Mortgage Lending Assistant
Company: Lake Elmo Bank
Location: Lake Elmo
Posted on: February 17, 2026
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Job Description:
Job Description Job Description Position : Mortgage Lending
Assistant Type: Regular Full Time Hourly-40 hours per week; On
Site. Hours: 8 a.m.-5 p.m. Monday-Friday Benefits: Medical, Dental,
Vision; Bank paid Life Insurance, Short Term Disability and Long
Term Disability; Float time, vacation and sick time; 401(k);
Employee Stock Ownership Plan. The Mortgage Lending Assistant
assists with consumer real estate lending and is responsible for
gathering, assembling, and preparing information and documentation
for mortgage transactions; organizing the loan file during and
after the closing; monitoring receipt of final loan documentation,
and general assistance to mortgage lenders in the processing,
closing and disbursement of consumer real estate loans (1st
mortgages, construction/lot loans, home equity loans/lines of
credit and other mortgage products). Education and Experience
Requirements: High School Diploma or GED is required. One year of
related banking and/or loan processing experience preferred.
Previous customer service experience required. Major
Responsibilities Accurately and efficiently prepares written
correspondence, emails, and other documents from written or verbal
instructions for loan officers as assigned. Generate accurate and
timely preliminary loan disclosures/redisclosure for designated
loan types to ensure compliance with applicable regulatory
requirements. Establish initial loan file and order required
documentation such as property value/title documentation,
income/asset verifications, proof of insurance, etc.; update
applicable data and track status in lending software and on
internal checklists; scan 1st mortgage loan file documentation to
Appropriate folders as well as Internal Scanning Software; scan and
submit underwriting packages for secondary market loans to investor
for approval review; monitor underwriting approval conditions to
ensure compliance either prior to or at closing; complete Ability
to Repay and Qualifying Mortgage data entry for designated loan
types. Monitor documentation exceptions and follow up for receipt,
including recorded loan documents, supplemental Owners &
Encumbrances, and final title insurance policies, etc. using the
internal tickler system and Loan Origination System. Ship final
documents to investor on sold 1st mortgage loans. Maintain file
organization consistent with established bank guidelines. As a
member of the Mortgage Lending Department, actively identifies
customer needs and preferences and communicates observations to
Group. Fully understands all Bank products, communicates
appropriately with customers about products, and makes appropriate
referrals to co-workers. Schedules closings, collaborates with
title companies and Loan Officers to generate and send out initial
closing disclosures, works with Mortgage Lenders to prepare final
closing disclosures and documents, sends final closing packages to
title companies, requests loan proceeds to be wired to the title
company (requests funding). Various duties as assigned. Knowledge,
Skills and Abilities: Professional, team-oriented, organized,
detail-oriented individual. Must be able to work independently.
Excellent communication and customer relationship skills. Ability
to prioritize tasks to support both external and internal
customers. Strong computer and typing skills. Problem-solving
abilities and ability to meet reasonable deadlines. Desire to learn
and grow. Strong attention to detail and accuracy. About Us: Lake
Elmo Bank was chartered on August 1, 1911 and has built its
tradition on a personal approach to banking. We get to know our
customers so that we understand each customer's unique needs with
the intent of building long-term financial relationships. This goal
has been the foundation of our business for over 100 years. Today,
with assets over 500 million dollars, Lake Elmo Bank is among the
larger community banks in the State of Minnesota. Because of its
unique history and the Bank's commitment to community service, Lake
Elmo Bank has successfully served the residents and businesses of
the east metro area with a continued commitment to its tradition of
service. Lake Elmo Bank was also voted "Best Bank" by the
Stillwater Gazette Readers' Choice Awards. Lake Elmo Bank is an
equal opportunity employer. All qualified applicants will receive
consideration for employment without regard to sex, gender
identity, sexual orientation, race, color, religion, national
origin, disability, protected Veteran status, age, or any other
characteristic protected by law. Accommodations are available on
request for candidates taking part in all aspects of the selection
process. To request accommodation, please contact the human
resources department.
Keywords: Lake Elmo Bank, Saint Cloud , Mortgage Lending Assistant, Administration, Clerical , Lake Elmo, Minnesota
