Mortgage Loan Processor

Century Bank•Mobile, AL

1d•Onsite

About The Position

The Mortgage Loan Processor assists in the implementation of programs, policies, and practices to ensure that all departments are in compliance with federal, state, and regulatory requirements. This role also provides assistance to the Mortgage Originator as needed. The position involves preparing, scheduling, and executing various types of loans, ensuring proper documentation, and managing related administrative tasks.

Requirements

Graduation from high school or equivalent GED
A minimum of two year’s job-related experience is preferred
Excellent communication skills both verbal and written
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition and grammar.
Above average computer and keyboard skills.
Good organizational skills.
Must be neatly dressed and well groomed.
Required to complete all compliance and e-learning courses by due date.
Must adhere to all bank policies and procedures

Nice To Haves

Some college or postgraduate technical training preferred

Responsibilities

Prepares, schedules, and executes consumer, residential, equipment, SBA, commercial building and business loans in compliance with the Bank’s lending policies and procedures as well as applicable Federal and State Regulations.
Ensures all necessary loan documentation, including credit reports, verifications, and tax returns are properly collected and executed.
Record, prepare continuations, and/or cancel titles, UCC’s and deeds of trust.
Request final titles from attorneys, request title insurance on real estate loans, request construction endorsements.
Order appraisals, request construction inspections.
Work exception report.
Assist customers in making draws and payments on lines of credit.
Notarize documents as needed.
Have discussions with buyers/sellers, realtors and attorneys as needed.
File/Scan loan documents.
Assist in preparation of loan packages for committee approval.
Remit completed loans to loan operations for uploading.
Deposit all fees collected at time of application or closing.
Assist loan officer as requested.
Provide back-up to other areas of the branch if needed.
Must be in good standing with NMLS.
Performs other duties as assigned.