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Loan Processor Jobs in Boston, MA (NOW HIRING)

PrimeLending

Norwell, MA Loan Originator NE

Boston, MA · On-site

$65 - $120/hr

Oversees the loan process by monitoring loan status and ensures conformity with terms. * Communicates loan status to all interested parties, and obtains loan documentation after closing. * Presents ...

New

SFB

Loan Officer

Salem, MA · On-site

... loan process. • Utilizes Salem Five training materials, reference tools and other resources to provide accurate and up-to-date loan program/policy information to both external customers and ...

Salem Five Bank

Loan Officer

Salem, MA · On-site

... loan process. • Utilizes Salem Five training materials, reference tools and other resources to provide accurate and up-to-date loan program/policy information to both external customers and ...

SFB

Sr Loan Officer

Salem, MA · On-site

... loan process. • Utilizes Salem Five training materials, reference tools and other resources to provide accurate and up-to-date loan program/policy information to both external customers and ...

Salem Five Bank

Sr Loan Officer

Salem, MA · On-site

... loan process. • Utilizes Salem Five training materials, reference tools and other resources to provide accurate and up-to-date loan program/policy information to both external customers and ...

Dunmor

Loan Originator

Boston, MA · 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 ...

Northern Bank

Commercial Loan Officer

Woburn, MA · On-site

$130K - $160K/yr

Consistently communicate with the borrower and Bank staff throughout the loan process. * Work with the loan closing team and Bank's attorney to close the loan. * Meet and exceed annual lending goals ...

Northern Bank

Commercial Loan Officer

Woburn, MA · On-site

$130K - $160K/yr

Consistently communicate with the borrower and Bank staff throughout the loan process. * Work with the loan closing team and Bank's attorney to close the loan. * Meet and exceed annual lending goals ...

First Citizens Bank

Senior Loan Closer - CDF

Boston, MA · On-site

$77K - $100K/yr

The position involves a diverse range of responsibilities, including operational support, detailed loan processing and rigorous quality control. The Senior Loan Closer will ensure all transactions ...

First Citizens Bank

Senior Loan Closer - CDF

Boston, MA · On-site

$77K - $100K/yr

The position involves a diverse range of responsibilities, including operational support, detailed loan processing and rigorous quality control. The Senior Loan Closer will ensure all transactions ...

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All JobsLoan Processor JobsLoan Processor Jobs in Boston, MA

Loan Processor information

See Boston, MA salary details

$14

$23

$33

How much do loan processor jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for loan processor in Boston, MA is $23.14, according to ZipRecruiter salary data. Most workers in this role earn between $19.57 and $26.11 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 the most commonly searched types of Loan Processor jobs in Boston, MA?

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

What are popular job titles related to Loan Processor jobs in Boston, MA?

For Loan Processor jobs in Boston, MA, the most frequently searched job titles are:

What job categories do people searching Loan Processor jobs in Boston, MA look for?

The top searched job categories for Loan Processor jobs in Boston, MA are:

What cities near Boston, MA are hiring for Loan Processor jobs?

Cities near Boston, MA with the most Loan Processor job openings:

Loan Processor jobs near you
Infographic showing various Loan Processor job openings in Boston, MA as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 16% Part Time, 5% Contract, and 1% Nights. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $48,134 per year, or $23.1 per hour.

Norwell, MA Loan Originator NE

Hilltop Holdings

Norwell, MA • On-site

$15/hr

Full-time

Re-posted 7 days ago

Key responsibilities

  • Markets and promotes PrimeLending's financial products and services to clients and referral sources.

  • Manages the loan process by evaluating customer information, advising on loan options, monitoring loan status, and ensuring compliance with terms.

  • Builds and maintains relationships with realtors, builders, bank officers, and other industry professionals to develop and retain business.

Job description


Under the direction of the Branch and/or Production Manager, markets and promotes PrimeLending products and services to its client base of realtors, builders, bank officers and potential and past clients. Performs office or non-manual work directly related to the management or general business operations of PrimeLending and its customers.
Responsibilities
  • Evaluates PrimeLending's and other loan products and services and determines which financial products best meet the customer's needs and financial circumstances.
  • Establishes and maintains relationships with realtors, bank officers, builders and new home sales representatives in order to develop and retain existing business; and by visiting subdivisions as required.
  • Markets and promotes PrimeLending's financial products;
  • Originators are expected to meet the Company's minimum production standards in funded units/volume on an ongoing basis each month, by taking complete and accurate loan applications, using PrimeLending's product set.
  • Monitors overall customer interaction and interfaces with all parties involved on each individual loan from application to closing, including but not limited to counseling and pre-qualifying potential home buyers.
  • Collects and analyzes information regarding the customer's income, assets, investments or debts.
  • Advises the customer regarding the advantages and disadvantages of different loan products.
  • Services existing customers and obtains all necessary support documents along with the appropriate fees and lock in information.
  • Oversees the loan process by monitoring loan status and ensures conformity with terms.
  • Communicates loan status to all interested parties, and obtains loan documentation after closing.
  • Presents terms and conditions of loans with customers.
  • Stays abreast of trends and developments in the local real estate market and competitive environment, as well as, changes in rules and regulations pertaining to private and government insured mortgages.
  • Maintains a professional image and adheres to standards consistent with company policies and procedures.
  • May supervise and direct the activities of other loan officer(s), loan officer assistant(s), or loan processor(s).
  • Other duties as assigned.

Qualifications
  • High school diploma or equivalent and appropriate licenses as required by state.
  • Valid driver's license and current automobile liability insurance.
  • A minimum of 12 months loan originator experience required.
  • Interacts with regional & corporate departments, as well as realtors, sales agents, builders, appraisers, etc.
  • Demonstrated judgment and decision making ability. Excellent and effective presentation and communication skills, both verbal and written.
  • Ability to quickly assess and process large amounts of data and use of appropriate AU software technology.
  • Must be active in the community and in those job-related organizations to enhance the network of beneficial contacts.
  • Continue to expand knowledge of issues influencing the industry and the organization.

The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.
About Us
PrimeLending, a PlainsCapital Company®, is a people-first company on a mission to make the home loan process simple and stress-free. Since 1986, we've been working together as a team to support our customers, co-workers and communities and make a positive impact on all the lives of all we serve. Whether on the frontline working directly with customers in our branches or behind the scenes supporting our loan officers, our team members each play a vital role in delivering an outstanding customer experience.
Award-Winning Culture
Known for having an empowering, supportive culture, PrimeLending is a place where each individual has an important voice, can be themselves and thrives. Our organization exudes an infectious spirit of optimism and humanity, making PrimeLending a great workplace.
  • #7 2023 Energage Top Workplaces in the USA1
  • # 11 2023 Energage Top Workplaces in Financial Services1
  • Top 25 2023 Fortune Best Workplaces for Women™2
  • Top 25 2023 Fortune Best Workplaces in Financial Services™2
  • Top 50 2023 Fortune Best Workplaces for Millennials™2
  • #11 2023 Fortune Best Workplaces in Texas™2
  • Scotsman Guide 2024 Top Workplaces3 (Editor's Pick)
  • #7 2023 Dallas Morning News Top Workplaces4

Key Facts About PrimeLending
  • Established in 1986
  • Part of Hilltop Holdings Inc. (NYSE: HTH) a diverse financial services company
  • #11 2023 Top Retail Volume, Scotsman Guide
  • #15 2023 Top Overall Volume, Scotsman Guide3
  • 400+ purchase, renovation, refinance and reverse mortgage products
  • National lender with coverage in all 50 states
  • 2023 Best-in-Class Lender in 4 categories by MortgageCX5
  • Branches located in 42 states
  • 96% customer satisfaction rating6
  • 4.9 national average star rating on Google
  • 22,000+ five star Zillow reviews

1Energage Top Workplaces Awards
2Great Place to Work
3Scotsman Guide
4The Dallas Morning News
5MortageCX
6Survey administered and managed by an independent third party following loan closing. PrimeLending received an overall 96% Customer Satisfaction Rating for the period 1/1/23-12/31/23.
About the Team
PrimeLending's loan originators are the company's frontline establishing a local presence and driving growth one closed loan at a time. These dedicated mortgage professionals know how to collaborate with business partners, offer guidance, find solutions, meet deadlines, and ultimately help our customers become happy homeowners.
If you're ready to join our team and unleash your unlimited potential, we're looking for doers, visionaries, entrepreneurs, and leaders who welcome the challenge. Contact us today or visit joinprimelending.com to learn more about how you can become a part of our winning formula.

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