Mortgage Loan Processor

Mortgage · Kokomo, Indiana
Department Mortgage
Employment Type Full-Time
Minimum Experience Entry-level

Come join one of the Best Places To Work in Indiana! At Community First Bank of Indiana (CFB), new ideas, new technologies and new ways of thinking are driving our culture. Our core values are: Servant Leadership, Family, Client Focused, Community Involvement, and Integrity & Humility. We are a highly successful and growing bank that offers future advancement opportunities.


Position Summary:  

Mortgage Loan Processor is responsible for initiating and coordinating the administrative functions for the mortgage department in an effective manner. 


Classification: This position is a Full-Time non-exempt position who reports directly to the Mortgage Underwriter. Pay Grade 6.


Location: Howard Co- Kokomo, IN


Essential Functions: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


  • Process all initial loan documentation for mortgage, consumer, and various types of loans.  Maintain tracking system for insurance, mortgages, and all related documents.
  • Review all documents for underwriting stipulations and request documentation,

      clear conditions and prepare for final presentation.

  • Handle customer inquiries of their loans as well as maintain and service existing

accounts.  Research and resolve issues.

  • Process closing documents and review for regulatory compliance. May actually close loan files or assist with closing.    
  • Balance loan transactions and upload on system.
  • Responsible for scanning and maintaining final closed loan file. Perfecting file, preparing releases, etc.
  • Register & deliver files to the secondary market as required by their individual contracts. Register to MERS system.
  • Prepare and maintain HMDA file for regulatory compliance.
  • All other duties as assigned by supervisor.
  • Ability to work closely with lenders and handle multiple tasks at a time.

 

Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. 

 

Qualifications:

 

  • Ability to accurately prepare and process loan documents.
  • Ability to perform various types of administrative duties.
  • Knowledge of all types of mortgage lending
  • Ability to work well with others


Education & Experience:

 

  • High school diploma or GED equivalent required.
  • Previous experience with loan documents a plus.


Benefits:

  • Health, Dental, Vision Insurance
  • Bank Paid Life Insurance
  • Generous Matching 401(k) Retirement Plan
  • 3 weeks of Paid Time Off (immediate accrual)
  • Wellness Program
  • Competitive Salary
  • Annual bonus eligibility
  • Holiday Parties


CFB provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.


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  • Location
    Kokomo, Indiana
  • Department
    Mortgage
  • Employment Type
    Full-Time
  • Minimum Experience
    Entry-level