Mortgage Loan Processor I

First Federal Bank
  • Dunn, NC
  • Instant Apply
9 days ago

Job Description

FIRST FEDERAL BANK

 Dunn, NC

JOB DESCRIPTION

 

 

Job Title: Mortgage Loan Processor I                              Supervisor: Director of Residential Lending

  

 Last Date Reviewed: 2/11/26                                        Position

Last Date Modified: 2/11/26

 

Job Code:

Job Level:

Job Grade:

Salary Range:

Corporate Officer Title (if applicable):

 

 

Overview

Manage residential mortgage loan files from application to underwriting approval, closing and post-closing, ensuring accuracy and compliance. A processor will act as the primary liaison between loan officers, borrowers, and underwriters to collect and clear conditions to close a loan.

 

Key Responsibilities

 

  • Prepare initial disclosure packages and disclose to meet federal guidelines
  • Documentation Collection & Verification: Review loan applications for accuracy and verify borrower employment, income, assets, and credit reports.
  • Loan File Management: Organize and submit completed loan packages to underwriting.
  • Liaison Duties: Communicate with borrowers, underwriters, attorneys, and title companies to move the file forward.
  • Conditions Clearance: Gather necessary documentation to satisfy underwriter conditions.
  • Compliance & Regulatory Adherence: Ensure all files adhere to bank, investor, and government guidelines (FHA, VA, Conventional).
  • Closing Coordination: Prepare all necessary documentation for closings to meet federal guidelines and coordinate to schedule closings.
  • Objectively handle, process, and secure sensitive information and communications

·         Performing additional duties as requested by Director of Residential Lending. 

 

 

Required Skills and Qualifications

  • Experience: 1–3 years of mortgage loan processing experience is preferred
  • Technical Skills: Proficiency in loan processing software (Preferred: Encompass) and MS Office.
  • Strong understanding of mortgage guidelines, loan types (FHA, VA, Conventional), and RESPA regulations.
  • Exceptional attention to detail, strong communication, and the ability to work under tight deadlines

·         Proficient oral and written communication skills

·         Prior banking or credit related experience with a general understanding of banking fundamentals

·         Ability to meet strict deadlines, multi-task, and work with other departments as well as external customers to achieve required results.

 

 

 

PREFERRED JOB QUALIFICATIONS

. 

·         Bachelor’s degree in business related field.

 

 

FFB Management reserves the right to change this position description at any time according to business needs.

 

EOE

 

 

 

 

 

Numbers & Facts

LocationDunn, NC

Skills

  • Banking Servicesunmatched
  • Communication Skillsunmatched
  • Detail Orientedunmatched
  • Documentationunmatched
  • Federal Housing Administration (FHA)unmatched
  • File Managementunmatched
  • Governmentunmatched
  • Information/Data Security (InfoSec)unmatched
  • Loan Closingunmatched
  • Loan Processingunmatched
  • Loan Submissionunmatched
  • Loan Underwritingunmatched
  • Loansunmatched
  • Maintain Complianceunmatched
  • Microsoft Officeunmatched
  • Mortgage Lendingunmatched
  • Multitaskingunmatched
  • Post Closingunmatched
  • Presentation/Verbal Skillsunmatched
  • Regulationsunmatched
  • Regulatory Complianceunmatched
  • Residential Mortgagesunmatched
  • Time Managementunmatched
  • Underwritingunmatched
  • Writing Skillsunmatched

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