Careers

The Loan Processor is responsible for processing all types of loans, working closely with the Loan Originators, from application through post-closing of the loan. In addition, this role analyzes, reviews, and clears underwriting conditions, resolves routine title issues and prepares loan files for closing.

Key Job Responsibilities and Accountabilities

• Processes and closes loan applications in accordance with secondary market and bank guidelines and ensures loan documentation complies with Federal, State, and local rules and regulations.
• Ensures adherence to bank policies and procedures and Banking Regulations.
• Promotes and maintains a positive work atmosphere by communicating in a manner consistent with professional standards to work effectively with customers, co-workers, management, partners, and vendors.
• Interacts with Loan Originators to facilitate a smooth transaction. Additionally, interacts with outside sources such as vendors, service providers, partners, and customers to facilitate a smooth transaction.
• Maintains a high level of customer service by being proactive in communication with co-workers, customers, vendors, attorneys, partners, title company representatives to ensure proficient processing of all loans and a positive experience.
• Inputs and updates data into loan origination systems and assures adequate file integrity. Generates and/or ensures timely generation of all required documentation and processing disclosures.
• Orders various reports such as appraisals, flood certification, and title, reviewing for issues or disputes and working with various parties to clear outstanding items.
• Performs additional duties as required.

Job Requirements, Competencies, and Skills

• Detailed knowledge of secondary market guidelines and regulations helpful but not required.
• Knowledge of the mortgage process from origination to post closing.
• Excellent problem-solving, organizational, analytical, verbal, and written communication skills.
• Strong decision making and time management skills with the ability to manage multiple projects/duties.
• Trustworthy with the ability to maintain the highest level of integrity and trust.
• Proficiency in Microsoft Office, specifically Outlook, Teams, Word and Excel. Related experiences with loan origination systems preferred but not required.

 Experience

Preferred

• Work experience in mortgage industry preferred, with detailed knowledge of secondary market guidelines and regulations and knowledge of the mortgage process from origination to post closing.

Education

Required

• High School or better

Preferred

• Bachelor’s or better in Finance or related field