Benefits:
401(k) matching
Paid time off
Position Summary:
As a Mortgage Loan Processing Specialist, you will play a crucial role in supporting Mortgage Loan Officers by gathering, reviewing, and ensuring the accuracy of all required loan documentation. Your goal will be to guarantee complete files, coordinate timely loan closings, and ensure compliance with company policies and applicable regulations. Duties and Responsibilities: Review lender notes for special instructions or requirements. Perform a Pre-UW scrub of loan files to ensure accuracy and completeness. Prepare and review initial loan disclosures. Disclose all new applications within the required 3 days. Validate borrower e-consent and document accordingly. Ensure compliance with Patriot Act requirements in every file. Verify electronic file documentation for thoroughness. Maintain documentation naming conventions in electronic storage. Prepare and send revised disclosures when necessary. Submit files for initial and final underwriting review. Send commitment letters, denials, and adverse action notices to borrowers. Lock loans with the investor as required. Complete all functions within the Loan Origination System (LOS). Request necessary third-party verifications (VOE, VOM, VOL) and update LOS. Order essential third-party services and ensure updates in LOS. Provide appraisal copies to borrowers and process payment invoices. Review underwriting approval conditions for finalization. Ensure hazard and flood insurance policies are compliant with guidelines. Resolve issues highlighted in title commitments or reports. Ensure compliance with all timing and delivery mandates. Communicate effectively with MLO and applicants as needed. Coordinate with title companies for seamless closings. Prepare and deliver preliminary closing disclosures (CD) promptly. Draft a disbursement worksheet to match the prelim CD. Review and prepare the final closing package for accuracy. Address all conditions required at closing as necessary. Process Plaza/TPO loans and manage closing and funding. Adhere to all bank policies and federal/state regulations. Maintain a consistent attendance record in alignment with bank standards. Perform other duties as required to fulfill the role. Qualifications: Education/Experience:
A minimum of two years of mortgage loan processing experience is required. Customer service experience in a financial institution is preferred. Skills and Abilities: Adaptability:
Ability to adjust quickly to changing situations; remains composed under pressure. Attention to Detail:
Careful regard for accuracy, able to detect errors and implement corrections. Change Management:
Embraces change as an opportunity; supports management initiatives. Customer Orientation:
Attentively responds to customer needs; builds strong relationships. Oral/Written Communication:
Clearly articulates ideas in verbal and written formats. Professionalism:
Represents the bank positively to customers and colleagues. Time Management:
Manages time effectively to meet deadlines prioritizing crucial tasks. Team Player:
Collaborates across teams to achieve bank goals. Working Environment: Individuals will encounter varied work conditions while performing essential job functions. Reasonable accommodations may be provided for individuals with disabilities. Travel:
A valid driver's license is required for travel to various bank offices, training, and meetings. Physical Requirements:
Physical demands are representative of those necessary to complete essential job functions. Accommodations may be made as needed. This description outlines the primary duties of the role, and employees may be required to undertake additional tasks as needed in accordance with state and federal laws. Job Description subject to change at any time at the discretion of management. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. Prevail Bank
is committed to providing excellent banking services to our customers. We are dedicated to demonstrating integrity and commitment to our communities through quality service and financial education. We invite you to explore our current job openings and see if we are a match for you!
As a Mortgage Loan Processing Specialist, you will play a crucial role in supporting Mortgage Loan Officers by gathering, reviewing, and ensuring the accuracy of all required loan documentation. Your goal will be to guarantee complete files, coordinate timely loan closings, and ensure compliance with company policies and applicable regulations. Duties and Responsibilities: Review lender notes for special instructions or requirements. Perform a Pre-UW scrub of loan files to ensure accuracy and completeness. Prepare and review initial loan disclosures. Disclose all new applications within the required 3 days. Validate borrower e-consent and document accordingly. Ensure compliance with Patriot Act requirements in every file. Verify electronic file documentation for thoroughness. Maintain documentation naming conventions in electronic storage. Prepare and send revised disclosures when necessary. Submit files for initial and final underwriting review. Send commitment letters, denials, and adverse action notices to borrowers. Lock loans with the investor as required. Complete all functions within the Loan Origination System (LOS). Request necessary third-party verifications (VOE, VOM, VOL) and update LOS. Order essential third-party services and ensure updates in LOS. Provide appraisal copies to borrowers and process payment invoices. Review underwriting approval conditions for finalization. Ensure hazard and flood insurance policies are compliant with guidelines. Resolve issues highlighted in title commitments or reports. Ensure compliance with all timing and delivery mandates. Communicate effectively with MLO and applicants as needed. Coordinate with title companies for seamless closings. Prepare and deliver preliminary closing disclosures (CD) promptly. Draft a disbursement worksheet to match the prelim CD. Review and prepare the final closing package for accuracy. Address all conditions required at closing as necessary. Process Plaza/TPO loans and manage closing and funding. Adhere to all bank policies and federal/state regulations. Maintain a consistent attendance record in alignment with bank standards. Perform other duties as required to fulfill the role. Qualifications: Education/Experience:
A minimum of two years of mortgage loan processing experience is required. Customer service experience in a financial institution is preferred. Skills and Abilities: Adaptability:
Ability to adjust quickly to changing situations; remains composed under pressure. Attention to Detail:
Careful regard for accuracy, able to detect errors and implement corrections. Change Management:
Embraces change as an opportunity; supports management initiatives. Customer Orientation:
Attentively responds to customer needs; builds strong relationships. Oral/Written Communication:
Clearly articulates ideas in verbal and written formats. Professionalism:
Represents the bank positively to customers and colleagues. Time Management:
Manages time effectively to meet deadlines prioritizing crucial tasks. Team Player:
Collaborates across teams to achieve bank goals. Working Environment: Individuals will encounter varied work conditions while performing essential job functions. Reasonable accommodations may be provided for individuals with disabilities. Travel:
A valid driver's license is required for travel to various bank offices, training, and meetings. Physical Requirements:
Physical demands are representative of those necessary to complete essential job functions. Accommodations may be made as needed. This description outlines the primary duties of the role, and employees may be required to undertake additional tasks as needed in accordance with state and federal laws. Job Description subject to change at any time at the discretion of management. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. Prevail Bank
is committed to providing excellent banking services to our customers. We are dedicated to demonstrating integrity and commitment to our communities through quality service and financial education. We invite you to explore our current job openings and see if we are a match for you!