Mortgage Loan Processor

F&M Bank; Yukon (OK); On-site; USD 42,000 - 64,000; Full time

Job summary

F&M Bank is seeking a Loan Processor to support mortgage originators by preparing and organizing loan files for underwriting. You will coordinate loan closing with Title Companies and clients, handling Conventional, FHA, and VA file types.

Responsibilities include reviewing loans daily, ordering credit reports and appraisals, and ensuring compliance. The role requires strong organization, communication, and teamwork in a fast-paced environment.

Qualifications

• High School Diploma required.
• Experience in Loan Processing preferred.
• Knowledge of mortgage lending terms and compliance.

Responsibilities

• Review loans in process daily.
• Determine which loans must be processed immediately.
• Order credit reports, appraisals, flood certs, and title work.
• Send documents to disclosures and verifications.
• Data entry of verifications, underwriting judgments.
• Refer to staff underwriter loans which do not meet basic standards.
• Follow up with originators, borrowers, agents to complete processing.
• Analyze loan files, submit completed loans for approval.
• Answer inquiries from originators, agents and borrowers regarding status of loans in process.

Skills

Team player

Effective communicator

Organizational skills

Time management

Analytical skills

Problem solving

Education

High School Diploma

Job description

Job Summary:

This position supports mortgage originators by preparing and organizing loan files for shipping to underwriting. Coordinates loan closing with Title Company's and clients. Experience with Conventional, FHA, VA file types preferred.

Essential Functions:

• Review loans in process daily
• Determine which loans must be processed immediately.
• Order credit reports, appraisals, flood certs, and title work.
• Send documents to appropriate parties, i.e., disclosures and verifications.
• Data entry of verifications, underwriting judgments.
• Refer to staff underwriter loans which do not meet basic standards.
• Follow up on consistent basis, with originators, borrowers, agents to complete -processing.
• Analyze loan files, submit completed loans for approval.
• Answer inquiries from originators, agents and borrowers regarding status of loans in process.
• Ensure all compliance has been met.

Requirements (Education, Experience):

• High School Diploma
• Experience in Loan Processing

Knowledge, Skills and Abilities:

• Team player.
• Ability to communicate with customers and bank personnel in professional manner.
• Demonstrate understanding of legal, real estate, mortgage lending terms.
• ability to work with minimal supervision in fast paced, team-oriented environment.
• Good verbal and written communication skills.
• Good interpersonal skills: able to work well with a wide range of people.
• Strong organizational and time management skills.
• Demonstrate dependability through good attendance and adherence to timelines and schedules.
• Good analytical and problem-solving skills.
• Demonstrate resourcefulness and ability to take initiative in development and completion of projects.
• Strong proficiency in PC applications.

Physical Requirements:

This work is sedentary and requires the following physical activities:

• Sitting for long periods of time; occasional bending, squatting, kneeling, stooping; good finger dexterity and feeling; frequent repetitive motions; talking, hearing, and visual acuity.
• Frequent lifting (up to 10 pounds of paper supplies or minor office equipment).

Working Conditions:

• Normal office environment.

NOTE: The above statements are intended to describe the general nature and level of work performed by an employee in this position. These statements are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of employees in this position.