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Form of work
SalaryPosition Overview:
The Loan Processor obtains and verifies documentation and information to support the credit worthiness of the submitted mortgage file on behalf of the bank. It is the overall responsibility of the Loan Processor to ensure that the mortgage as a whole meets compliance regulations and is accurate in regards to the terms of the loan, the borrower(s) and fees associated with the transaction.
Primary Duties:
Receives files from the Mortgage Loan Originators. Performs a preliminary review of documents submitted, and follows up on outstanding documents whether with the customer or vendor.
The Loan Processor will update the origination system with verified information, prior to submitting the file to the underwriter. The Loan Processor will issue the preliminary loan estimate disclosure and any redisclosed loan estimates. Orders items necessary for a new file, including but not limited to, appraisal, title work, flood certification, and verifications of employment, loans, and deposit accounts.
The Loan Processor will communicate any outstanding issues on the file with the Mortgage Loan Originator and/or customer.
Use a ladder to retrieve loan files. Lifting, not to exceed 45 lbs.
Requirements
- Conduct business and make decisions consistent with bank's ethical standards and within the lending policies.
- Take ownership of all position responsibilities and pro actively seek to resolve issues independently and with the assistance of fellow team members.
- Promote teamwork within the department and bank, understanding the ultimate goal of customer satisfaction and not individual accomplishments.
EOE
Equal Housing Lender and Member F.D.I.C
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- Monday to Friday
Experience:
- Loan Processing: 1 year (Preferred)
Work Location: In person
