Mortgage Loan Processor

2 days ago


Lexington, Kentucky, United States Whitaker Bank Corp of Kentucky Full time
About the Role

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
Requirements and Qualifications:
  • 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
Why Work with Us?

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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