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Loan Assistant Jobs in Roxbury, MA (NOW HIRING)

MutualOne Bank

Administrative Assistant

Framingham, MA

$19.50 - $26.50/hr

Commercial Loan Support Reports to: VP, Commercial Loan Manager Supervises: None Classification: Non-Exempt Date Prepared: June 26, 2026 Summary / Objective The Administrative Assistant is ...

Guild Mortgage

Loan Officer Assistant

Danvers, MA · On-site

$36K - $60K/yr

Position Summary The Loan Officer Assistant plays an important role in the organization by performing, under direct supervision, several activities related to assisting originators build complete ...

CrossCountry Mortgage

Loan Processor

Boston, MA · On-site +1

$20.50 - $27.25/hr

Train and assist supervision of new Loan Processors and other processing personnel. * Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from ...

SCU Credit Union

Loan Servicer

Brockton, MA · On-site

$21 - $24.50/hr

Upload them into the Host system and assist with related member account inquiries. 3. Title & Insurance Oversight: Maintain and verify titles on collateralized loans. Communicate with borrowers and ...

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All JobsLoan JobsLoan Assistant JobsLoan Assistant Jobs in Roxbury, MA

Loan Assistant information

See Roxbury, MA salary details

$31.5K

$45.2K

$59.1K

How much do loan assistant jobs pay per year?

As of Aug 11, 2026, the average yearly pay for loan assistant in Roxbury, MA is $45,234.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,700.00 and $50,500.00 per year, depending on experience, location, and employer.

What is the difference between Loan Assistant vs Loan Processor?

AspectLoan AssistantLoan Processor
ResponsibilitiesSupports loan officers, handles administrative tasks, prepares documentsReviews applications, verifies information, approves or denies loans
Required SkillsCustomer service, organization, basic financial knowledgeAttention to detail, analytical skills, knowledge of lending regulations
Work EnvironmentBank or mortgage office, administrative settingLoan department, financial institution, processing center
CertificationsOften no formal certification requiredRelevant financial or lending certifications beneficial

While both roles support the loan process, a Loan Assistant primarily handles administrative tasks and customer support, whereas a Loan Processor actively reviews and verifies loan applications for approval. Understanding these differences helps in choosing the right career path or job search focus within the lending industry.

What is a loan assistant?

Your primary responsibilities as a loan assistant are to manage and update loan applications at a bank or similar lending institution. You process all loan applications, usually with the assistance of specialized software. Your duties include checking all relevant documents, assessing the applicant’s credit, and determining the appropriate loan for the borrower. Essential qualifications include a keen grasp of financial practices, strong communication skills, and customer service experience. To pursue a career as a loan assistant or loan officer, you need a bachelor’s degree in business, economics, or finance.

How does a loan assistant typically collaborate with loan officers and other team members during the loan process?

Loan Assistants work closely with loan officers by preparing documents, gathering client information, and ensuring all paperwork is completed accurately and on time. They frequently communicate with underwriters, appraisers, and clients to resolve issues and keep the process moving smoothly. This collaboration requires strong organizational skills and attention to detail, as well as the ability to multitask and prioritize in a fast-paced environment. Building good working relationships with both internal team members and external partners is key to being successful in this role.

Is loan processing a hard job?

Loan processing is a detail-oriented role that involves reviewing applications, verifying information, and ensuring compliance with lending policies. It requires strong organizational skills, attention to accuracy, and familiarity with loan software, but the difficulty level varies depending on experience and workload.

What are the key skills and qualifications needed to thrive as a loan assistant, and why are they important?

To thrive as a Loan Assistant, you need a solid understanding of financial principles, strong attention to detail, and typically an associate’s degree in finance or a related field. Familiarity with loan processing software, document management systems, and Microsoft Office Suite is commonly required. Excellent organization, customer service orientation, and clear communication skills help you stand out in this role. These abilities are crucial for ensuring accurate loan processing, efficient workflow, and positive client experiences in a fast-paced lending environment.
More about Loan Assistant jobs
What cities near Roxbury, MA are hiring for Loan Assistant jobs? Cities near Roxbury, MA with the most Loan Assistant job openings:
Loan Assistant jobs near you
Infographic showing various Loan Assistant job openings in Roxbury, MA as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 19% Part Time, 1% Temporary, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $45,234 per year, or $21.7 per hour.

Commercial Loan Assistant

MutualOne Bank

Framingham, MA

Full-time

Re-posted 4 days ago

Job description

Position Description

Title: Commercial Loan Assistant

Department: Commercial Loan Support

Reports to: AVP, Commercial Loan Supervisor

Supervises: None

Classification: Non-Exempt

Date Prepared: November 21, 2025

Summary / Objective

The Commercial Loan Assistant will provide administrative and operational support to commercial lenders, borrowers, and credit analysts. The assistant will be responsible for the scheduling and coordination of closings, the preparation of closing documents and conducting all necessary due diligence. This person will performperform administrative functions as requested, will answer customer inquiries, will prepare department reports and will resolve routine to complex problems.

Experience & Education Requirements:

  • Bachelor's degree or equivalent commercial lending experience
  • Background in financial institution's commercial lending procedures
  • Background in understanding legal documentation and loan operations for commercial lending purposes
  • Experience using LaserPro software is preferred

Essential Job Functions:

  • Prepare commitment letters, loan closing documents, and attorney fee sheets, also coordinates loan closings with outside counsel
  • Prepare modification agreements and ensures accuracy of both legal documentation and system of record
  • Conduct all necessary due diligence for commercial loans to include: ordering and reviewing appraisals, environmental reports and corporate searches
  • File uniform commercial code filings ensuring proper lien position
  • Responsible to upload legal and credit file documentation to imaging system, as well as maintenance of accurate bank records
  • Ensure loan and credit files contain documents with proper signature, legal descriptions, closing dates and other relevant data along with compliance with federal and state regulations
  • Responsible for timely follow up on post-closing items
  • Responsible to set up construction loans in system for advance inspection requests and monitoring percentage complete
  • Answer email and telephone requests to assist customers concerning routine and complex loan inquiries and requests
  • Provide administrative assistance to loan officers as needed
  • Responsible to ensure all duties are completed in compliance with federal and state legal/regulatory requirements as well as bank policies and procedures

Physical Demands and Work Environment:

  • Ability to use standard equipment such as computers, phones, photocopiers
  • Requires manual dexterity and sitting 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
  • Occasional local travel for Bank purposes

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Other Duties

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. It is expected that from time-to-time other duties, both related and unrelated to the above, may be assigned and therefore required.

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