Mortgage Loan Processor

Century Bank•Mobile, AL

just now•Onsite

About The Position

This position assists in the implementation of programs, policies, and practices to ensure that all departments are in compliance with federal, state, and regulatory requirements. The role also involves assisting the Mortgage Originator as needed. Key responsibilities include preparing, scheduling, and executing various types of loans (consumer, residential, equipment, SBA, commercial building, and business loans) in adherence to the Bank’s lending policies and procedures, as well as applicable Federal and State Regulations. The processor ensures all necessary loan documentation, such as credit reports, verifications, and tax returns, are properly collected and executed. Additional duties involve managing titles, UCC’s, and deeds of trust, requesting final titles and title insurance, ordering appraisals and construction inspections, working exception reports, assisting customers with draws and payments, notarizing documents, communicating with various stakeholders (buyers/sellers, realtors, attorneys), filing and scanning loan documents, assisting in the preparation of loan packages for committee approval, remitting completed loans to loan operations, and depositing all collected fees. The role also provides backup to other areas of the branch when necessary and requires the individual to be in good standing with NMLS.

Requirements

Graduation from high school or equivalent GED
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
A minimum of two year’s job-related experience is 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.