Consumer and Home Loan Closer/Processor

JOB SUMMARY

The Loan Processor/Closer Oversees the  loan application process and communicating with clients, regardless of their loan status. The successful candidate will approve credit analysis and validating and verifying all loan application information and for coordination of the  loan closing process. This person will present loans to the Loan Review Committee for review and make recommendations based on credit information.   

MAJOR TASKS AND RESPONSIBILITIES

This list is intended only to illustrate the various types of work that may be performed.  The omission of specific statements does not exclude them from the position if the work is similar, related or logical assignment to the position.

EDUCATION - EXPERIENCE AND TRAINING FOR POSITION

Required:

• Graduation from an accredited four-year college or university with a degree in accounting, finance, or business.
• Five (5) years of progressively responsible loan or banking related experience, that includes supervision.
• Ten (10) years’ experience in real estate, mortgage and consumer lending industry with a thorough understanding of the regulations applicable to consumer and mortgage lending may be submitted for education requirement.

SPECIFIC SKILLS/KNOWLEDGE/ABILITIES REQUIRED FOR POSITION

Skills:

• Mortgage processing, banking, consumer lending, real estate agent, closing agent or finance and detail oriented.
• Must have experience and proficiency in Microsoft Word, Excel, and Access.
• Effective written and verbal communication skills.

Ability:

• Ability to learn new company and program specific lending software programs, as well as working proficiency utilizing MS Office programs and e-mail.
• Ability to multi-task and organize large workloads.

Knowledge:

• Researching client problems, conflict resolutions and finding solutions.
• Private mortgage lending practices, programs and institutions, including inspections, appraisals, required and acceptable documentation, underwriting standards, types of lenders and types of loans available and informal negotiations and options that might assist marginal borrowers or resolve payment problems.
• Knowledge of Fannie Mae, Freddi Mac and similar lending regulations.
• Detail oriented with aptitude for math.
• Knowledge of real estate industry.

PHYSICAL REQUIREMENTS

While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is occasionally required to walk and climb stairs; use hands to operate, finger, handle, or feel objects, tools, or controls; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.  The noise level in the work environment is usually moderately quiet.

Licenses or Certifications Required

Salary : $90,034 - $150,458