Loan Processor Details

Loan Processor

TCF Bank - Plymouth, MN

Employment Type : Full-Time

Overview:

TCF Bank is a premier Midwest bank offering consumer and commercial banking, trust and wealth management, and specialty leasing and lending products and services to consumers, small businesses and commercial clients. We are proud to be an equal employment opportunity employer.

Our team members will join other professionals that share the philosophy of making a positive impact. We are committed to building better communities by improving the quality of life in the communities we serve.

With TCF Bank, you will be part of a fast-paced, community-minded organization while enjoying excellent benefits and top career opportunities.

TCF National Bank and its affiliated companies (collectively TCF) is an equal employment opportunity employer. TCF’s policy is not to discriminate against any applicant or employee because of race, color, religion, sex, pregnancy (including childbirth and related medical conditions), sexual orientation, gender identity, national origin, age, marital or familial status, genetic information, disability status, protected veteran or military status or any other characteristic protected by applicable law. TCF also prohibits harassment of applicants or employees based on any of these protected categories. TCF’s policy is to take affirmative action to employ and to advance in employment all persons regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or other characteristic as required by applicable law.
TCF provides reasonable accommodations to applicants and employees with disabilities. If you need an accommodation or assistance in the application process, please contact TCF Human Capital Management at [1-833-HCM-8454 or [HCMSC@tcfbank.com].Job Summary: The Loan Processor is responsible for the loan process once a complete application is received. The processor is the point of contact for the customer after initial application and acts as a liaison between the customer, loan originator, underwriter and closer. Responsible for collecting documentation required to complete the mortgage application with the knowledge of underwriting requirements, agency and company guidelines. In addition, the Processor will review underwriting conditions, obtain additional requested documentation necessary for a final approval and prepare the loan for closing. Professional and effective communication with all parties both internal and external is expected at all times.
RESPONSIBILITIES

• Receive and review new loan files
• Process mortgages for submission to Underwriting
• Prepare files for the Closing department
• Effective pipeline management: pipeline consists of 30-40 loans
• Accurately maintain estimated closing dates
• Provide accurate closing projections throughout the month
• Effective prioritization of actions to meet contract and rate lock expiration dates
• Consistently and effectively update all loans
• Maintain knowledge of bank’s residential loan policy, interest rates, closing costs and credit granting standards
• Contribute to the team’s overall productivity as appropriate, helping co-workers when possible or assigned
• Maintaining the highest level of both quality and professionalism is expected at all times
• Attend training seminars as required to further develop job skills

REQUIREMENTS

• High school diploma or equivalent
• Must be detail oriented
• Excellent organizational and time management skills
• Proficient in Microsoft Word and Excel
• Effective listening, verbal and written communications skills
• Proven ability to coordinate multiple tasks, prioritize workload, and meet deadlines
• Ability to deal tactfully and courteously with customers, fellow team members or others in performing the duties assigned

PREFERRED

• 1-3 years’ loan processing experience in a financial environment
• Working knowledge of AUS, appraisals, credit reports, flood certifications, 3rd party verifications, title work, and homeowner’s insurance
• Mortgage loan origination system experience