Mortgage Loan Processor

Why work for First Federal Bank? Our company culture is driven by our desire to serve our members and communities, something we have done for over 100 years.

Along with doing meaningful work, enjoy perks and benefits that come along with being part of Idaho’s only mutual bank no stockholders or majority owners, just our account members! Eligible First Federal Bank employees receive paid vacation, sick leave, and holidays;

health insurance, dental insurance, and vision insurance; 401(K) retirement; educational assistance; life insurance; and long-term disability insurance.

Employees also receive paid community service hours and can participate in our Pay-It-Forward program to give back to the communities we serve.

In addition, the First Federal Foundation has provided over $1.4 million to local non-profits since 2003.

For a meaningful job and to be part of a community-focused team, as well as much more, apply today at www.bankfirstfed.com / careers.

Essential Duties and Responsibilities

• Check that the loan file(s) contain proper documents, signatures, dates, and other relevant information such as vesting, legal descriptions, and security instruments.
• Prepare security instrument documentation to perfect liens on collateral.
• Prepare loan closing disclosures and closing documents and ensure timely delivery to borrower(s), loan originator, and settlement agent.
• Balance closing figures with settlement agent.
• Review loan documentation and enter loan data into the loan origination system to ensure we have a complete and accurate loan record.
• Review loan files and communicate remaining items needed to process the loan request.
• Review loan files for compliance with all regulations, as well as Bank policies and procedures.
• Verify loan application information provided is complete and complies with lending standards.
• Maintain regular communication with third parties : settlement agents, insurance representatives, and secondary market representatives regarding loan approvals, conditions and follow up.
• Ensures that all conditions required by underwriting are in the file prior to borrowers closing.
• Perform all job duties and maintain compliance with all banking acts, laws, and regulations applicable to your job function.

Non-Essential Duties and Responsibilities

• Assist with training other mortgage processing employees.
• Assist the updating department procedures and documentation. Qualifications Required (Required education may be satisfied by experience and / or working knowledge)
• A High School Diploma or equivalent
• Two years of experience in banking, finance, office or clerical support, or related role. Physical Requirements and Working Conditions
• Sitting for extended periods of time
• Ability to operate computer applications and basic business equipment
• Infrequent travel may be required for meetings and trainings Qualifications Preferred
• One year of experience in mortgage loan processing or closing, or
• Two years of experience in real estate lending Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

41 CFR 60-1.35(c)