Mortgage Loan Processor II — Weekday Role & Growth

Bank of Utah; Missouri; On-site; USD 48,000 - 60,000; Full time

Benefits offered by this job

Great work-life balance

Competitive pay and benefits

401(k) with match

12 paid bank holidays + PTO

Volunteer opportunities

Awards and recognition

Job summary

Bank of Utah in Missouri is seeking a Full-Time Mortgage Loan Processor II to assist Loan Officers in the origination and processing of mortgage loans. You will maintain loan files to ensure compliance, coordinate closings and support junior processors when needed.

This role requires 1–3 years in mortgage loan processing, knowledge of FHA, VA, conventional and Utah Housing programs, IRS forms, and accurate income/asset verification. Strong communication and detail orientation are essential.

Qualifications

• 1-3 years experience in Mortgage Loan Processing.
• Good knowledge of FHA, VA, Conventional, Utah Housing and non-conforming loan programs.
• Good knowledge of IRS forms and schedules and can determine acceptable cash flow with little assistance.
• Good knowledge of title commitments and can resolve associated problems therewith with little assistance.
• Good verbal and written communication skills.
• Detail oriented.
• Able to submit files to underwriting with few conditions.
• Experienced in Windows based software.
• Pass Level II Processor Test.
• Experience with mortgage loan software programs.
• Good interpersonal and customer service skills.
• Time-management and organization skills.
• Ability to work with strict deadlines.
• Ability to explain technical concepts in simple terms.
• Ability to work in fast-paced environment.
• Willingness to learn new concepts to grow and advance

Responsibilities

• Performs initial file setup. If the file is not in LOS System, input the application information into the system.
• Prepares and sends initial application and disclosure package after L.O.’s approval. Very little assistance (VLA) needed.
• Analyzes initial paperwork to determine what items are needed to proceed with borrowers loan request.
• Indexes all borrowers documents into the correct document types in the LOS System.
• Determines with Loan Officer/Originator when to request AUS and reviews feedback for consistency.
• Reviews, analyzes, monitors, and maintains loan files for regulatory compliance from beginning to end.
• Accounts for receipts and expenditures on all loan files.
• Obtains income documentation and verifies accuracy and consistency.
• Coordinates loan closings with closing department, title company, borrowers, builders, realtors, etc.
• Attends essential functions and other duties as assigned

Skills

Verbal communication

Written communication

Attention to detail

Time management

Customer service

Willingness to learn

Education

High School Education

Tools

LOS System

Mortgage loan software

Windows-based software

Job description

Bank of Utah in Missouri is seeking a Full-Time Mortgage Loan Processor II to assist Loan Officers in the origination and processing of mortgage loans. You will maintain loan files to ensure compliance, coordinate closings and support junior processors when needed.

This role requires 1–3 years in mortgage loan processing, knowledge of FHA, VA, conventional and Utah Housing programs, IRS forms, and accurate income/asset verification. Strong communication and detail orientation are essential.