Hybrid Mortgage Loan Processor — Residential Lending

WesBanco, Inc.; Bowie (MD); Hybrid; USD 35,000 - 39,000; Full time

Benefits offered by this job

PTO 17 days

STD 5 days

11 holidays

1 float holiday

Excellent benefits package

401(k) with match

Job summary

WesBanco, Inc. in Bowie, MD offers a hybrid schedule for a Mortgage Loan Processor in Residential Lending. You will support the mortgage loan cycle by coordinating with the MLO and customer to gather, organize and review documents for underwriting and to prepare files for closing.

Responsibilities include processing loan applications in Encompass, ordering reports, verifying income and assets, and ensuring disclosures are complete. Excellent customer service and attention to detail are essential.

Qualifications

• Associate's degree (A.A.) or equivalent from two-year college or technical school; or minimum six months experience and/or training; or equivalent combination of education and experience required.

Responsibilities

• Accept the loan application and related file in Encompass from MLO.
• Prepare a complete and paperless loan file in Encompass for Underwriting.
• Determine that the application fee and related GL tickets are in file.
• Confirm that a sales agreement is in file for purchases.
• Collect required documents and reports to process a mortgage loan request.
• Order required reports: appraisal, flood certification, title search or title insurance and tax transcripts.
• Perform preliminary review of the above reports upon receipt.
• Organize file as required in the Encompass system for each type of loan.
• Review loan application, disclosures and required documentation for completion and accuracy.
• Disclosures are complete and signed by customer as required.
• Review and verify income information and review or prepare self employment income analysis.
• Verify assets and sufficient funds for required equity, pre-paid expenses and closing costs.
• Review credit report and compare it to reported debts and payments.
• Complete a welcome call to customer and follow up for documents.
• Run high cost test and DU/LP.
• Submit completed paperless file to Underwriting.
• Notify customer and loan officers of underwriting decision.
• Assist in coordinating closing and send file to Closing.
• Consistently meet processing milestones as established by Bank.
• Provide exceptional, professional service to mortgage customers, originators, underwriters and closers.

Skills

Customer service

Interpersonal skills

Time management

Multitasking

Attention to detail

Education

Associate degree

Tools

Encompass

Microsoft Office

Job description

WesBanco, Inc. in Bowie, MD offers a hybrid schedule for a Mortgage Loan Processor in Residential Lending. You will support the mortgage loan cycle by coordinating with the MLO and customer to gather, organize and review documents for underwriting and to prepare files for closing.

Responsibilities include processing loan applications in Encompass, ordering reports, verifying income and assets, and ensuring disclosures are complete. Excellent customer service and attention to detail are essential.