JUNIOR MORTGAGE LOAN PROCESSOR

As a Junior Mortgage Loan Processor, your day will be filled with opportunities to be responsible for the assisting with the processing of a mortgage loan to insure the loan meets our investors’ and compliance requirements. To better serve the customer, must have knowledge of the different products available. Work closely with the all parties involved to create and maintain complete customer satisfaction. The role of a Junior Mortgage Loan Processor is to develop the required skill set through the duties and responsibilities listed below to grow into the Mortgage Loan Processor role.

Responsibilities 

Daily responsibilities include, but are not limited to, the following:

• Provide assistance to Mortgage Loan Processing staff by (but not limited to) reviewing and submitting files into up front underwriting, submitting appraisals to underwriting upon receipt, delivering appraisals to customers upon approval, ordering insurance and updating information, performing GSA/LDP verifications, employment verifications, etc.
• Notify loan officer and sales manager of missing items/corrections to be made in order to submit file into up front underwriting.
• Complete third party verifications such as tax/W2 transcripts and SS validations
• Order title and flood determinations
• Deliver flood notification cover letter, determination, and notice to the customer when property is determined to be in a flood plain.
• Follow up on status of outstanding items above by reviewing pipelines for past due documentation.
• Clear Processing conditions in software upon receipt
• Ensure the processing log is up-to-date with corresponding dates as assisting the processor with clearing conditions.
• Review pipelines daily for closing dates to insure files are prioritized appropriately
• Keep all parties involved with the mortgage transaction current and up-to-date with the status of the loan during the review process
• Ability to provide complete and accurate HMDA reporting information
• Perform other departmental duties as workload and priorities dictate
• Assist other mortgage department personnel when necessary.

Job Requirements

The successful candidate will have the following qualifications:

• High school/GED education
• 1-3 years experience in FHA, VA, Conventional mortgage processing or underwriting.

• Ability to function independently in a multi-task environment, as well as part of a team

• Comfortable communication with all levels of management and employees

• Proven knowledge of Automatic Underwriting Systems and Mortgage  Processing Systems

• Proven knowledge and experience pertaining to the processing of conventional and government loans             

• PC literacy with 35 WPM typing skill

• Strengths in problem solving and resolution

• Detailed oriented and self motivating

• Strong planning and organizational skills

• Good oral and written communication skills

Benefits

• 401(k) with a company match of up to 6%
• ESOP employer match
• Medical insurance
• Dental insurance
• Vision insurance
• Cancer / Disease insurance
• Accident insurance
• Flexible Spending Accounts
• Health Savings Accounts
• Bank paid Life / AD& D insurance
• Voluntary Life / AD&D insurance
• Bank paid Short-Term and Long-Term Disability insurance
• Employee Stock Purchase Plan
• Employee Assistance Program

Physical Requirements

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position requires sitting the majority of the time with limited walking and standing. Must be able to see, hear, speak, grasp paperwork, and type.  All work occurs indoors and within regular working hours. The noise level in the work environment is usually moderate.