Mortgage Loan Processor
2 days ago
We are seeking a highly skilled Mortgage Loan Processor to join our team at Whitaker Bank Corp of Kentucky. As a key member of our operations team, you will play a crucial role in ensuring the smooth processing of mortgage loans from application to closing.
Key Responsibilities:- Gathering and Reviewing Documents
- Accept loan applications and related files, verifying completeness and accuracy
- Order and review appraisal, flood certification, title search, title insurance, homeowner's insurance, and verifications of employment
- Loan Processing and Approval
- Review and verify income documentation (pay stubs, W2s, 1099s, tax returns, social security awards letter, and related income documentation) per bank underwriting guidelines
- Determine if additional documentation is needed and obtain necessary loan approval information from lenders
- Closing and Funding
- Prepare final document packages and funding for all portfolio loans and HELOCs, sending them to attorneys or MLOs for closing
- Operate computer terminals or personal computers to process loan activity, determine balances, and resolve problems within given authority
- Bachelor's Degree or equivalent experience in finance, banking, or a related field
- Intermediate knowledge of loan servicing activities, terminology, state and federal banking compliance regulations, and Bank lending policies
- Excellent communication and organizational skills, with ability to work with minimal supervision
- Current KY driver's license and vehicle insurance coverage if required to drive
At Whitaker Bank Corp of Kentucky, we offer a dynamic work environment, opportunities for growth and development, and a competitive salary and benefits package. Our estimated salary for this position is $55,000 - $65,000 per year, depending on location and experience.
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