Mortgage Loan Processor 1
F.N.B. Corporation, Greensboro, NC, United States
Primary Office Location:
626 Washington Place. Pittsburgh, Pennsylvania. 15219.
Position Title: Loan Processor - Mortgage Administration
Business Unit: Mortgage Administration
Reports to: Manager of Mortgage Processing
Position Overview This position is primarily responsible for gathering, organizing and processing residential mortgage loan documentation and establishing and maintaining loan documentation files. The incumbent functionally supports loan officers and staff, finalizes loan application packages and performs various administrative support duties. The incumbent provides the highest quality of service to every customer.
Primary Responsibilities
Processes residential mortgage loan applications by identifying and gathering required documentation from Mortgage Loan Officers and Borrowers, entering data into the Loan Origination System (LOS) and ensuring appropriate documentation and data entry occur to enable an accurate underwriting determination in a timely manner.
Collects and reviews sales contracts, credit reports, IRS returns, construction plans and specifications, appraisals, title commitments, flood certificates, etc. according to established policies and procedures; properly indexes all received documentation in the imaging system and orders/reviews any verifications, re-verifications, insurance commitments as required.
Functionally supports loan officers by facilitating the exchange of information necessary to complete loan transactions, including communication with borrowers, settlement agents, insurance providers and other resources to perfect the loan file for submission, and maintains communication with underwriters to identify and facilitate condition clearance.
Documents all communication and loan milestone details in the notes section of the loan origination system to facilitate management and audit reviews, ensuring a well‑documented, easy‑to‑review loan history that demonstrates accurate transaction history.
Performs an initial review of documentation to troubleshoot potential issues that might jeopardize loan approvals, reviews any pertinent loan or third‑party documentation, and indexes all accordingly.
Establishes partnerships with loan officers and operations partners to facilitate mortgage loan origination, acting as a liaison both internally within operations and externally with vendors and borrowers, representing the company as a primary contact to ensure timely completion of transactions.
Maintains an understanding of compliance and regulatory risk relevant to processing mortgage loan applications, and stays current on all loan programs and program requirements.
Performs other related duties and projects as assigned.
All employees have the responsibility and accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines; compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Level of Education Required High School or GED
Minimum # of Years of Job Related Experience 3
Skills Required
Excellent organizational, analytical and interpersonal skills
Excellent communication skills, both written and verbal
Detail‑oriented
Ability to use general office equipment
Ability to use a personal computer and job‑related software
MS Word - Basic Level
MS Excel - Basic Level
MS PowerPoint - Basic Level
Knowledge of compliance issues, secondary market and job‑related policies and procedures
Licensures/Certifications Required N/A
Physical Requirements Or Work Conditions Beyond Traditional Office Work N/A
Equal Employment Opportunity (EEO) It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace. FNB will not provide sponsorship for employment‑based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.
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Position Title: Loan Processor - Mortgage Administration
Business Unit: Mortgage Administration
Reports to: Manager of Mortgage Processing
Position Overview This position is primarily responsible for gathering, organizing and processing residential mortgage loan documentation and establishing and maintaining loan documentation files. The incumbent functionally supports loan officers and staff, finalizes loan application packages and performs various administrative support duties. The incumbent provides the highest quality of service to every customer.
Primary Responsibilities
Processes residential mortgage loan applications by identifying and gathering required documentation from Mortgage Loan Officers and Borrowers, entering data into the Loan Origination System (LOS) and ensuring appropriate documentation and data entry occur to enable an accurate underwriting determination in a timely manner.
Collects and reviews sales contracts, credit reports, IRS returns, construction plans and specifications, appraisals, title commitments, flood certificates, etc. according to established policies and procedures; properly indexes all received documentation in the imaging system and orders/reviews any verifications, re-verifications, insurance commitments as required.
Functionally supports loan officers by facilitating the exchange of information necessary to complete loan transactions, including communication with borrowers, settlement agents, insurance providers and other resources to perfect the loan file for submission, and maintains communication with underwriters to identify and facilitate condition clearance.
Documents all communication and loan milestone details in the notes section of the loan origination system to facilitate management and audit reviews, ensuring a well‑documented, easy‑to‑review loan history that demonstrates accurate transaction history.
Performs an initial review of documentation to troubleshoot potential issues that might jeopardize loan approvals, reviews any pertinent loan or third‑party documentation, and indexes all accordingly.
Establishes partnerships with loan officers and operations partners to facilitate mortgage loan origination, acting as a liaison both internally within operations and externally with vendors and borrowers, representing the company as a primary contact to ensure timely completion of transactions.
Maintains an understanding of compliance and regulatory risk relevant to processing mortgage loan applications, and stays current on all loan programs and program requirements.
Performs other related duties and projects as assigned.
All employees have the responsibility and accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines; compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Level of Education Required High School or GED
Minimum # of Years of Job Related Experience 3
Skills Required
Excellent organizational, analytical and interpersonal skills
Excellent communication skills, both written and verbal
Detail‑oriented
Ability to use general office equipment
Ability to use a personal computer and job‑related software
MS Word - Basic Level
MS Excel - Basic Level
MS PowerPoint - Basic Level
Knowledge of compliance issues, secondary market and job‑related policies and procedures
Licensures/Certifications Required N/A
Physical Requirements Or Work Conditions Beyond Traditional Office Work N/A
Equal Employment Opportunity (EEO) It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace. FNB will not provide sponsorship for employment‑based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.
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