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Mortgage Loan Processor
$39k-50k (estimate)
Other | Banking 2 Months Ago
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Edmonton State Bank is Hiring a Mortgage Loan Processor Near Glasgow, KY

Responsibilities:

  • Order appraisals, title work, flood certifications, and third-party verifications
  • Prepare and disclose Loan Estimates
  • Index application packages
  • Obtain and provide sufficient documentation in the file that meets investor guidelines, along with any investor-specific overlays for each loan product type
  • Process received documents and ensure the accuracy and completeness
  • Work closely with loan officers and underwriters to satisfy loan approval conditions
  • Communicate clearly and professionally with all clients, internal staff, and other associated external agencies to facilitate all processing issues in a timely manner
  • Attend and participate in all required processing trainings and meetings
  • Other duties as assigned


Preferred Skills/Experience:

  • High school diploma or equivalent
  • 1 year of loan processing experience preferred but not required
  • TRID knowledge preferred but not required
  • Multi-tasking ability
  • Strong attention to detail
  • Excellent verbal and written communication skills
  • Ability to perform efficiently at a fast pace while conforming to policies and procedures
  • Team-player mindset and eagerness to help others
  • Experience with Microsoft Word, Excel and Outlook

Job Summary

JOB TYPE

Other

INDUSTRY

Banking

SALARY

$39k-50k (estimate)

POST DATE

03/22/2024

EXPIRATION DATE

07/18/2024

WEBSITE

edmontonstatebank.com

HEADQUARTERS

BOWLING GREEN, KY

SIZE

50 - 100

FOUNDED

1931

CEO

JOHN WARD

REVENUE

$10M - $50M

INDUSTRY

Banking

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About Edmonton State Bank

Edmonton State Bank is a banking company based out of 909 W MAIN ST, Glasgow, Kentucky, United States.

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The job skills required for Mortgage Loan Processor include Loan Processing, Attention to Detail, Written Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage Loan Processor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Mortgage Loan Processor. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Mortgage Loan Processor positions, which can be used as a reference in future career path planning. As a Mortgage Loan Processor, it can be promoted into senior positions as a Loan Processor II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Processor. You can explore the career advancement for a Mortgage Loan Processor below and select your interested title to get hiring information.

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If you are interested in becoming a Mortgage Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Mortgage Loan Processor for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Mortgage Loan Processor job description and responsibilities

Loan processors must communicate regularly with loan officers and lenders to complete the loan process.

01/24/2022: Jacksonville, FL

Manages an active pipeline of loans (average of 15-20 loans monthly) and maintains timely and compliant flow of such loans through the process.

03/09/2022: Sarasota, FL

The Loan processor also helps to ensure that the loan approval stays within lending guidelines.

02/19/2022: San Bernardino, CA

Loan processors should be able to make right decisions at the right time.

03/30/2022: Springfield, MO

Responsible for providing clerical support for all mortgage loan processing activities.

04/03/2022: Worcester, MA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Mortgage Loan Processor jobs

Communicate with lenders regarding required loan documentation for complete file documentation.

01/24/2022: Rock Island, IL

Must have at least one year of loan processing experience.

03/14/2022: Saginaw, MI

Proficient knowledge of lending processes, loan principles, loan systems.

03/10/2022: San Bernardino, CA

Advanced knowledge of mortgage lending, processing, credit analysis, mortgage laws and regulations.

03/28/2022: Reno, NV

A comprehensive certification training program for new & existing loan processors.

02/20/2022: Rock Island, IL

Step 3: View the best colleges and universities for Mortgage Loan Processor.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
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Canisius College