Mortgage Loan Specialist II

Mortgage Loan Specialist II is responsible for one or more of the following duties:

• sends out closing instructions to closing agents, prepares closing disclosures, and funds loans;
• accepts lock requests from Mortgage Loan Officers and locks loans with investors;
• gathers, verifies and compiles application information for a mortgage loan, ensuring that the file documentation and data is complete and meets established guidelines.

• Acts as a liaison between the borrower, loan officer, underwriter, and loan closer.
• Collects required documents from applicants and follows up on missing items.
• Orders and reviews appropriate documents to ensure all paperwork is complete for loan.
• Checks appropriate data programs for accuracy and completeness of information.
• Accepts lock requests from MLOs, reviews for compliance with current pricing model, locks loans with Investors and obtains management approval for variances if needed.
• Works with MLO in expiring locks and for requests in extensions/modifications and requests changes with Investor.
• Reviews closing package and registers the loan with appropriate investors.
• Prepares loan funding and sends to accounting, and enters wire information into Jack Henry.
• Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
• Performs other duties and responsibilities as assigned.

• Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations.
• Ability to write simple correspondence.
• Ability to write routine reports and business correspondence.
• Ability to present information in one-on-one and small group situations, to customers, clients and other employees in the organization.
• HS Diploma/GED.
• 1-2 years mortgage processing preferred.
• Experience closing, processing or shipping mortgage loan files is preferred.
• Computer Skills – MS Office programs.

Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.