What are the responsibilities and job description for the Mortgage Loan Processor position at Bank of the Flint Hills?
POSITION: Mortgage Loan Processor
JOB SUMMARY: Real estate loan processors acquire and confirm financial and personal data by working closely with Loan Officers/Originators, Real estate professionals and customers. They are responsible for preparation of early disclosures, collection and verification of loan related requirements and preparation of closing documents. Loan processors are responsible for examining the conditions for a loan, ensuring they are accurate and structured properly in accordance with the loan policy, loan program guidelines and regulatory guidance. Duties such as entering data into a computerized system, handling incoming and outgoing electronic requests is a must.
KNOWLEDGE: Abilities and Skills
- Quick learner, strong organizational skills, ability to get along with others and be a team player
- Excellent written and oral communication skills
- Excellent customer service skills
- Proficiency with various computer software (Windows, Word, Excel, Explorer), business machines and office equipment
- Essential skills include dependability, adaptability, drive and initiative
- Ability to multi-task, prioritize, work independently and pay attention to details
Training and Experience
- Real estate mortgage processing experience preferred
- Working knowledge of Jack Henry and Encompass software is a plus
- High school diploma or equivalent required
- BS or BA degree in Business or Finance preferred
SUPERVISORY RESPONSIBILITIES: None
ESSENTIAL OPERATING RESPONSIBILITIES:
- Collects and reviews loan documents to satisfy loan conditions.
- Ensures completeness of mortgage loan documentation.
- Meets department service and quality standards.
- Prepares and provides early disclosures to borrower.
- Prepares the loan file for underwriting by reviewing loan application; clarifying and obtaining additional information.
- Confirms 1003 application information by mailing verification forms, contacting verification sources.
- Provides proactive communication of loan status to the borrower, realtors and originators.
- Reviews loan file to ensure all conditions of loan approval have been met and signed off by underwriter.
- Reviews disclosures for accuracy and APR tolerance.
- Reviews settlement statement for accuracy, tolerance cures and coordinates with title agent.
- Participates in cross-training with other areas of mortgage department.
- Participates in special projects and handles other duties as assigned.
- Demonstrates professionalism in appearance, punctuality, attitude and grammar. Maintains a clean, organized work area.
- Adheres to confidentiality policy, code of ethics and follows all policies and procedures relative to consumer compliance laws and regulations and best practice recommendations.
Job Type: Full-time
Pay: $18.75 - $25.00 per hour
Expected hours: 40 per week
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Professional development assistance
Schedule:
- Monday to Friday
Work Location: In person
Salary : $19 - $25
