Job Description
Job Description
Summary / Objective :
Demonstrate industry proficiency of the following requirements and meets the minimum qualifications. Mortgage Processors III will manage pipelines for External and Internal Loan Originators and Branch Mortgage Loan Originators.
Duties / Responsibilities :
Essential functions
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
- Facilitate productive communication with production staff, vendors and other external companies as needed to gain documentation and information
- Perform outbound telephone contact with borrowers as required to facilitate loan status and gain required documentation
- Manage efficient follow up for documentation and information required to meet key performance indicators
- Analyze documentation and information provided to validate meets established requirements including (but not limited to) calculating monthly income, assets and liabilities per investor and regulatory guidelines, estimating monthly hazard insurance, property tax and private mortgage insurance payments
- Update loan origination system with key information and dates as well as manage tasks and historical comments as required
- Manage a pipeline of loans while maintaining key performance indicators established to control quality, accuracy and efficiency
- Learn and maintain knowledge of different loan programs and departmental procedures
- Work in partnership with loan originator to maintain accurate loan product, pricing and assist facilitating disclosures as needed
- Other duties as assigned
Competencies
Excellent oral and written communication skillsAble to work in a fast paced, team-oriented atmosphere where the environment changes on a consistent basisAble to prioritize tasks and organization daily functionsAble to work with minimal supervisionSupervisory responsibilities
None
Work environment
Private work area, office setting.
Physical demands
Long periods of sittingLong periods of time viewing computer monitor, visionHandling – ability to touch, feel, lift, operate and control equipment, materials, tools and objects with the handsTravel required
Minimal to none
Required education and experience
Minimum 4 years prior experience processing Conventional mortgage loansMinimum 2 years prior experience processing Government mortgage loansAdditional Eligibility Requirements :
Experience processing loans in compliance with Agency guidelines, a plusExperience processing task in a paperless environmentExperience with Microsoft Word, Excel and OutlookOther duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.