Loan Processor

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Job description

1st National Bank is growing their Mortgage Lending Department and seeking experienced Mortgage Loan Processors to support the Mortgage Loan Officers and the developing business.

Responsibilities:

– Gather information from start to closing and input information in the system (Encompass, Navigator, etc.)
– Responsible for ensuring that all loan documentation is complete, accurate, and complies with Company policies
– Collect and verify documentation such as income, assets, credit, insurance (HOI and HOA), appraisal, title, and other information as necessary
– Prepare application for submittal to underwriting
– Provide all initial and closing disclosures to clients according to regulatory timelines
– Ensure loan processing compliance with banking regulations

Requirements:

– A minimum of 1 year of mortgage loan processing
– High school diploma
– Must pass a background and credit check
– Experience with Encompass software (Preferred)

Salary:

– $42,000 – $47,000 annually

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