Mortgage Loan Processor

1 month ago


New Ulm, United States Frandsen Bank Full time

Frandsen Bank & Trust has an exciting opportunity to work as a Mortgage Loan Processor at our New Ulm, MN or Arden Hills, MN locations. Key Responsibilities of the job include the following:

Essential Duties

  • Act as primary contact for processing of consumer in-house and secondary market real estate loans.
  • Gather and organize loan file documentation including all necessary documents for processing and underwriting real estate loans.
  • Verify loan documents for accuracy and compliance.
  • Generate early disclosures within regulatory timeframe.
  • Orders title work, evaluations within the loan operating system and provides Originator with file status updates of such orders.
  • Completed verification of employment.
  • Provides loan file and pipeline updates to lenders.
  • Provides support and acts as a resource for Loan Products and Loan Policy.
Education
  • An associates degree or higher from an accredited college or university. This may be substituted with two years of work experience in the loan and mortgage industry
Experience
  • Knowledge within Encompass and/or LaserPro software is preferred


Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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