Mortgage Loan Processor

Employer
Presidential Mortgage
Location
Frederick, MD
Posted
Sep 11, 2017
Closes
Sep 19, 2017
Function
Accountant, IT
Hours
Full Time
Mortgage Loan Processor Presidential Bank Mortgage, a division of Presidential Bank, FSB ; an innovative, growing and well-respected mortgage banker located in Frederick, MD area is looking Mortgage Loan Processor to support our team members. The Mortgage Loan Processor is responsible for processing mortgage loans. This includes setting up and processing all types of mortgage loans, maintaining and transferring loans between computer systems, ordering required documents and printing required loan documents. Reviews each loan document for completeness and accuracy. Assists, when needed, with reports and procedures. FLSA Status: Full-Time (Non-Exempt) Reports to: Branch Manager/ OPS Manager Major Duties and Responsibilities: Excellent customer service in person, by phone and through mail Knowledge of FHA, VA, USDA and Conventional underwriting guidelines and loan process Ability to review AUS findings and guidelines prior to loan submission to confirm that application fits loan program applied for Understand how to properly send disclosures to clients to be in compliance Order needed services and verifications Provide status updates to loan officer, applicant, Realtor and title company Maintains record of all loans in process and reviews status with originator regularly Clear outstanding conditions and schedule loan for closing Strong attention to detail and organizational skills Work with minimal supervision and follow established procedures Mortgage Loan Processor Position Requirements: High School Diploma or equivalency Minimum 3-5 years of experience in mortgage processing Ability to read, write and communicate at a level consistent with the requirements of the position Ability to present products and service information to members Excellent communication and interpersonal skills are required. Must be able to communicate professionally and effectively, orally and in writing with borrowers, co-workers and managers Must possess a basic understanding of mortgage underwriting guidelines and credit analysis Must have a working knowledge of federal lending regulations and RESPA requirement Detail oriented with the ability to work with basic mathematical concepts such as percentages, ratios and fractions Working knowledge of Point preferred Working knowledge of Microsoft Word and Excel Demonstrated ability to work effectively with co-workers in a team-environment Ability to define and resolve problems Ability to work effectively under strict time constraints, deadlines and the flexibility to adapt to peak periods of heavy workload Presidential Bank, FSB is an equal opportunity/affirmative action employer. We consider applicants without regard to race, color, religion, creed, gender, national origin, age, disability, genetic information, marital or veteran status, or any other category protected by federal, state or local law. **EOE and E-verify employer. Pre-Employment Background/Credit Checks required**