First Federal Savings Bank - Twin Falls, ID
posted 1 day ago
Full-time - Entry Level
Twin Falls, ID
Credit Intermediation and Related Activities
About the position
First Federal Bank is seeking dedicated individuals to join our team, where our culture is centered around serving our members and communities. With over 100 years of experience, we pride ourselves on being Idaho's only mutual bank, which means we are owned by our account members rather than stockholders. This unique structure allows us to focus on meaningful work and community engagement. As part of our team, you will enjoy a range of benefits and perks that enhance your work experience and support your well-being.
Responsibilities
- Check that the loan file(s) contain proper documents, signatures, dates, and other relevant information such as vesting, legal descriptions, and security instruments.
- Prepare security instrument documentation to perfect liens on collateral.
- Prepare loan closing disclosures and closing documents and ensure timely delivery to borrower(s), loan originator, and settlement agent.
- Balance closing figures with settlement agent.
- Review loan documentation and enter loan data into the loan origination system to ensure we have a complete and accurate loan record.
- Review loan files and communicate remaining items needed to process the loan request.
- Review loan files for compliance with all regulations, as well as Bank policies and procedures.
- Verify loan application information provided is complete and complies with lending standards.
- Maintain regular communication with third parties: settlement agents, insurance representatives, and secondary market representatives regarding loan approvals, conditions and follow up.
- Ensure that all conditions required by underwriting are in the file prior to borrowers closing.
- Perform all job duties and maintain compliance with all banking acts, laws, and regulations applicable to your job function.
Requirements
- A High School Diploma or equivalent
- Two years of experience in banking, finance, office or clerical support, or related role.
Nice-to-haves
- One year of experience in mortgage loan processing or closing
- Two years of experience in real estate lending
Benefits
- Paid vacation
- Sick leave
- Holidays
- Health insurance
- Dental insurance
- Vision insurance
- 401(K) retirement
- Educational assistance
- Life insurance
- Long-term disability insurance
- Paid community service hours
- Participation in the Pay-It-Forward program
