Mortgage Processor (1729)
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- Prepare, review and deliver all customer notifications for withdrawn and denied loans.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.