Mortgage Processor II

First Citizens Bank • Raleigh, NC

8h

About The Position

This position processes mortgage loans, loan applications, and all associated documentation at a higher level of complexity. Validates application information for underwriting purposes and updates department systems accordingly. Prepares approved loans for closing submission, and notifies appropriate parties for action on declined loans. Contributes to protecting the Bank from fraud, misrepresentation, and mortgage loan default through compliance with federal regulations, department policy, and standard procedures. May provide guidance for less experienced associates in the work group.

Requirements

• Bachelor's Degree and 0 years of experience in Mortgage processing OR High School Diploma or GED and 3 years of experience in Mortgage processing

Nice To Haves

• May provide guidance for less experienced associates in the work group.

Responsibilities

• Verifies the accuracy and completion of all documentation or information necessary for loan closings.
• Assists in scheduling loan closings and answers questions regarding the mortgage loan process.
• Places closing conditions on the file and prepares approved loans for the Closing Department.
• Submits loans recommended for decline to second level review and issues adverse action notices.
• Provides ongoing communication to associates and management regarding loan status, conversations with applicants, and outstanding issues.
• Conveys deficiencies in loan documentation with the necessary parties.
• Ensures compliance in all operations with applicable guidelines and regulations.
• May assist management with more complex matters and projects.
• Secures a property appraisal and completes the initial review against established checklists.
• Performs a variety of administrative support tasks during the course of mortgage processing.
• Manages a pipeline of active loans by updating and prioritizing activities based on projected loan closing date.
• Ensures that loans close prior to approval expiration and rate lock expiration.

Benefits

• Competitive, thoughtfully designed and quality benefits program to meet the needs of our associates.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees