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Loan Processing Manager Jobs in Springfield, MA (NOW HIRING)

Commercial Credit Group

Loan Processor

West Hartford, CT

$19 - $25.50/hr

This position has visibility and interaction with senior management and offers career advancement ... Confirms loan application information with customer and vendors. * Prepares and transmits loan ...

Dunmor

Loan Originator

Hartford, CT · On-site +1

Consistently update the CRM system to reflect the status of prospects, applications, and active ... Partner with internal teams such as Processing, Underwriting, and Valuations to ensure smooth and ...

Guild

Underwriter III, Specialty Loans (Condo)

Brimfield, MA · On-site

$37.22 - $55.83/hr

... Manager is not available. Essential Functions * Review and evaluate loan documents to ensure ... Work with Loan Processors and Loan Officers on collecting information and documentation necessary ...

Cornerstone Bank

VP, Mortgage Sales Manager

Spencer, MA · On-site

$84K - $250K/yr

The Manager analyzes market trends to inform strategy, partners across internal departments to ensure efficient loan processing, and represents the bank at community and industry events. Success in ...

Self Help

Mortgage Loan Officer

Manchester, CT · On-site

$63K - $95K/yr

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 ...

Self Help

Mortgage Loan Officer

Manchester, CT · On-site

$63K - $95K/yr

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 ...

Farm Credit East

Loan Officer

Enfield, CT · Hybrid

$63K - $85K/yr

Manages the day-to-day customer relationships of credits within your respective customer segment ... Embraces the transformation of the Association through adoption and utilization of new processes ...

Farm Credit East

Loan Officer

Enfield, CT · On-site

$63K - $85K/yr

Manages the day-to-day customer relationships of credits within your respective customer segment ... Embraces the transformation of the Association through adoption and utilization of new processes ...

Farm Credit East

Loan Officer

Enfield, CT · Hybrid

$63K - $85K/yr

Manages the day-to-day customer relationships of credits within your respective customer segment ... Embraces the transformation of the Association through adoption and utilization of new processes ...

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All JobsLoan Processing JobsLoan Processing Manager JobsLoan Processing Manager Jobs in Springfield, MA

Loan Processing Manager information

See Springfield, MA salary details

$37.9K

$55.9K

$81.2K

How much do loan processing manager jobs pay per year?

As of Jul 27, 2026, the average yearly pay for loan processing manager in Springfield, MA is $55,899.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,800.00 and $59,800.00 per year, depending on experience, location, and employer.

How does a Loan Processing Manager typically collaborate with underwriters and loan officers during the loan approval process?

A Loan Processing Manager plays a pivotal role in ensuring smooth communication between loan officers, underwriters, and other team members. They oversee the gathering and verification of borrower information, clarify documentation requirements, and resolve any discrepancies promptly. Regular meetings and status updates with underwriters help address potential issues early, while collaboration with loan officers ensures applicants receive timely feedback. This teamwork is essential for maintaining workflow efficiency and delivering a positive customer experience.

What are the key skills and qualifications needed to thrive as a Loan Processing Manager, and why are they important?

To thrive as a Loan Processing Manager, you need a deep understanding of loan products, underwriting guidelines, compliance regulations, and prior experience in loan processing or financial services. Familiarity with loan origination systems (LOS), document management platforms, and regulatory compliance software is typically required. Exceptional leadership, organizational skills, and effective communication are crucial for managing teams and collaborating with lenders, clients, and other departments. These skills and qualities ensure efficient loan processing, adherence to regulatory standards, and high levels of customer satisfaction.

What is the role of a loan processing manager?

A loan processing manager oversees the review and approval of loan applications, ensuring all documentation is complete and complies with lending policies. They coordinate between loan officers, underwriters, and applicants, often using loan origination software, to facilitate efficient processing and timely decision-making.

How much does a loan officer make on a $500,000 loan?

A loan processing manager or loan officer typically earns a commission or fee based on the loan amount, often around 0.5% to 1% of the loan value. For a $500,000 loan, this could translate to $2,500 to $5,000 in fees or commissions, depending on the lender's policies and the officer's compensation structure.

What does a Loan Processing Manager do?

A Loan Processing Manager oversees the loan processing department, ensuring that all loan applications are processed efficiently, accurately, and in compliance with regulations. They supervise loan processors, review loan files, coordinate with underwriters, and communicate with applicants and other stakeholders. Their role is crucial in streamlining operations, minimizing errors, and ensuring timely loan approvals while maintaining high customer service standards.
What are the most commonly searched types of Loan Processing jobs in Springfield, MA? The most popular types of Loan Processing jobs in Springfield, MA are:
What cities near Springfield, MA are hiring for Loan Processing Manager jobs? Cities near Springfield, MA with the most Loan Processing Manager job openings:
Loan Processing Manager jobs near you
Loan Processor

Loan Processor

Commercial Credit Group

West Hartford, CT

$19 - $25.50/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 29 days ago

Job description

Keystone Equipment Finance Corp. (Keystone) is a privately held independent, commercial equipment finance company in North America. We finance equipment in the transportation, construction, arbor and waste industries, as well as some heavy equipment. Our sales force is located throughout North America and sources new business through end-users, equipment vendors and manufacturers. Keystone is headquartered in West Hartford, CT.

Keystones success is built on relationships, equipment knowledge and a foundation of excellent customer service. Our unique brand of equipment finance has produced excellent financial performance through all cycles since our founding.

KEF has a Processor position available in the West Hartford office. This position has visibility and interaction with senior management and offers career advancement.

Essential Job Duties:

  • Gathers required information from finance representatives, customers and third parties to generate loan contracts.
  • Confirms loan application information with customer and vendors.
  • Prepares and transmits loan documents to customers.
  • Identifies and seeks missing information necessary to complete contracts.
  • Maintains customer confidence by updating them on their loan status.
  • Communicates loan terms to customer and answers questions.
  • Assembles final loan package for review and funding.
  • Prepares documents for proper motor vehicle registration and titling.
  • Other assigned duties that may arise at managements discretion.

Job Requirements:

  • High school graduate
  • Familiarity with Microsoft Office Suite.
  • Bi-lingual in English and Spanish a plus.
  • Strong communication and analytical skills.
  • Willingness to assist other team members when required.
  • Previous experience with motor vehicle titling and registration helpful.
  • Ability to multitask.

We offer a competitive base salary, commission, and bonus, as well as medical, dental and vision insurance, 401(k), paid holidays and paid time off. For immediate consideration, please visit our website and submit your resume: https://www.keystoneefc.com/careers

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