Loan Processor

First Federal Bank of Louisiana•Lake Charles, LA

7h•Onsite

About The Position

First Federal Bank of Louisiana is currently seeking a Loan Processor in the Loan Processing and Closing Department. The position is located at the Main Office in Lake Charles, Louisiana. About Us First Federal Bank of Louisiana is a full-service, locally owned community bank that has helped build the communities we serve for over 75 years. With over one billion dollars in assets and 16 offices currently serving multiple parishes across Southwest and Central Louisiana, we are proud to offer our customers comprehensive retail and commercial products as well as investment services to meet all of their financial needs. Empowering people and places to realize and attain their dreams is what our community-first banking is all about, and that’s what our team strives to do in the communities we serve each and every day. Visit www.ffbla.bank [http://www.ffbla.bank/] to learn more. Member FDIC, Equal Housing Lender. Position Summary Inputs and updates loan data into the computer systems. Assembles and verifies loan documents for accuracy.

Requirements

High school diploma or GED,
One (1) year experience working in the real estate field and/or with real estate legal documents in a professional environment

Responsibilities

Processes real estate, interim, mobile home, lot, bridge, home equity and HELOC loans; meets regulatory disclosure requirements; reprocesses and updates permanent loans upon interim completion
Indexes electronic application files; reviews for completeness and compliance
Reviews desktop underwriter findings; obtains information as indicated within the findings prior to submission
Verifies all information needed for underwriting has been requested; follows up on requested information
Processes and reviews the compliance report for each loan file; addresses any regulatory discrepancies; records and maintains loan data for compliance
Issues official checks; transfer funds within the bank’s general ledger system to balance records
Reviews documents for relevance and accuracy; identifies potential issues or areas for follow-up and informs loan officer
Reviews legal documents and title searches; determines if legal descriptions are appropriate and all owners are identified
Requests mortgage/conveyance certificate; searches clerk of court; verifies lien position
Answers inquiries concerning loan processing; supports lender in working with loan applicant
Prepares and mails routine correspondence, such as welcome packages, disclosures, re-disclosures, loan estimates, notices; prepares reports
Orders flood determination; provides additional information when needed
Scans and indexes processing documentation; inputs and tracks preliminary conditions
Submits loan to underwriting
Processes credit card payments for upfront fees as needed
Compliance training is assigned to all Bank personnel based on their position with the Bank. Employees are required to complete all assigned training timely and in accordance with Bank policy.