Mortgage Loan Processor: Growth, Impact & Precision

Mmbba; Omaha (NE); On-site; USD 36,000 - 50,000; Full time

Job summary

Texana Bank Mortgage is seeking a qualified professional to perform initial appraisal of potential borrowers by examining applications and assessing credit standings through background research. The role involves interviewing applicants to evaluate loan eligibility and coordinating with underwriting and title services to ensure accurate, timely closings.

Key tasks include reviewing documents, verifying inputs, and maintaining compliance with TRID rules and lending regulations.

Qualifications

• Post-TRID knowledge is 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.

Responsibilities

• 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 statues.
• Forge trust relationship and enhance customer dedication.
• Ensures confidentiality of bank and customer information.
• Performs other duties as assigned.

Skills

Communication skills

Sales skills

Encompass

Tools

Encompass

Job description

Texana Bank Mortgage is seeking a qualified professional to perform initial appraisal of potential borrowers by examining applications and assessing credit standings through background research. The role involves interviewing applicants to evaluate loan eligibility and coordinating with underwriting and title services to ensure accurate, timely closings.

Key tasks include reviewing documents, verifying inputs, and maintaining compliance with TRID rules and lending regulations.