What are the responsibilities and job description for the Loan Processor II position at HomeTrust Bank?
Job Summary This position is responsible for entering consumer and residential loan data into the loan origination system and assembling and verifying loan documents for accuracy.
The incumbent communicates the application status with borrowers, obtains needed documentation, and verifies data. This position is also responsible for managing time sensitive material and meeting deadlines, and helps coordinate the closing process with lenders, borrowers, and settlement agents. Key Responsibilities / Essential Functions
- Processes conventional, FNMA loans from application to approval.
- Evaluates a borrower’s profile to determine whether the borrower qualifies for the program applied.
- Calculates income, reviews bank statements, analyzes DU findings, and processes the loan accordingly.
- Processes residential loan applications, verifies applicant credit, employment and reserves, and orders additional documentation to complete the loan file.
- Reviews and analyzes qualifying income documentations, property valuations, assets, and credit reports.
- Orders appraisals, verifications, and any other items required for loan approval.
- Reviews disclosures for completeness and compliance.
- Responsible for identifying and clearing any / all associated fraud alerts on borrower identity and subject collateral.
- Maintains communication with borrowers throughout the loan process, assisting them with any questions and notifying them of any additional requirements.
- Manages pipelines to assure timely execution of duties.
- Maintain confidentiality and security of sensitive information. Job Requirements Education :
- High school diploma or equivalent required. Required :
- 2 years of consumer residential and / or mortgage processing experience.
- Familiarity with all federal and state banking regulations, including the Bank Secrecy Act and the USA Patriot Act.
- Familiarity with all federal and state banking regulations pertaining to lending and consumer compliance, including fair lending laws.
- General knowledge of bank deposit and investment products and services.
- Thorough knowledge of mortgage program, loan policies, and loan processing functions and related requirements and procedures.
- Proficient in Excel, Word, Outlook, with the ability to learn other mortgage-related software programs.
- Excellent attention to detail, and above average organizational and communications skills.
- Focus / desire to serve customer needs and provide excellent customer service. Preferred :
- Example : 2 years of Banking or Financial Services experience About HomeTrust Bank HomeTrust Bank, founded in 1926, is a North Carolina chartered, community-focused financial institution committed to providing value-added community banking through online / mobile channels and multiple locations in Virginia, North Carolina, South Carolina, and Tennessee.
Learn more at www.htb.com.
Apply today to take your first steps towards joining this talented population of employees within a growing organization. Work Environment, Physical Requirements The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. HomeTrust Bank promotes an equal employment opportunity workplace which includes reasonable accommodation of qualified applicants and employees.
We recruit, hire, and promote employees based on their individual ability and experience and in accordance with Affirmative Action and Equal Employment Opportunity laws and regulations.
Our policy is that we do not discriminate on the basis of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, pregnancy, marital status, status as a protected veteran, or any other status protected by federal, state, or local law. Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
41 CFR 60-1.35(c)
