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BENCHMARK BANK

Mortgage Loan Processor

Pay: $65,000/yr

Posted: 2 weeks ago

Location: Plano, TX (Hybrid)

Last Updated: 2 hours ago

Hours: Full-Time

Expires: 10/16/2026

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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.

$43,957 / year median in Texas

-6% projected decline

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Job Description

JOB DESCRIPTION POSITION

Mortgage Loan Processor

DEPARTMENT

(S): Loan Operations

EXEMPT STATUS

Non-Exempt Salary Position

LOCATION

Plano HOURS:

8:30am - 5:30pm

REPORTS TO

Mortgage Lending VP The Mortgage Loan Processor will work alongside VP, Mortgage Loan Officers, and Credit Analysts to streamline the mortgage loan process and ensure a smooth mortgage loan transaction for Benchmark Bank customers.

MAJOR DUTIES AND RESPONSIBILITIES

Review file for missing documentation per processing checklist
Order appraisal, flood certificate, title commitment, verifications, and payoff statements
Upload loan documentation into Encompass
Daily monitoring of loan documentation for all loans in pipeline to ensure scheduled closing date is met
Daily communication with Mortgage Loan Officer regarding missing documentation
Regular communication with borrowers regarding necessary documentation and file status
Coordinate with Credit Analyst for preparation of Loan Memorandum for Loan Committee approval
Upload loan information from Encompass processing system to Director documentation system
Prepare file for submission to underwriter
Prepare file for closer/funder
Assist in post-closing loan review and HMDA compliance review

ENTRY LEVEL SKILLS AND ABILITIES

Bachelor's Degree preferred, or 2 years of related experience
Excellent time management and organizational skills
Strong communication skills, verbal and written
Represent the bank in a courteous and professional manner

Pay:

From $65,000.00 per year

Benefits:

401(k) 401(k) matching Dental insurance Employee assistance program Flexible spending account Health insurance Health savings account Life insurance Paid time off Parental leave Referral program Retirement plan Tuition reimbursement Vision insurance

Work Location:

Hybrid remote in Plano, TX 75024

Benefits

Paid Time Off (PTO)
Financial Aid/Assistance
401(k) Plans
Other Retirement and Savings