What are the responsibilities and job description for the Residential Mortgage Loan Processor position at The Harvard State Bank?
Job description
The Residential Mortgage Loan Processor position provides administrative support, exceptional customer service, and loan processing/maintenance for the loan department and Mortgage loan officers
Duties (not inclusive)
·· The main function of the Residential Mortgage Loan Closer is to complete all necessary data input into the loan documentation software in accordance with regulatory compliance requirements
· Responsible for ensuring that all loan documentation is complete, accurate, verified and complies with company policies as well as federal and state regulation
· Loan closers are responsible for the accuracy of their documents which includes proper spelling, referencing appropriate collateral and attention to detail regarding supporting file documentation
· Prepare new loan documentation requests and meet crucial deadlines using the current documentation software primarily for closing disclosure and back up for initial and re-disclosures. Involves gathering information, requesting additional documentation and performing research depending on the complexity – the processing checklists are to be used as a tracking sheet and guide for processing the file
· Verify loan file documentation including by not limited to the following: clear title work, proper insurance is in the file and property taxes have been paid for all pieces of collateral
· Responsible for post-closing items of loans, including by not limited to: inputting loan onto core system, funding, preparing file and documents for barcoding and scanning. Verify information using file organization checklists.
Job Type: Full-time
Pay: $21.00 - $25.00 per hour
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible schedule
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Referral program
- Tuition reimbursement
- Vision insurance
Work Location: In person
Salary : $21 - $25