Commercial Loan Processor jobs in Springfield, IL

Job Overview:
We are seeking a detail-oriented and experienced Loan Processor to join our team. As a Loan Processor, you will be responsible for reviewing and verifying loan applications, ensuring compliance with financial regulations, and facilitating the loan approval process. Your strong attention to detail and knowledge of financial services will be crucial in ensuring accurate and efficient loan processing.

Duties:
- Review loan applications for completeness and accuracy
- Verify borrower information, employment history, credit reports, and financial documents
- Ensure compliance with Fair Housing regulations, TILA, FNMA guidelines, and other relevant regulations
- Communicate with loan officers, underwriters, and borrowers to gather any additional required documentation
- Prepare loan files for underwriting review
- Coordinate with escrow companies to ensure timely closing of loans
- Maintain accurate records of all loan transactions
- Provide excellent customer service to borrowers throughout the loan process

Experience:
- Previous experience as a Loan Processor or in a similar role within the banking or financial services industry
- Strong knowledge of loan processing procedures and requirements
- Familiarity with escrow processes and documentation
- Proficiency in using 10-key typing for data entry
- Excellent mathematical skills for calculating loan figures and interest rates

Benefits:
- Competitive salary based on experience
- Health insurance coverage
- Retirement savings plan options
- Paid time off and holidays

If you have the necessary skills and experience to excel as a Loan Processor, we would love to hear from you.

Town & Country Bank Midwest is an equal opportunity employer and supports diversity in the workplace. Qualified applications will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Our HR department will reach out to the applicants who meet the qualifications and are most closely aligned with requirements of the position.

Job Type: Full-time

Pay: $17.00 - $19.00 per hour

Expected hours: 40 per week

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off

Schedule:

• 8 hour shift

Experience:

• Customer service: 1 year (Preferred)

Ability to Relocate:

• Quincy, IL 62301: Relocate before starting work (Required)

Work Location: In person