KBW Financial Staffing & Recruiting · 22 hours ago
Sr. Residential Loan Processor
Cambridge, MA
Full-time
Hybrid
Mid, Senior Level
$30/hr - $42/hr
3+ years expKBW Financial Staffing & Recruiting is seeking a Sr. Residential Loan Processor for a top Community Bank in the Somerville MA area. This remote role involves processing residential mortgage and consumer loan applications, ensuring compliance with lending guidelines, and serving as a liaison with various stakeholders to resolve issues and coordinate closings.
CrowdfundingFinancial ServicesHuman Resources
Responsibilities
Process residential mortgage and consumer loan applications under the direction of the Retail Lending Manager
Compile, verify, and organize loan application data and required documentation (VOE, VOD, credit reports, etc.)
Prepare application correspondence including commitment letters, adverse action notices, and pipeline reporting
Analyze applicant financials, credit, and property information to assess loan feasibility
Identify documentation or application deficiencies and communicate issues to Underwriters and management
Order and review appraisals and title work; follow up to ensure timely receipt and resolve deficiencies
Submit complete loan files for underwriting approval and ensure compliance with lending guidelines
Serve as liaison with customers, brokers, attorneys, and internal staff to resolve issues and coordinate closings
Prepare and maintain files for quality control audits and obtain corrected documentation as needed
Ensure compliance with all applicable federal, state, and local regulations, including the S.A.F.E. Act
Qualification
Required
Minimum of 3 years of mortgage loan processing experience
Strong knowledge of loan processing policies, procedures, and underwriting requirements
Excellent organizational, analytical, mathematical, and problem-solving skills
Effective verbal and written communication skills
Ability to register as a Mortgage Loan Originator under the S.A.F.E. Act
Working knowledge of Microsoft Word and Excel
Company
KBW Financial Staffing & Recruiting
KBW Financial Staffing & Recruiting is a staffing and recruiting company providing accounting and financial placement services. It is a sub-organization of BANKW Staffing.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Jason Alexander
Chief Revenue Officer (CRO)
Matt Nagler
Managing Partner
Recent News
NH Business Review
2026-01-17
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