Title: Mortgage Loan Administrator Date: 01/31/2024

Department: Mortgage Reports to: Mortgage Loan Servicing Manager

Essential Duties:

• Reviews loan documents and initiates funding for loan closing
• Performs booking of all new loans and creates new loan files
• Monitors escrow accounts and initiates timely follow-up with agents and/or tax collectors
• Makes insurance premiums and real estate tax payments from escrow accounts
• Performs annual escrow analysis and mails statement and surplus refund checks
• Monitors delinquent loans and prepares appropriate notices including demand letter
• Monitors and records withdrawn and declined loans
• Process paid off loans by preparing all necessary documents for recordation of Satisfaction of Deed and overpayment refund checks if any
• Mails mortgage payment due notices and process payments
• Scans loan documents including HUD, Note, Deed of Trust, Satisfaction of Deed, Title Policy, etc.
• Reviews and pays state required recording fees and vendor fees
• Prepares mortgage loan pipeline and board meeting reports
• Performs other mortgage servicing activities to include, but not be limited to, account research, payment adjustments and various loan maintenance needs
• Performs all duties in compliance with BSA/AML regulations and requirements
• Obtains adequate data for CIP on all wire and money instrument transactions
• Monitors and reports suspicious activity to the BSA Officer

Education/Additional Training or Certifications:

• Associates degree with Accounting Major or equivalent work experience

Knowledge/Experience:

• Software skills including Microsoft Office, Adobe, Internet, and Email

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to stand; walk and reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and color vision.

AAP/EEO Statement:

Metro City Bank is an Equal Employment Opportunity/Affirmative Action Employer with regard to Females, Minorities, Veterans and Disabled Persons

Other DutiesPlease note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.