Mortgage Loan Coordinator

7 days ago


Auburn, Alabama, United States Bangor Savings Bank Full time
Job Summary

Bangor Savings Bank is 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 smooth processing of residential mortgage loans from application to closing.

Key Responsibilities
  • Customer Service: Provide exceptional customer service to borrowers, branch personnel, and other stakeholders by responding to inquiries, resolving issues, and communicating loan status.
  • Loan Coordination: Coordinate and establish closing dates with borrowers, attorneys, and lenders, ensuring timely completion of loan processing.
  • Documentation Management: Maintain accurate and up-to-date documentation, including loan files and supporting documents.
  • Regulatory Compliance: Ensure compliance with local, state, and federal regulations, as well as Bank policies and procedures.
  • Process Improvement: Collaborate with Mortgage Originations leadership to identify opportunities for process improvements and implement changes to enhance efficiency and effectiveness.
Requirements
  • Education: High School diploma required; 2-year college degree or equivalent preferred.
  • Experience: 2+ years of banking experience, with a focus on mortgage lending regulations, underwriting, and secondary market requirements.
  • Skills: Strong communication and interpersonal skills, with the ability to work effectively in a team environment.
  • Knowledge: Thorough knowledge of Bank policies, procedures, and regulations, as well as mortgage lending regulations and secondary market guidelines.
Physical Demands/Conditions
  • General office environment.
  • Moderate lifting (up to 35 lbs.) and reaching, walking, sitting, and standing required.


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