Loan Processor

Job Description

Job Description

Invest in your career with Fleetwood Bank!

Fleetwood Bank is currently seeking a full-time Loan Processor

At Fleetwood Bank, we believe banking should be personal & rooted in trust. For over 100 years we've been more than a financial institution - we've been a neighbor, a partner, and a champion for local dreams. Whether it's helping a small business open it's doors, guiding a family through their first mortgage, or supporting community projects, we're here to make a difference where it matters most: right here at home. Our employees live, work, and play in our community and we are proud to be the only bank headquartered in Berks County!

Fleetwood Bank offers a competitive benefit and salary package, including generous PTO, 401k plan with company match, and 100% company paid health and insurance benefits for employees.

The Loan Processor I is a member of the Loan Operations Department and is responsible for performing residential mortgage and consumer loan processing in an efficient and expedient manner. This position is 100% in-office.

Primary Responsibilities:

• Assembles residential mortgage and consumer loan files for processing, including the preparation and delivery of all necessary disclosures.
• Orders real estate appraisals, lien searches, credit bureau reports, flood certifications, and title insurance as needed.
• Schedules closings: coordinating lender, customer, and title company. Provides fees and payoffs to the title company.
• Prepares all required loan closing documents including proper regulatory disclosures.
• Preparescommitment letters for all residential mortgages.
• Calculates initial deposits for residential mortgage and consumer transactions where real estate taxes and insurance are escrowed. Prepares loan disbursement checks.
• Coordinates compliance efforts with the Consumer Credit Services Manager for residential mortgage and consumer credits.
• Maintains a current knowledge of laws and regulations which impact residential mortgage and consumer lending areas.

Prepares records and reports as needed including mortgage loan pipeline and ALCO reports weekly.

Qualifications:

Education/Training: A High School Diploma or equivalent is required, related degree preferred.

Experience: A minimum of one year baking experience or equivalent.

Skills: Knowledge of Encompass Mortgage Loan Origination System & knowledge of industry regulations and mortgage processing preferred, but not required. Proficient reading, writing, grammar, and mathematics skills required.

Fleetwood Bank is an equal opportunity employer. We offer a welcoming and inclusive environment in service to one another, our products, and the communities we call home.

All job offers are contingent upon completion of a criminal background check.