Mortgage Loan Processor at Presidential Bank FSB – Colonial Heights, Virginia

The Mortgage Loan Processor is primarily responsible for processing mortgage loans. This includes setting up and processing all types of mortgage loans, maintaining and transferring loans between computer systems, ordering required documents, and printing required loan documents. Review each loan document for completeness and accuracy.

• Excellent customer service in person, by phone, and through mail

• Knowledge of FHA, VA, USDA and Conventional underwriting guidelines and loan process

• Ability to review AUS findings and guidelines prior to loan submission to confirm that application fits loan program applied for

• Understand how to properly send disclosures to clients to be in compliance

• Order needed services and verifications

• Provide status updates to loan officer, applicant, Realtor, and title company

• Maintains record of all loans in process and reviews status with originator regularly

• Clear outstanding conditions and schedule loan for closing

• Strong attention to detail and organizational skills

• Work with minimal supervision and follow established procedures

• Assists, when needed, with reports and procedures

• Other projects and/ or duties as assigned

• High School Diploma or equivalency

• Minimum 5 years of experience in mortgage processing

• Ability to read, write and communicate at a level consistent with the requirements of the position

• Ability to present products and service information to members

• Excellent communication and interpersonal skills are required. Must be able to communicate professionally and effectively, orally and in writing with borrowers, co-workers, and managers

• Must possess a basic understanding of mortgage underwriting guidelines and credit analysis

• Must have a working knowledge of federal lending regulations and RESPA requirement

• Detail oriented with the ability to work with basic mathematical concepts such as percentages, ratios and fractions

• Working knowledge of Point preferred

• Working knowledge of Microsoft Word and Excel

• Demonstrated ability to work effectively with co-workers in a team-environment

• Ability to define and resolve problems

• Ability to work effectively under strict time constraints, deadlines, and the flexibility to adapt to peak periods of heavy workload