Mortgage Loan Specialist II - Bilingual (Spanish-speaking)

SIMON•Little Rock, AR

2d•Onsite

About The Position

The Mortgage Loan Specialist II is responsible for various duties including sending out closing instructions to closing agents, preparing closing disclosures, and funding loans. This role also involves accepting lock requests from Mortgage Loan Officers and locking loans with investors, as well as gathering, verifying, and compiling application information for mortgage loans to ensure file documentation and data are complete and meet established guidelines. The position requires bilingual (Spanish-speaking) ability. Simmons Bank, a subsidiary of Simmons First National Corporation (NASDAQ: SFNC), is a publicly traded bank holding company headquartered in Arkansas. Established in 1903 as a community bank, it has expanded to $28 billion in assets with over 3,000 associates across Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. The company fosters a dynamic culture, offering strong career growth opportunities and wellness programs, and is characterized by collaboration, integrity, passion, high performance, and a commitment to personal and professional growth. Simmons First National Corporation is also committed to equal employment opportunity.

Requirements

Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations
Ability to write simple correspondence
Ability to write routine reports and business correspondence
Ability to present information in one-on-one and small group situations, to customers, clients and other employees in the organization
HS Diploma/GED
MS Office programs

Nice To Haves

1-2 years mortgage processing preferred
Experience closing, processing or shipping mortgage loan files is preferred.

Responsibilities

Acts as a liaison between the borrower, loan officer, underwriter, and loan closer.
Collects required documents from applicants and follows up on missing items.
Orders and reviews appropriate documents to ensure all paperwork is complete for loan.
Checks appropriate data programs for accuracy and completeness of information.
Accepts lock requests from MLOs, reviews for compliance with current pricing model, locks loans with Investors and obtains management approval for variances if needed.
Works with MLO in expiring locks and for requests in extensions/modifications and requests changes with Investor.
Reviews closing package and registers the loan with appropriate investors.
Prepares loan funding and sends to accounting, and enters wire information into Jack Henry.
Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
Performs other duties and responsibilities as assigned.