PROSPERITY BANK

Role Description Compile and audit all loan information to submit to underwriting / collect conditions and coordinate the file to closing. Be a sounding board of knowledge for MLOs and other processors. Essential Functions and Basic Duties - Verify and audit all loan documents and information provided by the customer and loan officer. - Process the loan to submit to underwriting which includes review of appraisal and all supporting documents to the loan file. - Collect and audit Conditions received. - Prepare files to submit to closing which includes auditing the title work, survey, Flood, CIP, Fraud Guard, and HOI. - Work closely with the title company & loan officer to get documents and CD prepared in a timely manner. - Review CD and communicate changes needed to close with the LO and Closer. - Follow up with closing to make sure all items necessary to fund the loan have been received. - Ensure that all compliance regulations have been met. - Order all documents needed for loan files such as appraisal, title, insurance, flood, CIP, Fraud Guard, and verifies. - Ability to do more complex loan programs such as Seth, VA, TSACH loans. - Help mentor new loan processors as they are hired to get acclimated. - All other duties as assigned. Qualifications - High school graduate or equivalent. - Understanding of mortgage loan processing functions including FHA, VA, and Conventional Mortgage Lending. Encompass software preferable. - Knowledge of mortgage related requirements, procedures, and underwriting criteria. - 5 or more years’ experience in mortgage loan processing. - Good verbal and public relations skills. - Strong typing abilities. - Good basic math skills. - Able to use related computer applications. - Well organized. Requirements - Finger Dexterity: Using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together. - Talking: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly. - Average Hearing: Able to hear average or normal conversations and receive ordinary information. - Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers. - Average Visual Abilities: Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery. - Physical Strength: Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally. Working Conditions - No hazardous or significantly unpleasant conditions (such as in a typical office). Mental Activities and Requirements of This Position - Reasoning Ability: Ability to apply common sense understanding to carry out detailed but uninvolved instructions and to deal with problems involving a few variables. - Mathematics Ability: Ability to perform basic math skills, use decimals to compute ratios and percents, and to draw and interpret graphs. - Language Ability: Ability to use passive vocabulary of 5,000-6,000 words; read at a slow rate; and define unfamiliar words in dictionaries for meaning, spelling, and pronunciation. - Ability to write complex sentences, using proper punctuation, and using adjectives and adverbs. - Ability to communicate in complex sentences, using normal word order with present and past tenses and good vocabulary. Monday - Friday: 8:00AM - 5:00PM