Residential Loan Processor
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.
Benefits
- Group Health Insurance
- Group Dental & Vision Insurance
- Life, AD&D & LTD Insurance
- 401(k) Plan - Employer matching available
- Employee Assistance Program+
- Discretionary Profit Sharing Plan
- Discretionary Bonus Plan
- Profit Sharing Plan
- Paid Time Off (Holidays, sick time, personal time, and vacation)
- 8 hours of paid time volunteer with a charity of their choice.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
