Mortgage Loan Processor; BR 10

Job description

Description Position Type: Full-Time, Hourly Non-Exempt: Department: Mortgage Operations: Reports To: Mortgage Processing Manager: 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...