Mortgage Loan Processor

Tri City National Bank; West Allis (WI); On-site; USD 38,572 - 46,838; Full time

Benefits offered by this job

401(k) with company match

Tuition reimbursement

Medical, dental, and vision coverage

Paid vacation

Job summary

Tri City National Bank seeks a Mortgage Loan Processor in West Allis, Wisconsin. This role involves preparing accurate loan files for underwriting while utilizing your expertise in various loan programs. You will work in a team-oriented environment focused on personal growth and customer satisfaction.

With a competitive hourly wage of $28.00 to $34.00 based on experience, we offer excellent benefits including 401(k) matching and tuition reimbursement. Join us to make a community impact and enjoy a fulfilling work-life balance.

Qualifications

• Must have experience with Freddie Mac or Fannie Mae guidelines.
• Ability to prioritize tasks while maintaining confidentiality.
• Proficient in handling compliance standards.

Responsibilities

• Process loans utilizing various loan programs for underwriting approval.
• Prepare initial disclosures to meet regulatory deadlines.
• Verify supporting documents to ensure file accuracy.
• Monitor daily pipeline reports and update involved parties on loan status.
• Stay current on Federal and State regulations.

Skills

5+ years in mortgage loan processing

Proficiency with mortgage processing software

Strong organizational skills

Excellent attention to detail

Ability to communicate professionally

Familiarity with real estate lending guidelines

Tools

MeridianLink LOS

Microsoft Office

Job description

Overview

Invest In You! Tri City National Bank is not just a bank; it's your community banking partner, deeply committed to prioritizing customers, building strong relationships, and fostering a sense of belonging. Our team-oriented environment offers exceptional opportunities for personal and professional growth, celebrating success, and providing excellent benefits along the way. We believe in unparalleled customer service and the right banking solutions to help fulfill financial dreams and contribute to community growth.

As a Mortgage Loan Processor, you’ll play a key role in preparing accurate, compliant loan files for underwriting approval. You’ll handle various loan types, ensure deadlines are met, and help customers achieve homeownership—all while navigating the latest industry tools and regulations

Compensation: $28.00 - $34.00 per hour depending on experience.

This position is located in office at our Operation Center in West Allis, WI.

Responsibilities

• Process loans utilizing FHA, VA, Conventional, WHEDA and other loan programs by reviewing documentation and submitting complete files for underwriting approval.
• Prepare initial disclosures and re-disclosures (per Regulation Z) to meet all regulatory deadlines.
• Verify supporting documents like appraisals, credit reports, income, title commitments, and flood determinations to ensure files are complete and accurate.
• Monitor daily pipeline reports, keeping track of commitment and rate expiration dates, and promptly updating loan officers on status changes.
• Professionally update loan officers, customers, and third-party vendors on loan status and any missing documentation.
• Stay current on Federal and State regulations (RESPA, Regulation Z, B, HMDA, ECOA, FCRA) and ensure all files meet compliance standards.
• Mentor less experienced team members and serve as backup for other processors as needed.
• Accurately enter required data in HMDA/CRA reports and handle adverse action applications.

Qualifications

• 5+ years in mortgage loan processing, including experience with Freddie Mac or Fannie Mae guidelines.
• Proficiency with mortgage processing software (MeridianLink LOS preferred) and Microsoft Office.
• Strong organizational skills with excellent attention to detail.
• Ability to professionally communicate with customers, staff, and third parties in a timely manner.
• Familiarity with real estate lending guidelines and federal compliance requirements.
• Ability to prioritize tasks, work independently, and meet deadlines while maintaining confidentiality.

Why Join Us

• Community Impact: Be part of a local bank deeply rooted in community values, contributing to the growth and prosperity of our neighborhoods.
• Innovation: Embrace a dynamic and evolving work environment that encourages fresh perspectives and continuous learning.
• Career Growth: Unlock future opportunities for personal and professional development as you navigate through our Pathways for Success.
• Celebration of Success: Join a team that values and celebrates individual and collective achievements.
• Work Life Balance: No early mornings or late nights, enjoy a predictable schedule with major holidays off.
• Great Employee Benefits that start on the 1st of the month after your hire date!
  • Part-Time:
    • 401(k) with company match**
    • Up to 20 hours of paid vacation after 6 months
  • Full-Time:
    • 401(k) with company match
    • Tuition reimbursement
    • Medical, dental, and vision coverage
    • Paid vacation and more!

Equal Opportunity Employer/Veterans/Disabled

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Reasonable Accommodation

If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact Human Resources at 414-761-1610 or [e-mail]

(**Must be 21 to enroll in 401(k), and must work an average of 20+ hours per week in order to be eligible for paid vacation.)