Mortgage Loan Processor

Description

Summary/Objective

The Mortgage Loan Processor is part of the Personal Banking/Business Banking Department and reports directly to the AVP Personal Banking. The primary responsibilities of this position including processing residential mortgages and providing administrative support to the mortgage loan officers. This position is directly responsible for maintaining bank compliance standards for mortgage loans.


Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Compiles brokered, correspondent, and in-house loan files for mortgage loan officers.
2. Requests fees from title company to send out the initial upfront disclosures, i.e Loan Estimate
3. Identifies potential problems and discusses them with the MLO.
4. Orders title report, closing protection letters, tax certifications and plat maps.
5. Orders appraisal at the appropriate time and reviews appraisals if necessary.
6. Requests title work and homeowner's insurance as needed.
7. Creates documents.
8. Draws loan documents for correspondent loans.
9. Reviews and creates settlement sheets, including Final Closing Disclosure, and other documents for accuracy and compliance and sends to MLO for approval.
10. Helps monitor the schedule of closings with title companies.
11. Prepares loan for purchase by corresponding bank.
12. Provides accurate and correct information while processing the file.
13. Completes pre title searches for home equity loans.
14. Ensures all loans are in compliance with all investor agency/federal compliance guidelines.
15. Assists MLO in completing all originating documents and disclosures as required by law.
16. Maintains all ND escrow accounts. Responsible for paying homeowner's insurance and property taxes.
17. Consistently demonstrates appropriate interpersonal communication skills with customers, coworkers, and outside vendors.
18. Follows all Unison Bank policies and procedures.
19. Regular and reliable attendance.

Supervisory Responsibility

This position has no supervisory responsibilities.

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, 10-key calculator, photocopiers, and filing cabinets.

Physical Demands

This is a largely sedentary role. The employee is regularly required to remain in a stationary position. The employee is occasionally required to move about inside the office as well as position self to maintain files and file cabinets. The employee is regularly required to handle paper documents and operate a computer and keyboard. The employee is regularly required to communicate with customers and other staff members and exchange accurate information in these situations. The employee is required to have close visual acuity to perform activities such as viewing a computer terminal and documents.


Position Type/Expected Hours of Work

This is a full-time position.

Travel
No travel is required.

Required Education and Experience

High school degree or equivalent; 3 years of administrative support experience preferred or prior experience with different types of mortgage loans, escrow and ARM requirements; or an acceptable combination of education and experience. Must be NMLS registration eligible.


Competencies

Communication proficiency

Technical capacity.


Ethical conduct.

Customer/client focus.


Clerical.

Communication proficiency.

Attention to Detail.


Additional Eligibility Qualifications

None required for this position.

AAP/EEO Statement

Unison Bank is an equal opportunity employer.


Other Duties

Please note 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.