Mortgage Processor

Equity Bank; Wichita (KS); On-site; USD 25,000 - 33,000; Full time

Benefits offered by this job

Health insurance

Dental & Vision Insurance

401(k) Retirement Plan

Flexible Spending & Health Savings

Sick & Vacation Time

Job summary

Equity Bank in Wichita, KS is seeking a Mortgage Processor (on-site) to join Mortgage Operations. You will ensure loans are processed and closed in compliance with agency and investor guidelines, coordinating verifications, and managing the loan pipeline.

Ideal candidates have 1-2 years in loan processing (FHA/VA/USDA/Conventional), TRID proficiency, and experience with Encompass LOS; strong accuracy, communication, and time management are essential.

Qualifications

• 1-2 years Loan Processing/Closing experience (FHA, VA, USDA, and Conventional) with strong agency guideline knowledge.
• TRID experience.
• Working knowledge of Encompass LOS is a plus.

Responsibilities

• Process and close loans per agency and investor guidelines.
• Order property abstract/title, survey, appraisals, and other verifications as required.
• Review documents for accuracy and completeness prior to underwriting.
• Manage pipeline daily to ensure deadlines are met.
• Coordinate the smooth process of loan closings with title company and lender.

Skills

Loan processing

TRID experience

Encompass LOS

Agency guidelines

Time-sensitive decisions

Microsoft Office

Interpersonal skills

Compliance & disclosures

Tools

Encompass LOS

Job description

Position

Mortgage Processor (not remote)

Department

Mortgage Operations

Location

Wichita, KS (on-site)

Status

FT/Hourly

About Equity Bank

Jump start your career at Equity Bank! We are currently hiring energetic, team oriented, and community focused individuals to join our team! With a team of best-in-class customer service experts, you'll help to build and expand on client relationships, deliver the banking products and services that meet the unique and individual needs of clients, and create and uphold an atmosphere of superior experience and service. At Equity Bank we’ll help you invest in your community through volunteer opportunities which align with our company initiatives and core values.

Responsibilities And Expectations

• Mortgage Processor
• Ensure loans are processed and closed in accordance with established agency and investor guidelines, policies, procedures, and clear to close conditions
• Order property abstract/title, survey (if appl), appraisals, and other verifications as required
• Review documents for accuracy and completeness prior to submitting to underwriting
• Manage pipeline daily to ensure deadlines are met
• Interact with the Lenders to resolve file discrepancies and, as necessary, request documentation
• Act as liaison with borrowers, customers, other bank employees, outside entities to facilitate loan processes
• Coordinate the smooth process of the loan closing with the title company and lender to ensure all loans are processed in a timely manner
• Complete Processing/Closing Compliance checklist on all loans and upload to loan file
• Disburse loan funds by initiating wire amount through bank wire program or disburse by check if needed
• Assist in resolution of investor and/or Quality Control requests
• Perform all duties in accordance with Equity Bank mortgage standards
• Store all loan documents in Loan Operating System (LOS) as received
• Mortgage Loan Compliance
• Review all documents for accuracy
• Ensure loans are in accordance with state and federal regulations such as, but not limited to, RESPA, HMDA and Fair Lending Practices
• Stay up to date on the changing rules and regulations pertaining to both private and government-insured mortgages
• Work in accordance to published department service level agreement
• Benchmark of less than 5% error ratio as documented through Quality Control reports, Internal Audits, External Audits and Regulatory Examinations
• Employee is responsible for understanding and following the applicable laws and regulations for their job responsibilities including but not limited to Equity Bank Business Ethic and Conduct policy, Bank Secrecy Act, Information security, and Suspicious Activity reporting requirements
• Perform other duties as assigned, required, or requested

Required Skills & Education

• Working knowledge of Encompass Loan Operating System (LOS) is a plus
• 1-2 years Loan Processing/Closing experience (FHA, VA, USDA, and Conventional) with strong agency guideline knowledge
• TRID experience
• Ability to make decisions in a time sensitive manner
  • Computer skills, Microsoft Office
  • Excellent interpersonal skills and professional manner
  • Knowledge of compliance and disclosure requirements

Who We Are

Equity Bank, a full-service, $8 billion community bank, is based in Wichita, Kansas, with 72 bank offices throughout Kansas, Missouri, Arkansas, Nebraska, and Oklahoma.

At Equity Bank, you can find exciting opportunities to challenge you, expand your skills, and reward your contributions. Our employees receive competitive compensation and benefits, while working in an atmosphere that encourages personal and professional growth. We’re searching for motivated individuals who are passionate about serving others, learning new technologies, and working as part of a team.

Equity Bank offers a full range of financial solutions, including online and mobile banking, commercial loans, consumer banking, and mortgage loans, treasury management service, the best solutions for your business, and absolutely zero ATM fees, anywhere.

Benefits Available

• Health, Dental & Vision Insurance
• Group Life & Long-Term Disability Insurance
• Flexible Spending & Health Savings Accounts
• Group Cancer Insurance
• 401(K) Retirement Plan w/ Company Match
• Generous Vacation & Sick Time
• Employee Stock Purchase Plan (ESPP)
• Pet Insurance
• Retail Banking Benefits

Find your future at Equity Bank!

The above statements are intended to generally describe the nature and level of work to be performed by most people assigned to this job. It is not intended as an exhaustive list of all responsibilities, duties, and requirements.

Physical Requirements

This position requires standing, walking, bending, and squatting on a regular basis. May require the ability to stoop, kneel, crouch or reach with hands and arms. Requires the ability to carry, lift, move or push up to 25 pounds on an occasional basis. Must be able to talk and listen to others.

Work Environment

This position regularly works in an office setting. Most of the job duties require the employee to be working with computers and electronic media on a regular basis.

Equity Bank is an equal opportunity employer and will not make employment decisions based on an applicant’s race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.