Mortgage Loan Processor - Central KY

Stock Yards Bank & Trust•Paris, KY

5d•Onsite

About The Position

Responsible for the processing of a mortgage loan to insure the loan meets our Agency and Compliance requirements. To better serve the customer, must have knowledge of the different products available. Work closely with all parties involved to create and maintain complete customer satisfaction.

Requirements

High school/GED education
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
Primarily sedentary work performed in an office environment
Ability to sit for extended periods of time while working at a computer
Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment
Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person
Visual acuity sufficient to read computer screens, printed documents, and financial data
Occasional standing, walking, bending, or reaching
Ability to lift and carry up to 10–15 pounds occasionally (e.g., files, office supplies)

Responsibilities

Gather and interpret data that support mortgage loan request, such as automatic underwriting findings, credit reports, income and asset documentation, appraisals and other requirements
Analyze information for completeness, accuracy and acceptability of Agency guidelines
Submit complete loan packages to underwriter for review
Develop ability to maintain timely processing of a loan package from receipt of file to closing with maximum timelines of 30 days for conventional loans and 45 days for government loans
Aware of product requirements to have the ability to negotiate the necessity of approval conditions that could be deemed unnecessary and a hardship to the customer to produce
Develop and maintain up-to-date knowledge of Agency and Bank’s guidelines, rules and regulations pertaining to generating an acceptable mortgage loan
Keep all parties involved with the mortgage transaction current and up-to-date with the status of the loan during the 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