Senior Mortgage Loan Processor

Kensington Bank•Willmar, MN

7d•Onsite

About The Position

At Kensington Bank, we believe banking is more than transactions - it's about building meaningful relationships and making a positive difference for our customers, our coworkers, and the communities we serve. We're always looking for people who share that passion, so if that is you, we'd love to meet you! We're currently looking for a Senior Mortgage Loan Processor to join our Willmar branch. This is a great opportunity for detail-oriented, organized professional, who enjoys working behind the scenes to ensure a smooth and accurate lending experience for home buyers!

Requirements

High school diploma or equivalent required; associate or bachelor's degree preferred
3+ years of experience in mortgage processing, underwriting coordination, closing, or secondary market functions.
Experience in a community bank or similar lending environment preferred.
Experience managing loans from application through sale is strongly preferred.
Strong knowledge of mortgage processing, underwriting workflow, closing, post-closing, and secondary market guidelines.
Familiarity with investor requirements (Fannie Mae, Freddie Mac, FHA, VA, USDA).
Understanding of TRID, RESPA, and mortgage compliance regulations.
Experience with loan origination systems (e.g., Meridian Link, Encompass, or similar).
Excellent attention to detail and organizational skills.
Ability to prioritize tasks and meet multiple deadlines.
Available to travel as business needs require.
This job requires skills needed in a typical office environment. This includes computer skills, communications skills, as well as utilization of office equipment.

Responsibilities

Be responsible for managing the full lifecycle of residential mortgage loans, including processing, submission to underwriting, clearing conditions, coordinating closings, and delivering loans to the secondary market.
Accurately prepare loan documents and review for compliance.
Build loans within our core system, ensuring all data is complete and correct.
Collaborate with appropriate resources to assist in resolving customer inquiries and providing timely updates regarding loan status as needed.
Assist with the coordination of loan closings and funding, ensure that all loan fees and invoices are processed.
Follow all bank policies, procedures, and regulatory guidelines to maintain compliance and operational excellence.