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Loan Processor Compeer Home

Compeer Financial

Rochester, MN · HybridFull-time$47–67K/yrSeen todaySeen in employer's feed today

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At a glance

Compensation
$47–67K/yr
Location
Rochester, MNHybrid
Schedule
Full-time
Work Authorization
Not specified

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Job overview

Compeer Financial, a member‑owned cooperative, seeks a Loan Processor to partner with lending officers and support the origination of consumer real‑estate loans, handling application audits, documentation, and client communication in a hybrid work environment with flexible schedules.

Skills & qualifications

RequiredNice to have

Skills

Mortgage Loan Process KnowledgeRegulatory Requirements KnowledgeListening CommunicationWritten CommunicationVerbal CommunicationPrioritizationProblem SolvingDecision MakingOrganizational SkillsMS Office ApplicationsCRM ProgramsEncompassBlendSalesforceSharePointComputer Skills

Qualifications

High School Diploma or GEDAuthorized to Work in the United StatesPhysical Ability RequiredDrug Test Required

Benefits

Medical Insurance
401(k) Match
Paid Time Off
Tuition Assistance

Full job description

Job Duties

Empowered to live. Inspired to work.

Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.

How we support you:

Hybrid model - up to 50% work from home

Flexible schedules including ample flexibility in the summer months

Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)

Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP

Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off

Learning and development programs

Mentorship programs

Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)

Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

To learn more about Compeer Financial visitwww.compeer.com/careers.

Where you will work: This position offers a hybrid work option up to 50% and is open to any Compeer office location inIllinois, Minnesota and Wisconsin.

The contributions you will make: This position partners with Lending Officers, Partner Lenders, Underwriters, Document Administratorsand Closers to facilitate the origination of Consumer purpose Real Estate loans from application throughclosing. This role plays an extremely important part of the overall client experience along with the longtermsuccess of the Compeer Home department.

A typical day:

Loan Processing

Audits loan applications for accuracy and completeness to ensure allrequired information is filled out, and the appropriate supportingdocumentation required to make a credit decision is included.

Initiates the ordering of; initial loan estimates, homeowner'sinsurance (if applicable), appraisals, titles, flood certifications, etc.

Proofs and reviews information from third party sources, LendingOfficers and clients, needed to efficiently and consistently closeloans on time.

Communicates with Lending Officer and clients to obtain missingdocuments and information.

Prepares loan file for initial/final underwriting review and for deliveryto the closing department.

Loan Support

Responds to client inquiries via phone or email regarding loan inprocess, guidelines and general processing questions.

Uses Compeer systems (Encompass, Blend, Salesforce,SharePoint, etc.) and workflows to accurately enter, review andcorrect data that has been entered into the system for each loan filefrom application to closing.

Collaborates with Lending Officer to accurately execute andcomplete change requests. Updates documentation with third partyinformation such as: additional inspections; appraisal fee changesand title fees.

Coordinates and prioritizes work in order to effectively and efficientlysupport the consumer lending team. Works on special projects asneeded.

Consistently provides feedback to leadership to continually improvecurrent processes.

The skills and experience we prefer you have:

High school diploma or GED.

Entry-level experience in a loan processing/support role.

Knowledge of mortgage loan process and related regulatory requirements.

Strong listening, written and verbal communication skills, with ability to communicate at all levelsof 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 representthe business.

How we will take care of you:

Our job titles may span more than one career level (associate, senior, principal, etc.). The actual title and base pay offered is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role is eligible for variable compensation and other benefits.

Base Pay

$47,100—$66,600 USD

Click here to view federal employment laws applicable for applicants.

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.

Must be authorized to work for any employer in the United States. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.

Minimum Education Required

High School Diploma or Equivalent

Minimum Experience Required

None

Shift

First (Day)

Number of Openings

1

Public Transportation Accessible

Yes

Veterans Encouraged to Apply

No

Physical Required

Yes

Drug Test Required

Yes

Compensation

$47,100.00 - $66,600.00 / Annually

Postal Code

55902

Job Type

Full Time

Place of Work

On-site

Requisition ID

5384321008

Job Benefits

Not specified

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