Mortgage Loan Administrator

Ottawa, Illinois

First Federal Savings Bank Illinois
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Loan Administrator/Position Summary

We are seeking a candidate to assist in our fast-paced mortgage department. Excellent customer service skills are required, and loan experience is a plus.

Duties of the department include:
  • Gathering and organizing the information required for a complete mortgage file.
  • Evaluation of the information to determine that it meets product requirements.
  • Computerized tracking of all mortgage loan files.
  • Proper planning and organization to meet strict processing and closing deadlines.
  • Performs the rate locks and registration on all residential mortgages
  • Handles customer inquiries regarding loans that have been sold to investors
  • Pricing scenarios for loan officers
  • Completes quality control requests from investors
  • Provide quality customer service to all loan officers and customers
  • Reviews closing documents to package and ship to investors for funding
  • Performs post-closing review of closed loans
Ideal candidate should be self-motivated, have the ability to work in a fast-paced environment, and have great customer service skills. Candidates must be able to work overtime when required.

Benefits:
  • The hourly pay range is $16.00 - $18.00 per hour.
  • Comprehensive benefit package includes medical, dental, vision and life, AD&D, long-term disability insurance.
  • Paid time off including vacation, sick, holiday, birthday and work anniversary.
  • 401k plan with employer matching.
First Federal Savings Bank is an Equal Opportunity Employer. Submission of an application or resume is not a guarantee of employment.

Date Posted: 21 May 2025
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