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FN
First National Bank of America
Residential Loan Processor
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Based on Michigan data
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What they do
A Loan Processor processes applications for bank loans including mortgage or commercial loans. Assists customers with the application process, organizes and reviews credit information or business financial reports, and puts together materials needed for loan underwriters to evaluate an application.
$43,000 / year median in Michigan
-26% projected decline
Job Description
First National Bank of America is seeking an organized and detail oriented Residential Loan Processor to join the Operations Team. This role will work closely with our sales team, brokers, and other third party providers to obtain documentation. The Residential Loan Processor entails the thorough preparation and evaluation of residential loan applications to be submitted to underwriting, ensuring their conformity with company standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment. Excelling in this position requires an above-average level of attention to detail, a meticulous concern for work precision, and a strong commitment to completing tasks promptly while adhering to a slightly faster-than-average pace.
Responsibilities:
Accurately condition a new loan submission within 24 hours, which includes but is not limited, credit, income and assets Provide regular updates to the broker partner Review records to ensure accuracyQualifications:
Excellent verbal and written communication skills to engage with brokers and internal teams effectively Strong problem-solving abilities to address transactional challenges. Exceptional organizational and time management skills to manage multiple responsibilities efficiently Competence in income calculation Encompass LOS experience a plus Employee benefits Medical- Multiple plans to choose from including HSA and traditional. Premiums as low as $0.00 Dental
- Premiums as low as $0.00 Vision
- Low premium Plan Discounted childcare Pet Insurance Paid Time Off (PTO) 401k with employer match Adjustable desks that can be raised or lowered to sit or stand At First National Bank of America , we are looking for exceptional individuals with a "servant's heart" or a natural humility that recognizes the importance of prioritizing others' needs.
Note:
These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties, and skills required for this job. First National Bank of America uses E-Verify to confirm employment eligibility as per E-Verify guidelines. First National Bank of America is an Equal Opportunity Employer. #LI-OnsiteBenefits
- Paid Time Off (PTO)
- 401(k) Plans
- Other Retirement and Savings
- Health Insurance