docs (including paystubs, W- 2's, tax returns), appraisals, title work, etc...and the ability to identify possible deficiencies in file, including possible fraud/risk and ask appropriate questions, obtain clarifications and/or updated docs as needed. Perform File Maintenance, Compliance and QC tasks including but not limited to: Issuing 21-day letters, ensuring accuracy and completeness of HMDA data, performing Pre-Closing QC. Who You Are: Minimum 1-3 years current Conventional Mortgage Loan Processing experience. Processing loans through Encompass LOS experience preferred. Ability to multi-task and process high loan volume in fast-paced system & technology based. environment; encouraging and cultivating continuous process improvement. In-depth understanding of current Regulatory Requirements relative to TRID, as well as other State and Federal Regulatory requirements. Experience generating and reviewing Loan Estimates (LE's). Working knowledge and understanding of Fannie Mae Guidelines and AUS. Strong attention to detail is critical to success in the role. Excellent written and verbal communication skills. Candidate will be highly positive, proactive, self-motivated and possess the ability to effectively manage their time with competing task. Can
$38k-45k yearly est. 19d ago
Residential Loan Officer
East Cambridge Savings Bank 4.0
Loan Processor Job 37 miles from Millbury
East Cambridge Savings Bank's Lending Division is actively recruiting for Residential Loan Officers Function: Under the general direction of the Secondary Market Lending Sales Manager, solicits and develops new sources of business and loan opportunities and originates residential loan products in accordance with established Bank policies and procedures. We are looking for candidates with: Proven loan origination sales experience at local bank or mortgage lender 2 or more years of mortgage origination experience preferred Familiarity with Middlesex County preferred Knowledge and understanding of secondary market underwriting guidelines Well developed interpersonal, communication and customer service skills Ability to travel freely and work without direct supervision Able to register as a licensed Mortgage Loan Originator as required under the S.A.F.E. Act Essential Job Functions: Responsible for selling and originating high quality mortgage loans to meet established production goals. Develops relationships with attorneys, local housing agencies, developers and real estate brokers to generate new mortgage business. Solicits customers generated through various channels, including but not limited to external contacts, First Time Home Buyer seminars, telephone or electronic e-mail leads, the Bank's website, etc. Analyzes each applicant's data, working with the borrower to prepare a complete application. Initiates processing and conducts preliminary underwriting. Determines and recommends appropriate loan products to meet the needs of the customer. Approves consumer loans up to established limits. Manages the customer experience. Serves as the liaison between all parties i.e. Brokers, borrowers, and the Bank during the application process for mortgage loans. Prior to closings, acts as liaison with attorneys to ensure documentation is accurate and consistent. Responds to customer questions and inquiries. Establishes and maintains effective working relationships with Banking Center personnel, providing guidance as needed. Maintains a general understanding of all products and services offered to effectively present these products and services to customers. Represents the Bank by participating in various networking, community and industry related activities which includes but is not limited to speaking at Mortgage Seminars, representing the Bank at Mortgage Trade Fairs, acting as a Mortgage Consultant at banking centers, etc. Promotes Bank services and products to potential customers when possible. Keeps abreast of residential and consumer loan products and the applicable State and Federal regulations and compliance issues. Complies fully with all federal, state and local laws and regulations, policies and procedures, including but not limited to the S.A.F.E. Act and its registration, renewal and updating standards. Analyzes each applicant's loan and deposit relationship with the Bank, reviewing how various Bank products may address an applicant's banking needs and ensuring that any appropriate cross sale opportunities have been undertaken. Assists with special assignments/projects, and in the development of new products and services to remain competitive. Contact our Human Resources Division or visit ******************** for more details and to apply. Or submit your resume to: Email: **************** Fax: ************ Phone: ************ East Cambridge Savings Bank, Attn: Human Resources 344 Cambridge Street Cambridge, MA 02141 East Cambridge Savings Bank is an Equal Opportunity Employer/Veterans/Disabled
$41k-64k yearly est. Easy Apply 60d+ ago
Loan Coordinator/FT Onsite/Nashua
Triangle Credit Union 3.8
Loan Processor Job 41 miles from Millbury
Role: The Loan Coordinator is to provide servicing for consumer loans to members and internal colleagues; audit consumer loans, prepare title documentation, and ensure accurate records are kept. Essential Functions & Responsibilities: - Audits consumer loan files within the required time frame with minimal errors; informs management of any auditing concerns, including; possible loan fraud. Process paid loans. Ensure all loans comply with established TCU policies and procedures. - Prepares title applications, submits to state and follows up on all outstanding titles. - Ensure all titles and UCC's are recorded in a timely manner and to inform your manager, of any issues. - All department logs (audit, title UCC, new loans) and weekly/monthly reports to be completed accurately and in a timely manner. - Provide accurate and professional service to new and existing members both internal and external. Assist members in a timely fashion. Responds to members phone calls and e-mails, as well as other correspondence in within one (1) day. Maintain absolute confidentiality in regard to internal and external members information while adhering to TCU's Service Strategies Standards. - Maintains, organizes, and secures the file room; and perform other related duties, as assigned. Knowledge and Skills: Experience * (1) one year to (3) three years of similar or related experience. Education A high school education or GED. Interpersonal Skills Work normally involves contacts with persons beyond immediate associates generally regarding routine matters for purposes of giving or obtaining information which may require some discussion. Outside contacts, take the form of services to t
$41k-47k yearly est. 17d ago

Learn More About Loan Processor Jobs

How much does a Loan Processor earn in Millbury, MA?

The average loan processor in Millbury, MA earns between $29,000 and $53,000 annually. This compares to the national average loan processor range of $28,000 to $50,000.

Average Loan Processor Salary In Millbury, MA

$40,000

$29,00010%

$40,000Median

$53,00090%

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Loan Processor Jobs in Millbury, MA

Interlibrary Loan Supervisor

Consumer Loan Processor

Senior Loan Servicing Representative

Senior Consumer Loan Processor

Mortgage Processor

Loan Officers (NMLS LICENSE REQUIRED)

Cadillac Loan Processor

Temporary - Mortgage Processor

Loan Review Officer

Residential Loan Officer

Loan Officer Outside Sales

Loan Servicing Rep

Home Equity Loan Originators

Loan Coordinator/FT Onsite/Nashua

Mortgage Closing Specialist

Consumer Loan Representative

Senior Commercial Loan Servicing Representative

Mortgage Processor

Residential Loan Officer

Loan Coordinator/FT Onsite/Nashua

Learn More About Loan Processor Jobs

How much does a Loan Processor earn in Millbury, MA?