Mortgage Opener

A great company begins with a great team! MPB Mortgage, a division of Mid Penn Bank, is actively seeking a Mortgage Opener to join our team in Mount Laurel, NJ.

We believe that our ongoing success depends upon a skilled, satisfied, and valued work force. As a member of our team, you can expect opportunities to develop your skills to help you excel in your role and achieve your professional career goals. We offer a comprehensive range of flexible benefits to support your personal and financial well-being. Our inclusive culture encourages all employees to share ideas, collaborate, and contribute to the values that make us a winning team for our customers, shareholders, and communities.

Position Overview

The Mortgage Opener is responsible for assisting with the initial stages of residential first mortgage loans, including FHA, VA, USDA, State bond programs and conventional loans to ensure compliance with Federal/State and investor's requirements in addition to FNMA, FHLMC, FHA, VA, USDA and state bond guidelines and company policies. This individual reviews and verifies the initial financial information provided by the Loan Officer and the applicant to determine if sufficient information has been provided to begin processing the application. The Mortgage Opener reviews eligibility of new mortgage applications received from loan officers and updates information on the Loan Origination system as needed and orders all initial services required to process a mortgage application including but not limited to appraisals, flood certifications, condo questionnaires and verifications of employment.

Essential Duties and Responsibilities

• Completes an initial review of residential first mortgage loans, including FHA, VA, USDA, State bond programs and conventional loans to ensure general compliance with investor's requirements, FNMA, FHLMC, FHA, VA, USDA and state bond guidelines, along with Federal and State regulations and company policies.
• Reviews and verifies the initial financial information provided by the Loan Officer and the applicant to determine if sufficient information has been provided to begin processing the application.
• Reviews eligibility of new mortgage applications received from loan officers and updates information on the Loan Origination system as needed and orders all initial services required to process a mortgage application including but not limited to appraisals, flood certifications, condo questionnaires and verifications of employment.
• Accepts initial Applications from Loan Officers and reviews for completeness.
• Processes appraisal fee checks, orders appraisals and flood certifications, and processes 4506-T forms for all loans upon receipt of the loan file.
• Enters and updates information into the Loan Origination System as needed.
• Coordinates specific work tasks with other personnel within the department as well as with other departments in order to ensure the smooth and efficient flow of information.
• Maintains customer confidentiality.
• Keeps abreast of changes in policies, procedures, and regulations applicable to the bank and mortgage industry. Understands and applies Federal and State regulations pertaining to residential first mortgage loans.
• Assists with HMDA data review to ensure accurate and complete reporting of all required information to meet regulatory requirements
• Performs tasks, which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.
• Regular and predictable attendance is required.

Education & Qualifications

• A B.S. or B.A. degree, preferably in a related field of study preferred.
• A minimum of one (1) years' related experience normally required.
• Previous residential mortgage experience strongly preferred.
• Must be able to effectively prioritize tasks and meet deadlines while completing accurate work.

Skill(s)

Proficient reading, writing, grammar, and mathematics skills; proficient interpersonal relations and communication skills, including visual, auditory and speaking skills; through knowledge of changes in policies, procedures, and regulations applicable to the bank and the mortgage industry; understanding of Federal and State regulations and investor's guidelines pertaining to residential first mortgage loans; strong problem solving, analytical, and organizational skills; excellent knowledge and proficiency in Word, Excel, Outlook, and automated underwriting systems; strong attention to details, accuracy, and quality; ability to sit, stand, walk, bend, stoop, reach with hands or arms, use hands to manipulate objects, handle or feel, and lift items weighing 20 lbs. or less.

Pay Transparency

We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate's knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

The hourly rate for this position ranges from $20.36 to $30.54.

Benefits

Mid Penn Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account, dental and vision insurance; life insurance; 401(k) program with employer match and employee stock purchase plan; paid time off, paid holidays; disability insurance coverage, parental leave; employee assistance program, and tuition reimbursement.

In addition, all employees are eligible to participate in mentorship programs, receive individualized development and career counseling, and participate in Mid Penn University courses and development programs.

EEO Statement

Qualified applicants are considered without regard to race, color, age, sex, sexual orientation, gender identity, religion, national origin, genetic information, pregnancy, disability, or protected veteran status. We also comply with all applicable laws governing employment practices and do not discriminate on the basis of any unlawful criteria.

Equal Opportunity Employer-Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Mid Penn Bank currently or in the future.