Corporate Mortgage Processor III

About The Role

The Mortgage Loan Processor III requires outstanding customer service and communication skills. Mortgage loan processors should have an aptitude in math and excellent time management and organizational skills. Attention to detail is essential.

This is a Corporate position which may be located in an available bank division in Texas.

The entry rate for this position is $24.85 per hour (calculated for Texas).

All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background.

• Processes mortgage loan applications, ensuring compliance with regulations, policies, and procedures, within the required timeframe. This includes reviewing the loan application to confirm it has been completed, verifying loan information and accuracy of data in Encompass, performing preliminary income calculation/analysis, and ensuring all documents are reviewed and signatures are in order prior to submission to underwriting.
• Conducts follow‑up on third‑party service orders to ensure information is received in a timely manner. Generates re‑disclosures and change in circumstances as necessary. Satisfies underwriting conditions. Ensures file is complete and all requirements are met for loan to close. Coordinates loan closings including delivery of documents to title/escrow company.
• Acts as liaison between originator, underwriter, and closer/funder, to ensure timely closing of the loan, accurate completion of all loan documents, proper and complete signatures, and coordination of closing process.
• Responsible for mitigating processing related post‑closing deficiencies.
• Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by the due date.

• Education:
  
  High School Diploma / GED (required).
• Experience:
  
  5 years mortgage fulfillment experience (required).
• Experience:
  
  4 years mortgage processing experience (required).
• Expert experience:
  Loan platform software such as Encompass, HFA, and construction procedures.
• Expert experience:
  Ability to interpret underwriting guidelines and use sound judgment to clear conditions.
• Expert experience:
  Conventional, FHA, VA, USDA, and construction loan processing and Loan Policy procedures.
• Advanced/Specialized Knowledge:
  Tax returns to review and determine qualifying income.
• Advanced/Specialized Knowledge: DU, LP, and Loan Beam applications/results and how to interpret them.

• Ability to multi‑task and handle complex tasks efficiently. Strong organizational skills.
• Strong analytical skills.
• Strong attention to detail.
• Trustworthy, credibility, discretion, and diplomacy.
• Team player with a passion for customer service and the ability to build rapport with employees at all levels.
• Compliance with applicable laws and regulations, including the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
• Regular, reliable, and timely attendance.
• Can interact calmly and professionally with a variety of people from diverse backgrounds.

• Travel
  :
  Occasional travel required: less than 10 days per year by automobile, commercial airlines, rental vehicles, and public transportation; ability to lodge in public facilities.
• Working Conditions
  :
  Environment – indoors, a climate‑controlled shared work area. Noise level – moderate. Lifting – sedentary work with up to 10 pounds of force occasionally.
• Vision
  :
  Close visual acuity to prepare and analyze data and figures, view a computer terminal, and read printed and handwritten materials.
• Physical Activities
  :
  Most activities infrequent (rare) except fingering and repetitive motion daily.

Starting salary is dependent upon relevant experience and may vary based on geographic location of the position. We offer an extensive benefits package that includes medical, dental, vision, and life insurance; a health savings account…