Mortgage Loan Processor II

Summary:

The Mortgage Loan Processor II is expected to process residential mortgage loans in adherence to product, investor, and agency guidelines, follow applicable laws and regulations, as well as company standards. Act as a liaison between loan officers, clients, and various departments throughout the company.

Principal Accountabilities:

Primary responsibilities include but are not limited to

• Process loan applications within designated time frames and update the loan originationsystem (LOS) daily to ensure accuracy of reporting and loan status.

• Gather necessary documents to process loans and perform an initial review to determinelikelihood of approval by analyzing credit, capacity, and collateral to investor guidelines.

• Be proactive in contacting the necessary parties to obtain all needed information toensure commitment and closing dates are met.

• Review residential loan documentation regarding borrower employment, assets, andliabilities to verify completeness, accuracy, and compliance.

• Request appraisals, title commitments, payoffs, inspections, mortgage insurance and other items through the appropriate vendors.

• Submit, review and/or analyze automated underwriting findings and documentation provided by borrowers.

• Accountable for delivering a complete file to underwriting and closing by ensuring all conditions are cleared in a timely manner.

• Assist Post Closing with investor conditions/stipulations to ensure timely loan purchase.

• Assist fellow team members, Loan Officers, Underwriters and Closers to ensure a smooth production flow of loans to our investors.

• Understands, embodies, communicates, and instills corporate initiatives and vision, including the Six Pillars of Success.

• Maintains client information in complete confidence.

• Completes other specified duties as assigned.

• Regular attendance required, working at the assigned worksite, or assigned remote location during regular business hours and/or assigned hours.

Minimum Qualifications

• High school diploma, GED, or equivalent is required.

• Minimum of 5 years' experience as a mortgage loan processor is required.

• Must work well in a fast-paced environment and be able to adapt to change.

• Show initiative, multi-task and possess good organizational skills.

• Excellent interpersonal skills are required to communicate with clients, vendors, andcoworkers in a professional manner.

• Knowledge of guidelines and procedures for FHA, VA and Conventional loan products isrequired.

• Experience with the loan originations system, Encompass, is a plus.

• Ability to be NMLS registered is preferred.Physical Requirements:The work environment is typical of a standard office setting. The position is sedentary, exerting 0 - 10 lbs. of force occasionally and/or a negligible amount of force frequently. It involves sitting most of the time but may also involve moving about or standing for brief periods of time. Reaching may be required involving extending arms in any direction. Office equipment, such as a computer and telephone will be used requiring the ability to manipulate a keyboard or keypad. Ability to decipher a computer screen or written documents is necessary. Ability to express or exchange ideas; impart oral information to clients or to the public; or convey detailed or important spoken instructions by means of the spoken word is required. The ability to receive detailed information through oral communication is required.

Equal Opportunity Employer/Disabled/Veterans

Academy Bank and Armed Forces Bank provides equal employment [and affirmative action] opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability. If you need an accommodation for any part of the employment process, please e-mail ~~~.