Performs the daily functions connected with loan processing. Effectively processes loans in accordance with company policies and procedures. The duties for Processor include, but are not limited to, those described below.
Verifies, compiles, and inputs/updates application information for mortgage loans.
Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type, and amount of mortgage applied for including but not limited to borrower credit, assets, liabilities, and length of employment
Is able to run AUS after application data is confirmed to be accurate and meets guidelines
Is able to order verifications (income, assets, credit, liabilities) to verify accuracy of information stated on loan application
Is able to complete and generate various loan application forms/disclosures for borrowers
Is able to order title work, insurance, condo docs for approval, appraisals, and any other property related items required for the loan
Is able to perform necessary follow up on any items required for the loan in a timely manner (i.e.…title, insurance, appraisal, loan conditions from borrower, etc.)
Informs supervisor and/or Loan Originator of discrepancies on any loan documentation provided or ordered
Uses all required Checklists for Underwriting and Closing Departments
Performs other related duties as assigned by Processor, Lead Processor, or Branch Manager
Qualifications
Two or more years, unless Junior Processor will be working with an experienced Processor
Ability to make sound judgments regarding the resolution of customer service issues
Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative
Ability to handle detailed assignments and maintain confidentiality
Excellent communication and interpersonal skills
Organizational skills necessary to prioritize workload
High School Diploma or equivalent
Benefits
Option to go on Full Medical, Dental and Vision
401k is offered but no match
2 weeks paid vacation for first 4 years, 3 weeks thereafter
1 week of sick time each year along with 9 to 11 holidays