Mortgage Loan Processor

Texana Bank; United States; On-site; USD 36,000 - 50,000; Full time

Job summary

Texana Bank is seeking a Mortgage Operations professional to perform initial appraisal and assess borrower credit by reviewing applications and interviewing applicants. You will coordinate with underwriting and closing teams while ensuring compliance with lending rules.

Prior experience with conventional, VA, and FHA loans is preferred, with strong communication and sales skills. The role is full-time, hourly non-exempt, based in Keller, Texas, reporting to the Mortgage Processing Manager.

Qualifications

• Post-TRID knowledge is required.
• Experience processing conventional, VA and FHA loans preferred.
• Strong organizational and detail-oriented approach.
• Excellent communication and sales skills.

Responsibilities

• Identify customer needs, explore loan options, and review files for completeness.
• Verify accuracy of system input and analyze file for program applicability.
• Review documentation such as income/asset documents, credit reports, appraisals.
• Coordinate submission to underwriting and satisfaction of closing conditions.
• Provide updates to loan officers, borrowers, and agents; ensure compliance with regulations.

Skills

Loan processing experience

Encompass experience

TRID knowledge

Lending procedures

Regulatory compliance

Communication & sales

Tools

Encompass

Job description

About Texana Bank, N.A.
Texana Bank first opened its doors in 1914 in Linden, Texas. In the past century, banks in our region have come and gone, but Texana is different. At Texana, we believe in growing for the right reasons — to better serve you.

About Texana Bank, N.A.
Texana Bank first opened its doors in 1914 in Linden, Texas. In the past century, banks in our region have come and gone, but Texana is different. At Texana, we believe in growing for the right reasons — to better serve you.
Texana now boasts four full service branches throughout East Texas, in addition to two branches in Arkansas. We also have several mortgage offices to serve you. We’ re bringing honesty back to banking. Our staff has the tools and knowledge to help you achieve your goals faster. At Texana, we call you by name, and we’ re personally invested in your success. We’ re not going anywhere.
Position Type: Full-Time, Hourly Non-Exempt
Department: Mortgage Operations
Reports To: Mortgage Processing Manager
Salary Range: $26.44-$36.05 per hour
JOB SUMMARY: Responsible for performing initial appraisal of potential borrowers by thoroughly examining their applications; assessing the credit standings of applicants through background research; and interviewing applicants to evaluate their eligibility for loan or mortgage.
Essential Functions

• Identify customer needs, explore all options, and suggest different types of loans. Review files for completeness and accuracy.
• Verify accuracy of system input.
• Analyze file for program applicability.
• Review necessary documentation, such as income and asset documentation, credit report, verifications, appraisal report, preliminary title report, etc.
• Follow up with clients to request additional documents as needed or to clarify important points.
• Provide status updates to loan officers, borrowers, and agents.
• Remain up to speed regarding lending and other financial services.
• Coordinate all aspects of submission to underwriting, documentation requests and satisfaction of closing/funding conditions. Coordinate closings as needed.
• Submit files in a timely manner in accordance with company standards.
• Review pre-audit HUD-1 to ensure accuracy. Work with loan officer and title companies to resolve any discrepancies prior to closing.
• Prioritize workflow to ensure time sensitive files are handled in proper order.
• Assure compliance with all regulatory and governmental standards, guidelines, rules and regulations with all regulatory authorities, federal or state ordinances and administrative regulations and statutes.
• Forge trust relationship and enhance customer dedication.
• Ensures confidentiality of bank and customer information.
• Performs other duties as assigned.
  

Preferred Skills

• Preferably 5 years or more processing conventional, VA and FHA loans.
• Encompass experience preferred.
  

Requirements

• Post TRID knowledge required.
• Comprehension of direct/indirect lending procedures.
• In-depth understanding of relevant rules and regulations.
• Strong organization skills and detail oriented.
• Excellent communication and sales skills.
  

Equal Opportunity Statement: Texana Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, or any other protected status under applicable law.
Texana Bank Mortgage
1680 Keller Parkway
Keller, Texas 76248