Mortgage Loan Processor

Job Function / SummaryVerifies that the information received is accurate and acceptable. Requires a basic knowledge of mortgage documents, review underwriting conditions, acquire required documentation, and is responsible for the final presentation of the loan package to an underwriter for the final decision by performing the following duties. Essential Duties and Responsibilities include the following. Other duties may be assigned.Essential Duties and ResponsibilitiesReviews and inputs incoming documents (i.e. VOE, VOD, credit, etc.) into Mortgage Loan Operating System (LOS)Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.Reruns Automated Underwriting System (AUS) to ensure same automated decision is applicableRecommends that loan not meeting standards be deniedCalls specified companies to obtain property abstract, survey, and appraisal if neededDetermines if appraisal is to be ordered and what typeReviews appraisal for errors and meets underwriting criteria and notifies lender of any discrepanciesInforms supervisor of discrepancies in title or surveyAssembles file in electronic imaging system and reviews for completeness and accuracyNotes the estimated closing date and type of transactionReads notepad for pertinent information not obvious in file, identifies missing items and notifies appropriate partyOrders updates to credit reportRequests needed documentation not previously requestedReconciles LOS and AUSGathers all required documentation prior to closing and resubmits for final approvalSubmits mortgage loan application file for underwriting approvalOrders flood determinationTypes and mails approval and denial letters to applicantsConfirms closing date and location of closingSends out construction package if necessary to branch lendersPrepares closing sheet and sends file to closing department for settlementNotates denial or withdrawal status in LOS and prints appropriate packageSubmits denied files to underwriting for review and signaturesReconciles fees to determine if funds are missingRecords data on status of loans, including number of new applications and loans approved, canceled, or deniedMinimum Required Education and/or ExperienceRequired: High school diploma or general education degree (GED) and four to six years related experience and/or training; or equivalent combination of education and experience.Preferred: Bachelor's degree and four to six years related experience and/or training.Experience Preferred: Four to six years of mortgage lending or similar financial experience and/or education.Certificates, Licenses, RegistrationsNo specific requirements are needed to satisfactorily perform this job.ESSENTIAL MENTAL & PHYSICAL REQUIRMENTSAbility to work under stress and meet deadlinesAbility to operate related equipment to perform the essential job functionsAbility to read and interpret a document if required to perform the essential job functionsAbility to travel if required to perform the essential job functionsAbility to lift/move/carry approximately 10 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an "undue hardship" then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.DISCLAIMERThis job description is only valid as of the date it was revised. Please contact the HR Compensation Department to obtain the latest version. Information contained herein should be treated as confidential to Hancock Holding Company. NOTHING IN THIS JOB DESCRIPTION RESTRICTS MANAGEMENT'S RIGHT TO ASSIGN OR REASSIGN DUTIES AND RESPONSIBLITIES TO THE JOB AT ANY TIME.Equal Opportunity/Affirmative ActionAll qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.J-18808-Ljbffr Hancock Whitney