Current jobs related to Mortgage Loan Processor/Hybrid - Spencer - Cornerstone Bank

  • Mortgage Loan Officer

    7 days ago

    Spencer, Massachusetts, United States HUNT Real Estate Full time

    About the RoleHUNT Mortgage Corporation is seeking a highly skilled and experienced Mortgage Loan Officer to join our team. As a Mortgage Loan Officer, you will be responsible for originating and evaluating mortgage loans, guiding clients through the loan process, and ensuring customer satisfaction.Key ResponsibilitiesMeet with loan applicants to identify...

  • Mortgage Loan Originator

    4 months ago

    Spencer, United States Northwest Bank Full time

    Essential functions & Responsibilities Include, but are not limited to: Solicit mortgage loans. Inform prospective loan customers of the Bank's underwriting guidelines and applicable government regulations. Counsel loan applicants. Process and review mortgage applications; track and follow-up loan application processing, to include closing loan documents...

  • Mortgage Post Closing Specialist

    1 week ago

    Spencer, United States Owen County State Bank Full time

    About the RoleWe are seeking a highly organized and detail-oriented Mortgage Post Closing Specialist to join our team at Owen County State Bank. As a key member of our Loan Operations department, you will play a critical role in ensuring the accurate and efficient processing of mortgages, commercial loans, lines of credit, and contract safekeeping agreements...

  • Loan Processor

    3 months ago

    Spencer, United States Northwest Bank Full time

    Essential Functions & ResponsibilitiesInclude, but are not limited to: Ensure data integrity in the Loan Origination Systems (LOS). Process loans, as directed, to ensure accurate and complete documentation. Follow up to ensure loan file is complete; ensure all pre-closing conditions are met. Serve as a backup for other position(s) and perform other duties,...

  • Mortgage Post Closer

    1 week ago

    Spencer, United States Owen County State Bank Full time

    DescriptionJob Title: Mortgage Post Closer Reports To: VP, Loan Operations Department: Loan Department Supervises: None FLSA Status: Non-exempt Last Reviewed: 05/23/2024 Job Summary: Responsible for accurate and efficient compiling and processing of mortgages, commercial loans, lines of credit and contract safekeeping agreements for all branches. Essential...

  • Real Estate Loan Support Specialist

    3 weeks ago

    Spencer, Iowa, United States Farmers Trust and Savings Bank Full time

    Position OverviewThe Real Estate Loan Support Specialist plays a crucial role in assisting the Real Estate Lending team by managing the preparation of essential loan documentation. This position emphasizes strict adherence to compliance requirements for documentation necessary before the loan closing process.Key responsibilities include:Ensuring all required...

  • Real Estate Lending Assistant

    2 months ago

    Spencer, United States Farmers Trust and Savings Bank Full time

    Job DescriptionJob DescriptionThe Real Estate Lending Assistant will help the Real Estate Lending staff by preparing loan documents. A strong emphasis will be on compliance with required documents needed prior to loan closing. Ability to register and obtain approval in the National Mortgage Licensing System and Registry. Be willing to submit and pass a...

  • Mortgage Servicing Representative

    3 weeks ago

    Spencer, Iowa, United States Northwest Bank Full time

    Key Responsibilities As a Loan Servicing Specialist, your role will encompass the following: Input and maintain loan data within the systems as necessary.Ensure the accuracy and integrity of information in the Loan Origination Systems (LOS).Provide support to branch operations, focusing on problem-solving and enhancing processes to align with corporate...

  • Financial Services Representative

    3 weeks ago

    Spencer, United States Owen County State Bank Full time

    Universal Banker Role at Owen County State BankAs a **Universal Banker**, you will be responsible for a variety of essential banking functions that support our customers and enhance their banking experience. Your daily tasks will include:Processing customer transactions such as deposits and withdrawals, while ensuring accuracy and compliance with bank...

  • Customer Service Representative

    3 weeks ago

    Spencer, United States Owen County State Bank Full time

    Universal Banker Position at Owen County State BankKey Responsibilities:Manage daily operations including accepting deposits, executing standard transactions, selling financial instruments, and addressing customer inquiries.Deliver exceptional customer service by promoting banking products, facilitating the opening and closing of accounts, and handling...

  • Universal Banker

    3 months ago

    Spencer, United States Owen County State Bank Full time

    Description 1. Perform daily responsibilities to include: accept deposits and accurately process routine transactions including loan payments; redeem savings bonds and sell money orders and cashier checks; prepare cash transaction report; process night deposits and process mail deposits; order foreign currency and wrap and count coins; assist customers with...

  • State Parks Equipment Operator

    6 days ago

    Spencer, United States state of indiana Full time

    Work for Indiana Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a diverse range of opportunities across 60+ agencies. At the state, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a...

Mortgage Loan Processor/Hybrid

4 months ago

Spencer, United States Cornerstone Bank Full time

Job Type

Full-time

Description

Do you want to work for a company that is as loyal to you as you are to them??

Well, at Cornerstone Bank, we place a high value on loyalty to our employees. A lot of companies will say this, but Cornerstone demonstrates it on an on-going basis. Recent examples include:

  • No lay-offs or furloughs during Covid,
  • Also, during Covid, we implemented "Dinner on Us" where we encouraged employees to get dinner for their families once a week on the company,
  • Increasing mental health benefits to unlimited to help employees and families cope with the stress of the epidemic, and
  • A student loan paydown program empowering employees to be debt free faster
Cornerstone Bank was formed in 2017, born of a long history of supporting the community, and providing a strong foundation to help people and businesses thrive. Serving Worcester County, Cornerstone Bank's local presence and community-based banking model enables a unique ability to deliver outstanding service, with a personal touch. Cornerstone provides the highest level of service and expertise for individuals, businesses, and community organizations with branch locations throughout Central Massachusetts.

Cornerstone Bank is committed to providing a collaborative workplace where innovation, teamwork, accountability, and excellence are recognized and where employees are encouraged to broaden their skills, seek opportunities for professional development, serve their community, and provide outstanding customer service with each encounter.

Being a part of the Cornerstone team has many great benefits and perks. This includes a competitive pay, a generous student-loan paydown program, comprehensive benefit package including, medical, dental, vision insurance and even pet insurance We offer a 401(k) plan with an employer contribution and match, success-sharing bonuses, paid time off and more

If you are looking to join a team that is committed to your ongoing professional growth and development, we are looking forward to speaking to you

We are currently looking for a Mortgage Loan Processor to join our team. This position reports directly to our VP - Loan Production Manager and is responsible for a variety of loan processing and related administrative activities in conformance with established Bank policies, procedures, and objectives.

Responsibilities and Accountabilities
  • Processes residential loan applications in accordance with established policies, procedures, and timelines.
  • Clear understanding of lending regulations, including but not limited to the preparation of Initial Disclosure documents, as they relate to TILA-RESPA (Loan Estimate and Closing Disclosure completion).
  • Conducts initial loan review, requests 3rd party reports and verifications, contacts appropriate party about missing documentation, notifies attorney with preliminary closing request and prepares various forms and reports.
  • Obtain and analyze information to process mortgage applications which includes, but is not limited to, credit reports, appraisals, title work, verification of employment, calculation of income, asset verification and any other pertinent information.
  • Knowledge of Cornerstone Bank mortgage products. Ability to analyze customer needs, identify options for appropriate loan programs to discuss with the V.P. Loan Production Manager.
  • Knowledge of Secondary Market (FreddieMac/Fannie Mae) underwriting requirements. Loan Processors are responsible for keeping up with changes in Cornerstone Bank's underwriting policies and procedures. Attends relevant meetings and seminars as requested by supervisor.
  • Prepares file for underwriting and documentation completion. Works with underwriter to obtain necessary documentation for approval/denial process. Upon loan approval, sends completed loan file to Closing Department.
  • Accountability for obtaining signed rate lock form from customer, if applicable. Collection of application and if applicable, rate lock fees.
  • Processor must accurately determine customer's request to escrow monthly taxes and insurance. Review payment method with customer prior to loan closing.
  • Communicate at least weekly if not more often with customers throughout the loan process, keeping them informed of their loan status; as well as inquiries from originators, branch managers and other Bank personnel within scope of authority and expertise in accordance with established customer service guidelines.
  • Accuracy of data in processors loan pipeline. Processors are to consistently update and maintain loan status in our loan origination system. Document work performed on loan files in our loan origination system.
  • Responsible in meeting department service level goals.
  • Prepares and provides a variety of ongoing and recurring reports.
  • Performs miscellaneous administrative and clerical support duties as required.
  • Performs all duties in accordance with prescribed regulatory compliance guidelines.
Qualifications
  • Ability to adapt to any mortgage department changes
  • Must be detail oriented and able to meet strict deadlines
  • Must possess excellent communication, organizational, customer service, interpersonal, and computer skills
  • Able to use various types of office equipment, including personal computer and peripheral devices
  • Good understanding of Bank's products and services
  • Ability to navigate Bank's lending systems
  • Working knowledge of Microsoft Word & Excel
Education/Training/Experience
  • High School diploma or equivalent
  • One to two years loan processing or related experience


INDEPENDENT ACTION

Primarily working remotely, with ability to attend in office work days, in-person meetings, and trainings.

Performs work independently within scope of established guidelines and practices. Consults with Manager where clarification or exception to Bank policy may be required.

Cornerstone Bank is an Equal Opportunity Employer. In compliance with Equal Opportunity Guidelines and the Americans with Disabilities Act, Cornerstone Bank provides reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.