Mortgage Loan Processor II

First Mid; Mattoon (IL); On-site; USD 45,000 - 65,000; Full time

Benefits offered by this job

Health, dental & vision with HSA match

401(k) with employer match

Employee Stock Purchase Plan

Generous PTO & paid holidays

Tuition reimbursement & bonuses

Job summary

First Mid Bancshares, Inc. is seeking a Mortgage Loan Processor II to coordinate all processing functions for mortgage loans and ensure regulatory compliance. You will interact frequently with customers and internal teams to maintain accuracy and timeliness.

Experience with Encompass is valued but not required. The role demands ownership of the process, attention to documentation, and the ability to work with multiple technology tools while meeting deadlines.

Qualifications

• High School Diploma or GED required.
• Minimum 1 year banking experience in lending operations.
• Strong communication and organizational skills.

Responsibilities

• Coordinate processing of HELOC and mortgage loan applications.
• Review data entry and verify data in LOS against records.
• Communicate with mortgage and bank personnel about documents and timelines.
• Attend trainings and assist with projects and daily tasks.

Skills

Interpersonal skills

Organizational skills

Computer literacy

Attention to detail

Education

High School Diploma or GED

Tools

LOS system

Credit verification tools

Fraud detection tools

Compliance resources

Job description

Position Summary

At First Mid, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of discretionary short-term incentives (i.e. bonus, incentives, and/or commission). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, tuition reimbursement, an Employee Stock Purchase Plan, and a 401K plan with company match. Incentives and benefits are subject to eligibility requirements.

Responsibilities include coordinating all processing functions of mortgage loans ensuring accuracy in documentation in accordance with regulatory requirements. This position will interact frequently with customers, both internal and external. Previous Encompass experience is desired but not required. Ownership and Accountability of the process are essential. Execute job responsibilities consistently with our Core Values - IMPACT.

Mortgage Loan Processor II

Responsibilities include, but are not limited to:

• Client Services: Responds to all requests- telephone/email/fax- concerning loan processing information required for Mortgage Loans
• Operations: Process HELOC/Mortgage Loan applications consistent with Department Policy and Procedure as well as all regulatory requirements. Steps to include but not limited to:
  • Review all Data Entry- update as required with verification of the data entered in the LOS
  • Understand and be proficient in using multiple technology applications- including but not limited to- credit, employment & asset verifications, PMI, fraud detection, compliance check and guideline resources.
  • Efficiently communicate with all parties including mortgage and/or bank personnel as it relates to documents; timelines; closings and important dates as loans move throughout the workflow process
  • Review and analyze all incoming loan documents for accuracy, consistency and readability
  • Understanding of Product/Portfolio guidelines for accurate verification of loan documents
  • Open and engaging dialogue and the workflow process
  • As needed, be able to order Loan Documentation thru 3 rd party sources
  • Assist with projects, training and daily tasks
• Miscellaneous
  • Attends training and educational classes as scheduled
  • Attends company meetings as scheduled, on-site or off-site, during or after normal work hours
  • Performs other duties as assigned

Qualifications

Education/Experience:

• Position requires High School Diploma and/or GED
• Minimum of 1+ year(s) of banking experience in lending operations or related experience.

Skills:

• Good interpersonal communication, filing and organizational skills required. Must be computer literate and detail oriented. High degree of confidentiality required and ability to work with deadlines

Total Rewards:

• Competitive health, dental & vision coverage with HSA match
• 401(k) with employer match + Employee Stock Purchase Plan
• Generous PTO, paid holidays & parental leave
• Tuition reimbursement & performance-based bonuses
• Visit our Total Rewards page to see our full list of benefits

First Mid Bancshares, Inc. is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT