What are the responsibilities and job description for the Mortgage Processor position at Valley Bank?
Responsibilities Include But Are Not Limited To
Required Skills
- Prepare and mail required regulatory disclosures. Order appraisal and flood certification, and retrieve and review same.
- Score application via automated underwriting system and carefully review decision results.
- Communicate with applicant, Home Loan Consultant, and/or Home Loan Assistant to request required documentation.
- Verify accuracy of information upon receipt and edit LOS as needed.
- Review entire file, put in proper order and submit to underwriter.
- Manage an assigned pipeline of loans and ensure contingency and closing dates are met.
- Work with Home Loan Consultant to determine viable solutions to make deals work while balancing high credit quality.
- Update general comments with all activity on the loan.
- Request verifications (VOE, VOD, VOM, etc.), when applicable.
- Responsible for providing customers with periodic status updates regarding their loan application.
Required Skills
- Good verbal and written communication skills.
- Basic PC skills.
- Ability to handle multiple assignments simultaneously.
- Demonstrate excellent customer service and pipeline management skills.
- Ability to handle confidential material in a professional, ethical manner.
- Knowledge of FNMA, FHLMC, FHA, and VA underwriting guidelines.
- High School Diploma or GED and a minimum of 6 months related experience in residential mortgage processing.