Mortgage Loan Processor - Owensboro, KY
Independence Bank, Owensboro, KY, United States
Mortgage Loan Processor
The Mortgage Loan Processor will assist Lenders with processing, approving, and closing all consumer purpose residential mortgage loans. Essential Functions, Duties and Responsibilities include, but are not limited to: Reviews early disclosures for accuracy and ensures timing requirements are met Supports the mortgage loan originators by processing applications and all supporting documents in a timely and accurate manner Reviews file documentation to ensure all required items are requested Inputs loan information into mortgage origination system for processing Maintains a strong working knowledge of Secondary Market/Freddie Mac requirements as well as evolving mortgage regulatory requirements Submits all processed secondary market loans to underwriting for final approval and clears any underwriting conditions Processes all closing documents for mortgage originators Ensures all required documentation is included in final loan for booking Education, Experience and Qualifications Education Required/Preferred Education Level Required: High School or GED Years of Experience Minimum Comments 1: A minimum of one (1) year of experience with loans and loan documents required License / Certification Required/Preferred License / Certification Description Additional Qualifications Computer competency required Secondary market experience preferred Core Competencies Organizational skills Oral and written communication skills Customer service skills Analytical and problem-solving skills Detail oriented Ability to multi-task Clerical and administrative skills Ability to work as a part of a team Working Conditions Indoors, environmentally controlled. Usual office working conditions. The noise level in the work environment is typical of most office environments with telephones, personal interruptions, and background noises. Travel Requirements Requirement Frequency No travel required: Never or Rarely Mandatory Vacation Mandatory vacation not required Physical Requirements Requirement Frequency Sitting (remaining in a seated position): Constantly Standing (remaining on one's feet in an upright position without moving about): Occasionally Walking (moving about on one's feet): Occasionally Lifting (raising or lowering an object from one level to another): Occasionally Carrying (transporting an object, usually by holding it in the hands or arms or on the shoulder): Occasionally Pushing/Pulling (exerting force upon an object so that the object moves away or toward the force): Occasionally Reaching (extending hand(s) and arm(s) in any direction, such as overhead, below waist, forward or lateral): Occasionally Keyboarding (entering text or data using computer keyboard or 10-key numeric keyboard): Constantly Pinching/Gripping (seizing, holding, grasping, turning or otherwise working with the hand(s) or fingers): Occasionally Stooping (bending downward and forward by bending spine at the waist): Never or Rarely Squatting/Crouching (bending body downward and forward by bending legs and spine): Never or Rarely Kneeling (bending legs at knees to come to rest on knee(s)): Never or Rarely Crawling (moving about on hand and knees or hands and feet): Never or Rarely Climbing (ascending or descending ladders, stairs, ramps): Never or Rarely Speaking (expressing or exchanging ideas by means of the spoken word to impart oral information to customers and to convey detailed spoken instructions accurately, loudly, or quickly): Frequently Hearing (the ability to hear, understand, and distinguish speech, either in person or telephonically): Frequently Near Visual Acuity (clarity of vision at approximately 20 inches or less): Frequently Far Visual Acuity (clarity of vision at approximately 20 feet or more): Occasionally Additional Physical Requirements May require lifting up to 10 pounds
The Mortgage Loan Processor will assist Lenders with processing, approving, and closing all consumer purpose residential mortgage loans. Essential Functions, Duties and Responsibilities include, but are not limited to: Reviews early disclosures for accuracy and ensures timing requirements are met Supports the mortgage loan originators by processing applications and all supporting documents in a timely and accurate manner Reviews file documentation to ensure all required items are requested Inputs loan information into mortgage origination system for processing Maintains a strong working knowledge of Secondary Market/Freddie Mac requirements as well as evolving mortgage regulatory requirements Submits all processed secondary market loans to underwriting for final approval and clears any underwriting conditions Processes all closing documents for mortgage originators Ensures all required documentation is included in final loan for booking Education, Experience and Qualifications Education Required/Preferred Education Level Required: High School or GED Years of Experience Minimum Comments 1: A minimum of one (1) year of experience with loans and loan documents required License / Certification Required/Preferred License / Certification Description Additional Qualifications Computer competency required Secondary market experience preferred Core Competencies Organizational skills Oral and written communication skills Customer service skills Analytical and problem-solving skills Detail oriented Ability to multi-task Clerical and administrative skills Ability to work as a part of a team Working Conditions Indoors, environmentally controlled. Usual office working conditions. The noise level in the work environment is typical of most office environments with telephones, personal interruptions, and background noises. Travel Requirements Requirement Frequency No travel required: Never or Rarely Mandatory Vacation Mandatory vacation not required Physical Requirements Requirement Frequency Sitting (remaining in a seated position): Constantly Standing (remaining on one's feet in an upright position without moving about): Occasionally Walking (moving about on one's feet): Occasionally Lifting (raising or lowering an object from one level to another): Occasionally Carrying (transporting an object, usually by holding it in the hands or arms or on the shoulder): Occasionally Pushing/Pulling (exerting force upon an object so that the object moves away or toward the force): Occasionally Reaching (extending hand(s) and arm(s) in any direction, such as overhead, below waist, forward or lateral): Occasionally Keyboarding (entering text or data using computer keyboard or 10-key numeric keyboard): Constantly Pinching/Gripping (seizing, holding, grasping, turning or otherwise working with the hand(s) or fingers): Occasionally Stooping (bending downward and forward by bending spine at the waist): Never or Rarely Squatting/Crouching (bending body downward and forward by bending legs and spine): Never or Rarely Kneeling (bending legs at knees to come to rest on knee(s)): Never or Rarely Crawling (moving about on hand and knees or hands and feet): Never or Rarely Climbing (ascending or descending ladders, stairs, ramps): Never or Rarely Speaking (expressing or exchanging ideas by means of the spoken word to impart oral information to customers and to convey detailed spoken instructions accurately, loudly, or quickly): Frequently Hearing (the ability to hear, understand, and distinguish speech, either in person or telephonically): Frequently Near Visual Acuity (clarity of vision at approximately 20 inches or less): Frequently Far Visual Acuity (clarity of vision at approximately 20 feet or more): Occasionally Additional Physical Requirements May require lifting up to 10 pounds