Loan Processor

The Loan Processor I is a member of the Loan Operations Department and is responsible for performing residential mortgage and consumer loan processing in an efficient and expedient manner. This position is 100% in-office.

Primary Responsibilities:

• Assembles residential mortgage and consumer loan files for processing, including the preparation and delivery of all necessary disclosures.


• Orders real estate appraisals, lien searches, credit bureau reports, flood certifications, and title insurance as needed.


• Schedules closings: coordinating lender, customer, and title company. Provides fees and payoffs to the title company.


• Prepares all required loan closing documents including proper regulatory disclosures.


• Preparescommitment letters for all residential mortgages.


• Calculates initial deposits for residential mortgage and consumer transactions where real estate taxes and insurance are escrowed. Prepares loan disbursement checks.


• Coordinates compliance efforts with the Consumer Credit Services Manager for residential mortgage and consumer credits.


• Maintains a current knowledge of laws and regulations which impact residential mortgage and consumer lending areas.

Prepares records and reports as needed including mortgage loan pipeline and ALCO reports weekly.

Qualifications:

Education/Training: A High School Diploma or equivalent is required, related degree preferred.

Experience: A minimum of one year baking experience or equivalent.

Skills: Knowledge of Encompass Mortgage Loan Origination System & knowledge of industry regulations and mortgage processing preferred, but not required. Proficient reading, writing, grammar, and mathematics skills required.

Fleetwood Bank is an equal opportunity employer. We offer a welcoming and inclusive environment in service to one another, our products, and the communities we call home.