Mortgage Loan Processor & Closer

Mortgage Loan Processor/Closer

First Federal Savings Bank | On-Site Position

First Federal Savings Bank is seeking an experienced Mortgage Loan Processor/Closer to join our team. The successful candidate brings hands-on residential mortgage processing and closing experience, works independently, and manages multiple loans accurately in a deadline-driven environment.

As a community bank serving customers for over 130 years, we value accuracy, organization, teamwork, and exceptional customer service.

Key Responsibilities

• Process residential mortgage loans, including conventional, FHA, VA, and construction loans, from application through closing; review documentation for accuracy, completeness, and compliance with applicable requirements.
• Prepare and review loan estimates and related disclosures when assigned processing duties, coordinate documentation and underwriting conditions with loan officers, underwriters, borrowers, and other parties.
• Prepare, review, and issue initial, revised, and final closing disclosures in accordance with applicable TRID requirements and disclosure deadlines.
• Prepare and review closing documentation and packages; verify loan terms, fees, figures, and closing instructions, and coordinate closing requirements with settlement agents and other parties.
• Coordinate and execute mortgage loan funding activities, including verifying funding conditions and documentation and arranging accurate, timely disbursement of loan proceeds.
• Complete accurate loan boarding and required loan setup in applicable systems following closing.
• Research and resolve closing-related documentation discrepancies and corrections identified during the separate post-closing review process.
• Maintain complete and accurate loan records; communicate status, documentation needs, and deadlines promptly and professionally.
• Manage multiple files and competing priorities independently while meeting established quality, service, and compliance expectations.
• Perform other related duties as assigned.

Required Qualifications

• Minimum three years of hands-on residential mortgage experience, including direct experience in both mortgage loan processing and closing.
• Demonstrated experience preparing closing disclosures, closing packages, and funding documentation and coordinating residential mortgage closings.
• Experience with conventional, FHA, VA, and construction mortgage loans.
• Working knowledge of TRID disclosure requirements, mortgage documentation, loan origination systems, and applicable lending regulations.
• Strong attention to detail, organizational skills, communication, time management, and problem-resolution abilities.
• Ability to manage multiple priorities, meet deadlines, and work independently with minimal supervision.

Preferred Qualifications

• Experience with Encompass loan origination software.
• Hands-on experience with mortgage loan funding and boarding.

Why Join First Federal?

• Monday-Friday schedule.
• Jean Fridays with a First Federal polo provided.
• Employee wellness program.
• Paid holidays, vacation, sick time, birthday, and work anniversary.
• Comprehensive benefits, including medical, dental, vision, life insurance, disability coverage, and a 401(k) with employer matching.

Compensation

Pay Range: $25.00-$30.00 per hour, depending on education and experience.

First Federal Savings Bank is an Equal Opportunity Employer. Submission of an application or resume is not a guarantee of employment.

Salary: $25.00 - $30.00 per hour