Loan Processor

Full Time
Ottawa, IL 61350
Posted Today
Job description

First Federal Savings Bank is hiring a Mortgage Loan Processor/Closer! We are seeking a candidate to assist in our fast-paced mortgage processing and closing department.

This position is onsite at our corporate office in Ottawa, Illinois.

First Federal is a community bank that has been serving the needs of our customers for over 130 years!

Why You Should Join the First Federal Team:

  • Monday through Friday schedule
  • Jean Fridays with First Federal polo provided
  • Engaging Employee Wellness program
  • Paid days off: holidays, vacation, sick, birthday and work anniversary
  • Comprehensive benefit package including health, dental, vision, life insurance and 401k

Job duties:

  • Gathering and organizing the information required for a complete mortgage file.
  • Evaluation of the information to determine that it meets product requirements.
  • Computerized tracking of all mortgage loan files.
  • Verbal, written, and face to face customer communication with regards to their mortgage file in process.
  • Proper planning and organization to meet strict processing and closing deadlines.
  • Preparation and delivery of loan files to outside investors or mortgage insurance companies for underwriting approval and follow up if the product requires.
  • Calculation of mortgage closing figures, preparation of mortgage closing packages, and set up of the new loan on the software system.
  • After closing, follow up as needed for Post-Closing, Quality Control, and customer questions.

Preferred Experience:

  • Excellent customer service skills
  • Mortgage loan experience


First Federal Savings Bank is an Equal Opportunity Employer. Submission of application or resume is not a guarantee of employment.

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