Mortgage Loan Processor: Real Estate Closings & Docs

Midwest Bank; Barnesville (MN); On-site; USD 42,000 - 52,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Disability insurance

Life insurance

Paid time off

401K Plan with Employer Match

Cash Bonus Program

Job summary

Midwest Bank is seeking a detail‑oriented Loan Support Specialist to coordinate and schedule processes, prepare documents, and assemble loan packages for origination, closing, and secondary market activities. You will enter loan applications, obtain quotes, and ensure timely processing.

In this role you will maintain loan accounts, respond to lenders and customers, and uphold privacy and regulatory standards.

Qualifications

• High attention to detail.
• Strong clerical and computer skills.
• Ability to work in a fast paced environment and under pressure.

Responsibilities

• Enters real estate loan application information in appropriate software system.
• Obtains quotes on necessary title work associated with loan packages.
• Orders/obtains credit reports, flood certifications, appraisals, title work, verifications of employment and deposits, homeowner’s insurance documentation, and other documentation as needed.
• Prepares required early disclosures and sends them to customers.
• Maintains log of file information received and reviews log at weekly meeting.
• Prepares all necessary documents for closing packages using the appropriate loan preparation software, reviews documents for accuracy prior to closing, assembles loan closing package, and facilitates delivery of package to Title companies and/or Mortgage Loan Officer.
• Complete pre-closing reviews of secondary market files within secondary market department.
• Ensures compliance with Mortgage Electronic Registration Systems (MERS) for secondary market loans.
• Prepares loan documents for in-house real estate loans in que as capacity allows.
• Works with title company to facilitate the delivery of funds for construction draws.
• Reviews all contractor bids and draw requests associated with construction loans.
• Disburses loan funds, preparing, and inputting all necessary entries. Facilitate investor funding of secondary market loans by inputting information on appropriate website and preparing proper entries.
• Send original secondary market real estate notes, mortgages, and final title policies to appropriate holder(s).
• Scans files for Bank’s internal use and facilitates shipping of notes, mortgages, and final title policies to loan servicer.
• Uploads, builds and maintains loan accounts on the Bank’s customer information software system.
• Scans loan documents into electronic records system.
• Maintains systems to track required documentation. Consistently follows up on pending loan and exception items including ticklers.
• Answers lenders and customers’ questions regarding loans and loan payments.
• Orders custom documents when needed.
• Reviews and initials off on HMDA reports prepared by lender.
• Performs office duties as assigned by Loan Officer(s) and Branch President.
• Responsible for protecting the privacy of sensitive business and customer information by following all confidentiality, security, and safeguarding customer information policies and control procedures
• Other projects and responsibilities may be added at the company's discretion.

Education

Technical college education

Job description

Midwest Bank is seeking a detail‑oriented Loan Support Specialist to coordinate and schedule processes, prepare documents, and assemble loan packages for origination, closing, and secondary market activities. You will enter loan applications, obtain quotes, and ensure timely processing.

In this role you will maintain loan accounts, respond to lenders and customers, and uphold privacy and regulatory standards.