| Job Title: Loan Processor |
Job Code: |
| Department: Mortgage |
Job Grade: II, III |
| Revision Date: 01/29/07 |
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This position requires 1 + years mortgage loan processing as well as excellent organizational, verbal/written communication skills. Work directly with Loan Coordinator for Business Relationship Manager and with Underwriters, Title Companies, Escrow Officers, Appraisals, Banks, Employers and clients.
- Ordering of VOD, VOE, Appraisals, Title Reports, Home Owners Insurance, and any other item needed in the submission process to lender designated by Business Relationship Manager
- Submission of files to underwriting
- Reviews items/conditions/fee's needed prior to ordering documents for closing.
- Submits prior to doc and prior to funding conditions in a timely manner.
- Assists in the preparation of operational reports and compliance
- Knowledge of the mortgage industry
- Knowledge of mortgage lending statutes (TILA, RESPA, ECOA, etc.)
- Specialized working knowledge of the mortgage lending process, including underwriting of "A" and "A-" loans.
- An understanding of the importance of the communication process with customers and other constituencies.
- Familiarity with computer software such as Word, Excel and Calyx Point
- The ability to perform in a fast-paced environment where accuracy and timeliness are of the essence.
- Strong teamwork skills.
- Excellent verbal/written communication, presentation and organizational skills
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NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.
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