Loan Processing Assistant

Bluestone Bank

Bridgewater (MA)

On-site

USD 33,000 - 37,000

Full time

9 days ago

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Benefits offered by this job

Competitive salary with incentives
Comprehensive medical, dental, and vis
Employer-matching 401(k)
Tuition reimbursement and training
Paid time off, volunteer hours, 11 US‑

Job summary

Bluestone Bank is seeking a Mortgage Processor to review loan documents, coordinate with processors and underwriters, and ensure timely closings. The role involves data entry in the loan system, maintaining accuracy, and supporting multiple loan files in a high-volume environment.

The ideal candidate will have an Associate’s degree or higher in business, experience with ICE Encompass LO and POS tools, and strong communication skills.

Qualifications

  • Associate’s degree or equivalent in a business-related field preferred; High School diploma or equivalent required.
  • At least one year of experience in mortgage processing, origination, or closing; retail banking experience considered.
  • Experience with ICE Encompass LO and Point-of-sale software preferred.
  • Experience with Microsoft Office products (Outlook, Teams, Excel & Word).
  • Strong verbal and written communication skills; ability to manage multiple tasks and deadlines.

Responsibilities

  • Reviews all documentation for completeness and enters data into the loan origination system.
  • Communicates with loan processor for required documentation and follow-up to obtain items.
  • Assists in gathering information to clear underwriting conditions and resolves issues promptly.
  • Communicates with loan officer, processor, closer, title and insurance companies to ensure timely closings.
  • Interacts with loan applicants to facilitate point-of-sale tools and viewing electronic documents.
  • Keeps up-to-date with current industry standards.
  • Maintains accurate information in the loan processing system while handling a high loan volume.
  • Assists in reviewing procedures and outputs of more complex activities.
  • Provides coverage for loan processing/closing as requested.
  • Assumes additional responsibilities as needed.

Skills

MS Office
Multitasking
Verbal & written communication
Interpersonal skills

Education

Associate’s degree or equivalent (business-related)
High School diploma or equivalent

Tools

ICE Encompass Loan Origination
Point-of-sale software
Microsoft Office (Outlook, Teams, Excel, Word)

Job description

Description

Community. Security. Trust. This is the foundation on which Bluestone Bank is built. We've helped Southern New England prosper for over 150 years by providing responsible, relevant, and secure financial solutions. Whether our customer’s unique needs include finding a safe place to grow their savings, financing their next home, protecting their future, or building their business, we are here to help them reach their goals. Let’s get there, together!

In addition to being a great place to bank, Bluestone Bank is a great place to work! Named by the Boston Business Journal as a Best Places to Work in 2025, you are joining a team that cares about your career success and will also receive:

  • A competitive salary with performance-based incentives.
  • Comprehensive medical with deductible reimbursement, dental, and vision coverage.
  • An employer matching 401k plan.
  • Training and professional development opportunities, including tuition reimbursement.
  • Work life balance with paid time off, paid volunteer hours, and 11 paid holidays.
Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

  • Reviews all documentation received for completeness and ensures that appropriate data and documentation are entered in the loan origination system.
  • Communicates with loan processor regarding documentation needed to process the loan and maintain effective follow up to ensure receipt of needed documents.
  • Assists loan processor to gather information to clear underwriting conditions. Responds to inquiries and follows up with key individuals promptly to resolve problems.
  • Communicates directly with loan officer, loan processor, closer, title companies and insurance companies to ensure that loans close in a timely manner.
  • Communicates directly with loan applicants to ensure success with point-of-sale application tools and viewing electronic documents.
  • Stays up to date on all current, applicable industry standards.
  • Maintains complete and accurate information within the loan processing system while effectively managing a high volume of loans.
  • Assists in reviewing or ensuring proper documentation or procedures or output of more complex activities.
  • Provides assistance and coverage for loan processing and/or loan closing as requested.
  • Assumes additional responsibilities as requested.

The pay range for this position is $24.00 to $27.00 per hour and is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the salary range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, sales or revenue-based metrics, and business or organizational needs and affordability.

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and talk or hear, reach with hands and arms; and stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, and the ability to adjust focus.

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under federal, state, and local laws.

Requirements
  • Associate’s degree or equivalent education in a business-related field preferred. High School diploma or equivalent required.
  • At least one year of experience in a mortgage processing, origination and/or closing role preferred. Would consider candidates with progressively responsible customer facing retail banking experience.
  • Experience preferred in use of ICE Encompass Loan Origination and Point-of-sale software.
  • Experience in use of Microsoft Office products (including Outlook, Teams, Excel & Word).
  • Well-developed ability to manage multiple tasks/projects and deadlines simultaneously.
  • Strong verbal and written communication skills.
  • Effective time and resource management.
  • Strong interpersonal skills.
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