Sr. Mortgage Loan Processor Role: To process, close and fund mortgage loan applications. Essential Functions & Responsibilities: Performs the entire end to end mortgage loan process. Duties to include but not limited to: - Process a large volume of both inbound and outbound real estate loan related phone calls, text messages, emails, and chats from both internal and external members daily. - Communicates effectively with borrowers and mortgage loan originators regarding any missing or delayed documentation required for loan approval or clear to close. - Verify, compile, and input/update application information into the appropriate mortgage software. - Review real estate loan files to verify that all data and documents are complete, accurate, and meet all established standards. - Prepare disclosures within the required time frames to meet regulatory standards. - Gather and process all loan documentation required and ensure compliance with policy, regulatory, and loan terms. - Place orders with outside vendors for title work, appraisals, flood certification, insurance, and any other related items required for the loan to meet underwriting conditions. - Perform necessary follow up on any items required for the loan in a timely manner to ensure target closing dates are achieved. - Submit conditions to underwriting to obtain clear to close. - Inform supervisor or Mortgage Loan Originator of any discrepancies on any loan documentation provided or ordered. - Effectively monitor pipeline report for all loans assigned to their queue to ensure timely forward progress and achievement of target closing date. - Coordinate and schedule closings with all required parties (Borrowers, Mortgage Originators, and Outside vendors. - Communicate effectively with borrowers, mortgage loan originators, and outside vendors to ensure a best in class closing experience. - Generate and coordinate delivery of all closing documentation to appropriate parties. - Book and fund closed real estate loans in the appropriate system. - Ensure all required payoff checks are generated and mailed. - Review closed real estate loan documentation for accuracy and upload to appropriate system. - Assign closed real estate files to Post Closing/Servicing. - Performs other related duties as assigned Knowledge and Skills:
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