Mortgage Loan Processor - Closer

POSITION SUMMARY

The Loan Processor/ Closer will perform ordinary tasks associated with processing and closing mortgage loans.  This team member will be responsible for additional duties to include, but is not limited to: locking rates, disclosure reviews, and any other such duties as needed. The Loan Processor will also be responsible for administrating mortgage software including the loan operating system, the secondary locking tool, online application tool, and any other necessary software.

ESSENTIAL FUNCTIONS

Reasonable Accommodations Statement

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
 

Essential Functions Statement(s)

• Adhere to all governmental regulations and bank policies and procedures as directed

• Have a sense of urgency and professionalism in all aspects of the position
  
  
• Process loans from origination to close in compliance with established regulations and guidelines. These loans include secondary market, and bank portfolio loan products such as construction loans, land loans, bridge loans, and other consumer real estate loans, as they may arise.
  
  
• Order and/or verify services to include title insurance, homeowner’s insurance, flood certificate, flood insurance, appraisal, tax transcripts, surveys, etc., and review for accuracy upon receipt
  
  
• Verify accuracy of loan documents including, but not limited to assets, credit, and income

• Prepare, closing documents and arrange closings with loan officer and closing agents
• Issue proper disclosures as required by federal regulatory compliance
  
  
• Maintain accuracy of loan origination system
  
  
• Work with the loan officer to coordinate with all parties associated with the loan to obtain documentation for underwriting and closing
  
  
• Respond promptly to customer requests, problems and needs
  
  
• Handle customer transactions efficiently and accurately
  
  
• Maintain a positive attitude and working relationship with all team members and customers

• Maintain good punctuality and attendance to work
  
  
• Assist team with day-to-day functions based on workload and task allocation
  
  
• Perform all other duties as requested or assigned
  
  

POSITION QUALIFICATIONS

Competency Statement(s)

• Customer Oriented - Ability to take care of the customers’ needs while following company procedures.
• Ethical - Ability to demonstrate conduct conforming to a set of values and accepted standards.
• Honesty / Integrity - Ability to be truthful and be seen as credible in the workplace.
• Relationship Building - Ability to effectively build relationships with customers and co-workers.
• Accuracy - Ability to perform work accurately and thoroughly.
• Reliability - The trait of being dependable and trustworthy.
• Responsible - Ability to be held accountable or answerable for one’s conduct.
• Adaptability - Ability to adapt to change in the workplace.

Education : High school Diploma or Equivalent

 

Experience: 2 to 3 years’ experience required within the mortgage industry dealing with TRID loans, and at least 1-2 years in processing and closing mortgage transactions.  Experience with Encompass mortgage software is required.

PHYSICAL DEMANDS

Other Physical Requirements

Vision (Near, Distance, Peripheral, Depth Perception)

Sense of Sound (Must be able to hear customers and staff talk, hear alarms, etc)

WORK ENVIRONMENT

An office environment in a controlled atmosphere building 

Education : High school Diploma or Equivalent

 

Experience: 2 to 3 years’ experience required within the mortgage industry dealing with TRID loans, and at least 1-2 years in processing and closing mortgage transactions.  Experience with Encompass mortgage software is required.