Mortgage Loan Processor

Mortgage Loan Processor

If you love sales and are passionate about helping others purchase their dream home, consider a career with Bell Bank's mortgage team. You will work with colleagues in a first class culture that provides a family atmosphere, enjoy great benefits and provides a high level of service that makes each mortgage run smoothly – by sending closing packages five days before the closing, in-house underwriting and processing and having a support team to allow you to work efficiently.

Company Information:

Bell Bank Mortgage is backed by the financial strength of one of the nation's largest independently owned banks. Founded in 1966 in Fargo, North Dakota, Bell Bank has more than $10 billion in assets and full-service banking locations in Arizona, Minnesota and North Dakota. Bell has empowered more than $26million in charitable giving through its unique Pay It Forward initiative, through which every employee chooses each year how to help individuals, families and organizations in need.

Originally founded in 1880 by early Minneapolis civic leader David C. Bell, Bell's mortgage division today has thousands of family mortgages to its name. Bell Bank Mortgage has been in Arizona since 1997 and is actively expanding, most recently opening locations in New Mexico and several other regional offices.

Bell Bank has been recognized as a top bank and a top financial workplace byAmerican Banker, ForbesandFortune, and has been named among America's top mortgage employers byNational Mortgage Professionalmagazine.

If you want to work for a strong, growing, forward-looking organization with world-class employees, this is the place for you.

Bell's Values:

As stewards, dedicated to the growth and reputation of this independently owned organization, we are committed to:

• Promoting and sustaining our family atmosphere.
• Providing unequaled personal service to each and every customer.
• “Paying it forward” by giving back to the communities we serve.

Our Bottom Line:

Happy Employees! Happy Customers!

Job Summary:

This position processes all Mortgage Loans assigned from the loan officers or supervisors by performing
the following essential duties and responsibilities.

Primary Duties:

• Review all new loan applications within 72 hours of receipt of file to ensure compliance with all
  investor agency/federal compliance guidelines.
• Update loan files, the mortgage computer system, and the tracking system as information is
  received; prepare final loan package for closing and final approval.
• Determine information needed from customers to successfully process the loan, obtain credit
  reports, order appraisals, title binders, surveys and tax transcripts; mail verification of deposit,
  verification of employment, and verification of mortgage forms, and update loan files and
  tracking systems when forms are returned.
• Review and analyze credit documents for accuracy and compliance with investor/ agency
  guides. Identify potential problems and discusses them with loan officer and/or supervisor.
• Serve as the contact for borrowers, sellers, and agents involved in loan file, notifying and
  working with them to resolve any problems that may arise.
• Submit the loan file directly to the underwriting department without prior review from supervisor.
  If necessary prepare cover letter highlighting compensating factors. Follow up on all outstanding
  underwriting conditions and resubmit as needed.
• Provide calculation of borrower's income according to investor/agency guides, including but not
  limited to borrowers with multiple sources of income.
• Follow and monitor the schedule of closing with title companies.
• Prepare loan file for closing, hazard insurance binder, H06 for condominiums and PUDs,
  complete TRID checklist.
• Final HUD review.
• Update loan officers with current file status weekly.
• Assist post-closing with any investor pend issues.
• Remain informed of all aspects of investor/agency/compliance policies that affect the processing
  of Mortgage Loans.
• Remain knowledgeable of all loan programs offered.
• Respond in a timely manner to quality control inquiries/exceptions on all audit reviews.
• Conduct activities consistent with established Bell Bank policies, procedures and systems, the
  Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal
  laws and regulations.
• All employees are responsible for information security, including compliance with policies and
  standards which protect sensitive information.
• Perform other duties as assigned.

Job Skills Required:

• Three to five years of Mortgage Loan processing experience required.
• Full understanding of FHA/VA, FNMA, FHLMC, FDIC Compliance, ATR/QM, mortgage audit
  underwriting, appraisal and investor guidelines.
• Proficient computer and accurate typing skills.
• Ability to function efficiently and effectively under deadlines and stress while maintaining a
  professional and mature profile.
• Ability to manage time, prioritize and multi-task.
• Ability to work extremely well with internal and external customers using excellent written and
  oral communication skills.
• Detail oriented with the ability to put puzzle pieces together.
• Ability to work well with people with diversified personalities.
• Ability to work as a team member.
• Self-motivated to research and problem solve.

Job Expectations:

• This Position offers a hybrid work schedule; you are required to work in office 4 days per week.
• Relocation assistance is not available for this position.

Bell Bank provides competitive compensation and an excellent benefits package.

Bell Bank

Equal Opportunity Employer