Mortgage Loan Processor; BR 25 - Hughes; 1/7/2025

JOB SUMMARY: Responsible for performing initial appraisal of potential borrowers by thoroughly examining their applications; assessing the credit standings of applicants through background research; and interviewing applicants to evaluate their eligibility for loan or mortgage.

ESSENTIAL FUNCTIONS:
? Identify customer needs, explore all options, and suggest different types of loans. Review files for completeness and accuracy.
? Verify accuracy of system input.
? Analyze file for program applicability.
? Review necessary documentation, such as income and asset documentation, credit report, verifications, appraisal report, preliminary title report, etc.
? Follow up with clients to request additional documents as needed or to clarify important points.
? Provide status updates to loan officers, borrowers, and agents.
? Remain up to speed regarding lending and other financial services.
? Coordinate all aspects of submission to underwriting, documentation requests and satisfaction of closing/funding conditions. Coordinate closings as needed.
? Submit files in a timely manner in accordance with company standards.
? Review pre-audit HUD-1 to ensure accuracy. Work with loan officer and title companies to resolve any discrepancies prior to closing.
? Prioritize workflow to ensure time sensitive files are handled in proper order.
? Assure compliance with all regulatory and governmental standards, guidelines, rules and regulations with all regulatory authorities, federal or state ordinances and administrative regulations and statues.
? Forge trust relationship and enhance customer dedication.
? Ensures confidentiality of bank and customer information.
? Performs other duties as assigned.

Requirements

Preferred Skills:
? Preferably 5 years or more processing conventional, VA and FHA loans.
? Encompass experience preferred.

Requirements: ? Post TRID knowledge required. ? Comprehension of direct/indirect lending procedures. ? In-depth understanding of relevant rules and regulations. ? Strong organization skills and detail oriented. ? Excellent communication and sales skills.