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Loan Documentation Process Jobs in Springfield, MA

Loan Processor

West Hartford, CT ยท On-site

$19 - $25.50/hr

KEF has a Processor position available in the West Hartford office. This position has visibility ... Prepares and transmits loan documents to customers. * Identifies and seeks missing information ...

Loan Servicing Intern

South Windsor, CT ยท On-site

$16.50 - $21.50/hr

The intern will gain exposure to real-world servicing functions, compliance requirements, loan documentation, and customer service processes. Responsibilities: Loan Administration & Data Management ...

Loan Servicing Intern

South Windsor, CT ยท On-site

$16.50 - $21.50/hr

The intern will gain exposure to real-world servicing functions, compliance requirements, loan documentation, and customer service processes. Responsibilities: Loan Administration & Data Management ...

Work with Loan Processors and Loan Officers on collecting information and documentation necessary to finalize incomplete loan packages. * Determine if additional documentation or information would ...

Mortgage Loan Officer

Manchester, CT ยท On-site

$63K - $95K/yr

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.

Mortgage Loan Officer

Manchester, CT ยท On-site

$63K - $95K/yr

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.

Loan Officer

Enfield, CT ยท Hybrid

$63K - $85K/yr

Creates and maintains a documented 360-degree view of the customer, in the core application, to ... Embraces the transformation of the Association through adoption and utilization of new processes ...

Loan Officer

Enfield, CT ยท On-site

$63K - $85K/yr

Creates and maintains a documented 360-degree view of the customer, in the core application, to ... Embraces the transformation of the Association through adoption and utilization of new processes ...

Loan Officer

Enfield, CT ยท Hybrid

$63K - $85K/yr

Creates and maintains a documented 360-degree view of the customer, in the core application, to ... Embraces the transformation of the Association through adoption and utilization of new processes ...

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Loan Documentation Process information

See Springfield, MA salary details

$11

$28

$54

How much do loan documentation process jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for loan documentation process in Springfield, MA is $28.65, according to ZipRecruiter salary data. Most workers in this role earn between $18.22 and $39.52 per hour, depending on experience, location, and employer.

What is Loan Documentation Process?

The Loan Documentation Process refers to the series of steps involved in preparing, reviewing, and finalizing all necessary paperwork required to approve and disburse a loan. This process ensures that all legal and regulatory requirements are met, and that the terms of the loan are clearly documented for both the lender and the borrower. Proper loan documentation helps prevent disputes, protects the interests of both parties, and facilitates smooth loan servicing and repayment. The process typically includes collecting financial documents, verifying borrower information, and executing loan agreements.

What is the difference between Loan Documentation Process vs Loan Underwriter?

AspectLoan Documentation ProcessLoan Underwriter
Primary RolePreparing, reviewing, and organizing loan documentsAssessing loan applications and approving or denying loans
Required SkillsAttention to detail, knowledge of loan documents, complianceRisk assessment, financial analysis, decision-making
Work EnvironmentOffice setting, often in banks or lending institutionsOffice environment, often in banks or mortgage companies
CertificationsTypically none required, but familiarity with lending regulations helpsCertifications like Loan Underwriting Certification are common

The Loan Documentation Process focuses on preparing and managing loan documents, ensuring accuracy and compliance. In contrast, a Loan Underwriter evaluates loan applications to determine approval based on risk analysis. Both roles are essential in the lending industry and often work closely together, but they serve different functions in the loan approval process.

What are some common challenges faced in the Loan Documentation Process role, and how can they be managed effectively?

Professionals in the Loan Documentation Process often encounter challenges such as handling tight deadlines, ensuring accuracy under pressure, and managing large volumes of paperwork. It's essential to stay organized, regularly update checklists, and maintain open communication with loan officers, underwriters, and clients to proactively address any missing or incorrect information. Utilizing document management systems and staying up-to-date on regulatory changes can also help ensure compliance and streamline the workflow.

What are the key skills and qualifications needed to thrive in Loan Documentation Process roles, and why are they important?

Success in a Loan Documentation Process role requires strong attention to detail, knowledge of banking regulations, and experience with loan documentation procedures, often supported by a finance or business-related degree. Familiarity with loan origination systems (LOS), document management software, and compliance tools is typically essential. Excellent organizational skills, problem-solving ability, and clear communication help professionals excel in coordinating between clients and internal teams. These skills ensure accurate, compliant, and timely loan processing, which is critical for minimizing risk and maintaining customer trust.
What are popular job titles related to Loan Documentation Process jobs in Springfield, MA? For Loan Documentation Process jobs in Springfield, MA, the most frequently searched job titles are:
What job categories do people searching Loan Documentation Process jobs in Springfield, MA look for? The top searched job categories for Loan Documentation Process jobs in Springfield, MA are:
Infographic showing various Loan Documentation Process job openings in Springfield, MA as of July 2026, with employment types broken down into 1% As Needed, 73% Full Time, 23% Part Time, and 3% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $59,588 per year, or $28.6 per hour.
Senior Commercial Loan Specialist (FT)

Senior Commercial Loan Specialist (FT)

Westfield Bank

Springfield, MA โ€ข On-site

$29.54 - $44.31/hr

Full-time

Posted 17 days ago


Job description

Job Title: Senior Commercial Loan Specialist
Department: Loan Administration
Job Status: Full Time
FLSA Status: Non-Exempt
Grade: 10
Amount of Travel: Some Travel
Reports To: VP, Loan Administration Manager
Positions Supervised: N/A
POSITION SUMMARY
Under the general supervision of the VP, Loan Administration Manager, the Senior Commercial Loan Specialist works closely with Lenders, Portfolio Managers & Loan Assistants to ensure Commercial Loan Documentation is prepared in accordance with the Bank's lending policies and approvals. Performs a pre-funding and post-closing review of all documents and assures that all closing conditions have been met. Reviews and monitors pre- and post-closing quality control procedures.
ESSENTIAL FUNCTIONS
  • Performs pre- and post-closing reviews on all commercial loan documentation. Assures that the documents are in line with the approval and that all closing conditions have been satisfied prior to funding. Works closely with Attorney's, Commercial Lenders and Loan Assistants to ensure an efficient closing process.
  • Reviews credit approvals for commercial loans for accuracy.
  • Performs a post-closing review for all commercial loan modifications; assures that document is prepared according to approval authority. Responsible for the on-going review of the document exception report. Follows up with appropriate staff to ensure all documents are received in a timely manner.
  • Reviews all Flood policies for properties located in a flood zone prior to closing to assure policy is in compliance with Federal regulations and Bank policy.
  • Reviews all Hazard Insurance binders/policies prior to closing to assure Bank is properly listed as mortgagee and that there is sufficient insurance.
  • Reconciles Miniter Invoice for Force Placement Insurance and works with Commercial Loan Assistants and Lenders to ensure that active policies are received.
  • Performs post-closing review and assures all collateral on commercial loans has been properly perfected.
  • Works closely with the Senior Booking Specialist to ensure timely and accurate commercial loan booking to the Core System
  • Performs the UCC continuation process and assures that all UCC's are renewed in a timely manner.
  • Performs historical UCC filings in Wolters Kluwer for any UCC filed by an attorney
  • Reconciles Wolters Kluwer invoice to ensure that continuation fees are being added to the appropriate loans.
  • Provides final Quality Control on all commercial loans to ensure that originals have been filed properly and that all documentation has been uploaded into OnBase in accordance with bank policy.
  • Review's CRA and HMDA data sheets for accuracy prior to submission.
  • Completes Monthly Small Business Administration Reporting
  • Represents the department in various committees such as Compliance, and any other committees as designated by the VP/Loan Administration Manager.
  • Responds to audit requests including but not limited to Internal, External and OCC.
  • Must complete BSA, AML, and other Regulatory and Continuing Education as assigned.
  • Must adhere to all bank and regulatory policies and procedures specific to position.
  • Assumes additional responsibilities as requested.

POSITION QUALIFICATIONS
  • Competencies
  • Communication
  • Decision-Making/Judgment
  • Job Knowledge
  • Productivity & Time Management
  • Quality
  • Results Focus

Education/Experience/Skills & Abilities
  • Bachelor's Degree or the equivalent work-related experience required.
  • Three to five years of similar or related experience.
  • Knowledge of each operational aspect of the department.
  • Excellent communication skills.
  • Working knowledge of Microsoft Office (Word and Excel) required.
  • Ability or organize, prioritize, delegate, meet deadlines and balance numerous tasks at the same time.

PHYSICAL DEMANDS
Physical Demands
Lift/Carry
Stand Occasionally
10 lbs or less Frequently
Walk Occasionally
11 - 20 lbs Occasionally
Sit Constantly
21 - 50 lbs Not Applicable
Handling/Fingering Frequently
51 - 100 lbs Not Applicable
Reach Outward Occasionally
Over 100 lbs Not Applicable
Reach Above Shoulder Occasionally
Push/Pull
Climb Occasionally
12 lbs or less Occasionally
Crawl Not Applicable
13 - 25 lbs Occasionally
Squat or Kneel Occasionally
26 - 40lbs Not Applicable
Bend Occasionally
41 - 100 lbs Not Applicable
N (Not Applicable) Activity is not applicable to this occupation.
O (Occasionally) Occupation requires this activity up to 33% of the time (0-2.5+ hrs/day)
F (Frequently) Occupation requires this activity from 33%-66% of the time (2.5-5.5+ hrs/day)
C (Constantly) Occupation requires this activity more than 66% of the time (5.5+ hrs/day)
Other Physical Requirements
None
Westfield Bank has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.
JOB CODE: 1000917