Mortgage Processor

Responsible for processing loan applications from origination through closing. Inputs information on the system and obtains all documentation necessary. Orders necessary documentation for approval and closing of the loan. Communicates effectively to complete loan process.

Processes loan applications. Duties include opening loan application files, ordering credit, appraisals, titles, and verifications; inputting all information on system.

Reviews daily status of loans in process, updates files daily as needed, copies loan documentation as needed and updates status report. Follow up on loan documentation such as title requirements.

Submits loan packages to underwriters after reviewing all information for accuracy and copying all files.

Manages mortgage portfolio, including rate adjustments, escrow analysis, payment of taxes and insurance, payoff and correspondence.

Coordinates between real estate and escrow companies and customers to set up closing sessions. Draws up closing documents as necessary.

Performs other related duties as assigned by management.

• Regular and reliable attendance.

Knowledge of bank operations, policies, and procedures.

Knowledge of residential lending practices and principles.

Knowledge of underwriting guidelines.

Knowledge of FNMA, FHA, VA, and NIFA guidelines.

Skill in operating computer terminals and printers and other varied office equipment.

Skill in reading and understanding residential loan applications.

Skill in communicating with customers and co-workers in a courteous and professional manner.

Ability to create an efficient work environment with minimal supervision.

Ability to maintain organization and accuracy.

Ability to multi-task.

Ability to work as a team player.

High School graduate or equivalent.

Previous Mortgage Loan Processing Experience Preferred.