ZipRecruiter

Log In

1

Loan Assistant Jobs in Springfield, MA (NOW HIRING)

Country Bank for Savings

Assistant Manager

Charlton, MA · On-site

$50/hr

The Assistant Manager works in conjunction with the Retail Banking Officer to ensure that the ... Responsible for mortgage, commercial loan, cash management, and merchant service referrals to other ...

Country Bank for Savings

Assistant Manager

Palmer, MA · On-site

$50/hr

The Assistant Manager works in conjunction with the Retail Banking Officer to ensure that the ... Responsible for mortgage, commercial loan, cash management, and merchant service referrals to other ...

previous page

Showing results 41-60

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 2, 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.

Senior Mortgage Loan Underwriter

Monson Savings Bank

Wilbraham, MA • On-site

$70K - $83K/yr

Full-time

Medical, Dental, Retirement, PTO

Posted 16 days ago

Job description

Are you an experienced mortgage underwriter who enjoys making sound lending decisions while delivering an exceptional customer experience? Do you thrive in a collaborative community banking environment where your knowledge, judgment, and ideas are valued?
Monson Savings Bank is seeking a Senior Mortgage Loan Underwriter to join our Residential Lending team. This is an exciting opportunity for a skilled, experienced underwriting professional to play a key role in our mortgage lending process and contribute to the success of a respected community bank.
Position Overview
The SR. Mortgage Loan Underwriter underwrites mortgage and consumer applications received by the Bank. Reviews and evaluates application information and makes approval/denial recommendations or decisions; approving loans within established lending limits and based on Bank and secondary market guidelines. May provide training and guidance to Jr. Mortgage Loan Underwriter. Hybrid remote work option available upon completion of training and Introductory period. Full remote work option not available.
Key Responsibilities
  • Underwrite residential mortgage and consumer loan applications in accordance with Bank, FNMA, MassHousing, and regulatory guidelines
  • Make sound approval and denial decisions within established lending authority
  • Review appraisals, title work, mortgage insurance, and supporting documentation for accuracy and compliance
  • Support loan originators and processors by providing guidance that helps create a smooth borrower experience
  • Manage secondary market processing, including commitments, loan delivery, pricing, and remittances
  • Assist with staff training and serve as a resource and mentor for junior underwriter
  • Participate in audits, quality control reviews, and regulatory examinations
  • Help improve underwriting procedures and contribute innovative ideas that drive efficiency and excellence

Qualifications
Associate's degree in business or related field and minimum three years mortgage loan underwriting experience with conventional guidelines, Non-QM, Construction and Mass Housing loans; or equivalent combination of education and experience. FHA Direct Endorsement (DE) credential preferred but not required.
  • Customer service-oriented professional with strong knowledge of mortgage underwriting guidelines and lending regulations
  • Strong organizational skills with high level of accuracy and attention to detail
  • Ability to prioritize and manage time and multiple responsibilities while meeting established deadlines
  • Strong analytical and decision-making skills
  • Excellent verbal and written communication skills with demonstrated report writing skills
  • Interacts with others in an effective and professional manner, with a team approach to work responsibilities

Salary Range: $70,000 - $83,000
Join our growing and dynamic team! We are a successful community bank dedicated to our customers, associates and communities!
Benefits include paid time off, 401(k) with company match, suite of insurance benefits including medical, dental and more! This is a great opportunity to join a successful, local bank that has a rich history of investing in employees and local communities for more than 150 years!
Monson Savings Bank is an Equal Opportunity Employer to all protected groups, including protected veterans and individuals with disabilities.
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential position functions.
JOB CODE: SRMortUW081726

Apply