Residential Mortgage Processor Job City of Middletown New York USA,Finance & Banking

JOB DESCRIPTION

JOB TITLE:

Residential Mortgage Processor DEPARTMENT:
Residential Lending

REPORTS TO:

VP Residential Lending FLSA CODE:
Non-Exempt GRADE: PRIMARY FUNCTION:
Perform various lending related duties.

ESSENTIAL

JOB DUTIES AND RESPONSIBILITIES:

At Loan Opening
Evaluate credit histories for applications
Review loan application for accuracy and missing or erroneous information
Obtain property information regarding taxes and zoning
Prepare and send Loan Estimate (LE) Disclosure and other required disclosures within 3 business days of receipt of application
Order flood certifications
Submit file to underwriting
Upon Receipt to LE Disclosure and other requested paper work
Process upfront fees from borrowers
Review contract of sale for completion and other transaction details
Order appraisal from the approved appraiser list
Order title insurance if applicable
Order and required verifications for loan files
Assist Loan Officers in gathering requested documentation
Assist Underwriter and Loan Officers in clearing commitment conditions
Verify tax returns, employment with use of 4506T and the Work Number
Order mortgage insurance on loan files, if applicable

ADDITIONAL

JOB DUTIES AND RESPONSIBILITIES:

Completion of Bank assigned online training classes.
Keeps informed of all industry trends.
Attends training programs, webinars, conferences and meetings as required to gain industry knowledge and establish relationships with other professionals in the field of Lending.
Performs other duties and special projects as assigned.

EDUCATION, CERTIFICATION,

EXPERIENCE:

High school diploma or equivalent certificate required.
Undergraduate degree or equivalent experience required.
A minimum of two years of experience in residential or consumer lending is required.

KNOWLEDGE, SKILLS, ABILITIES:

Excellent verbal and written communication skills.
Good presentation skills.
Ability to effectively supervise staff and projects.
Ability to multi-task and handle varying deadlines within a fast-paced work environment.
Excellent customer service skills.
Ability to understand and apply basic mathematical concepts.
Working knowledge of MS Word and Excel.

WORK ENVIRONMENT:

Typically the noise level in the work environment is moderate.
Will have high volume of interactions in person and over the telephone.
Fast-paced environment.
May experience occasional job stress in response to job demands.
There are no significant hazardous conditions.

PHYSICAL DEMANDS:

Ability to work long hours and handle stress.
Frequently required to sit for prolonged periods of time.
Normal range of vision, hearing, and speaking abilities are required.
The ability to skillfully operate a computer, telephone and other standard office equipment is required.
Occasionally travel outside of work location to attend meetings and training programs.
Occasionally lift and/or move up to 25 pounds.

COMPENSATION:

Salary range: $50,000-$70,000K