Legacy Bank is looking for a full-time, experienced Loan Processor to fulfill the following job duties:
Act as a liaison between borrower, underwriter, loan originator and lender
Provide customer with timely and periodic status updates of their loan application
Collect required documentation from applicants and follow up on missing items
Establish, maintain, and update files, databases, records, and/or other documents for recurring internal reports
Order credit reports, title reports File System Management
Compile documents for customer files and enter intakes to Data Management System for processing and assessment
Assure that all customer files are complete and in compliance with regulatory agencies and internal policies
Ensure customer privacy, security of files and appropriate staff access Administrative Support
Prepare commitment letter(s), denial letter(s) and cancel files when necessary
Maintain pipeline report and notify management of status as needed
Provide general daily loan operations duties
Process the documents received for each file, verifying the accuracy and completeness of each document
Prepare fund request documents for wiring funds to closing
Make recommendations for procedural changes to increase efficiency
Other duties as assigned
Requirements for the qualified candidate includes the following:
Bachelor’s Degree preferred
Must have knowledge basic lending, real estate contracts and language, foreclosure, short sales and delinquent accounts
Ability to provide excellent customer service in person and on the phone
Ability to handle multiple tasks and frequent interruptions
Ability to handle stressful situations with calmness and courtesy
Ability to communicate effectively, both orally and in writing.
Excellent records and file management skills
Knowledge and experience using MS Word, Excel, Outlook
Knowledge of basic accounting processes and procedures
Ability to work occasional evenings and weekends. Travel to other bank locations periodically required
Legacy Bank offers an attractive benefits package:
Medical, dental and vision insurance
Flexible Spending Accounts
Company-paid Group Life insurance
Voluntary Life insurance for employee, spouse and children
Company-paid short and long-term Disability insurance
401(k) with Company Match
About Legacy Bank
Formerly Farmers Savings Bank and opened in 1904, the bank was purchased by the Chittenden family in 1968. With locations added over the years in Mitchellville, Bondurant, Altoona and Clive, we’ve expanded our rural and agricultural roots to also include Construction, Personal, Commercial and other types of business in the Metro area.
We found success through personal banking relationships and involvement within the communities we serve. In 2001 it was decided that the name Legacy Bank more accurately represented the type of bank we had become.
We continue to embrace change without forgetting who we are. Our goal is to invest money in the local communities, give outstanding expert service, and give our customers a feeling of being treated like a partner and not a number.
Success of our customers is why we still exist today. In a world of change, our goal is to hold onto what the original idea was in 1904 - serving our communities by building legacies one customer at a time.