Loan Processor jobs in Rochester, MN

Compeer Financial is seeking collaborative, innovative and dynamic professionals to be a part of our Top Workplace culture!

Tell me more about this opportunity.

Position Overview: This position partners with lending officers, partner lenders, underwriters, document administrators and closers to facilitate the origination of consumer purpose real estate loans from application through closing. This role plays an extremely important part of the overall client experience along with the long term success of the Rural Living Solutions department.

Essential Functions:

• Audits loan applications for accuracy and completeness to ensure all required information is filled out, and the appropriate supporting documentation required to make a credit decision is included.
• Initiates the ordering of initial loan estimates, homeowners insurance (if applicable), appraisals, titles, flood certifications, etc.
• Proofs and reviews information from third party sources, lending officers and clients, needed to efficiently and consistently close loans on time.
• Communicates with lending officer and clients to obtain missing documents and information.
• Prepares loan file for initial/final underwriting review and for delivery to the closing department.
• Responds to client inquiries via phone or email regarding loan in process, guidelines and general processing questions.
• Uses Compeer systems (Encompass, Blend, Salesforce, SharePoint, etc.) and workflows to accurately enter, review and correct data that has been entered into the system for each loan file from application to closing.
• Collaborates with lending officer to accurately execute and complete change requests. Updates documentation with third party information such as additional inspections, appraisal fee changes and title fees.

Minimum Qualifications & Required Knowledge, Skills and Abilities:

• High school diplom a or GED; secondary education preferred.
• 2 years of experience in a loan processing/support role preferred.
• Knowledge of mortgage loan process and related regulatory requirements.
• Strong listening, written and verbal communication skills, with ability to communicate at all levels of the organization.
• Ability to prioritize and work under tight deadlines.
• Strong problem solving, decision making and organizational skills.
• Strong computer skills, including MS Office applications and customer relationship management (CRM) programs.
• Flexible and adaptable to changing situations.
• Ability to work independently and collaboratively with other teams to achieve goals and represent the business.

Who is Compeer Financial?
Compeer Financial exists to champion the hopes and dreams of rural America. By joining our team, you will help empower those in agriculture and rural communities to achieve their goals and expand their possibilities. We embrace business agility and innovative approaches to serving our clients and communities.

Why join our team?

• Amazing team members who are passionate about serving agriculture and rural America.
• Investment in our team members' education, growth and development.
• Engagement in our communities through giving back and volunteerism.
• Flexible, collaborative and dynamic work environment.
• Great benefits:
  • Medical, Dental, Vision insurance
  • 401K (3% Compeer contribution & up to an additional 6% match)
  • Paid time off (vacation, sick leave, holidays, volunteer time)

Find out why our team members choose Compeer Financial by watching .

How do I apply?
Qualified candidates, please apply online at .

Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.