Senior Mortgage Loan Processor

At Kensington Bank, we believe banking is more than transactions - it's about building meaningful relationships and making a positive difference for our customers, our coworkers, and the communities we serve. We're always looking for people who share that passion, so if that is you, we'd love to meet you!

We're currently looking for a Senior Mortgage Loan Processor to join our Willmar branch. This is a great opportunity for detail-oriented, organized professional, who enjoys working behind the scenes to ensure a smooth and accurate lending experience for home buyers!

What You'll Do

As a Senior Mortgage Loan Processor, you'll play a key role in supporting our Lending department with real estate loans, with an emphasis is secondary market loans. In this role you will:

• Be responsible for managing the full lifecycle of residential mortgage loans, including processing, submission to underwriting, clearing conditions, coordinating closings, and delivering loans to the secondary market.
• Accurately prepare loan documents and review for compliance.
• Build loans within our core system, ensuring all data is complete and correct.
• Collaborate with appropriate resources to assist in resolving customer inquiries and providing timely updates regarding loan status as needed.
• Assist with the coordination of loan closings and funding, ensure that all loan fees and invoices are processed.
• Follow all bank policies, procedures, and regulatory guidelines to maintain compliance and operational excellence.

What We're Looking For

We're looking for someone who is dependable, detail-driven, and committed to delivering excellent service. An ideal candidate will have a customer-first mindset, as well as the following:

• High school diploma or equivalent required; associate or bachelor's degree preferred
• 3+ years of experience in mortgage processing, underwriting coordination, closing, or secondary market functions.

• Experience in a community bank or similar lending environment preferred.
• Experience managing loans from application through sale is strongly preferred.
• Strong knowledge of mortgage processing, underwriting workflow, closing, post-closing, and secondary market guidelines.
• Familiarity with investor requirements (Fannie Mae, Freddie Mac, FHA, VA, USDA).
• Understanding of TRID, RESPA, and mortgage compliance regulations.
• Experience with loan origination systems (e.g., Meridian Link, Encompass, or similar).
• Excellent attention to detail and organizational skills.
• Ability to prioritize tasks and meet multiple deadlines.
• Available to travel as business needs require.

• This job requires skills needed in a typical office environment. This includes computer skills, communications skills, as well as utilization of office equipment.

Why Kensington Bank?

At Kensington Bank, you'll be part of a team that values relationships, accountability, growth, and fun! And, you'll have the opportunity to develop your skills, contribute to meaningful work, and make a real impact-one loan at a time - while enjoying the benefit of great hours and pay!

Salary Range [based on experience]: $26.00-37.00

Benefits

• Medical, Dental, and Vision Insurance
• Short-term and Long-term Disability
• Life and Accident/Credit Care Insurance
• Paid Days Off - Vacation, Sick, and Holidays
• 401k with match
• Flexible Spending Account
• Identity Theft Protection Program

If you're ready to bring your skills to a team that values your contributions and invests in your success, apply today! To apply and learn more about becoming a Senior Mortgage Loan Processor at Kensington Bank, visit our Career Site at: https://www.kensington.bank/career-opportunities/.

Kensington Bank is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sex, national origin, pregnancy (including childbirth, lactation, and related medical conditions), disability, protected veteran status, and all other protected statuses.