Mortgage Loan Processor

MORTGAGE LOAN PROCESSOR
JOB DESCRIPTION

SUMMARY

Our loan processors are responsible for preparing and processing retail mortgage loans from the time of application through final approval, while maintaining contact with all internal and external parties, and receiving/reviewing all necessary documents. They must work within compliance of bank, regulatory, and investor guidelines and while meeting America?s Mortgage Solutions customer service standards. This position entails communication with customers, brokers, counsel, title companies, and more while responding to inquiries, resolving issues as they arise, and obtaining all necessary paperwork.

ESSENTIAL JOB FUNCTIONS:

Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files
Determine the best loan option for the borrower through interviewing and discussion
Assemble and submit loan packages to the lender underwriters for approval or denial
Liaise between the mortgage lending underwriting department, mortgage loan originators, real estate agents, and applicants to facilitate loan approval
Adhere to all lending and regulatory guidelines and policies while preparing the loan file

QUALIFICATIONS

Strong analytical and time management skills and superior attention to detail
FHA, FHLB, FNMA, or VA loan product knowledge and mortgage lending experience required
Strong verbal and written communication skills.
Accounting, finance, or business Associate’s degree preferred – High school diploma or GED required
Minimum of 2+ years loan processing experience required