Mortgage Processing Specialist

Old National Bank•Evansville, IN

39d•$18 - $30

About The Position

Old National is currently looking to fill the position of Mortgage Processing Specialist. The Mortgage Processing Specialist is the main point of contact for Borrowers, Builders, Realtors and Title Companies during the application process. The Processing Specialist coordinates the effective and timely processing of mortgage loan files from application through loan closing while ensuring compliance with departmental guidelines, investor and regulatory standards and requirements. Processing Specialists are responsible for analyzing and verifying mortgage loan applications and gathering supporting documentation to prepare the loan file for underwriting and closing.

Requirements

High school diploma or equivalent
3+ years of previous mortgage processing experience or similar role
Excellent interpersonal and communication skills
Must be able to work independently and within a team environment.
Experience with Mortgage Loan Origination Systems (Encompass preferred)
Review and analyze loan documentation for accuracy and completion. Determine if documentation meets underwriting criteria for investor and portfolio lending.
Validate Loan Origination System accurately reflects information contained in loan documentation
Must be organized and able to manage multiple tasks simultaneously while maintaining a high level of attention to detail and a high level of accuracy
Must possess strong problem-solving skills
Generate trust and confidence of internal and external customers regarding pipeline management, mortgage lending knowledge and accountability
Collaborate with others to accomplish business goals and objectives
Maintain professional report with Builders, Realtors and Title Companies
Possess good verbal and written communication skills
Current knowledge of policies, procedures, laws, regulations, and compliance at the state and federal level, as well as mortgage investor guidelines as they pertain to Processing
Working knowledge of all software utilized to process mortgage loans
Working knowledge of Title Insurance requirements
Willingness to learn and adapt to new concepts

Responsibilities

Act as a liaison between Borrower, Sales, Underwriting and Closing
Respond promptly and professionally to all internal and external customers
Manage pipeline to track and monitor loans to ensure loan commitments and closing dates are met
Ensure loans are processed in compliance with ONB policies and procedures, investor guidelines and applicable mortgage lending laws and regulations
Put the client (both internal and external) at the center of all decisions while upholding bank integrity and values.