Mortgage Loan Processor – Evansville, IN
Department: Mortgage Loans
Job Status: Full-time
FLSA Status: Non-exempt
Work Schedule: Typically M-F, 8-5
Location: Evansville, IN
Reports To: Mortgage Processing Manager
Amount of Travel Required: Potentially between locations
Positions Supervised: None
Position Summary
Responsible for obtaining, processing and reviewing all required loan documentation needed for loan approval which includes all applicable income, asset, property information, federal and state disclosures, etc. Successful candidate will facilitate ordering of all third-party services including but not limited to appraisal, title, flood, etc. This is an associate level role that works under moderate guidance and has no formal leadership responsibility for a team at this time.
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)
- Responsible for processing all types of residential and consumer loan applications.
- Responsible for preparing preliminary disclosures and closing documents on all loan applications.
- Reviews all documentation necessary for loan approval for accuracy and completeness, and updates all data in the Loan Origination System when necessary.
- Places third party vendor orders for appraisals, titles and other loan specific requirements pertaining to federal and state guidelines.
- Assists in responding to questions from consumers throughout the loan process, facilitates scheduling of loan closing.
- Follows-up on outstanding documentation needed for the file.
- Submit completed loan package to lenders for approval.
- Stays informed on trends and developments in the local real estate market, as well as changing rules and regulations pertaining to both conventional and government-insured mortgages.
- Maintain positive working relationship with loan originators, realtors, builders and customers.
- Performs additional responsibilities as needed.
Position Qualifications
Education: High School Diploma or equivalent required
Experience: 3-5 years’ experience in processing/closing residential mortgages preferred
Computer Skills: Knowledge and experience using MS Word, Excel and Outlook
