Mortgage Loan Processor I

Local Bank•Guntersville, AL

9h•Onsite

About The Position

The Mortgage Loan Processor I is an entry-level, non-exempt position responsible for assisting in the processing of residential mortgage loans under close supervision. This role focuses on foundational processing skills, documentation collection, and learning Local Bank systems, workflows, and regulatory requirements.

Requirements

High school diploma or equivalent required.
0-1 years of mortgage, banking, or administrative experience preferred.
Excellent and professional interpersonal, communication, and problem-solving skills.
Ability to work independently, manage multiple loan files, and prioritize deadlines.
Strong organizational, time-management, and attention to detail skills

Responsibilities

Review new loan applications for completeness and basic accuracy.
Collect, organize, and upload borrower documentation including income, assets, employment, and credit.
Order and track third-party services (title, appraisal, flood, insurance, verifications) as directed.
Maintain accurate and organized loan files within the Loan Origination System (Encompass).
Assist with submission of loan files to underwriting.
Communicate outstanding documentation needs to borrowers and loan officers in a professional manner.
Manage file-specific estimated closing dates (ECDs) as directed and communicate updates to applicable staff.
Participate in pipeline meetings and required training sessions.
Perform quality control checks for completeness and accuracy prior to file submission.
Ensure adherence to company policies, procedures, and regulatory requirements including TRID, RESPA, ECOA, and HMDA.
All other duties as assigned.