Mortgage Loan Processor and Closer

Job overview

The Mortgage Loan Processor and Closer role is an onsite, full-time position in Ottawa, IL, paying $25.00–$30.00 per hour. First Federal Savings Bank serves its community and customers, with a history of more than 130 years. This role manages residential mortgage files from application through closing and post-closing setup. Accurate processing, disclosures, funding coordination, and communication help borrowers and lending partners complete loans on time and in compliance with requirements.

What you'll do

• Process conventional, FHA, VA, and construction residential mortgage loans from application through closing
• review documentation for accuracy, completeness, and compliance. Prepare and review loan estimates and disclosures as assigned, including initial, revised, and final closing disclosures under TRID requirements. Coordinate underwriting conditions and closing requirements with loan officers, underwriters, borrowers, settlement agents, and other parties. Prepare closing packages, verify terms and figures, coordinate funding and disbursement, complete loan boarding, resolve post-closing discrepancies, and maintain accurate records and timely status communications.

What we're looking for

Skills & competencies

mortgage loan processing

mortgage closing

residential mortgages

trid disclosures

loan funding

loan boarding

conventional loans

fha loans

va loans

construction loans

ottawa il

first federal savings bank illinois

$25–$30 per hour

Work arrangement

• Weekend coverage required

Benefits & perks

• Employee wellness program
• paid holidays, vacation, sick time, birthday, and work anniversary
• medical, dental, vision, life insurance, disability coverage, and 401(k) with employer matching.

Why this role

Monday–Friday schedule; wellness program; paid holidays, vacation, sick time, birthday, and work anniversary; medical, dental, vision, life, disability, and 401(k) with employer matching.

About the employer

First Federal Savings Bank Illinois is hiring for this role. Industry: Savings Institutions and Other Depository Credit Intermediation. Sector: 52.