Mortgage Loan Processor
\*Position may be eligible for remote work in Kentucky once fully trained.
Job Code
MTGPROC
Job Family
Supervisory
No
Job Summary
The Mortgage Loan Processor will assist Lenders with processing, approving, and closing all consumer purpose residential mortgage loans.
Essential Functions, Duties and Responsibilities include, but are not limited to:
- Reviews early disclosures for accuracy and ensures timing requirements are met
- Supports the mortgage loan originators by processing applications and all supporting documents in a timely and accurate manner
- Reviews file documentation to ensure all required items are requested
- Inputs loan information into mortgage origination system for processing
- Maintains a strong working knowledge of Secondary Market/Freddie Mac requirements as well as evolving mortgage regulatory requirements
- Submits all processed secondary market loans to underwriting for final approval and clears any underwriting conditions
- Processes all closing documents for mortgage originators
- Ensures all required documentation is included in final loan for booking
- Computer competency required
- Secondary market experience preferred
- Organizational skills
- Oral and written communication skills
- Customer service skills
- Analytical and problem\-solving skills
- Detail oriented
- Ability to multi\-task
- Clerical and administrative skills
- Ability to work as a part of a team
Education, Experience and Qualifications
Education
Required/Preferred
Education Level
Description
Required
High School or GED
Years of Experience
Minimum
Comments
1
A minimum of one (1\) year of experience with loans and loan documents required
License / Certification
Required/Preferred
License / Certification
Description
Additional Qualifications
Core Competencies
Working Conditions
Working Conditions
Indoors, environmentally controlled. Usual office working conditions. The noise level in the work environment is typical of most office environments with telephones, personal interruptions, and background noises.
Travel Requirements
Requirement
Frequency
No travel required
Never or Rarely
Mandatory Vacation
Mandatory vacation not required
Physical Requirements
Requirement
Frequency
Sitting (remaining in a seated position)
Constantly
Standing (remaining on one’s feet in an upright position without moving about)
Occasionally
Walking (moving about on one’s feet)
Occasionally
Lifting (raising or lowering an object from one level to another)
Occasionally
Carrying (transporting an object, usually by holding it in the hands or arms or on the shoulder)
Occasionally
Pushing/Pulling (exerting force upon an object so that the object moves away or toward the force)
Occasionally
Reaching (extending hand(s) and arm(s) in any direction, such as overhead, below waist, forward or lateral)
Occasionally
Keyboarding (entering text or data using computer keyboard or 10\-key numeric keyboard)
Constantly
Pinching/Gripping (seizing, holding, grasping, turning or otherwise working with the hand(s) or fingers)
Occasionally
Stooping (bending downward and forward by bending spine at the waist)
Never or Rarely
Squatting/Crouching (bending body downward and forward by bending legs and spine)
Never or Rarely
Kneeling (bending legs at knees to come to rest on knee(s))
Never or Rarely
Crawling (moving about on hand and knees or hands and feet)
Never or Rarely
Climbing (ascending or descending ladders, stairs, ramps)
Never or Rarely
Speaking (expressing or exchanging ideas by means of the spoken word to impart oral information to customers and to convey detailed spoken instructions accurately, loudly, or quickly)
Frequently
Hearing (the ability to hear, understand, and distinguish speech, either in person or telephonically)
Frequently
Near Visual Acuity (clarity of vision at approximately 20 inches or less)
Frequently
Far Visual Acuity (clarity of vision at approximately 20 feet or more)
Occasionally
Additional Physical Requirements
May require lifting up to 10 pounds