Mortgage Processing Specialist - Fast Closings & Compliance

bellbank; Creve Coeur (MO); On-site; USD 52,000 - 70,000; Full time

Job summary

Bell Bank is seeking an experienced mortgage loan processor in Creve Coeur, MO. The role handles applications within 72 hours of receipt, ensuring compliance with FHA/agency guidelines, and prepares packages for closing.

Responsibilities include gathering income, ordering verifications, managing disclosures, and coordinating with borrowers, sellers, and agents to resolve issues. Strong detail and communication skills are essential.

Qualifications

• H.S. Diploma or GED is required.
• 2-4 years of mortgage loan processing experience.

Responsibilities

• Review all new loan applications within 72 hours of receipt to ensure compliance with investor guidelines.
• Update loan files, mortgage system, and tracking system as information is received; prepare final loan package for closing and final approval.
• Determine information needed from customers to process the loan; obtain credit reports, order appraisals, title binders, surveys and tax transcripts; mail verification of deposit and employment, and update files when forms are returned.
• Review and analyze credit documents for accuracy and compliance with investor/agency guides; identify potential problems and discuss with loan officer or supervisor.
• Serve as the contact for borrowers, sellers, and agents; notify and work with them to resolve problems.
• Submit the loan file to underwriting, prepare cover letters with compensating factors, and follow up on underwriting conditions.
• Provide calculation of borrower’s income according to guidelines, including multiple income sources.
• Follow and monitor closing schedules with title companies; prepare loan file for closing, hazard insurance binder, TRID checklist; final HUD review.
• Update loan officers with current file status weekly; assist post-closing with investor pend issues.
• Remain informed of investor/agency/compliance policies and loan programs; respond to quality control inquiries.

Skills

Attention to detail

Deadline-driven

Communication skills

Customer service

Education

GED

Tools

Mortgage software

Job description

Bell Bank is seeking an experienced mortgage loan processor in Creve Coeur, MO. The role handles applications within 72 hours of receipt, ensuring compliance with FHA/agency guidelines, and prepares packages for closing.

Responsibilities include gathering income, ordering verifications, managing disclosures, and coordinating with borrowers, sellers, and agents to resolve issues. Strong detail and communication skills are essential.