Loan Processor II

Description :

I. Ensures compliance with governmental guidelines as outlined by internal Quality Control / Compliance and outside investors.

II. Processes and submits Conventional, FHA, VA, Rural Development and IFA loans to IBMC underwriting department, investors and other agencies as required.

III. Maintains and provides assistance to bankers and borrowers with questions through daily interaction via telephone calls and emails.

IV. Stays update to date on changes in programs / product guidelines through education provided by IBMC and / or outside vendors.

V. Other duties as assigned Requirements :

A. Required Education : High school diploma or general education degree (GED)

B. Required Work Experience : 5+ years mortgage experience. Preferred at least 2 year processing of conventional, FHA, VA, IFA and RD loans and / or training; or equivalent combination of education and experience.

C. Technology Skills : Previous use of DU / DO / LP systems along with usage of origination or operating software, specific to the mortgage industry.

D. Required Skills or traits for the position : Exposure and understanding of credit reporting, title work, basic income analysis and various other areas of the mortgage process.

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