Loan Processor

Location
Buffalo, Minnesota
Salary
Competetive salary & benefit package
Posted
Jun 14, 2017
Closes
Jul 14, 2017
Category
Banking
Job Type
Employee
Employment Status
Full Time

Perform a variety of loan processing duties:

  • Assist with obtaining required information for mortgage loan applicants regarding verification of employment and deposits, appraisals, credit reports, title work, payoffs/subordinations, flood certification, tax transcripts, homeowner’s insurance, and any other pertinent information necessary for the loan file.
  • Process and verify documents received for mortgage loans, and update files/systems per the verified information
  • Prepare, stack, and submit files to lenders for underwriting
  • Input and update required customer information into secondary market loan origination software
  • Upload loans from loan origination software to lender websites for compliance and disclosure benchmarks, electronic delivery of loan application, and run automated underwriting findings (Fannie Mae - DU and Freddie Mac - LP)
  • Assist processing manager with preparing closing documents or requests
  • Assist post-closing with follow up on missing or incorrect documentation when needed
  • Answer questions from loan officers and customers pertaining to loans in process, potential loan requests, and general information
  • Completes and prints appropriate disclosures for all loan applications, and works with loan officer to deliver in timely fashion to applicant
  • Assist loan officer in requesting and following up on missing documentation
  • Interpret underwriting conditional approvals and collects information/documents needed to clear the conditions for a final approval
  • Assist processing manager in arranging/coordinating loan closings with lender, title closer, loan officer, borrowers, and realtors.
  • Gather and deliver appropriate documentation to compliance department for HMDA tracking and reporting
  • Perform any other duties as requested by management to assist other departments, as necessary
  • Follow up on receipt of final title polices and recorded mortgages, and deliver to final lender
  • Serve as back up for other functions in the department

Apply for Loan Processor

Already uploaded your resume? Sign in to apply instantly

Apply

Upload from your computer

Or import from cloud storage

Your Resume must be a .doc, .pdf, .docx, .rtf, and no bigger than 1Mb


4000 characters left


By applying for a job listed on Star Tribune Jobs you agree to our terms and conditions and privacy policy. You should never be required to provide bank account details. If you are, please email us.

More jobs like this