Secondary Market Loan Processor

    Job Description

• Assist with obtaining required information for mortgage loan applicants regarding verification of employment and deposits, appraisals, credit reports, title work, payoffs/subordinations, flood certification, tax transcripts, homeowner’s insurance, and any other pertinent information necessary for the loan file
• Process and verify documents received for mortgage loans, and update files/systems per the verified information
• Prepare, stack, and submit files to lenders for underwriting
• Input and update required customer information into secondary market loan origination software
• Upload loans from loan origination software to lender websites for compliance and disclosure benchmarks, electronic delivery of loan application, and run automated underwriting findings
• Assist processing manager with preparing closing documents or requests
• Assist post-closing with follow up on missing or incorrect documentation when needed
• Answer questions from loan officers and customers pertaining to loans in process, potential loan requests, and general information
• Completes and prints appropriate disclosures for all loan applications, and works with loan officer to deliver in timely fashion to applicant
• Assist loan officer in requesting and following up on missing documentation
• Interpret underwriting conditional approvals and collects information/documents needed to clear the conditions for a final approval
• Assist processing manager in arranging/coordinating loan closings with lender, title closer, loan officer, borrowers, and realtors.

    Education & Experience

Education: High school diploma or equivalent; college degree preferred.

Experience: Previous loan processing experience required.


Minnesota Lakes Bank is a name that attempts to capture the iconic nature of the state of Minnesota, the land of 10,000 lakes. Minnesota Lakes Bank operates service facilities in Delano and Mound and a loan production office in Buffalo, Minnesota.

We are very proud of the people who work at Minnesota Lakes Bank, not only because of their individual abilities, but because of the way they represent this bank to our customers.

Minnesota Lakes Bank offers a competitive compensation and benefit package.

    How to Apply

Qualified candidates may submit resumes to or apply online at

Equal Opportunity Employer

Minnesota Lakes Bank
215 Highway 55 E Ste 102 Buffalo, MN 55313-5900

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