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Loan Processing Specialist
Location
Florida + 2 moreAll locations: Florida | Tennessee | Texas
Posted
13 hours ago
Salary
0
Seniority
Mid Level
Job Description
Loan Processing Specialist
SWBC
• Obtain, prepare and process all necessary documentation required for mortgage loan files through approval. • Ensure customer service standards are upheld when responding to inquiries. • Ensure loan processing is in compliance with bank, regulatory and investor guidelines. • Prepare loan files for loan submission to underwriting by inputting information into system, completing processing sheets, and prioritizing documents. • Review and verify each file to ensure all information is correct and current. • Order credit reports, title commitments, surveys, and appraisals from appropriate parties. • Act as liaison between customers and all parties involved in the transaction and communicate with customers regarding loan status. • Submit files through automated underwriting for approval and completed loan packages to appropriate underwriter for final approval. • Prepare approved loans for closing and coordinate closing with lenders, borrowers, and title companies. • Attend seminars, in-house training sessions, and/or read mortgage publications to stay abreast of new loan product guidelines and processing procedures. • Send verification for deposits, employment, installment loans, mortgages and rentals as required.
Job Requirements
- High School Diploma or equivalency.
- Minimum of one to three (1 - 3) years of mortgage processing or two to three (2 - 3) years of clerical, administrative support, or related experience.
- State Licensing may be required by some states.
- Understanding of FNMA and Freddie MAC guidelines
- Knowledge of VA and FHA preferred.
- Understanding of loan processing and closing policies, procedures, documents, underwriting requirements, governmental and agency requirements, terminology and automated processing systems.
- Understanding of credit policies and approval processes.
- Working knowledge of general office equipment.
- Strong analytical and problem solving skills.
- Good interpersonal skills to work well with loan officers and customers.
- Excellent verbal and written communication skills.
- Excellent organizational and time management skills.
- Able to manage multiple tasks/projects and deadlines simultaneously.
- Able to work well under pressure.
- Able to type at least 60 WPM accurately.
- Able to work under sometimes demanding conditions while maintaining professionalism and enthusiasm.
- Able to lift 10-20 lbs. of files or other loan documents.
- Able to sit for long periods of time preparing and processing mortgage loan files.
Benefits
- Competitive overall compensation package
- Work/Life balance
- Employee engagement activities and recognition awards
- Years of Service awards
- Career enhancement and growth opportunities
- Leadership Academy and Mentor Program
- Continuing education and career certifications
- Variety of healthcare coverage options
- Traditional and Roth 401(k) retirement plans
- Lucrative Wellness Program
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