Loan Processor

Fleetwood Bank • Fleetwood, PA

1d • $17 - $20 • Onsite

About The Position

Invest in your career with Fleetwood Bank! Fleetwood Bank is currently seeking a full-time Loan Processor. At Fleetwood Bank, we believe banking should be personal & rooted in trust. For over 100 years we've been more than a financial institution - we've been a neighbor, a partner, and a champion for local dreams. Whether it's helping a small business open it's doors, guiding a family through their first mortgage, or supporting community projects, we're here to make a difference where it matters most: right here at home. Our employees live, work, and play in our community and we are proud to be the only bank headquartered in Berks County! The Loan Processor I is a member of the Loan Operations Department and is responsible for performing residential mortgage and consumer loan processing in an efficient and expedient manner. This position is 100% in-office.

Requirements

• A High School Diploma or equivalent is required
• A minimum of one year baking experience or equivalent.
• Proficient reading, writing, grammar, and mathematics skills required.

Nice To Haves

• related degree preferred
• Knowledge of Encompass Mortgage Loan Origination System
• knowledge of industry regulations and mortgage processing preferred, but not required.

Responsibilities

• Assembles residential mortgage and consumer loan files for processing, including the preparation and delivery of all necessary disclosures.
• Orders real estate appraisals, lien searches, credit bureau reports, flood certifications, and title insurance as needed.
• Schedules closings: coordinating lender, customer, and title company. Provides fees and payoffs to the title company.
• Prepares all required loan closing documents including proper regulatory disclosures.
• Prepares commitment letters for all residential mortgages.
• Calculates initial deposits for residential mortgage and consumer transactions where real estate taxes and insurance are escrowed. Prepares loan disbursement checks.
• Coordinates compliance efforts with the Consumer Credit Services Manager for residential mortgage and consumer credits.
• Maintains a current knowledge of laws and regulations which impact residential mortgage and consumer lending areas.
• Prepares records and reports as needed including mortgage loan pipeline and ALCO reports weekly.

Benefits

• generous PTO
• 401k plan with company match
• 100% company paid health and insurance benefits for employees

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED