Mortgage Loan Processor

Mortgage Loan Processor

At Midwest Heritage, the core of our culture is taking care of the customer and taking care of each other. Our employees appreciate that their contributions make a direct impact on the success of our business as well as their own personal and professional growth.

General Function

Performs processing of real estate mortgage loans within full guidelines of secondary market and regulatory compliance.

Core Competencies

• Mortgage Loan Processing
• Loan Closing
• Organization
• Attention to Detail

Reporting Relations

Accountable and Reports to: AVP, Loan Operations Manager

Positions that Report to you: None

Primary Duties and Responsibilities:

• Obtains complete credit package, appraisal and title documentation.
• Assists loan officers with rate locks for secondary market real estate loans.
• Prepares underwriting packages to send to secondary market investors.
• Coordinates mortgage loan closings with branches and closer.
• Ensures that all closing conditions and requirements have been met.
• Ensures accurate printing of preliminary real estate loan documents.
• Provides processing support to loan officers.
• Performs other job-related duties and special projects as required.

Knowledge, Skills, Abilities, and Worker Characteristics:

• Excellent internal and external customer service skills required.
• Ability to work in a fast-paced environment essential.
• Attention to detail required.
• Must be able to prioritize workload.
• Ability to work independently with stringent guidelines.
• Computer friendly skills required.

Education and Experience:

• College degree preferred.
• Minimum 2 years in mortgage experience.

Physical Requirements:

• This position is classified sedentary/light and requires the ability to sit for long periods of time.
• Visual requirements include: ability to see detail at near range with or without correction.
• Must be able to perform the following physical activities: sitting for long periods, talking (in person and by telephone), hearing and repetitive motions.

Working Conditions:

• The duties of this position are normally performed in a general office setting. This is a fast paced work environment.
• There is frequent pressure to meet deadlines and handle multiple projects in a day.
• Minimal Travel.

Equipment Used to Perform Job:

Computer (PC with Microsoft Office programs), telephone, calculator, telephone, copier, fax, and printer.

Contacts:

This position works with Midwest Heritage employees, customers, Hy-Vee employees, vendors and outside agents doing direct business with Midwest Heritage.

Confidentiality:

This position has the responsibility to protect the privacy and confidentiality of customers, employees and bank/insurance/financial information at all times.

In the performance of their respective tasks and duties all employees are expected to:

• Follow all state and federal regulatory requirements and complete assigned training courses within the required timeframes.
• Perform quality work within deadlines.
• Interact professionally with other employees, customers and suppliers.
• Work effectively as a team contributor on all assignments.
• Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.