What are the responsibilities and job description for the Loan Processor position at Palmetto State Bank?
Palmetto State Bank is searching for a loan processor to assist in our real estate department. Our ideal candidate keeps up with mortgage loan trends and developments. You will be a good fit if you are detail oriented, can swiftly identify customer needs, meet loan processing goals and work in a fast paced environment. This is not a remote position.
Responsibilities:
* Process and close loans from initial set-up through funding
* Obtain loan income, asset and credit approvals
* Ensure all conditions and requirements of underwriting and investors have been met
* Maintain a pipeline of loans with an emphasis on customer service, quality, accuracy and efficiency
* Learn and maintain knowledge of different loan programs
* Maintain status and information within processing software system
* Keep current with investor and internal guideline changes
* Maintain continued, effective communication with borrowers, escrow/title, sales agents and Loan Officers
* Ensure loan is prepared for closing by having all title work and HOI in file and reviewed
* Clear, concise communication with closing attorney, paralegal, insurance agents and realtors
* Ensure accuracy of HMDA documentation
* Proficiency in handling confidential information and documents
* Perform post closing checks
Qualifications:
* Excellent customer service skills
* Excellent written and verbal communication and follow-up skills
* Extremely comfortable speaking on the phone with clients and external parties
* Team oriented, flexible and accountable
* Strong attention to detail
* Excellent time management skills
* Strong sense of urgency and ability to work under pressure to meet tight deadlines
* Problem solver
* Loan processing experience a plus