Mortgage Processor II

First Citizens Bank; Raleigh (NC); On-site; USD 45,000 - 65,000; Full time

Job summary

First Citizens in Raleigh, North Carolina, is seeking a capable individual for mortgage processing. The role entails verifying documentation accuracy, communicating loan statuses, and managing a pipeline of active loans. Candidates must possess either a Bachelor's Degree with no experience or a High School Diploma/GED with 3 years of experience in mortgage processing. The position offers competitive benefits tailored for associates.

Qualifications

• Bachelor's Degree with no experience or High School Diploma/GED with 3 years in mortgage processing.

Responsibilities

• Verify accuracy and completion of loan documentation for closings.
• Provide communication regarding loan statuses and outstanding issues.
• Secure property appraisals and complete initial reviews.
• Manage a pipeline of active loans and administrative support tasks.

Skills

Mortgage processing

Loan documentation

Pipeline management

Education

Bachelor's Degree or High School Diploma/GED

Job description

Overview

This position processes mortgage loans, loan applications, and all associated documentation at a higher level of complexity. Validates application information for underwriting purposes and updates department systems accordingly. Prepares approved loans for closing submission, and notifies appropriate parties for action on declined loans. Contributes to protecting the Bank from fraud, misrepresentation, and mortgage loan default through compliance with federal regulations, department policy, and standard procedures. May provide guidance for less experienced associates in the work group.

Responsibilities

• Mortgage Processing - Verifies the accuracy and completion of all documentation or information necessary for loan closings. Assists in scheduling loan closings and answers questions regarding the mortgage loan process. Places closing conditions on the file and prepares approved loans for the Closing Department. Submits loans recommended for decline to second level review and issues adverse action notices.


• Loan Operations - Provides ongoing communication to associates and management regarding loan status, conversations with applicants, and outstanding issues. Conveys deficiencies in loan documentation with the necessary parties. Ensures compliance in all operations with applicable guidelines and regulations. May assist management with more complex matters and projects.


• Collateral Appraisal - Secures a property appraisal and completes the initial review against established checklists.


• Business Support - Performs a variety of administrative support tasks during the course of mortgage processing.


• Pipeline Management - Manages a pipeline of active loans by updating and prioritizing activities based on projected loan closing date. Ensures that loans close prior to approval expiration and rate lock expiration.

Qualifications

Bachelor's Degree and 0 years of experience in Mortgage processing OR High School Diploma or GED and 3 years of experience in Mortgage processing

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.