Mortgage Loan Processor

Old Fort Banking Co•Xenia, OH

About The Position

The Mortgage Loan Processor provides administrative support to residential loan officers and staff. The role updates loan data in the financial institution’s computer systems and assembles, reviews, and verifies residential loan documentation. It ensures loan files contain properly signed and dated documents and checks details such as vesting, legal descriptions, closing dates, and signatures. The position maintains new and paid residential loan files, performs clerical duties requiring knowledge of departmental procedures, uses office computers for data entry and other activities, and orders credit reports. It responds to telephone and written inquiries about loan processing and information, cross-markets residential loan products and services as appropriate, and assists other departments temporarily during peak hours. The processor must comply with bank guidelines, policies, procedures, regulatory requirements, and BSA requirements.

Requirements

High school diploma or equivalent.
Six months to one year of experience in an office environment.
Successful completion of an in-house training program, if available, or an approved outside training program.
Good understanding of financial institution products and services.
Good communication skills and computer skills.
Accuracy, flexibility, and the ability to handle high-stress situations.
Regular and predictable attendance.
Ability to exercise discretion and good judgment and follow instructions.

Responsibilities

Provide administrative assistance to residential loan officers and staff.
Update loan data for entry into the financial institution’s computer systems.
Assemble and verify the accuracy of residential loan documentation.
Ensure residential loan files contain documents with proper signatures, dates, and other relevant data.
Check documents for proper vesting, legal descriptions, closing dates, and signatures.
Maintain new and paid residential loan files.
Perform clerical duties requiring knowledge of departmental procedures.
Use office computers for data input and other activities, and order credit reports.
Answer telephone and written inquiries concerning loan processing and information.
Cross-market the financial institution’s residential loan products and services as appropriate.
Assist other departments temporarily as needed during peak hours.
Remain compliant with bank guidelines, policies, procedures, regulatory requirements, and BSA requirements.