Mortgage Loan Processor

3 weeks ago

Carmel, United States Merchants Bancorp Full time

Job Type

Full-time

Description

As the Mortgage Loan Processor, you are responsible for ensuring the timely and accurate processing of mortgage loan transactions. Responsibilities include gathering customer data, assisting the loan officer with customer interaction and gathering of loan documentation, and processing and verifying loan documentation is in compliance with company policies and investor guidelines. You willalso perform pre-underwriting of investor loans and full underwriting of portfolio loans. As the loan processor, you will be actively ensuring the loan is moving along within the pipeline. If you are eager to grow within the mortgage industry then apply TODAY

This position is located in our Carmel, IN Headquarters. No Remote or Hybrid.

In one year as a Mortgage Loan Processor, you will know you were successful if you...

  • Take full ownership of the loan file once disclosures have been completed, through loan closing. Work with the borrower on Retail loans, except where otherwise noted in file, or required agent for Wholesale loans.
  • Assist the Disclosure team when necessary to provide required disclosures per TRID and other applicable regulations.
  • Order services needed, including, but not limited to flood, appraisal, fraud, title, verifications, etc..as required per product and underwriting.
  • Receive and review documents submitted by the borrower to determine adequacy.
  • Review credit reports and request additional information from borrower, or credit provided as needed.
  • Submit files to Automated Underwriting System, compare results to system, documentation and request any items required for underwriting.
  • Calculate ratios for the loan request to ensure compliance.
  • Review file for complete initial submission, reviewing any questions with your manager, when needed. Submit complete loan package to underwriting.
  • Request and submit additional conditions requested by underwriting, any questions on conditions should be reviewed with the Underwriter or your manager prior to submission.
  • Communication: maintain periodic file reviews with the Loan Officer, communicate with the borrower by borrower's preferred method of communication, best practice of beginning with a welcome call
  • Stay knowledgeable and up to date any compliance, regulatory, product and/or underwriting guidelines.
Requirements

What we're looking for...
  • Requires a minimum of five years of mortgage banking experience in areas of mortgage origination, closing or processing.
  • Must be familiar with common mortgage documents.
  • Requires at least a high school diploma or GED from an accredited institution.
  • Attention to detail is required for this position.
  • Ability to multi-task is required.
  • Strong organizational skills required with the ability to independently prioritize work to meet deadlines.
  • Must be customer service-oriented and able to maintain clear and concise communication both verbal and written.
  • Proficient knowledge of MS Word, Excel, Teams and Outlook is required.


Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business, including Federal Housing Administration ("FHA") multi-family housing and healthcare facility financing and servicing; mortgage warehouse financing; retail and correspondent residential mortgage banking; agricultural lending; and traditional community banking. Merchants Bancorp, with $17 billion in assets and $14.1 billion in deposits as of December 31, 2023, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Servicing, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.

We are very proud of being recognized both nationally as one of the top-performing public banks in the US. By S&P Global Market Intelligence and locally as a Best Place to work in Indiana for seven consecutive years. Learn more about this read more here.

#LIOnsite

PM20#BK

  • Mortgage Loan Processor

    3 weeks ago

    Carmel, Indiana, United States Merchants Bancorp Full time

    {"title": "Mortgage Loan Processor", "description": "Mortgage Loan Processor Job SummaryAt Merchants Bancorp, we are seeking a highly skilled Mortgage Loan Processor to join our team. As a Mortgage Loan Processor, you will play a critical role in ensuring the timely and accurate processing of mortgage loan transactions.Key Responsibilities:Process and verify...

  • Mortgage Loan Processor

    2 weeks ago

    Carmel, Indiana, United States Merchants Bancorp Full time

    Job Overview At Merchants Bancorp, we are seeking a highly skilled Mortgage Loan Processor to join our team. As a Mortgage Loan Processor, you will play a critical role in ensuring the timely and accurate processing of mortgage loan transactions. Responsibilities * Gather customer data and assist the loan officer with customer interaction and gathering of...

  • Mortgage Loan Processor

    6 days ago

    Carmel, United States Merchants Bank of Indiana Full time

    Job DescriptionJob DescriptionDescription:As the Mortgage Loan Processor, you are responsible for ensuring the timely and accurate processing of mortgage loan transactions. Responsibilities include gathering customer data, assisting the loan officer with customer interaction and gathering of loan documentation, and processing and verifying loan documentation...

  • Mortgage Loan Processor

    4 weeks ago

    Carmel, Indiana, United States Merchants Bancorp Full time

    About the RoleAs a Mortgage Loan Processor at Merchants Bancorp, you will play a critical role in ensuring the timely and accurate processing of mortgage loan transactions. This position requires a high level of attention to detail, strong organizational skills, and excellent communication abilities.Key ResponsibilitiesGathering Customer Data: Collect and...

  • Mortgage Loan Specialist

    6 days ago

    Carmel, United States Merchants Bank of Indiana Full time

    Mortgage Loan Processor Job DescriptionWe are seeking a highly skilled Mortgage Loan Processor to join our team at Merchants Bank of Indiana. As a Mortgage Loan Processor, you will play a critical role in ensuring the timely and accurate processing of mortgage loan transactions.Key Responsibilities:Process and verify loan documentation to ensure compliance...

  • Mortgage Loan Specialist

    1 day ago

    Carmel, United States Merchants Bank of Indiana Full time

    Mortgage Loan Processor Job DescriptionAbout the Role:We are seeking a highly skilled Mortgage Loan Processor to join our team at Merchants Bank of Indiana. As a Mortgage Loan Processor, you will play a critical role in ensuring the timely and accurate processing of mortgage loan transactions.Key Responsibilities:Gather customer data and assist the loan...

  • Loan Officer Trainee

    3 weeks ago

    Carmel, Indiana, United States Lennar Mortgage Full time

    {"title": "Loan Officer Associate", "description": "Join Our Mortgage TeamLennar Mortgage is a Fortune 150 company that values personal growth, innovation, and diversity. We're committed to bringing passion and customer focus to the business.We're seeking a Loan Officer Associate to assist our branch Loan Officers while preparing for a Loan Officer position....

  • Loan Officer Trainee

    3 weeks ago

    Carmel, Indiana, United States Lennar Mortgage Full time

    About the RoleLennar Mortgage is seeking a highly motivated and detail-oriented Loan Officer Associate to join our team. As a Loan Officer Associate, you will assist our experienced Loan Officers with loan application procedures, prepare loan documents, and provide exceptional customer service to our borrowers.Key ResponsibilitiesPrepare loan application...

  • Loan Officer Trainee

    3 weeks ago

    Carmel, Indiana, United States Lennar Mortgage Full time

    About the RoleLennar Mortgage is seeking a highly motivated and detail-oriented Loan Officer Associate to join our team. As a Loan Officer Associate, you will assist our experienced Loan Officers with loan application procedures, prepare loan documents, and provide exceptional customer service to our borrowers.Key ResponsibilitiesPrepare loan application...

  • Loan Officer Associate

    2 months ago

    Carmel, United States Lennar Mortgage Full time

    Its fun to work in a company where people truly BELIEVE in what they are doing! Were committed to bringing passion and customer focus to the business. Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life.   At Lennar...

  • Loan Officer Associate

    3 months ago

    Carmel, United States Lennar Mortgage Full time

    It's fun to work in a company where people truly BELIEVE in what they are doing! We're committed to bringing passion and customer focus to the business. Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life.   At Lennar...

  • Loan Officer Associate

    3 months ago

    Carmel, United States Lennar Mortgage Full time

    It's fun to work in a company where people truly BELIEVE in what they are doing! We're committed to bringing passion and customer focus to the business. Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life. At Lennar...

  • Mortgage Loan Originator

    2 weeks ago

    Carmel, United States Horizon Bank Full time

    Job Overview Assist customers in securing conventional, lot, construction and FHA/VA/USDA residential mortgage loans in accordance with company policies and established Standard Operating Procedures (SOPs). Ensure compliance with state and federal regulations while meeting sales goals. Responsible for all aspects of the Mortgage Loan Origination process...

  • Mortgage Loan Underwriter

    3 weeks ago

    Carmel, United States Merchants Bancorp Full time

    Job Type Full-time Description Our Mortgage Loan Underwriter position is responsible for ensuring the timely and accurate underwriting of single-family mortgage loan transactions in accordance with Jumbo, Agency, and Bank guidelines. Responsibilities include but are not limited to reviewing customer data, making sound credit decisions, and ensuring they are...

  • Mortgage Loan Underwriter

    3 weeks ago

    Carmel, United States Merchants Bancorp Full time

    Job Type Full-time Description Our Mortgage Loan Underwriter position is responsible for ensuring the timely and accurate underwriting of single-family mortgage loan transactions in accordance with Jumbo, Agency, and Bank guidelines. Responsibilities include but are not limited to reviewing customer data, making sound credit decisions, and ensuring they are...

  • Mortgage Loan Closer

    3 months ago

    Carmel, United States Merchants Bancorp Full time

    Job Type Full-time Description As the Mortgage Loan Closer, you are responsible for ensuring the timely and accurate closing of mortgage loan transactions. Responsibilities of the Mortgage Loan Closer include but are not limited to creating an initial, final Closing Disclosure (CD) within compliant time frames and reflecting accurate fees for both borrower...

  • Mortgage Loan Closer

    4 weeks ago

    Carmel, United States Merchants Bank of Indiana Full time

    About the RoleThe Mortgage Loan Closer will play a critical role in ensuring the timely and accurate closing of mortgage loan transactions. This position requires a high level of attention to detail, strong organizational skills, and excellent communication abilities.Key ResponsibilitiesLoan Closing and SettlementPrepare and review loan closing documents,...

  • Mortgage Loan Underwriter Specialist

    2 weeks ago

    Carmel, Indiana, United States Merchants Bancorp Full time

    {"Job OverviewWe are seeking a skilled Mortgage Loan Underwriter to join our team at Merchants Bancorp. As a Mortgage Loan Underwriter, you will play a critical role in ensuring the timely and accurate underwriting of single-family mortgage loan transactions.Responsibilities* Review loans to ensure they meet investor, agency, and regulatory requirements*...

  • Mortgage Processing Specialist

    4 weeks ago

    Carmel, Indiana, United States Merchants Bancorp Full time

    Position OverviewAs a Mortgage Loan Processor, you will play a crucial role in the efficient and precise management of mortgage loan transactions. Your primary responsibilities will encompass the collection of customer information, supporting the loan officer in client interactions and documentation acquisition, as well as processing and validating loan...

  • Loan Officer Associate

    4 days ago

    Carmel, Indiana, United States Lennar Homes Full time

    About the RoleWe are seeking a highly motivated and detail-oriented Loan Officer Associate to join our team at Lennar Homes. As a Loan Officer Associate, you will assist Loan Officers in developing skills and knowledge to become a Loan Officer in the future.Key ResponsibilitiesParticipate in formal training programs provided by the company to learn about...