Loan Processor

Fleetwood Bank•Fleetwood, PA

1d•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! Fleetwood Bank offers a competitive benefit and salary package, including generous PTO, 401k plan with company match, and 100% company paid health and insurance benefits for employees. 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.