Mortgage Loan Processor

Peoples Bank • Clive, IA

5d

About The Position

The Mortgage Loan Processor is responsible for processing mortgage loan files. This individual is responsible for making sure that all loan conditions outlined by the UW are met prior to closing, performing updated verification tasks, clearing the loan for closing, assisting with closing documents, coordinating with title companies and borrowers and assisting with loan funding as required. This position requires adherence to complex regulatory oversite with the implementation of the TRID Regulation.

Requirements

• 3-5 years of similar or related experience in first mortgage processing or post closing
• High School diploma or equivalent
• Must be able to work independently and take action as needed to complete the loan files
• Working knowledge of agency, government and private investor guidelines and requirements
• Knowledge of title insurance and the correlation with closing documents
• Must be able to effectively maintain a mortgage pipeline and meet turnaround time standards
• Must be able to adjust to sudden changes in production numbers as dictated by the market
• Must be able to adapt to market, regulatory, agency and investor requirement changes
• Must be highly organized and highly analytical
• Must have a proactive approach to workload
• Must possess excellent communications skills
• Ability to handle multiple tasks and priorities
• Must possess initiative and flexibility

Nice To Haves

• Prior first mortgage processing, closing or underwriting experience preferred

Responsibilities

• processing mortgage loan files
• making sure that all loan conditions outlined by the UW are met prior to closing
• performing updated verification tasks
• clearing the loan for closing
• assisting with closing documents
• coordinating with title companies and borrowers
• assisting with loan funding as required
• adherence to complex regulatory oversite with the implementation of the TRID Regulation

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED