What are the responsibilities and job description for the Processor position at First Federal Bank?

Job Description

Essential Functions

Includes setting up new loan files and following up on all verifications, appraisals and credit.
Communicates with builders, realtors, appraisers, title company / attorney, credit bureau and customers to secure accurate verified information and provide loan status
Validates loan documents and information conform to agency and investor guidelines.
Prepares complete and accurate loan packages for underwriter review, portfolio and secondary market transactions.
Sets up closings with customers and our closing department.
Review residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.
Provides the best service to our customers with innovative and creative solutions.

Minimum qualifications

High School Diploma, or equivalent required

Excellent computer skills

At least 3 years of current processing experience

Good understanding of mortgage products and services

Must have excellent communication skills, problem solving abilities, and math and calculation skills

Strong attention to detail and ability to handle and meet deadlines

Extended periods of sitting and computer use may be required

Bilingual candidates encouraged to apply.

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