First International Bank and Trust Consumer Mortgage Loan Processor in Minot, North Dakota

Consumer Mortgage Loan Processor

Department: Mortgage Support

Location: Minot, ND

PT/FT/Temporary : Full Time


Come work as a Consumer Mortgage Loan Processor at a growing community bank. First International Bank & Trust is a growing, relationship-driven bank that provides complete financial solutions to our customers.

Our Mission: Helping Dreams Come True, One Customer at a Time.

Position Summary: Under the direction of Senior Lending Staff, provides assistance to the Lending Department by performing the following duties.

Essential Duties and Responsibilities include the following.

  • Answers telephone and directs customers to bank officers and staff.

  • Responds to customer inquiries including payment questions, payoffs and loan values.

  • Analyze credit reports and verify and analyze asset and income information

  • Order appraisal and title work for files in process.

  • Reviews file and Loan Presentation for accuracy

  • Works with title companies on preparing accurate Closing Disclosures.

  • Prepares final closing docs for loan closings.

  • Once closing package is received back from title company, reviews for accuracy.

  • Sets up and codes new loans on our internal system.

  • Provides loan support to mortgage originators assisting with loan file comments and withdrawn/denied files in compliance with company loan file policy and procedures.

  • Provides assistance to the Mortgage Loan Department on projects and assignments as needed.

  • Calls or writes credit bureau and employer to verify accuracy of information.

  • Provides support to loan officers in closing a loan by entering information into computer database and by generating and assisting customer in completing all required documentation and disclosures.

  • Prepares, scans and maintains loan files.

  • Maintains and collects current information on technical exceptions, such as insurance, titles, financial statements, etc.

  • Calls specified companies to obtain property abstract, survey and appraisal.

  • Ensures all title issues are met and that loan is properly recorded.

  • Reviews and analyzes title report or survey to determine issues and any present or potential risk.

  • Notifies customer of approval or prepares and mails adverse action forms to applicants.

  • Retrieves and reviews loan reports for completeness and accuracy; corrects non-post or errors.

  • Processes extension agreements and originates loan correspondence.

  • Updates tickler system to note funding activities, interest rate settings and billings.

  • Examines loan terms and ensures loan is funded within established time frames.

  • Processes loan payments and maintains records of loans.

  • Explains, promotes, cross-sells or refers bank, insurance and trust products or services.

  • Reviews emails and branch messages to remain current on policy or procedural changes and new product offerings.

  • Attends periodic training to receive information about various bank services and participates in an exchange of ideas and problems.

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience: Associate's degree (A. A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience. Related experience should include working with mortgage loans.