Loan Processor

Location:

Mankato, MN;
Rochester, MN;
Sun Prairie, WI, or any other Compeer location. This position offers a hybrid work option up to 50% remote.

• Hybrid model – up to 50% work from home
• Flexible schedules, including summer flexibility
• Up to 9% towards 401(k) (3% fixed Compeer contribution plus up to 6% match)
• Health, dental, vision, HSA/FSA, life & AD&D insurance, short‑term and long‑term disability, wellness program & EAP
• Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
• Learning and development programs
• Cross‑functional committee opportunities (e.g., Inclusion Council, emerging professional groups)
• Professional membership/certification reimbursement

• Facilitate the client journey through the processing of new PCA loans, including all aspects of product delivery before, during and after closing.
• Serve as a client point of contact, establishing strong relationships through consistent service.
• Collaborate with financial officers to obtain pre‑qualification information and meet tight deadlines.
• Prepare accurate loan documents from application through closing, ensuring monitoring of closing conditions and accuracy.
• Act as the Deal Champion on all submitted loans, maintaining broad knowledge of association processes and policy.
• Follow territorial concurrence procedures and ensure regulatory compliance.
• Ensure accuracy of loan pricing and fees, prepare rate lock agreements, and monitor closing deadlines.
• Complete loan verification requirements and review entity and trust documentation for compliance.
• Approve loan disbursements, book loans, and perfect lien position, including UCC terminations and vehicle title issuance.
• Maintain accuracy of the chattel tracking system and coordinate with teammates to enhance the client experience.

• High school diploma or GED.
• Demonstrated understanding of collateral and perfecting liens.
• Ability to initiate, organize and prioritize work.
• Keen eye for detail, ensuring accuracy and compliance in loan documentation.
• Adaptable to changes to mitigate risks and seize improvement opportunities.
• Proficient in Windows environment using Microsoft Word, Excel and Outlook; ability to learn new systems (e.g., loan origination).

Base Pay: $42,300 – $66,600 USD. This role is eligible for variable compensation and other benefits.

Compeer Financial is an equal‑opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Must be authorized to work for any employer in the United States. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.