About Us

First Federal Bank of Louisiana is a full-service, locally owned, community bank that has helped build the communities we serve for 70 years. With 17 branches serving 11 communities in Louisiana, we are proud to offer our customers a wide variety of products and services to meet all of their financial needs. We offer Personal and Business Checking Accounts, Savings and CDs, multiple Retirement options, Home Equity Lines of Credit, as well as Mortgages and Consumer Loans. Our established Investment and Insurance divisions also offer a full line of products. Over the years, First Federal Bank has established a reputation for fast, professional service. We believe our customers expect and deserve nothing less.

Position Summary

Gathers required documentation from point of approval to closing by communicating and working with realtors, sellers, abstractors, attorneys, surveyors, and lenders. Prepares legal documents for closings and disclosures as needed.

Essential Duties & Responsibilities include, but are not limited to, the following: 

• Processes all originated real estate loans including, interim, mobile-home, mobile-home and land, lot loans, bridge, home equity and HELOC loans
• Orders, receives and reviews all title work - title opinions, title commitments, and mortgage and conveyance certificates/searches; orders title pre-search
• Requests payoffs for loans; requests tax amounts from tax assessor, as appropriate
• Prepares appropriate closing documents for the appropriate loan type; indexes documents 
• Requests invoices from attorneys, realtors commissions, payoffs, property tax information, and seller information in order to prepare closing disclosure
• Ensures all invoices are shown on closing disclosure and credits are accounted for payoffs
• Answers inquiries concerning loan closing information
• Requests flood and homeowner’s insurance with minimum amount required, maximum deductible allowed and mortgage clause; requests it be bound once closing date is determined; determines if insurance company rating is acceptable
• Prepares and/or obtains legal curative documents, as needed
• Processes interim draws to include calculation of completion and deposit of funds
• Prepares and reviews legal and closing documents for loan closing; coordinates preparation of closing disclosure with attorney; coordinates closing appointment with lender and attorney
• Orders appropriate surveys for interim construction closings; assigns loans to processors 
• Renews and extends interim construction loans 
• Ensures closing disclosures and GL accounts balance before closing disclosure is initially issued for both the buyers and sellers; issues initial and final closing disclosures 
• Calculates and includes prorated taxes, as appropriate
• Prepares authority to cancel and affidavits of distinction
• Processes adverse action documents for loans approved not accepted and secondary review, including paying bills and requesting funds due from client
• Sends home equity and HELOC mortgages to abstractor to record and close out the mortgage/conveyance certificate, as needed
• Prepares reports for expiring interim rate locks and intermission with no rates locked
• Runs, reviews, and corrects issues in the compliance report for all loans prior to closing
• Compliance training is assigned to all Bank personnel based on their position with the Bank. Employees are required to complete all assigned training timely and in accordance with Bank policy.
• Contributes to team effort by accomplishing related duties, as assigned

Minimum Qualifications 

• High school diploma or GED, 
• One (1) year of real estate loan processing experience and/or training
• Experience working with legal documents, specifically titles, mortgages, and powers of attorneys is required.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are a basic summary of the knowledge, skill, and/or ability required. The full job description is attached as a pdf to this job posting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Other Duties & Responsibilities

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. 

Equal Opportunity Employer

The employment policy of First Federal Bank and its subsidiaries is to provide an equal employment opportunity for all employees and job applicants without regard to race, color, religion, sex, national origin, age, individuals with disabilities, protected veteran status, sexual orientation, gender identity, genetic information, or any other legally protected characteristics or activities in accordance with applicable laws.