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Loan Assistant Jobs in Springfield, MA (NOW HIRING)

Self Help

Mortgage Loan Officer

Manchester, CT · On-site

$63K - $95K/yr

Meet with loan applicants to discuss viable mortgage options, counsel on credit and budget, develop roadmap and process for mortgage approval and assist with the loan application process. Achieve ...

Self Help

Mortgage Loan Officer

Manchester, CT · On-site

$63K - $95K/yr

Meet with loan applicants to discuss viable mortgage options, counsel on credit and budget, develop roadmap and process for mortgage approval and assist with the loan application process. Achieve ...

COCC

Loan Originator

Ludlow, MA · On-site

$60K - $65K/yr

... assist lending team members as needed. What You'll bring... • High school diploma. • Three ... and loan documentation. • Knowledge of consumer and residential lending practices. • ...

Commercial Credit Group

Loan Processor

West Hartford, CT · On-site

$19 - $25.50/hr

Confirms loan application information with customer and vendors. * Prepares and transmits loan ... Willingness to assist other team members when required. * Previous experience with motor vehicle ...

Keybank

Student Loan Consultant

Glastonbury, CT · On-site

$23.08 - $34.62/hr

Application Support: Assist clients in completing loan applications and gathering documentation. * Compliance: Ensure all loan agreements comply with federal and state regulations. * Customer Service:

COCC

Licensed Loan Originator

Ludlow, MA

$60K - $65K/yr

Gather and review loan documentation and supporting information. * Evaluate creditworthiness ... Coordinate with internal departments and assist lending team members as needed. What You'll bring.

COCC

Loan at Chicopee, Massachusetts

Chicopee, MA · On-site

$60K - $65K/yr

Gather and review loan documentation and supporting information. * Evaluate creditworthiness ... Coordinate with internal departments and assist lending team members as needed. What You'll bring.

Dunmor

Loan Originator

Hartford, CT · On-site +1

Our suite of products includes bridge loans, value-add loans, new construction loans, and permanent portfolio loans, offering diverse solutions to borrowers nationwide. As a FinTech commercial lender ...

Way Finders

Loan Officer (Bilingual)

Springfield, MA · On-site

$64K - $75K/yr

Loan Officer (Bilingual) Common Capital, Inc., a Way Finders subsidiary Way Finders/Common Capital is a Top Workplaces for Nonprofit organization, named as an employer of choice because our employees ...

Way Finders

Loan Officer (Bilingual)

Springfield, MA · Hybrid

$64K - $75K/yr

Loan Officer (Bilingual) Common Capital, Inc., a Way Finders subsidiary Way Finders/Common Capital is a Top Workplaces for Nonprofit organization, named as an employer of choice because our employees ...

Total Mortgage Services

Loan Processor

West Hartford, CT · On-site

$19 - $25.50/hr

Loan Processor This position is responsible for processing first mortgages within the required timeframe. This is a hybrid role, candidate must be based in CT! Functions: * Review the loan ...

Farm Credit East

Loan Officer

Enfield, CT · Hybrid

$63K - $85K/yr

The Loan Officer is a customer focused role serving in a relationship management capacity to represent the Association with both existing and prospective borrowers. This person delivers a ...

Farm Credit East

Loan Officer

Enfield, CT · Hybrid

$63K - $85K/yr

The Loan Officer is a customer focused role serving in a relationship management capacity to represent the Association with both existing and prospective borrowers. This person delivers a ...

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Showing results 1-20

All JobsLoan JobsLoan Assistant JobsLoan Assistant Jobs in Springfield, MA

Loan Assistant information

See Springfield, MA salary details

$28.9K

$41.5K

$54.3K

How much do loan assistant jobs pay per year?

As of Sep 1, 2026, the average yearly pay for loan assistant in Springfield, MA is $41,535.00, according to ZipRecruiter salary data. Most workers in this role earn between $37,400.00 and $46,300.00 per year, depending on experience, location, and employer.

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.

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.

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.

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.

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.
More about Loan Assistant jobs

What are the most commonly searched types of Loan jobs in Springfield, MA?

The most popular types of Loan jobs in Springfield, MA are:

What cities near Springfield, MA are hiring for Loan Assistant jobs?

Cities near Springfield, MA with the most Loan Assistant job openings:

Loan Assistant jobs near you
Infographic showing various Loan Assistant job openings in Springfield, MA as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 22% Part Time, 1% Temporary, and 3% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $41,535 per year, or $20 per hour.

Mortgage Loan Officer

Manchester, CT • On-site

Self Help
Individual, Family and Community Social Assistance • 1 - 10 employees
Learn more about Self Helpexternal

$63K - $95K/yr

Full-time

Re-posted 6 days ago

Job description

Job Description:
WHO We Are:
Self-Help started in 1980 with a focus on economic inequality especially in communities that have faced systemic barriers to building wealth. At the core of what Self-Help does is a drive to create and protect ownership and economic opportunity. In other words, we're committed to economic justice! Economic Justice means that all communities have the basic infrastructure they need to thrive, from high-quality schools to grocery stores selling fresh food resources that support opportunity at a neighborhood level regardless of demographics, income, or wealth. Since our founding, we've constantly sought new ways to pursue greater economic justice: from providing fair and affordable loans to working with partners to demand that lawmakers change unjust policies.
We are looking for a Mortgage Loan Officer to join our Manchester, CT team!
Position Summary:
Provide information on credit union products and services to potential borrowers according to all credit union policies and procedures as well as Federal and State rules and regulations. Interviews all applicants for real estate loans. Prepares, analyzes, processes and documents all required forms and related documents for real-estate loans. Approves or denies loan applications based on analysis of each applicants background. Responsible for promoting credit union products and services to ensure meeting productivity goals.
What you'll do:
LOAN MANAGEMENT/BORROWER ADVISEMENT
  • Meet with loan applicants to discuss viable mortgage options, counsel on credit and budget, develop roadmap and process for mortgage approval and assist with the loan application process. Achieve productivity goal as set forth by manager.
  • Prequalify loan applicants by examining all borrower information and documentation, assessing credit-worthiness, adequacy of income, credit and collateral and calculating repayment risk. Determines the maximum purchase price/loan amount based on borrower data. Approve or deny real-estate loan applications that do not meet pre-qualification standards, and explain reasons for denial.

  • Gather and review necessary data to complete the loan review process including credit bureau reports; verifying debts and estimating monthly payments for any outstanding debts not listed on application and ensuring they are added to application.

  • Comply with all federal and state mortgage regulations and disclosure requirements.

  • Prepare mortgage loan application and documentation for underwriting and closing. Ensure that each real-estate loan is processed accurately, troubleshoot any issues that may arise during the processing period, and maintaincommunication with borrower throughout processing period, as needed.

BUSINESS DEVELOPMENT
  • Develop mortgage loan business through continual identification, development and maintenance of a quality network of business relationships that serves as a recurring source of referrals for new mortgage lending opportunities. This network may consist of Real Estate professionals, builders, and professional contacts, as well as other valuable referral sources enhanced by regular participation in business related development opportunities, community efforts to promote homeownership and professional organizations.
  • May oversee responsibilities of Mortgage Loan Assistant, if appropriate. Perform other duties as may be deemed necessary.

What you'll need:
  • High School Diploma. Bachelor's degree preferred.

  • 2 years' of experience in mortgage, banking or other relevant experience.

  • Experience in consumer lending preferred.

  • Ability to represent Self-Help in networking functions and to develop and maintain key realtor and other relations that generate attractive loan/borrower referrals.

  • Strong analytical and quantitative skills and ability to independently handle loan applications and assess borrower ability to successful repay loans.

  • Ability to consistently follow guidelines for file quality.

  • Ability to consistently meet productivity goals.

  • Ability to secure and maintain NMLS certification.

  • Ability to work collaboratively on team

  • Sensitivity to issues of low-wealth borrowers and a desire to work in a racially and socially diverse organization

  • Strong organization, computer and customer service skills

  • Strong communications skills including strong writing skills and presentation skills.

  • Ability to travel and work evenings and weekends as needed

  • Bilingual Spanish/English a plus.

  • Proficiency with Word, Excel and PowerPoint

Compensation Range: $63,600-$95,400
Self-Help is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Company Disclaimer:
Self-Help is committed to providing equal employment opportunities to all persons, regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression (including transgender status), age, sexual orientation, military and veteran status, class or family status.
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About Self Help

Sourced by ZipRecruiter

Industry

Individual, family and community social assistance

Company size

1 - 10 Employees

Headquarters location

Los Alamos, NM, US

Year founded

1969

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