Jobs at Flat Branch Home Loans (Now Hiring) — 9 open

Description

Basic Description:

A Mortgage Loan Processor is responsible for completing and verifying financial information on loan applications by obtaining necessary information to process a complete mortgage loan file. (i.e. credit, income, assets, appraisal, etc.) The Loan Processor also ensures compliance with all Federal rules and regulations including, but not limited to, Respa, Tila, HVCC etc. and all internal policies and procedures such as fraud prevention. 

It is the policy of Flat Branch Mortgage quality control procedures to ensure that at a minimum, the borrower(s) are contacted by the Loan Processor at least once on every loan file. 

This is an in-office role at our Jefferson City, MO location. Candidates within driving distance of our Jefferson City, MO location will be considered. 

Responsibilities:

• The loan officer submits the file to loan processor with application, proper disclosures, income, assets and credit information.
• The loan processor then reviews the information in the file to verify all documentation is accurate, complete and meets established standards, including type and amount of mortgage, borrower assets, liabilities and employment information. The loan processor corrects data errors and obtains missing information when necessary.
• The loan processor then calls specified companies to request necessary information such as title commitment, verification of employment and hazard insurance. 
• After the file is complete and all of the necessary information has been ordered, the loan processor submits the loan file to underwriting for approval. The file will then be underwritten and returned to the processor with a list of conditions needed. The processor will obtain proper information to satisfy the conditions that are needed for the file to be clear to close. When the processor has obtained all necessary conditions, they then submit the file back to the underwriter to ensure all conditions have been met.
• When all conditions are cleared, and the file is clear to close then the processor submits the file to the Mortgage Loan Closer for settlement. 
• Any other duties as assigned by the team leads and/or department managers. 

Requirements

Qualifications & Skills:

• 2 years’ experience in Mortgage Loan Processing, required  
• Familiar with the mortgage loan process and required documentation
• Excellent customer service skills 
• Proficient in basic computer technologies, appropriate for a paperless environment
• Adaptable to change and shifts in priority
• High attention to detail and ability to manage time effectively  
• Knowledge of Encompass LOS recommended but not a requirement
• Prolonged periods of sitting at a desk and working on a computer, daily