General Summary

The Mortgage Loan Processor is responsible for processing mortgage loan files. This individual is responsible for making sure that all loan conditions outlined by the UW are met prior to closing, performing updated verification tasks, clearing the loan for closing, assisting with closing documents, coordinating with title companies and borrowers and assisting with loan funding as required. This position requires adherence to complex regulatory oversite with the implementation of the TRID Regulation.

Education and/or Experience

• 3-5 years of similar or related experience in first mortgage processing or post closing.
• High School diploma or equivalent.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Must be able to work independently and take action as needed to complete the loan files
• Working knowledge of agency, government and private investor guidelines and requirements.
• Prior first mortgage processing, closing or underwriting experience preferred
• Knowledge of title insurance and the correlation with closing documents
• Must be able to effectively maintain a mortgage pipeline and meet turnaround time standards
• Must be able to adjust to sudden changes in production numbers as dictated by the market
• Must be able to adapt to market, regulatory, agency and investor requirement changes
• Must be highly organized and highly analytical
• Must have a proactive approach to workload
• Must possess excellent communications skills
• Ability to handle multiple tasks and priorities
• Must possess initiative and flexibility