VP, Loan Officer

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 commission-based compensation package.
• Comprehensive medical with deductible reimbursement, dental, and vision coverage.
• An employer matching 401k plan.
• Training and professional development opportunities, including tuition reimbursement.

The Loan Officer is responsible for soliciting, negotiating, and preliminary qualification of residential 1st and 2nd mortgages; home equity lines of credit; construction loans; and chattel loans in compliance with the Bank’s policies and procedures and accepted secondary market loan standards, as applicable, and related laws and regulations. The Loan Officer assists customers in identifying and securing a mortgage loan that is appropriate for their individual financial circumstances and designed to help them achieve their financial goals.

Promotes quality mortgage loan customer service and related activities; engages in business development opportunities; develops good customer relationships; and markets and cross-sells other banking products. The position is also responsible for attaining established individual, department and Bank sales goals through active participation in sales team and referral programs.

Promotes the bank and its lending services to the real estate community and helps to identify and serve the overall community’s financial needs through home loan counseling, home buyer workshops, real estate agent seminars and sales meetings, and by participating in and promoting the bank’s community activities.

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

• Personally interviews all loan applicants, reviews their financial information, provides advice about loan alternatives in light of the applicants’ circumstances, and determines the most appropriate loan program for their specific needs and qualifications.
• Informs prospective borrowers of the bank’s underwriting guidelines and applicable government and secondary market regulations.
• Preliminarily qualifies the loan requests based on bank policies, secondary market guidelines, and government loan regulations, as applicable, based on the type of loan requested.
• Completes each loan application to detail each borrower’s financial capacity and all related pre-processing functions.
• Monitor progress of most complex loan applications through to closing and serve as communications link to customer, as needed.
• Communicates complex approvals or denials to the borrower, real estate agent or builder.
• Promotes and participates in the bank’s special credit programs and other CRA programs by actively seeking qualified applicants.
• Actively participates in local business and community functions and maintains close contact with local builders, real estate brokers and agents, customers and prospects.
• Keeps abreast of new product offerings and opportunities and advises management of findings; keep abreast of new regulations and legislation that may affect the bank’s residential lending policies.
• Distributes marketing and general loan…