Loan Processor

As Loan Processor you will prepare and process new loans documents, load loan documentation in online system, audit loan files for missing collateral and documentation, and tracks exception items.

Additional duties include:

Loan Processing:
- Provide loan processing for second mortgage real estate loans. This involves
verification, underwriting support, document preparation, and input onto the
core system, all of which will result into a complete and accurate loan file
acceptable to bank regulations.
- Prepare documents for Commercial/Ag loans including participation
documents.
- Prepare and process extensions/modifications for all loan types and
maintenance core system appropriately.
- Input personal installment loans onto core system and conduct follow-up
expectations.
- File mortgages, UCC's, and assure placement of First Bank's lien on auto titles.
- Pay third party bills related to real estate transactions and coordinate final title
opinions.
- Responsible for maintaining loans in pending for progress.
- Checkback loans and maintenance of loans to fulfill the dual control
checkback process.
- Process denied and withdrawn loans for ag/commercial, second mortgages
and personal installment loans.

Loan Servicing:
- Process the distribution of escrowed homeowners, flood and private
mortgages insurance
- Process paid off loans by preparing and recording mortgage releases,
releasing liens on titles or other items of collateral.
- Prepare and/or quote payoffs for retail loans in a timely manner consistent
with regulations.
- Monitor and track adequate placement of insurance coverage on collateral to
adhere to regulations. If insufficient, force place insurance. This includes flood,

mortgage and auto insurance/ pay force placed invoice and reconcile to
applicable GL.
- Conduct loan maintenance for all loan types that is requested via a Loan
Maintenance e-form.
- Process monthly floor plan interest payments for dealerships.
- Monitor and track property values assuring that they are entered into the core
system.
- Manage wire requests for payments and advances to and from other
participating banks while assuring the Investor Remittance Sold GL# is
balanced.

Department Servicing:
- Balance loans in process GL and review loans reports to look for items that
need to be addressed.
- Balance QuickBooks account daily and reconcile bank statements for filing
fee accounts and escrow accounts.
- Scan and index all retail loan documents in a timely manner so as to not
interfere with department production.
- Distribute department mail.

Other:
- As part of the overall Bank's team of employees, this position is requested to
help the other departments when needed.
- Responsible for ensuring customer service is provided in a high-quality
manner.
- Additional work hours may be required during time of high loan volumes.
- Other duties as assigned.

Education/Experience:
- Minimum: High school diploma or equivalent
- Loan processing, document preparation or underwriting experience preferred
- Basic accounting experience preferred

Hours are Monday through Friday 8am to 4:30pm with occasional Saturdays.

Apply online today!

EOE, including disability/vets