Mortgage Loan Processor

Mortgage Loan ProcessorFor over 70 years, The First State Bank has remained committed to serving communities and customers alike by providing the products our customers want while staying true to our motto – "Friendliest Bank Anywhere". FSB has grown to include 14 full-service branches and one additional loan production office. Our vision for growth is cemented in staying true to our roots while continuing to add highly motivated, qualified individuals to our already talented team.The Mortgage Loan Processor is responsible for the processing, closing, and funding of new real estate loan transactions as well as customer, loan officer, and branch support for existing real estate loans and general mortgage inquiries.Duties and ResponsibilitiesEntry of new applicant's information into Encompass softwareCompiling all data available to submit to the underwriter for review and qualifications of the borrowersGathering of CIP, FSB, bank statements, property data, taxing authority information available on the property, and pulling credit reportsWelcome call to the customer same day as receipt of new applicationCreating initial loan disclosures in compliance with current bank regulations including the LE, Respa Disclosures, and intent to proceed within 48 hours of receipt of the loan application. Gather all conditions based on the underwriter's condition approvalCreate statements of denial and counteroffersPull flood determinations for the collateral propertiesResolve any flood determination manual research issuesCustomer and MLO support throughout the loan processOrdering of third-party services such as appraisal, appraisal review, title searches, survey, and insurancePreliminary review of appraisal, title, and financial informationWork with all parties to clear up discrepancies or possible income verification and/or value issuesWork with the title agent to clear any title or property survey issuesWork with MLOs to collect borrower information and provide underwriting with all necessary conditions to be met in order to consummate a new loanReceive approval from loan originator based on loan amount and exceptionsSubmit documentation for review by the underwriter to discern if all requested documentation is complete and within the guidelines set by the conditional approval and bank policyPerform other duties as assignedRequired Skills/AbilitiesExcellent verbal and written communication skillsProficient with Microsoft Office Suite or related software programExcellent problem-solving and analytical skillsTime management and prioritizationEducation/ExperienceBachelor's or Associate's degree preferred or commensurate work experience3+ years of banking experience highly preferredPrior mortgage experience preferredEOE/Veterans/Disability