Residential Mortgage Loan Processor: Streamline Approvals

Peoples Security Bank & Trust Company; Moosic (Lackawanna County); On-site; USD 42,000 - 62,000; Full time

Job summary

Peoples Security Bank & Trust Company is seeking a Mortgage Loan Processor to support the Residential Mortgage Department. The role involves verifying loan documents, preparing files for underwriting, and coordinating with underwriters and clients to maintain timely processing.

The position requires strong communication and organizational skills, knowledge of mortgage regulations, and the ability to manage multiple tasks while ensuring accuracy and compliance.

Qualifications

• Strong communication, organizational and interpersonal skills.
• Analytical skills and proficiency with typing and computer use.
• Knowledge of current mortgage lending regulations.
• Working knowledge of loan documents and PSBT underwriting guidelines.

Responsibilities

• Verify accuracy and completeness of mortgage applications.
• Prepare initial file for underwriting review.
• Coordinate with underwriter to ensure reports and fees are ordered.
• Communicate with borrowers and mortgage professionals about status.
• Follow up on outstanding items and disclose properly.
• Prepare files for final underwriting and deliver commitments when applicable.
• Maintain security of department and account information.

Skills

Communication

Organizational skills

Interpersonal relations

Analytical ability

Typing skills

Computer skills

Mortgage lending regulations

Loan documentation knowledge

Underwriting guidelines

Education

High school diploma

Banking education/training preferred

Business-related advanced degree beneficial

Job description

Peoples Security Bank & Trust Company is seeking a Mortgage Loan Processor to support the Residential Mortgage Department. The role involves verifying loan documents, preparing files for underwriting, and coordinating with underwriters and clients to maintain timely processing.

The position requires strong communication and organizational skills, knowledge of mortgage regulations, and the ability to manage multiple tasks while ensuring accuracy and compliance.