Mortgage Loan Processor

First State Bank & Trust
Tonganoxie, KS Full-time
Posted on October 19, 2019
Has responsibility for managing the processing and closing process for Secondary Market and In Bank real estate loan files. Considered an experienced Secondary Market processor who can handle complex tasks and accounts. Processes initial disclosures for all consumer real estate transactions including Secondary Market, In Bank, Construction, Bridge, Home Equity, and Land Loans. Reviews residential loan application file to verify that application data is complete and meets Bank standards including type and amount of mortgage, borrower assets, liabilities, and length of employment. Submits loan for underwriting and is responsible for working required conditions to obtain approval. Communicates with internal customers regarding documentation for loans and status of loans. Enters loan closing information into mortgage computer systems. Coordinates communication with Title companies on preparation of closing disclosure, loan documents, and settlement process for purchase transactions for all Retail loans including Secondary Market, In Bank, and Land Loans. Submits and prepares approved refinance closing documents to Retail Lenders. Finalizes loan transmittals and funding for closed real estate loans. Processes account payable vouchers.