Mortgage Loan Processor

Description:

Summary: Assists in the implementation of programs , policies, and practices to ensure that all departments are in compliance with federal, state and regulatory requirements. Assist Mortgage Originator as needed.

Essential Functions

• Prepares, schedules, and executes consumer, residential, equipment, SBA, commercial building and business loans in compliance with the Bank’s lending policies and procedures as well as applicable Federal and State Regulations.
• Ensures all necessary loan documentation, including credit reports, verifications, and tax returns are properly collected and executed.
• Record, prepare continuations, and/or cancel titles, UCC’s and deeds of trust.
• Request final titles from attorneys, request title insurance on real estate loans, request construction endorsements.
• Order appraisals, request construction inspections.
• Work exception report.
• Assist customers in making draws and payments on lines of credit.
• Notarize documents as needed.
• Have discussions with buyers/sellers, realtors and attorneys as needed.
• File/Scan loan documents.
• Assist in preparation of loan packages for committee approval.
• Remit completed loans to loan operations for uploading.
• Deposit all fees collected at time of application or closing.
• Assist loan officer as requested.
• Provide back-up to other areas of the branch if needed.
• Must be in good standing with NMLS.
• Performs other duties as assigned.

Requirements:

Education and Experience

• Graduation from high school or equivalent GED
• Some college or postgraduate technical training preferred
• A minimum of two year’s job-related experience is preferred
• Excellent communication skills both verbal and written
• Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition and grammar.
• Above average computer and keyboard skills.
• Good organizational skills.

Other

• Must be neatly dressed and well groomed.
• Required to complete all compliance and e-learning courses by due date.
• Must adhere to all bank policies and procedures