Mortgage Loan Processor - Banking

The Mortgage Loan Processor is responsible for the timely and accurate processing of mortgage loan files according to established workflow, procedures and regulations as well as ensuring all dates on disclosures are accurate.

Process loans from set-up to closing by verifying, compiling and entering borrower information into loan processing system (s)

Review loan application files to verify that all data is complete and meets standards, including the loan type and purpose, borrower assets, liabilities, and employment; verify Loan Estimate data is in compliance

Verify all loan documentation including income, credit, appraisal, and title, while maintaining strict compliance with all application federal and state regulations

Interact with Mortgage Loan Officer (MLO) to obtain information from borrower or to seek clarification about documents in the loan file, contact borrower to obtain missing or incomplete information, as necessary

Contact specified companies to obtain property abstracts, surveys, and appraisals

Provide strong and clear communication to underwriters, other mortgage department personnel and borrowers regarding documents needed for mortgage loan files to ensure quick turnaround time

Submit loan application files to underwriting for approval

Perform administrative duties such as faxing, photocopying, filing and phone support as necessary

Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies

Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.

High school diploma or equivalent; One (1) year of loan processing related experience and/or experience plus training

Basic knowledge of bank operations and products

Basic knowledge of federal and state banking compliance regulations, and other Bank operational policies

Proficient in Microsoft Outlook, Word and Excel

Excellent customer service and time management skills

Good data entry/keyboarding and math skills

Physical Requirements And Environmental Conditions

Frequent use of PC, including typing or sustained attention to monitor

Frequent typing using a keyboard and/or calculator

Occasional lifting of basic office files or equipment up to 20 lbs

Normal office environment with comfortable internal temperatures and low level noise