Mortgage Processor

Overview:
Responsible for processing real estate mortgage loans in accordance with established guidelines and regulatory requirements.   

 

KEY RESPONSIBILITIES

Position Specific Responsibilities

Manages Loan Officer Pipeline to confirm all regulatory requirements are met.

Prioritizes workload to manage timely submission of loan files to underwriting; track files and clear underwriting conditions to meet all expected closing dates.

Ensures timely receipt and proper completion of all loan documents in accordance with established procedures.

Orders third-party services and documents, as applicable. Conducts timely review of all documentation for accuracy and completeness; follows up on outstanding items, as required.

Communicate regularly with Loan Officers and clients to keep all parties updated on status.

Prepare, review and deliver all customer notifications for withdrawn and denied loans.

Work closely with all third party vendors and internal business partners to research and resolve transaction concerns.

Confirm adherence and compliance with all applicable bank, regulatory and investor

Perform duties and responsibilities specific to department functions and activities, or as assigned by supervisor.

Maintain current knowledge of lending products, systems and processes.

Required Experience

High School graduate or equivalent.

Modest typing skills.

PC experience necessary.

Knowledge of Metavante Loan System helpful.

Previous mortgage experience preferred.

Must be comfortable and able to work in a fast-paced environment.

 

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