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Byron Bank

Start Your Career with Byron Bank

Join Our Team

Whenever we have an opening we will place a position description on our site. However, feel free to mail, e-mail or fax your resume at any time to the following:

MORTGAGE LOAN OFFICER

Job Description:

The Mortgage Loan Officer will be responsible for developing new residential loan business, complying with secondary market underwriting guidelines, as well as, Byron Bank in-house lending guidelines, and servicing and maintaining loan portfolio. This position represents the bank in the local community through active participation in community affairs and participates in marketing and cross-selling of all Byron Bank products and services.

Major Responsibilities:

  • Prospects new mortgage lending opportunities.
  • Develops and maintains successful relationships with business referral sources, existing and prospective.
  • Meets with customers as necessary during various stages of the loan process to collect application data, financial documentation, etc.
  • Ensures exceptional customer service by overseeing loan process from origination to close and providing on-going communication to customers, realtors and title companies.
  • Keeps current and knowledgeable of any changes to: Freddie Mac, USDA, VA, FHA and IHDA loan products and grants. 

Secondary Responsibilities:

  • Provides excellent customer service in the mortgage and consumer loan departments regarding:  basic loan questions, interest rates, tax reporting, realtor inquiries, on-line applications and documentation needed.
  • Makes solid credit decisions on consumer loans that follow Byron Bank policy.

Education and Experience:

  • Minimum of 5 years’ experience in lending.
  • High School Diploma required; College Diploma preferred.
  • Ability to communicate clearly and effectively, both verbally and in writing.
  • Solid Time management skills and the ability to organize, prioritize, and perform multiple tasks simultaneously.
  • Professional and effective interpersonal skills.
  • Enthusiasm and passion for assignments and the ability to meet established timelines.
  • Computer skills that would include the ability to understand:  MortgageBot, LaserPro, Windows and Outlook.


MORTGAGE LOAN PROCESSOR

Byron Bank has an immediate opening for a Mortgage Loan Processor with recent mortgage experience.  The capability to handle files from opening to closing is required. The loan processor will be responsible for performing initial file review, verifying disclosures meet program requirements, ensuring that all loan programs are compliant and underwriting guidelines are being met.   Previous mortgage loan processing experience is required.

Major Responsibilities:

  • Review mortgage applications for completeness, collect all required documentation for the loan package, and assemble loan file appropriately
  • Order Flood Certs, Title work, Homeowner’s Insurance and Appraisals
  • Demonstrate basic income calculation
  • Understand TRID rules, ability to disclose and re-disclose
  • Create loan submission package for underwriting department
  • Satisfy all conditions when received from Underwriter
  • Communicate with realtors, attorneys, and title companies
  • Act as a liaison between borrower, underwriter, and loan originator
  • Provide customer with timely and periodic status updates of their loan application
  • Perform verifications of employment and prepare files for closing
  • Establish, maintain, and update files, and databases
  • Customer service calls, telephone payments, and payoff letters
  • Provide operational support to loan officers and processors
  • Update mortgage loan rates
  • Make changes to ITI based on change of address
  • Maintain the mortgage file room for proper file storage

Secondary Responsibilities:

  • Customer service calls, telephone payments, and payoff letters
  • Provide operational support to loan officers and processors
  • Update mortgage loan rates
  • Make changes to ITI based on change of address
  • Maintain the mortgage file room for proper file storage

Job Requirements:

  • 3+ years’ Conventional and/or Government loan processing experience
  • Basic knowledge of lending terminology
  • Experience with Word, Excel, Outlook, Loan Operating Systems
  • Able to read and understand credit reports, title work, and appraisal report
  • Strong attention to detail and accuracy; ability to multi-task
  • Effective written and verbal communication skills
  • Ability to take on other duties as assigned

Kristie Lynch, Human Resources Officer
Byron Bank, P.O. Box 901, Byron, IL 61010

[email protected]

Fax: 815-234-2055

Equal Employment Opportunity:  

Byron Bank provides equal opportunity for all employees and applicants for employment and makes all employment decisions without discrimination on the basis of race, religion, color, sex (including pregnancy and gender identity), sexual orientation, national origin, age, disability, family medical history or genetic information, political affiliation, military service, disability challenges, marital status, ancestry, status upon discharge from military service, order of protection status or other non-merit based factors (actual or perceived). These protections extend to all management practices and decisions, including recruitment and merit practices, appraisal systems, promotions and training, and career development programs.