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Loan Processor
Apply
$40k-50k (estimate)
Full Time 1 Day Ago
Save

Old Fort Banking Co is Hiring a Loan Processor Near Old Fort, OH

Job Description:
  • Paid vacation available at start
  • 5 PTO Days
  • Paid Holidays
  • Monday - Friday
The Old Fort Banking Company
The Old Fort Banking Company is an employee-owned and operated financial institution, and a privately held subsidiary of Gillmor Financial Services, Inc. Established in 1916, the bank is headquartered in Tiffin, Ohio. Old Fort Bank is known for our strong relationships with our clients and communities we serve. We have:
  • More than 100 associates
  • Approximately 27,541 clients
  • 10 financial centers located in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Sugarcreek Township, Tiffin and Xenia.
Our Community is Our Cause
As a community-first bank, Old Fort Banking Company is proud to be a resource for local groups, organizations, and businesses. From charitable donations to sponsorships and involvement at local events, we take the time to help our communities thrive. Because when they succeed, we all do. It's about more than banking to us - it's about improving the places we call home.
We have established ourselves as a high performing community bank, measured in terms of our reputation for extraordinary client service, our ability to attract and retain the best and brightest people, and for the superior financial results we produce.
Your Role
As a Loan Processor you will be responsible for providing operational support as needed to multiple lending functions in accordance with established systems and procedures. Ensures schedules and deadlines are met, coordinating with other departments as needed. Process and service closed loan files in support of commercial bankers, originators and loan assistants for installment, commercial, and mortgage loans. Reviews documents prior to submission. Answers client inquiries and resolves routine problems.
This is a single incumbent position.
  • Load all loan types on Core Director (Commercial, Consumer, and Residential/FNMA.)
  • Assist with Fannie Mae daily account balancing, daily and monthly reporting as well as daily GL balancing, etc.
  • Assist internal and external Auditors with any requests for review.
  • Construction loan processing and draw tracking.
  • Manage escrow accounts for taxes, insurance, PMI, payment protection plan, monthly escrow analysis, etc.
  • Perform a variety of clerical duties according to procedures, methods and systems.
  • Answers telephone and assists clients with routine inquiries quoting payoffs
  • Remain compliant with bank guidelines, policies, procedures, regulatory and BSA requirements.
  • Reasonable accommodation will be provided to qualified individuals with disabilities.
  • Other job duties as assigned.

Requirements
Your Knowledge and Experience
  • High school diploma or equivalent.
  • Good communication skills, good computer skills, accuracy, flexibility, ability to handle high stress situations, regular and predictable attendance, exercise discretion and good judgment, follow instructions.
  • Good organizational and analytical skills.

Job Summary

JOB TYPE

Full Time

SALARY

$40k-50k (estimate)

POST DATE

06/14/2024

EXPIRATION DATE

06/27/2024

WEBSITE

oldfortbank.com

HEADQUARTERS

OLD FORT, OH

SIZE

50 - 100

FOUNDED

1916

CEO

MICHAEL J KERSCHNER

REVENUE

$10M - $50M

INDUSTRY

Banking

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The following is the career advancement route for Loan Processor positions, which can be used as a reference in future career path planning. As a Loan Processor, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Processor. You can explore the career advancement for a Loan Processor below and select your interested title to get hiring information.

If you are interested in becoming a Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Processor for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Loan Processor job description and responsibilities

A loan processor reviews loan applications before sending them to the underwriter for approval.

01/11/2022: Springfield, IL

A loan processor will constantly work with computers and other electronic devices.

02/23/2022: Harlingen, TX

Loan officers evaluate, authorize, or recommend approval of loan applications.

01/09/2022: Orange, CA

Loan processors have to request additional documentation that may not be readily available for an applicant, like bank statements from several months ago or past years’ tax documents.

01/08/2022: Memphis, TN

Not only do loan processors collect and organize all of the loan documents, but they also order and organize various third-party requirements.

03/12/2022: Grand Forks, ND

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Loan Processor jobs

Analyze applicant's financial status, credit, and property evaluation to determine the feasibility of granting the loan.

03/14/2022: Burlington, VT

Analyze potential loan markets to develop prospects for future loans.

01/23/2022: Cincinnati, OH

Approve the loan within specified time limits.

03/06/2022: Helena, MT

Communicate With Current and Potential Customers.

03/07/2022: Pensacola, FL

The most common types of unsecured loan are credit cards, student loans, and personal loans.

02/27/2022: Reading, PA

Step 3: View the best colleges and universities for Loan Processor.

Florida Southern College
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Western Washington University
Canisius College