Residential Loan Processor

We are looking for a detail-oriented Residential Loan Processor to join a fully onsite team in East Boston, Massachusetts. This Contract position focuses on supporting residential lending activities from initial intake through documentation and approval preparation. The ideal candidate will bring strong mortgage processing experience, confidence working within Encompass, and the ability to manage loan files accurately in a fast-paced environment.

Responsibilities:

• Manage residential loan files from submission through processing, ensuring each application is entered, organized, and advanced in a timely manner.
• Receive online loan submissions and establish complete files within the loan origination system, including initial setup and documentation tracking.
• Request and review key items such as credit reports, applications, and borrower documentation to support file completeness and accuracy.
• Prepare and issue required disclosures while maintaining compliance with internal standards and lending guidelines.
• Gather income and asset documents, including pay information and other supporting materials, to verify borrower qualification details.
• Compile financial data for loan evaluation, partner with leadership to review file calculations, and assist in preparing commitment documentation.
• Process a range of lending products, including residential and secondary market loans, while maintaining attention to quality and turnaround expectations.
• Hands-on experience in mortgage processing, with the ability to manage loan files through multiple stages of the cycle.
• Proficiency with Encompass is required.
• Working knowledge of residential lending products, including conventional and FHA loan programs.
• Familiarity with consumer lending concepts and documentation requirements.
• Experience using underwriting tools such as Desktop Underwriter (DU) and Loan Prospector (LP).
• Strong organizational skills with the ability to handle documentation, disclosures, and file review with accuracy.
• Ability to work fully onsite and collaborate effectively with managers and team members in a structured office setting.