Residential Loan Processor

Dieterich Bank•Effingham, IL

4d•Onsite

About The Position

Dieterich Bank is looking for a Residential Loan Processor to add to our corporate team in Effingham, IL! Dieterich Bank has approximately $1.5 billion in assets with 16 locations in South Central Illinois and the Metro East region, as well as a loan production office in South County, St. Louis. At Dieterich Bank, we're not just about banking - we're about building relationships and enhancing lives. Voted one of the best places to work in Illinois for seven consecutive years, we understand the importance of a fulfilling career that aligns with your values and commitments outside of work. That's why we're dedicated to providing a supportive, family-friendly environment where work-life balance is more than just a phrase - it's a reality.

Requirements

Must demonstrate our core values of Integrity, Value, Service Excellence, & Teamwork.
Knowledge of regulations (TRID, HMDA, QM, etc.)
Strong communication skills (verbal and written)
Ability to meet deadlines
Detail-oriented focus
Organizational skills
Ability to multitask
Ability to prioritize
Knowledge of Encompass and LaserPro or the ability to adapt quickly to new programs/software.
Relationship management skills
Proficient in Microsoft Office
Ability to maintain a high degree of accuracy
High school diploma or equivalent required
1-3 years of experience working in an administrative position

Nice To Haves

Associate's degree or higher in business, finance, or related field preferred
Experience with the banking or financial industry and residential loans preferred

Responsibilities

Process residential mortgage loans under various programs in a quality consistent with all company policies and procedures as well as meeting all regulatory requirements.
Monitors and ensure closing dates and company deadlines are met.
Produce loan documents accurately and in a timely manner by using Encompass, LaserPro, or other bank programs.
Prepare accurate early disclosures documents and closing documents.
Obtains and reviews necessary loan documentation and submits complete packages to underwriting for loan approval.
Obtains and verifies that all underwriting conditions are received and cleared by the underwriter and prepares the file for submission to the closing department.
Follow-up on missing information when necessary.
Review loan files for accuracy.
Communicate with loan officers and underwriters to ensure documents are accurate.
Communicate with third parties (title companies, employers, buyers, sellers, etc.)
Notify the relevant parties when the loan processing is complete.