Processor

Flat Branch Home Loans • Columbia, MO

3d • Onsite

About The Position

A Mortgage Loan Processor is responsible for completing and verifying financial information on loan applications by obtaining necessary information to process a complete mortgage loan file. This includes verifying credit, income, assets, and appraisals. The Loan Processor also ensures compliance with all Federal rules and regulations, such as Respa, Tila, and HVCC, as well as internal policies and procedures like fraud prevention. It is the policy of Flat Branch Mortgage quality control procedures to ensure that at a minimum, the borrower(s) are contacted by the Loan Processor at least once on every loan file. This is an in-office role at our Jefferson City, MO location. Candidates within driving distance of our Jefferson City, MO location will be considered.

Requirements

• 2 years’ experience in Mortgage Loan Processing, required
• Familiar with the mortgage loan process and required documentation
• Excellent customer service skills
• Proficient in basic computer technologies, appropriate for a paperless environment
• Adaptable to change and shifts in priority
• High attention to detail and ability to manage time effectively
• Prolonged periods of sitting at a desk and working on a computer, daily

Nice To Haves

• Knowledge of Encompass LOS recommended but not a requirement

Responsibilities

• Review loan files submitted by loan officers, including application, disclosures, income, assets, and credit information, to verify accuracy, completeness, and adherence to established standards.
• Correct data errors and obtain missing information as necessary.
• Contact specified companies to request necessary information such as title commitment, verification of employment, and hazard insurance.
• Submit the completed loan file to underwriting for approval.
• Obtain proper information to satisfy underwriting conditions for a clear to close.
• Submit the file back to the underwriter to ensure all conditions have been met.
• Submit the file to the Mortgage Loan Closer for settlement once all conditions are cleared.
• Perform any other duties as assigned by team leads and/or department managers.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed