Mortgage Loan Processor II

First Mid Bancshares, Inc.; Mattoon (IL); On-site; USD 42,000 - 64,000; Full time

Benefits offered by this job

Healthcare benefits

PTO

401(k) with company match

Employee Stock Purchase Plan

Tuition reimbursement

Paid family leave

Job summary

First Mid Bancshares, Inc. in Mattoon, IL is seeking a Mortgage Loan Processor to coordinate all processing functions of mortgage loans, ensuring accuracy and regulatory compliance. The role involves frequent interaction with customers and requires attention to detail and strong confidentiality.

The position supports a Total Rewards program with opportunities for discretionary incentives and a comprehensive benefits package. Prior Encompass experience is desirable, though not required.

Qualifications

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

Responsibilities

• Coordinate all processing functions of mortgage loans ensuring accuracy in documentation and regulatory compliance.
• Interact frequently with customers, both internal and external.
• Process HELOC and Mortgage Loan applications in accordance with department policies and regulatory requirements.
• Review and analyze loan documents for accuracy, readability and compliance.
• Assist with projects, training and daily tasks; participate in meetings as scheduled.

Skills

Interpersonal communication

Filing

Organizational skills

Computer literacy

Attention to detail

Deadline driven

Confidentiality

Education

High School Diploma or GED

Tools

Encompass

Loan Origination System (LOS)

Job description

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

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 able to 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
• 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