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Loan Processor Jobs in Manchester, CT (NOW HIRING)

Mortgage Loan Officer

Longmeadow, MA · On-site

$95K - $120K/yr

Must be able to successfully complete the registration process, which includes, and is not limited ... Thorough understanding of conventional loan structures. * Willingness to travel to various banking ...

Meet with prospective customers, provide them information on mortgage loan rates and terms, and ... Maintain contact with customers and follow through on mortgage applications in process. Work with ...

... process. Work with customers and the team to gather information necessary to ensure the customer's success at getting the loan. • Ensure completeness of paperwork and documentation and reviews for ...

... loan repayment programs and employee stock purchase plan discount! * Health & Wellness: 100 ... Process, finalize and mail out customer registrations. * Review customer paperwork for accuracy.

... loan repayment programs and employee stock purchase plan discount! * Health & Wellness: 100 ... Process, finalize and mail out customer registrations. * Review customer paperwork for accuracy.

... loan repayment programs and employee stock purchase plan discount! * Health & Wellness: 100 ... Process, finalize and mail out customer registrations. * Review customer paperwork for accuracy.

... loan repayment programs and employee stock purchase plan discount! * Health & Wellness: 100 ... Process, finalize and mail out customer registrations. * Review customer paperwork for accuracy.

Our Loan Officers are encouraged to participate in business related development opportunities, community efforts to promote home ownership and professional organizations. You will be responsible for ...

Our Loan Officers are encouraged to participate in business related development opportunities, community efforts to promote home ownership and professional organizations. You will be responsible for ...

Our Loan Officers are encouraged to participate in business related development opportunities, community efforts to promote home ownership and professional organizations. You will be responsible for ...

Our Loan Officers are encouraged to participate in business related development opportunities, community efforts to promote home ownership and professional organizations. You will be responsible for ...

Our Loan Officers are encouraged to participate in business related development opportunities, community efforts to promote home ownership and professional organizations. You will be responsible for ...

Our Loan Officers are encouraged to participate in business related development opportunities, community efforts to promote home ownership and professional organizations. You will be responsible for ...

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Loan Processor information

See Manchester, CT salary details

$13

$21

$31

How much do loan processor jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for loan processor in Manchester, CT is $21.51, according to ZipRecruiter salary data. Most workers in this role earn between $18.22 and $24.28 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 some roles may require in-office presence for document verification or meetings. Availability depends on the employer's policies and the specific job requirements.

What are the most commonly searched types of Loan Processor jobs in Manchester, CT?

The most popular types of Loan Processor jobs in Manchester, CT are:

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

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

What job categories do people searching Loan Processor jobs in Manchester, CT look for?

The top searched job categories for Loan Processor jobs in Manchester, CT are:

What cities near Manchester, CT are hiring for Loan Processor jobs?

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

Infographic showing various Loan Processor job openings in Manchester, CT as of August 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, and 20% Remote job distribution, with an average salary of $44,751 per year, or $21.5 per hour.

Mortgage Loan Officer

PeoplesBank

Longmeadow, MA • On-site

$95K - $120K/yr

Full-time

Posted 29 days ago


Job description

Welcome to PeoplesBank! We are the largest mutually chartered bank in Western Mass and Northern Connecticut, we are proud to lead the way in green values, sustainable energy financing, and charitable giving. Our commitment to operating in the best interest of our customers is matched by our dedication to fostering an inclusive and engaging work environment. We offer excellent compensation, workplace flexibility, and a competitive benefits package to our associates. Our award-winning culture has earned us recognition as the Best Place to Work and Best Local Bank. Join our team of dedicated and innovative individuals and be a part of our dynamic, successful organization. Let's make a difference together!

Summary:

PeoplesBank is seeking a motivated and customer-focused Residential Mortgage Loan Officer to generate residential mortgage business within our primary lending areas throughout Western Massachusetts. This role involves cultivating relationships with real estate professionals, builders, attorneys, and other referral sources, while also leveraging internal leads and past customer connections. The ideal candidate will consistently generate mortgage applications that lead to closed loans, actively participate in community and business development events, and deliver exceptional service throughout the mortgage process. Strong interpersonal skills, attention to detail, and a thorough understanding of conventional loan structures are essential. This position requires NMLS registration. This position includes a base salary and commissions structure.

Essential Duties and Responsibilities:

  • Consistently generate high-quality mortgage applications that result in closed loans, meeting or exceeding monthly production goals.
  • Proactively cross-sell deposit products to mortgage customers, enhancing overall customer value and deepening relationships.
  • Actively engage in community and industry events—including Realtor associations, expos, and chamber functions—to build visibility and drive mortgage volume.
  • Develop and execute a strategic annual market plan to identify and capitalize on growth opportunities within the bank’s footprint.
  • Provide timely and responsive service by following up on all customer inquiries and referrals within 24 hours.
  • Ensure full compliance with federal, state, and bank regulations by completing annual training and adhering to all service and operational standards.
  • Other duties as assigned.

Education and Experience:

  • Bachelor’s degree or an equivalent combination of education and experience
  • One to three years of relevant experience

Certifications, Licenses and/or Registrations Required:

  • Requires the ability to obtain the National Mortgage Licensing System (NMLS) registration – must obtain said license after a period, to be determined by decision maker.
  • Must be able to successfully complete the registration process, which includes, and is not limited to, undergoing a criminal background and credit check and must remain in compliance with the NMLS License regulations and rules.

Computer Skills:

  • Knowledge of Microsoft applications, including Word and Excel
  • Experience utilizing laptop technology

Skills Required:

  • Excellent verbal and written communication skills, ensuring clear and professional interactions.
  • Strong interpersonal and customer service abilities, with a talent for building and maintaining client and business relationships.
  • High level of discretion and integrity, committed to protecting the financial privacy of clients, colleagues, and the organization.
  • Thorough understanding of conventional loan structures.
  • Willingness to travel to various banking center locations throughout region as needed and assigned.

Work Environment and Physical Demands:

  • The working conditions and physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • *Work location may vary due to business needs after employment. Frequent travel is required to and from various banking centers within reasonable distance and the PeoplesBank Executive Office in Holyoke, MA. Flexibility is essential for this role.
  • While performing the duties of this job, the associate is regularly required to sit, use hands to sort, write and keyboard, and to listen and speak. The associate is frequently required to reach, walk, stoop, crouch. The associate is occasionally required to stand, lift, bend, drive and travel.