Loan Processor III

Job Summary

This position is responsible for performing a variety of processing functions for conventional and government loans, while ensuring a timely, accurate and cost-effective support of the bank’s lending operations. The incumbent ensures compliance in all areas of desktop underwriting, PMI, and secondary market guidelines, and meets timeline and objectives daily while handling customer inquiries and detecting deficiencies in the loan early in the process.

Key Responsibilities / Essential Functions

• Processes conventional, government and non-conforming mortgage loans from application to approval.
• Evaluates a borrower’s profile to determine whether the borrower qualifies for the program applied.
• 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.
• 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.
• Submits a well-documented and complete file to underwriting that is ready for approval or denial decision.
• Determines if Change of Circumstance guideline requirements apply, and initiates the appropriate re-disclosure process.
• Maintain confidentiality and security of sensitive information.
  
  

Education

Job Requirements

• Associate’s degree in business or relevant field required.
  
  

Required

• 4 years of mortgage processing (including conventional and government loans).
• Experience with Desktop Underwriter, and thorough knowledge of the lending, processing, and underwriting guidelines of the Federal National Mortgage Association and United States Department of Agriculture.
• 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.
• Must be proficient with the calculation of income and assets.
• Excellent attention to detail, and above average organizational and communications skills.
• Focus/desire to serve customer needs and provide excellent customer service.
  
  

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.

• This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines.
• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
• Physical activity requiring reaching, sifting, lifting up to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required.
• The employee will frequently communicate and must be able to exchange accurate information with others.
• The employee may need to move around their office to attend meetings and to access files, machinery or other job-related tools.
  
  

DISCLAIMER: HomeTrust Bank is an evolving company. As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

HomeTrust Bank values and promotes diversity and inclusion in every aspect of our business and at every level within the company. 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.