Detail-Oriented Real Estate Mortgage Processor

Deerwood Bank; Minnesota; On-site; USD 34,000 - 41,000; Full time

Benefits offered by this job

Medical insurance

Health Savings Account

Flexible Spending Account

Vision insurance

Life insurance

Short-term disability

Long-term disability

PTO

Paid holidays

401(k) with company match

Job summary

Deerwood Bank is seeking a Real Estate Loan Processor to manage timely processing of real estate loan files across several Minnesota branches. You will input data, verify borrower information and collaborate with loan officers, underwriters, and funders to move files toward closing.

The role demands meticulous records, regulatory compliance (TILA, HMDA), and exceptional customer service in a fast-paced environment. Monday–Friday schedule applies with competitive real pay rates.

Qualifications

• 2+ years of mortgage experience in a high-volume fast-paced environment.
• Provide excellent customer service and work in a team environment.
• Ability to prioritize and make ‘on-the-spot’ decisions that impact the customer, weighing customer satisfaction with exposure to loss or fraud.
• In-depth knowledge of mortgage process.
• Strong organizational skills and attention to detail.
• Excellent oral and written communication skills.
• Display independent judgement.

Responsibilities

• Review and process loan documents, including FNMA guidelines, contracts and disclosures to ensure accuracy and compliance with TILA regulations.
• Handle loan origination tasks such as inputting data into mortgage systems, verifying borrower information and preparing necessary documentation for underwriting.
• Collaborate with underwriters and loan officers to facilitate smooth processing workflows.
• Monitor the timing of the delivery of disclosures to ensure they are delivered within appropriate timeframes based on the method of delivery for all types of mortgage lending products based on the regulatory timing requirements and customer expectations.
• Ensure disclosures are compliant and accurate.
• Monitor rate lock and closing dates.
• Validate the compliance of change in circumstance scenarios and re-disclosures as well as review the calculated fees for each change in circumstance scenario.
• Ensure all transactions comply with federal regulations such as TILA and applicable banking standards while maintaining meticulous records for audit purposes.
• Adhere to HMDA regulations.
• Must stay current on all applicable product guidelines, processes, government regulations, and industry compliance best practices.
• Must build and maintain positive relationships with all customers, potential customers, co-workers, and investors.
• Willingly perform all other duties and projects as assigned as well as providing back up to other positions within the Mortgage Department.
• Strong organizational skills with attention to detail to ensure error-free transactions handling.
• Help clearing conditions quickly and pro-actively to move file forward to closing.

Skills

Mortgage experience

Attention to detail

Customer service

Time management

Job description

Deerwood Bank is seeking a Real Estate Loan Processor to manage timely processing of real estate loan files across several Minnesota branches. You will input data, verify borrower information and collaborate with loan officers, underwriters, and funders to move files toward closing.

The role demands meticulous records, regulatory compliance (TILA, HMDA), and exceptional customer service in a fast-paced environment. Monday–Friday schedule applies with competitive real pay rates.