Prosperity Bank
Mortgage Loan Processor (Full Time) - Richardson, TX
Prosperity Bank, Richardson, Texas, United States, 75080
Mortgage Loan Processor (Full Time) - Richardson, TX
2 days ago Be among the first 25 applicants
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External Applicants:
Please apply through Prosperity Bank's Career Center at https://www.prosperitybankusa.com/Careers. Applying through any other source may prevent Prosperity from receiving your application.
Internal Applicants:
If you are a current associate of Prosperity Bank, please apply through the internal Talent - Career Center in ADP.
Prosperity Bank is an Equal Opportunity Employer.
POSITION PURPOSE Responsible for providing administrative assistance for all mortgage loan processing activities. Receives, evaluates, and reviews loan applications. Obtains and verifies necessary information and prepares documents for underwriting and closing review. Engages title, orders flood zone certification, and appraisals as required. Communicates loan status to all involved parties including buyer, seller, realtor, and title company representatives. Obtains proof of insurance as required on mortgage loans.
Essential Functions And Basic Duties
Review new loan applications.
Order appraisals, credit reports, and title reports. Order verification of employment, reconcile financial data concerning salary, assets, and liabilities.
Resolve loan application problems; assist applicants with credit report issues, low appraisals, low salary levels, and high debt ratios.
Review information for completeness and accuracy; clarify missing or questionable information; follow up with outside sources of outstanding documents; ensure that all necessary items are available for underwriting; track development of information to ensure compliance with underwriting guidelines; resolve conditions of underwriting; submit loans for final approval.
Communicate status of loans to buyer and Title Company.
Prepare files for closing; finalize that all third‑party information is uploaded in Encompass (appraisal, flood determination, title commitment, and records for homeowner's hazard, windstorm or flood insurance).
Establish and maintain professional business relationships with customers and mortgage professionals.
Resolve or refer requests and problems promptly and courteously; answer customer loan questions regarding applications in the process of approval.
Keep customers and realtors properly informed of Bank policies and procedures; notify customers of additional information required.
Maintain and convey the Bank's professional reputation.
Coordinate and communicate effectively with Bank personnel and management.
Assist and support Mortgage Loan personnel as needed.
Attend meetings or conference calls as required.
Keep management informed of area activities and any significant problems.
Perform related duties as required or assigned.
Perform miscellaneous administrative functions as needed.
Ensure that work area is clean, secure, and well maintained.
Replace Mortgage Loan personnel as required.
PERFORMANCE MEASUREMENTS
Reports, records, and all related documents are accurate, current, and submitted on time.
Files are accurate and up to date.
Good business relations exist with customers; problems and questions are courteously and promptly resolved or referred.
Good working relationships and coordination exist with area personnel and with management; assistance and support provided as needed; management is properly informed.
Mortgage processing functions are completed in accordance with established policies and procedures.
The Bank's professional reputation is maintained and conveyed.
The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this job description amended at any time.
Qualifications Education/Certification:
High school graduate or equivalent.
Required Knowledge:
Understanding of mortgage loan processing functions including FHA, VA, and conventional mortgage lending. Encompass software preferable. Knowledge of mortgage related requirements, procedures, and underwriting criteria.
Experience Required:
One to two years of related mortgage experience.
Skills/Abilities:
Good verbal and public relations skills; strong typing abilities; good basic math skills; able to use related computer applications; well organized.
Monday - Friday: 8:00 AM - 5:00 PM
Seniority level Entry level
Employment type Full‑time
Job function Finance and Sales
Industries: Banking
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Get AI-powered advice on this job and more exclusive features.
External Applicants:
Please apply through Prosperity Bank's Career Center at https://www.prosperitybankusa.com/Careers. Applying through any other source may prevent Prosperity from receiving your application.
Internal Applicants:
If you are a current associate of Prosperity Bank, please apply through the internal Talent - Career Center in ADP.
Prosperity Bank is an Equal Opportunity Employer.
POSITION PURPOSE Responsible for providing administrative assistance for all mortgage loan processing activities. Receives, evaluates, and reviews loan applications. Obtains and verifies necessary information and prepares documents for underwriting and closing review. Engages title, orders flood zone certification, and appraisals as required. Communicates loan status to all involved parties including buyer, seller, realtor, and title company representatives. Obtains proof of insurance as required on mortgage loans.
Essential Functions And Basic Duties
Review new loan applications.
Order appraisals, credit reports, and title reports. Order verification of employment, reconcile financial data concerning salary, assets, and liabilities.
Resolve loan application problems; assist applicants with credit report issues, low appraisals, low salary levels, and high debt ratios.
Review information for completeness and accuracy; clarify missing or questionable information; follow up with outside sources of outstanding documents; ensure that all necessary items are available for underwriting; track development of information to ensure compliance with underwriting guidelines; resolve conditions of underwriting; submit loans for final approval.
Communicate status of loans to buyer and Title Company.
Prepare files for closing; finalize that all third‑party information is uploaded in Encompass (appraisal, flood determination, title commitment, and records for homeowner's hazard, windstorm or flood insurance).
Establish and maintain professional business relationships with customers and mortgage professionals.
Resolve or refer requests and problems promptly and courteously; answer customer loan questions regarding applications in the process of approval.
Keep customers and realtors properly informed of Bank policies and procedures; notify customers of additional information required.
Maintain and convey the Bank's professional reputation.
Coordinate and communicate effectively with Bank personnel and management.
Assist and support Mortgage Loan personnel as needed.
Attend meetings or conference calls as required.
Keep management informed of area activities and any significant problems.
Perform related duties as required or assigned.
Perform miscellaneous administrative functions as needed.
Ensure that work area is clean, secure, and well maintained.
Replace Mortgage Loan personnel as required.
PERFORMANCE MEASUREMENTS
Reports, records, and all related documents are accurate, current, and submitted on time.
Files are accurate and up to date.
Good business relations exist with customers; problems and questions are courteously and promptly resolved or referred.
Good working relationships and coordination exist with area personnel and with management; assistance and support provided as needed; management is properly informed.
Mortgage processing functions are completed in accordance with established policies and procedures.
The Bank's professional reputation is maintained and conveyed.
The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this job description amended at any time.
Qualifications Education/Certification:
High school graduate or equivalent.
Required Knowledge:
Understanding of mortgage loan processing functions including FHA, VA, and conventional mortgage lending. Encompass software preferable. Knowledge of mortgage related requirements, procedures, and underwriting criteria.
Experience Required:
One to two years of related mortgage experience.
Skills/Abilities:
Good verbal and public relations skills; strong typing abilities; good basic math skills; able to use related computer applications; well organized.
Monday - Friday: 8:00 AM - 5:00 PM
Seniority level Entry level
Employment type Full‑time
Job function Finance and Sales
Industries: Banking
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