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Loan Processor Jobs in Bloomfield, CT (NOW HIRING)

Total Mortgage Services LLC

Loan Processor

West Hartford, CT · On-site

$19 - $25.50/hr

Loan Processor Department: Processing Location: Hybrid/Remote - CT based Position reports to: VP, Sr. Mortgage Banker TMS Core Values: Do the Right Thing; Embrace and Drive Change Create and Maintain ...

Commercial Credit Group

Loan Processor

West Hartford, CT · On-site

$19 - $25.50/hr

KEF has a Processor position available in the West Hartford office. This position has visibility ... Confirms loan application information with customer and vendors. * Prepares and transmits loan ...

PeoplesBank

Loan Processing Representative

Holyoke, MA · On-site

$52K - $62K/yr

The Loan Processing Representative plays a critical role in supporting the Bank's lending operations by onboarding new loan applications received through various channels and ensuring a seamless ...

Keybank

Student Loan Consultant

Glastonbury, CT · On-site

$23.08 - $34.62/hr

Provide personalized guidance to students and/or parents on student loan options, ensuring compliance and delivering exceptional client service throughout the loan process. Essential Duties ...

Northwest Community Bank

LOAN SRV ASST

Canton, CT · On-site

$38K - $48K/yr

Processes Subordination, Extension and Modification Agreements on Commercial loans. Completes Loan Maintenance requests. Prepares various monthly and quarterly reports, i.e., SBA, Aggregate Debt, etc.

Planet Home Lending

Be Seen First

Loan Assumption Specialist

Meriden, CT · On-site

... processing, drafting all documents. · Manages a pipeline of loans. Reviews file submissions for accuracy and completeness. Verifies that all required documents are properly located in the loan file ...

Dunmor

Loan Originator

Hartford, CT · On-site +1

Partner with internal teams such as Processing, Underwriting, and Valuations to ensure smooth and timely loan processing. * Act as a liaison between clients and operations to overcome challenges and ...

Way Finders

Loan Officer (Bilingual)

Springfield, MA · Hybrid

$64K - $75K/yr

We will consider less-experienced applicants who have, in some real capacity, worked in the underwriting process for business or commercial loans. Those in banking who have these skills and want to ...

Way Finders

Loan Officer (Bilingual)

Springfield, MA · On-site

$64K - $75K/yr

We will consider less-experienced applicants who have, in some real capacity, worked in the underwriting process for business or commercial loans. Those in banking who have these skills and want to ...

KeyBank

Mortgage Loan Officer

East Hartford, CT · On-site

Originate and process a targeted number of family residential real estate mortgage transactions in ... Gather documents at the time of registering a loan and remain the primary point of contact for the ...

Keybank

Mortgage Loan Officer

East Hartford, CT · On-site

Originate and process a targeted number of family residential real estate mortgage transactions in ... Gather documents at the time of registering a loan and remain the primary point of contact for the ...

COCC

Loan Originator

Ludlow, MA · On-site

$60K - $65K/yr

What You'll do... • Process consumer loan applications from initial interview through decisioning. • Gather and review loan documentation and supporting information. • Evaluate creditworthiness ...

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Loan Processor information

See Bloomfield, CT salary details

$13

$21

$30

How much do loan processor jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for loan processor in Bloomfield, CT is $21.29, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What is a loan processor?

Loan processors are financial professionals who review, verify, and organize loan applications before they are approved by underwriters. They collect necessary documentation from applicants, ensure all information is accurate, and communicate with borrowers and lenders throughout the process. Their primary goal is to make sure the loan file is complete and complies with lending regulations, helping to facilitate a smooth and timely loan approval.

What does a loan processor do?

A loan processor reviews loan applications before sending them to the underwriter for approval. As a loan processor, your responsibilities and duties include organizing required documents and verifying the accuracy and completeness of the loan application. You work as the intermediary between the loan officer and the underwriter, so you will not usually have direct contact with the customer. A good loan processor has excellent data and organizational skills, which are needed to succeed in this career.

What are the key skills and qualifications needed to thrive as a loan processor?

To thrive as a Loan Processor, you need a solid understanding of loan origination, financial documentation review, and regulatory compliance, often supported by experience in banking or finance. Familiarity with loan processing software like Encompass, Calyx Point, and knowledge of relevant regulations such as RESPA and TILA are typically required. Attention to detail, strong organizational skills, and effective communication make someone stand out in this position. These skills and qualities are crucial to ensure accurate, timely loan approvals and maintain compliance, ultimately supporting customer satisfaction and organizational success.

What are some common challenges faced by loan processors, and how can they be managed effectively?

Loan Processors often encounter challenges such as tight deadlines, managing large volumes of documentation, and coordinating with multiple parties like underwriters, loan officers, and clients. Staying organized and maintaining clear communication are key to handling these pressures. Many successful Loan Processors use checklists and digital tools to track document status and follow up regularly with all stakeholders, which helps ensure loans are processed efficiently and accurately.

What is the difference between Loan Processor vs Loan Underwriter?

AspectLoan ProcessorLoan Underwriter
Primary RolePrepares and reviews loan documents, gathers borrower informationAssesses loan risk and approves or declines loan applications
Required CredentialsHigh school diploma, some certifications preferredTypically requires mortgage or financial certifications
Work EnvironmentOffice setting, working closely with loan officers and applicantsOffice environment, analyzing financial data and risk
Industry UsageCommon in mortgage and banking sectorsIntegral to mortgage lending and financial institutions

While both roles are essential in the loan process, a Loan Processor focuses on preparing and verifying documents, whereas a Loan Underwriter evaluates the risk and makes approval decisions. Understanding these differences helps in choosing the right career path or job focus within the lending industry.

Can I work remotely as a loan processor?

Loan processors can often work remotely, especially with the increased use of digital document management and communication tools. Many companies offer remote or hybrid schedules, but specific arrangements depend on employer policies and the need for secure handling of sensitive financial information.

How much do entry level loan processors make?

Entry-level loan processors typically earn between $35,000 and $45,000 annually, depending on location and employer. Starting salaries may increase with relevant skills, certifications, and experience in loan processing software and financial regulations.
More about Loan Processor jobs

What are popular job titles related to Loan Processor jobs in Bloomfield, CT?

For Loan Processor jobs in Bloomfield, CT, the most frequently searched job titles are:

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Cities near Bloomfield, CT with the most Loan Processor job openings:

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Bloomfield, CT as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 17% Part Time, 4% Contract, and 1% Nights. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,278 per year, or $21.3 per hour.

Loan Processor

Total Mortgage Services LLC

West Hartford, CT • On-site

$19 - $25.50/hr

Full-time

Re-posted 14 days ago

Key responsibilities

  • Review and update loan application information in Encompass based on borrower documentation and reports.

  • Order and verify necessary loan documentation such as title reports, employment verification, and tax transcripts.

  • Manage the loan pipeline to ensure critical dates are met and communicate effectively with internal departments and external partners.

Job description



Job Description

Job Title: Loan Processor 

Department: Processing 

Location: Hybrid/Remote - CT based

Position reports to: VP, Sr. Mortgage Banker

TMS Core Values:


Do the Right Thing; Embrace and Drive Change

Create and Maintain High Morale, Job Fulfillment and Enjoyment

Be Creative and Open-Minded

Pursue Growth and Learning in Self and Team

Build Open and Honest Relationships with Communication


General Purpose and Scope (Summary):

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 application in Encompass and update any inaccuracies based on borrower documentation, credit report, fraud report, etc. 

  • Complete an income calculation for all borrowers and prepare the file for underwriting.
  • Make a welcome/ introduction phone call to discuss the upcoming loan process and request any items that may be needed for initial submission to underwriting.
  • Order all necessary verifications on each loan file including title report, fraud, written or verbal verification of employment, tax transcripts 
  • Work with borrower(s) to obtain conditions requested by the underwriter. Break conditions down in layman’s terms.
  • Manage pipeline to ensure critical dates are met including contingency, contract closing, and lock expiration. 
  • Monitor important expiration dates on loans in pipeline – including credit report, appraisal, income & asset documents, rate lock.
  • Provide support to sales team. 
  • Communicate effectively with internal departments and external partners/customers.


Responsibilities:

• Strong customer service, communication, organization and problem resolution skills

  • Must be able to meet established minimum daily expectations
  • Maintains effective communication to ensure the highest quality of customer service

Pay: Salary + bonus eligible

  

Personal Traits / Competencies:

  • Exceptional interpersonal and communication skills
  • Provide world-class customer service
  • Must be able to multi-task
  • Strong attention to detail
  • Team player and works well independently
  • Ability to listen and make decisions quickly

Technical / Computer Skills:

  • Familiarity with Encompass
  • Proficient Microsoft Word, Excel, Outlook 
  • Experience in state bond programs a plus

Education and Experience: 

  • High school diploma or equivalent
  • A minimum of 2-years experience in mortgages
  • Knowledge of mortgage processing preferred, not required
  • Familiarity with all types of mortgage products and state/federal regulatory guidelines.

Hours for position:

M-F 9am-5pm

This position may require frequent additional hours, at times on a daily basis; must be available to work additional hours on short notice as determined by management to meet customer service and investor requirements 

Conclusion

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. But, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.