Mortgage Loan Administrator

Ledyard National BankLebanon, NH
1dHybrid

About The Position

Under general supervision and in accordance with established policies, you’ll process loan applications from initial file setup through closing—including new mortgages, home equity loans, and construction loans. You’ll establish loan files, order and track required documentation (verifications, appraisals, flood certifications, legal work), generate and re-disclose Loan Estimates and Closing Disclosures, prepare commitment letters and investor packages, run APRs after rate pricing, and maintain accurate, complete records across all relevant systems. You’ll monitor loan conditions per the commitment letter, update application documents per investor and regulatory requirements, prepare Adverse Action as directed, and back up the closer in assembling closing packages—always delivering courteous, professional service to borrowers, brokers, attorneys, and internal partners while complying with all regulatory standards (including BSA/AML). This position is a hybrid with a primary location at the operations center in West Lebanon, NH.

Requirements

  • Detail-driven
  • Organized communicator
  • Strong math skills
  • Proficiency in mortgage processing software
  • Ability to prioritize multiple deadlines
  • Uphold documentation accuracy
  • HS diploma or GED required
  • Minimum two years of progressive banking experience (in lieu of formal education) required

Nice To Haves

  • AA/BS in business, finance, or accounting preferred
  • Familiarity with secondary market requirements
  • Rate lock redisclosures
  • Cross-training across departmental functions

Responsibilities

  • Process loan applications from initial file setup through closing—including new mortgages, home equity loans, and construction loans.
  • Establish loan files, order and track required documentation (verifications, appraisals, flood certifications, legal work)
  • Generate and re-disclose Loan Estimates and Closing Disclosures
  • Prepare commitment letters and investor packages
  • Run APRs after rate pricing
  • Maintain accurate, complete records across all relevant systems
  • Monitor loan conditions per the commitment letter
  • Update application documents per investor and regulatory requirements
  • Prepare Adverse Action as directed
  • Back up the closer in assembling closing packages
  • Deliver courteous, professional service to borrowers, brokers, attorneys, and internal partners while complying with all regulatory standards (including BSA/AML).

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

High school or GED

Number of Employees

51-100 employees

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