Mortgage Loan Processor; BR 26

Texana Bank, N.A.; California; Hybrid; USD 50,000 - 70,000; Full time

Job summary

Texana Bank, N.A. seeks an appraisal specialist to evaluate potential borrowers' eligibility for loans and mortgages. Responsibilities include conducting thorough application assessments, reviewing documentation, and liaising with stakeholders to ensure compliance with financial regulations.

The ideal candidate will have at least 5 years processing experience with loans, a strong grasp of lending procedures, and exceptional communication skills.

Qualifications

• 5 years or more processing conventional, VA and FHA loans.
• Post TRID knowledge required.
• Experience with direct/indirect lending procedures.
• In-depth understanding of relevant rules and regulations.

Responsibilities

• Perform initial appraisal of potential borrowers.
• Assess credit standings through research and interviews.
• Coordinate submission to underwriting and compliance assurance.
• Provide status updates to clients and stakeholders.

Skills

Communication skills

Sales skills

Organizational skills

Attention to detail

Job description

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.

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.