Real Estate Loan Servicer: Baxter


We want YOU to join the talented team here at Deerwood Bank! Come find out what Nice & Simple banking is all about.

Position Summary:

This position demands extreme attention to detail with outstanding quality, excellent customer service. Primary responsibilities would be to assist in several clerical duties & day to day functions related to reviewing, managing, selling & servicing our Residential Real Estate loan portfolio & products. Real Estate Loan Servicer must ensure that all work complies with all bank policies & procedures while staying in compliance with all applicable laws & regulations. Position will be in the Baxter location.

Functions, Duties and Responsibilities:

  • Clean out loan files (when applicable), sending paid loan letters to borrowers as well as preparing & recording Satisfactions for all Residential Real Estate Loans.
  • Track all files for Forced Place Insurance. Communicate with Lenders regarding their customers that require insurance to be force placed. Send 15-day & 45-day letters to customers. Activate the policy when needed & update ticklers for tracking the insurance.
  • Assist in monitoring & maintaining the in house & FNMA delinquency processes & comment logs to ensure we have enough information needed for monthly delinquency reporting and then submit the FNMA delinquency status and reason codes monthly.
  • Enter data for secondary market loans being sold to FNMA, Monitor FNMA loans sold and pull FNMA purchases when the wires come in.
  • Assist in preparing reports as needed for lenders, supervisors, Board of Directors, regulators, service bureaus, government agencies & assist in preparing meeting agendas.
  • Perform all servicing duties to comply with our selling & servicing guide with Fannie Mae which includes but is not limited to performing daily payment sweeps, monitoring unapplied payments, etc.
  • Assist in preparing and submitting files for pre-close and post-close quality control programs and any other audits & providing follow up documentation when requested.
  • Provide servicing support for customers including but not limited to researching and assist in answering any questions they may have regarding their loan, applying payments, etc.
  • Review, monitor and file insurance renewals and ensure the declaration pages are accurate with ISAOA/ATIMA and escrow information.
  • Assist with preparing and disbursing escrow for property taxes each May and October.
  • Prepare general real estate correspondence related to selling, servicing & managing the Residential Real Estate loan portfolio & products such as past due payment and tax letters, 31 day and 61 day past due FNMA loan packets, maturing loan letters, etc.
  • Track property taxes annually and adjust ticklers accordingly.
  • Assist in performing file reviews for all real estate loans that are boarded and funded
  • Ensure that all work performed in the Real Estate department complies with all bank policies, procedures, laws, and regulations.
  • Additional duties as assigned

Knowledge, Skills and Abilities:

  • Provide excellent customer service and work in a team environment
  • Ability to prioritize and make ‘on the spot’ decisions that impact the customer, weighing customer satisfaction with exposure to loss or fraud
  • Effectively operate all office equipment required to support this position. To include but not limited to personal computer, strong keyboarding skills, fax, scanner/copier, printer, phone system, all applications, spreadsheets, database and presentation software necessary
  • Strong interpersonal skills, attention to detail and positive attitude
  • Excellent oral and written communication skills. Display independent judgement.
  • Demonstrate excellent organization, prioritize workflow, adaptability and flexibility.
  • Ability to work in a fast-paced environment and be a quick thinker and learner while maintaining a high degree of accuracy.

Training and Experience:

  • Two-year college degree or, finance or banking experience, preferred.

*The above statements are intended to describe the general nature of work of employee. Deerwood Bank has the authority to change and/or add any functions, duties and responsibilities as management deems necessary to meet business and organizational needs.






Real Estate Lender: Waite Park or Twin Cities


 

About the Position

Responsible for structuring and closing real estate loans as well as developing new business Represent the bank in the local community through active involvement in community affairs and participate in marketing all of the bank’s products and services with a primary focus on our mortgage products

Key Duties & Responsibilities:

  • Source and develop loans for all aspects of our market including but not limited to: Residential Real Estate, Home Equity Lines of Credit and Construction for both in-house portfolio lending aswell as secondary market lending.
  • Negotiate terms, structure loan financing based on risk considerations and present credits for approval to appropriate levels of authority within the bank or with an investor in accordance with bank policies & procedures as well as following investor guidelines.
  • Complete necessary credit investigations on each loan application as appropriate for keeping credit files current for the dur ati on of the loan including responsibility for collecting documentation from borrowers in a timely manner and ensuring all title and underwriting conditions are met prior to closing.
  • Work with loan team to ensure that all pertinent documentation is complete and accurate, complies with company policies, procedures and regulations as well as ensuring the collateral has been properly secured.
  • Monitor progress for construction loans in the process as well as periodic inspections following bank policy.
  • Maximize bank profitability through appropriate pricing of new loan originations and fee income.
  • Support the bank’s strong relationship banking culture through ongoing customer contact, quality customer service, and superior product knowledge.
  • To support the strong relationship banking culture Lender’s must ensure that closings are coordinated in a timely manner and ensure all loan closing proceedings run smoothly while making efforts to attend the closings when possible if they are not being done by the Lender themselves.
  • Build and maintain positive relationships with all customers, potential customers, referral sources, investors and co-workers.
  • Work as a team with Processing staff in allocating tasks and coordinating the workflow.
  • Contribute to the fulfillment of department and company objectives and goals.
  • Submit files via the tasks Queue for processing, underwriting, and disclosing.
  • Effectively manage your loan portfolio while maintaining a positive rapport with borrowers. Will be required to connect with borrowers regarding their delinquent loans to discuss a plan and ensure actions are executed to resolved payment issues while following all bank policies and procedures as well as adhering to regulations regarding debt collection practices.
  • Willingly perform all other duties & projects as assigned as well as providing back up to other positions within the Mortgage Department.

About You

We seek to find a highly motivated and organized individual who enjoys working closely with staff and customers.

The above statements are intended to describe the general nature of work of the employee. Deerwood Bank has the authority to change and/or add any functions, duties, and responsibilities as management deems necessary to meet business and organizational need.






Bank Teller (Full-Time): Grand Rapids, Blackduck


About the Position

We have a couple of offices who are looking for a full-time teller who would be responsible for performing a variety of duties such as proper handling of teller work, cash, accurately balancing, deposits, checks, payments promoting various bank products and services as well as other tasks as assigned. This position demands a high level of customer service skills, attention to detail and adherence to all bank policies and procedures.

About You

We seek to find a highly motivated and organized individual who enjoys working closely with staff and customers.

About Your Experience

  • High school diploma or GED preferred
  • Cash handling and customer service experience preferred

If you have a passion for customer service, good written and verbal communication and interpersonal skills and cash handling experience, we would like to meet you!

The above statements are intended to describe the general nature of work of employee. Deerwood Bank has the authority to change and/or add any functions, duties and responsibilities as management deems necessary to meet business and organizational need. 






Employment Application Form *PDF* »

Mail completed applications and/or resumes to (Unless otherwise indicated above)

Andrea Bedard, PHR
Deerwood Bank
PO Box 520
Deerwood, MN 56444

Or scan and email to andrea.bedard*AT*deerwoodbank.com

 

An Equal Opportunity Employer

Applicant Rights Under Federal Employment Laws:

Family and Medical Leave Act (FMLA) 

Equal Employment Opportunity (EEO)

Equal Employment Opportunity Supplement

Employee Polygraph Protection Act (EPPAC)