Senior Loan Processor

Company Description

Milford Federal Bank provides a comprehensive range of financial services, including savings accounts, certificates, checking accounts, home mortgages, and consumer loans. With a focus on owner‑occupied home mortgages, the bank is dedicated to delivering sound financial products to residents within Massachusetts, Rhode Island, and Northern Connecticut. Known for its history of outstanding customer service, Milford Federal is a trusted financial partner in the community.

The bank values its lasting relationships with customers and works to meet their financial needs effectively.

This is a full‑time hybrid role for a Senior Loan Processor, based in Milford, MA, with the option to work from home on occasion. The Senior Loan Processor will be responsible for reviewing and verifying loan documentation, ensuring compliance with underwriting guidelines, and coordinating loan closings. Day‑to‑day tasks will include processing mortgage and consumer loans, maintaining accurate records, and communicating with customers as well as other professionals to facilitate smooth loan transactions.

This role requires close attention to detail, strong organizational skills, and the ability to manage multiple deadlines effectively.

• Proficiency in reviewing and preparing Loan Documents and managing all aspects of Loan Processing
• In‑depth knowledge of Loans and experience with Underwriting procedures
• Strong Communication skills, both verbal and written, to interact effectively with customers and team members
• Demonstrated ability to maintain accuracy and attention to detail in a fast‑paced environment
• Proficiency with loan processing software and other relevant technology
• Prior experience in the banking or financial services industry is highly beneficial
• Ability to work independently in a hybrid work environment, with reliable problem‑solving skills
• Associate degree or equivalent experience in finance, business administration, or a related field