Mortgage Loan Processor | Fast, Accurate Closings

Capital-Bank,-N.a.-2; Rockville (MD); On-site; USD 60,000 - 80,000; Full time

Job summary

Capital Bank N.A. in Maryland is seeking a Mortgage Loan Processor to collaborate with loan originators, process mortgage loans, and provide a best-in-class customer experience.

The processor will receive online applications, quickly review for accuracy, advise the LO on viability, and then gather necessary documents for underwriting. Responsibilities include calculating principal, interest and closing costs, preparing files, obtaining verifications and related documents, and coordinating with

Qualifications

• Experience in the mortgage industry as an assistant, loan processor or loan officer is required.
• Must have knowledge of lending terminology and the ability/experience speaking with borrowers regarding lending requirements.
• Experience processing conventional, FHA and VA loans.
• Proven customer service ability is required.

Responsibilities

• Calculates principal, interest and closing cost amounts and notifies the borrower accordingly.
• Prepares mortgage loan files by reviewing loan applications and clarifying and/or obtaining additional information.
• Confirms mortgage loan application information by corresponding with verification sources.
• Obtains mortgage loan documentation by ordering credit reports, land surveys, building appraisals, titles and related information.
• Identifies mortgage loan application and documentation problems by highlighting deficiencies and notifying the mortgage loan underwriter and/or mortgage loan supervisor accordingly.
• Discloses new loans, issues COC’s and completes the set up function of their loans.
• Recent experience in the mortgage industry as an assistant, loan processor or loan officer is required.
• Must have knowledge of lending terminology and the ability/experience speaking with borrowers regarding lending requirements.
• Experience processing conventional, FHA and VA loans.

Skills

Attention to detail

Communication

Time management

Education

High school diploma or equivalent

Tools

Microsoft Office

Job description

Capital Bank N.A. in Maryland is seeking a Mortgage Loan Processor to collaborate with loan originators, process mortgage loans, and provide a best-in-class customer experience.

The processor will receive online applications, quickly review for accuracy, advise the LO on viability, and then gather necessary documents for underwriting. Responsibilities include calculating principal, interest and closing costs, preparing files, obtaining verifications and related documents, and coordinating with