Consumer Loan Processor jobs in Minnesota

Consumer Loan Processor performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Being a Consumer Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Consumer Loan Processor ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Consumer Loan Processor works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

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Mortgage/Consumer Loan Processor
  • North American Banking Company
  • Woodbury, MN FULL_TIME
  • North American Banking Company is seeking an experienced individual for a full-time Mortgage Loan Processor position in our Woodbury office. This employee will contribute to the profitability and growth of North American Banking Company by providing quality credit and documentation support, loan file maintenance, and assistance to bank staff. Must possess excellent communication skills and enjoy working with people. Experience with Calyx and Laser Pro a plus.

    Orders credit bureau reports, flood determinations, title work, appraisals and conducts necessary searches and research prior to loan closing including loan application verification and background checks.

    Complete and maintain all paperwork for ongoing and new real estate loans.

    Prepares necessary mortgage loan documentation through Laser Pro software and/or Point. Including applications, disclosures, and closing documentation. Submits completed application and loans to underwriting for approval and ensures all items are obtained. Works with the underwriter to clear conditions.

    Prepares mortgage/real estate loan files and follows up with any missing documentation items, filings, etc.

    Works with compliance officer closely to complete loan compliance related reviews including HMDA and CRA.

    Maintains loan review log for new/renewal consumer and commercial RE loans and completes loan review.

    Maintains compliance record for all new/renewal/modifications for consumer loan files for internal audits.

    Inputs new loans on core system.

    Follows up on expiring insurance to receive updated insurance. Pays insurance invoices for

    loans that that we escrow insurance on.

    Answers bank telephone and provides customer service as needed.

    Works closely with clients and loan originator providing service for in house and secondary market loan files.

    Maintains compliance record for all new/renewal/modifications for consumer loan files for internal audits.

    Actively participates in bank sales promotions and activities, contributing to the achievement of bank established goals.

    Refers loan and investment prospects to the appropriate sales representative within the bank.

    Performs other duties as assigned.

    EDUCATION AND EXPERIENCE REQUIRED:

    Two to three years related experience and/or training. Previous mortgage processing skills are required.

    KNOWLEDGE/SKILLS/ABILITIES/PHYSICAL REQUIREMENTS:

    1. Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures or government regulations. Ability to effectively present information and respond to questions from groups of managers, clients, customers and the general public.

    2. Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

    3. Ability to apply commonsense understanding to carry out instructions furnished in written, oral or diagram form. Ability to deal with problems involving several variables in a multitude of situations.

    4. Ability to perform multiple tasks simultaneously, as well as being able to prioritize assigned duties.

    5. Strong attention to detail and accuracy.

    6. Knowledge of Microsoft Office, Word, ITI Software, Laser Pro Software, and Point.

    7. Knowledge of applicable bank compliance policies; Bank Secrecy Act, Regulation CC, Regulation E, Regulation DD, Regulation Z, Regulation H, RESPA, TRID, and HMDA.

    8. The work environment is typical for an office and does not require exposure to working conditions outside of a typical office environment.

    The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements and does not imply a contract.

    We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, disability, protected veterans, age, marital status, familial status or status with regard to public assistance, or any other characteristic protected by law. North American Banking Company encourages veterans, people with disabilities, and minorities to apply for employment.

    Job Type: Full-time

    Benefits:

    • 401(k)
    • 401(k) matching
    • Dental insurance
    • Health insurance
    • Health savings account
    • Life insurance
    • Paid time off

    Schedule:

    • 8 hour shift
    • Monday to Friday

    Education:

    • High school or equivalent (Preferred)

    Experience:

    • Fair Housing Regulations: 1 year (Preferred)
    • Loan Processing: 1 year (Preferred)

    Work Location: In person

  • Just Posted

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MORTGAGE/CONSUMER LOAN PROCESSOR, FT
  • North American Banking Company
  • Woodbury, MN FULL_TIME
  • Position Title: Mortgage/Consumer Loan Processor Department: Loan Department Location: On-Site Supervisor Title: VP Credit Administration POSITION SUMMARY Contributes to the profitability and growth o...
  • 9 Days Ago

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Loan processor
  • TEKsystems
  • Minneapolis, MN FULL_TIME
  • Description : Large Bank has 15 openings to support active mortgage refinance or purchase files. Once insurance documentation is received, a task is triggered to the review team. They would then follo...
  • 3 Days Ago

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Loan processor
  • TalentBridge
  • Minneapolis, MN FULL_TIME
  • Job Title : Loan Documentation Specialist Pay : $ 18-20 / hr Type : Contract to Hire Job Description : We are seeking a diligent and detail-oriented individual to join our team as a Loan Documentation...
  • 3 Days Ago

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Loan Processor
  • DHI Mortgage
  • Lakeville, MN FULL_TIME
  • D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality ...
  • 4 Days Ago

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Loan Processor
  • HomeTown Bank
  • Waconia, MN FULL_TIME
  • HomeTown Bank, a 9-time Star Tribune Top Workplace, is now hiring a Loan Processor at their Waconia location! As a Loan Processor at HomeTown Bank, you'll facilitate the credit approval process, manag...
  • 8 Days Ago

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Accounting Supervisor - Corp AP
  • Nelnet
  • Lincoln, NE
  • Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student lo...
  • 3/28/2024 12:00:00 AM

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Sr. Lease Processor
  • Stellantis Financial Services
  • Addison, TX
  • Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a m...
  • 3/28/2024 12:00:00 AM

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Lease Processor II
  • Stellantis Financial Services
  • Addison, TX
  • Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a m...
  • 3/28/2024 12:00:00 AM

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Loan Processor
  • CrossCountry Mortgage, LLC.
  • Brooklyn, NY
  • Description CrossCountry Mortgage (CCM) is one of the nation's top 3 retail mortgage lenders with more than 7,000 employ...
  • 3/28/2024 12:00:00 AM

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Consumer Loan Processor
  • HFS Financial LLC
  • Reisterstown, MD
  • Job Description Job Description Process consumer loan applications and associated documents(NO MORTGAGES) · Ex: Income a...
  • 3/26/2024 12:00:00 AM

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Consumer Loan Processor I
  • Educational Federal Credit Union
  • Miami, FL
  • Job Summary: This position is primarily responsible for gathering pending documentation/information from applicants, pre...
  • 3/26/2024 12:00:00 AM

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Consumer Loan Processor
  • Kirtland Federal Credit Union
  • Albuquerque, NM
  • Job Description Job Description Working at Kirtland CU is more than a job-it's a career! We pride ourselves on helping o...
  • 3/25/2024 12:00:00 AM

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Consumer Loan Processor
  • PSFCU
  • Fairfield, NJ
  • Polish & Slavic Federal Credit Union is committed to supporting our employees' overall wellbeing by providing valuable b...
  • 3/24/2024 12:00:00 AM

Minnesota (/ˌmɪnɪˈsoʊtə/ (listen)) is a state in the Upper Midwest and northern regions of the United States. Minnesota was admitted as the 32nd U.S. state on May 11, 1858, created from the eastern half of the Minnesota Territory. The state has a large number of lakes, and is known by the slogan the "Land of 10,000 Lakes". Its official motto is L'Étoile du Nord (French: Star of the North). Minnesota is the 12th largest in area and the 22nd most populous of the U.S. states; nearly 60% of its residents live in the Minneapolis–Saint Paul metropolitan area (known as the "Twin Cities"). This area i...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Processor jobs
$43,262 to $55,670

Consumer Loan Processor in Bridgeport, CT
This individual assists with both the preparation and the packaging of the loan, and will take an active role in screening applicants.
January 19, 2020
Consumer Loan Processor in Fort Lauderdale, FL
Our 24/7/365 real time recruiting engine is state of the art and has allowed our organization to obtain elite vendor status at local clients such as BCBSM, HAP, General Motors, OnStar, Flagstar, Comerica, Delta Dental, Consumers Energy, Jackson National Life, and Carhartt.
February 18, 2020
Consumer Loan Processor in Harlingen, TX
Assist members and credit union staff via telephone and email to provide support and ensure regulatory compliance throughout the loan process. Follow up with necessary parties to discuss next steps as well as request necessary information/documents needed to close the loan.
January 26, 2020