The Mortgage Loan Processor will assist in everyday loan processing duties, including but not limited to:

• Providing administrative assistance to the residential Loan Officer and staff, including updating loan data for entry into the computers and assembling documentation for residential loans.
• Determining the required documents for processing based on Marine Bank and its investor guidelines.
• Ensuring that residential loan files contain documents with proper signatures, dates and other relevant data.
• Completing and mailing the borrower the Loan Estimate based on the application information within three days of the loan application as needed.
• Requesting pay stubs, bank statements, termite inspection, homeowners insurance, and any other required documents from the borrower.
• Evaluating and calculating income and asset verification based on documents collected from the borrower.
• Evaluating and determining homeowners insurance coverage is adequate for the mortgage being requested.
• Evaluating and approving the appraisal, upon receipt. If the value is less than anticipated for the mortgage request or repairs are required. The Loan Processor alerts the Loan Officer and when needed calls the borrower and/or realtor to discuss the necessary requirements per Marine Bank and its investor guidelines.
• Analyzing the title work to determine the proper parties are taking title and there are no encumbrances that will impact the lien position on Marine Bank and its investor.
• Evaluating the flood certification and determines if the borrower is required to obtain flood insurance.
• Communicating with the borrower, realtor, loan officer, underwriter, and closer is critical and required on each loan application.
• Submitting the loan application package to the underwriter for approval based on the analysis and final review.
• Mailing the approved commitment letters to the customer.
• Assisting other departments on a temporary basis as needed during peak hours.
• Other duties as assigned.

Required Experience:

Required Skills and/or Education:

• High school diploma or equivalent.
• 2-5 years of experience in the Mortgage industry.
• 2-5 years of experience with FNMA, FHA, VA, Rural Development, IHDA and FHLB DPP grant.

From: Marine Bank
Benefits:

Marine Bank is committed to providing a competitive benefit package that includes:

• Paid Time Off (Vacation, Sick, Personal)
• Holidays
• 401(K) plan
• Health Insurance
• Dental Insurance
• Vision Insurance
• Life Insurance
• Long Term and Short Term Disability Insurance
• Critical Illness Insurance
• Accident Insurance
• FSA and DCA Program