What are the responsibilities and job description for the Mortgage Processor position at Gateway First Bank?
Mortgage Processor JOB SUMMARY:
The Processor is responsible for verifying and completing financial information in mortgage applications to ensure compliance with state and federal regulatory guidelines
Mortgage Processor ESSENTIAL FUNCTIONS (RESPONSIBILITIES):
* Compiles and reviews financial information and documents for mortgage applications and confirms compliance with underwriting guidelines.
* Reviews financial information and documents for accuracy and completeness and calculates income and reviews assets and liabilities to ensure compliance with guidelines.
* Provides mortgage application information requirements to the necessary parties.
* Maintains a pipeline of loan files in various stages of processing as designated by management and ensures customer service standards are met.
* Maintains and updates loan application information within the LOS system.
* Prepares and Issues forms required for regulatory compliance.
* Exercises awareness with regard to possible suspicious activity, money laundering or fraudulent behavior and reports any such incidents to the BSA department. Performs all job functions in compliance with all company policies and federal, state, and local laws and regulations as applicable to the position, including, but not limited to BSA/AML, OFAC and GLBA/privacy rules.
* Performs related responsibilities as required or assigned.
Qualifications:
Mortgage Processor REQUIRED QUALIFICATIONS:
Knowledge/Skills/Abilities
* Advanced knowledge of Processing policies, procedures, and practices.
* Advanced knowledge of mortgage lending policies, procedures, and practices.
* Proficient in computer applications, including: LOS (Byte), Desktop Underwriter, GUS, and MS Office.
* Excellent communication skills.
* Exceptional time management skills.
* Ability to make good decisions in a fast-paced environment.
* Ability to problem solve conflicts.
* Ability to work under strict time deadlines.
* Ability to interact effectively with realtors, builders, sellers, and title companies.
* Exemplifies the Gateway Values: Stay Growth Oriented, Make a Difference, "Get it Done" Attitude, Be a Team Player, Do the Right Thing.
* Advanced knowledge of Processing policies, procedures, and practices.
* Advanced knowledge of mortgage lending policies, procedures, and practices.
* Proficient in computer applications, including: LOS (Byte), Desktop Underwriter, GUS, and MS Office.
* Excellent communication skills.
* Exceptional time management skills.
* Ability to make good decisions in a fast-paced environment.
* Ability to problem solve conflicts.
* Ability to work under strict time deadlines.
* Ability to interact effectively with realtors, builders, sellers, and title companies.
* Exemplifies the Gateway Values: Stay Growth Oriented, Make a Difference, "Get it Done" Attitude, Be a Team Player, Do the Right Thing.
Equivalent Education/Experience
* High school diploma or equivalent required.
* 5 years of mortgage loan processing experience.
* High school diploma or equivalent required.
* 5 years of mortgage loan processing experience.
Mortgage Processor SPECIAL JOB DIMENSIONS:
Work requires some travel for training purposes and willingness to work overtime as required.
NOTE: The essential job functions and associated qualifications contained in this document describe the general nature and level of the work performed. They are not intended to represent an exhaustive listing or be inclusive of all aspects of the job. The tasks and procedures involved in the performance of the essential job functions may vary from day-to-day. Major changes in areas of responsibility may occur, as directed by management, and will require revision of this job description