Mortgage Loan Processor - Residential Lending Services

United Bank of Southwest Alabama & Northwest Florida; Foley (AL); On-site; USD 42,000 - 62,000; Full time

Job summary

United Bank of Southwest Alabama & Northwest Florida is seeking a Mortgage Loan Processor to manage applications from initiation to closing, ensuring adherence to bank policies and regulations. The role involves reviewing financial documents, analyzing information, and collaborating with loan officers and third parties to facilitate a smooth mortgage experience for clients.

The candidate will review applications, verify financial information, and prepare loan files for underwriting while

Qualifications

• Review mortgage applications for completeness and accuracy.
• Verify financial information including credit reports, employment history, and income documentation.
• Ensure compliance with federal and state regulations governing mortgage lending.

Responsibilities

• Review and evaluate mortgage applications to ensure completeness and accuracy.
• Verify and analyze financial information, including credit reports, employment history, and income documentation.
• Communicate with loan officers, clients, and other interested parties to gather additional information and resolve discrepancies.
• Prepare loan files for underwriting by ensuring all necessary documentation is collected and organized.
• Monitor the progress of mortgage loan files and provide status updates to team members.
• Maintain detailed records of all communications and documentation related to loan applications.
• Provide excellent customer service throughout the mortgage process to build relationships with clients and lenders.
• Any other duties as assigned by Management.

Job description

Job Function / Summary

Candidate is responsible for managing mortgage applications from initiation to closing, ensuring adherence to regulations & bank policies. Primary duties include reviewing and verifying financial documents, analyzing information and collaborating closely with loan officers and third parties to facilitate an efficient mortgage experience for the bank’s clients.

Primary Duties & Responsibilities

• Review and evaluate mortgage applications to ensure completeness & accuracy.


• Verify & analyze financial information, including credit reports, employment history, and income documentation.


• Communicate with loan officers, clients, and other interested parties to gather additional information and resolve any discrepancies.


• Prepare loan files for underwriting by ensuring all necessary documentation is collected and organized.


• Monitor the progress of mortgage loan files and provide status updates to team members.


• Ensure compliance with federal and state regulations governing mortgage lending.


• Maintain detailed records of all communications and documentation related to loan applications.


• Provide excellent customer service throughout the mortgage process in order to build strong relationships with clients and the bank’s lenders.


• Any other duties as assigned by Management.