Mortgage Loan Processor

F&M Bank•Yukon, OK

13d

About The Position

This position supports mortgage originators by preparing and organizing loan files for submission to underwriting and coordinating loan closings with title companies and clients. The processor reviews loans in progress, obtains and distributes required documents, follows up with relevant parties to complete processing, analyzes files, submits completed loans for approval, responds to status inquiries, and ensures compliance requirements have been met. Experience with Conventional, FHA, and VA loan files is preferred.

Requirements

High school diploma.
Experience in loan processing.
Ability to communicate professionally with customers and bank personnel.
Understanding of legal, real estate, and mortgage lending terms.
Ability to work with minimal supervision in a fast-paced, team-oriented environment.
Good verbal and written communication skills.
Good interpersonal skills and ability to work well with a wide range of people.
Strong organizational and time-management skills.
Dependability demonstrated through good attendance and adherence to timelines and schedules.
Good analytical and problem-solving skills.
Resourcefulness and ability to take initiative in developing and completing projects.
Strong proficiency in PC applications.

Nice To Haves

Experience with Conventional, FHA, and VA loan file types.

Responsibilities

Review loans in process daily and determine which loans must be processed immediately.
Order credit reports, appraisals, flood certificates, and title work.
Send documents, including disclosures and verifications, to appropriate parties.
Enter verification information and underwriting judgments.
Refer loans that do not meet basic standards to a staff underwriter.
Follow up consistently with originators, borrowers, and agents to complete processing.
Analyze loan files and submit completed loans for approval.
Answer originator, agent, and borrower inquiries about loan status.
Ensure all compliance requirements have been met.
Coordinate loan closings with title companies and clients.