Loan Processing Specialist

4 days ago


Carmel, Indiana, United States Merchants Bancorp Full time
About the Role

We are looking for a Loan Processing Specialist - Compliance Focus to join our mortgage banking team at Merchants Bancorp. In this role, you will play a critical part in ensuring the accuracy and efficiency of our loan processing operations.

As a Loan Processing Specialist, you will be responsible for reviewing and verifying loan documentation, preparing loan packages for submission to underwriting, and communicating with borrowers and loan officers to resolve any issues that may arise during the loan process.

The ideal candidate will have a strong understanding of mortgage regulations and compliance requirements, as well as excellent analytical and problem-solving skills.

Estimated Salary: $65,000 - $85,000 per year

Responsibilities:

  • Review and verify loan documentation to ensure accuracy and completeness.
  • Prepare loan packages for submission to underwriting.
  • Communicate with borrowers and loan officers to resolve any issues that may arise during the loan process.
  • Stay up-to-date on changes to mortgage regulations and compliance requirements.

Requirements:

  • Minimum of five years of experience in mortgage banking.
  • Strong understanding of mortgage regulations and compliance requirements.
  • Excellent analytical and problem-solving skills.
  • Ability to work effectively in a team environment.


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