Mortgage Loan Processor & Compliance Specialist

Talentify; Woburn (MA); On-site; USD 45,000 - 65,000; Full time

Job summary

East Cambridge Savings Bank is recruiting a Loan Processor to perform a variety of clerical and administrative tasks in connection with consumer, commercial and mortgage loans. Under supervision, you will gather documents, prepare disclosures, and support the loan pipeline.

The role requires 1–3 years of administrative experience or a college degree, with preference for loan processing experience and Encompass familiarity. Strong communication and organizational skills are essential.

Qualifications

• 1-3 years administrative experience or college degree
• Loan processing experience preferred
• Experience using Encompass preferred
• Strong customer service, verbal and written communication skills
• Must become a registered MLO in accordance with the S.A.F.E. Act
• Knowledge of lending regulations (TRID, RESPA, HMDA, Safe Act, TILA)
• Must be detail-oriented and have strong organizational skills, and the ability to manage multiple priorities and deadlines
• Working knowledge of Microsoft Word and Excel

Responsibilities

• Respond to Lending Policy inquiries within scope of authority
• Prepare TRID compliant loan estimates; disclose all closing costs accurately at application
• Compile, organize and verify application data including customer documentation required by statute, underwriting data, and credit reports
• Assist Mortgage Loan Originator; prepare disposition correspondence; maintain pipeline status
• Compile and organize appraisal reviews and board presentation materials for Loan Officer review
• Assist with loan closings including preparation of files, review of attorney documents, and disbursement of funds
• Keep abreast of underwriting, processing and closing tasks to maintain workflow
• Assist management with related lending duties including packaging loans for MI approval and conveyancing attorneys; prepare department reporting
• Stay abreast of residential and consumer loan products; comply with TRID, TILA, RESPA, HMDA and SAFÉ Act requirements

Skills

Administrative experience

Loan processing experience

Customer service

Verbal and written communication

Attention to detail

Education

College degree preferred

Tools

Encompass

Microsoft Word

Microsoft Excel

Job description

East Cambridge Savings Bank is recruiting a Loan Processor to perform a variety of clerical and administrative tasks in connection with consumer, commercial and mortgage loans. Under supervision, you will gather documents, prepare disclosures, and support the loan pipeline.

The role requires 1–3 years of administrative experience or a college degree, with preference for loan processing experience and Encompass familiarity. Strong communication and organizational skills are essential.