Wellesley Bank
  • Wellesley, MA, USA
  • Full Time

Reports to

Assistant Vice President, Senior Underwriter

Position Summary

This position supports the mortgage origination and operations functions of the Bank. The ideal candidate will provide support primarily as a loan processor with loan servicing duties.

Duties & Responsibilities

  • Supports all functions of the loan operations team
  • Assists with completion of loan applications to verify bank account balances, earnings, employment history, credit history reports application data is complete and meets established standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.
  • Process mortgage loan applications for various lenders and products: FNMA conforming, specialty portfolio, Home Equity Lines, construction permanent loans and jumbo loans
  • Work closely with all parties including the borrower, appraiser, attorney and lender to facilitate the loan application approval process
  • Utilize automatic underwriting systems such as DO to obtain loan approvals.
  • Ensure mortgage files are in 100% compliance with all state and federal regulations.
  • Prepare the Loan Estimate and Initial disclosures to be sent out to clients. Ensure disclosures are compliant with federal and state lending regulations.
  • Provides premier service to borrowers and any external business partners, including calls to credit bureaus and employers to verify accuracy of information etc.
  • Submits mortgage loan application files for underwriting approval
  • Performs administrative and/or clerical duties in support of the operations team
  • Complies with organizational standards, policies and procedures
  • Other duties as assigned.


  • Minimum 3 years processing experience
  • Familiar with TRID and other Federal and State Lending regulations
  • Familiar with Elliemae Encompass software (not required)
  • High school diploma or general education degree (GED) required
  • Excellent customer service, interpersonal and communication skills


  • Attention to detail
  • Organization and time management skills
  • Works well in a team environment
  • Proficient in Microsoft Word and Excel

Wellesley Bank is an Equal Opportunity Employer

Wellesley Bank
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