Mortgage Loan Processor at YAMPA VALLEY BANK

Craig, Colorado, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Feb, 26

Salary

21.0

Posted On

06 Nov, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Customer Service, Mortgage Processing, Documentation, Data Entry, Communication, Attention to Detail, Problem Solving, Regulatory Compliance, File Management, Team Collaboration, Time Management, MS Word, Excel, Outlook, Calyx Point

Industry

Banking

Description

Description Do you enjoy serving clients and interacting in our community? Do you have the ability to multi-task in a fast-paced environment and provide exceptional customer service? Are you looking for an opportunity to work in a rewarding team environment? Yampa Valley Bank is currently seeking a full-time Mortgage Loan Processor for our Craig, CO branch. Summary of Duties: The Mortgage Loan Processor will be responsible for gathering all necessary information needed for the processing and closing of mortgage loans in a timely, accurate and professional manner according to bank policies, regulatory compliance guidelines and legal requirements. This will include processing applications for review by the Loan Originator, obtaining documents necessary for the credit decision, receiving and logging the file request, reviewing applications and supporting documentation to determine completeness of the file, and completing data entry and system information as required. In conjunction with the Loan Originator, the Loan Processor will initiate communication with customers, bank employees, and other involved parties to obtain necessary documentation and will provide loan status updates to customers, resolve discrepancies or problems, and ensure the highest level of customer service. The incumbent will maintain accurate and current statuses and proactively follow up on all loans in the pipeline and monitor turnaround time goals on all assigned tasks. $21.00 per hour, depending on experience. Eligible for Annual Discretionary Bonus. Benefits include: Medical, Dental, Vision, Disability, Life, Paid Time Off, 401(k) with Match. Requirements Responsibilities: Act as a liaison between Loan Originator, Borrowers, Underwriter, and Lender. Receive loan application and assist applicants when completing the loan application, as needed. Collect required documentation from applicants, process documents, and verify the accuracy and completeness of each document. Initiate contact with applicants to request additional documentation. Coordinate with realtors, insurance agencies, appraisal companies, etc. to facilitate timely loan closing. Order and review appraisal. Order credit report and assess the credit standings of applicants through report review and/or background research. Maintain applicant files for timeline management, processing, and assessment. Ensure applicants' privacy and security of data and files. Coordinate with Loan Originator to provide applicants with timely and periodic status updates of their loan application. Prepare disclosures, commitment letters and denial letters when necessary. Accountable for catching any clerical or system errors made in the loan package or in calculating the payoff. Review and approve the CD and ensure that it meets the underwriting guidelines. Assure that all applicant files are complete and in compliance with regulatory agencies and internal policies. Be available to resolve any issues that might arise between Lender and Closing Agents while the borrowers are at closing. Responsible for completing a pre-funding audit on each file prior to disbursement. Compile loan documents in stack order. Establish, maintain, and update files, databases, records, and/or other documents for internal reports. Work within and adhere to established regulations, timelines and law requirements at all times. Make recommendations to Loan Originator for procedural changes to increase efficiency. Perform administrative duties such as filing, balancing GL’s, coordinating and implementing department marketing strategy, reconciling monthly credit card statements, maintaining and updating templates and lender specific documentation, inputting data into mortgage lending software, etc. Answer telephone calls within two rings, transferring or servicing the customer if possible. When answering the telephone, speak with a smile identifying the bank and yourself. Greet and acknowledge all customers in the Lobby/ Mortgage area. Direct traffic and announce customers to the appropriate bank employee. Complete compliance coursework selected for this position by the Compliance Department on time twice per year. BSA Responsibilities: Compliance with the Bank Secrecy Act, OFAC and the USA PATRIOT Act, including the Bank’s Customer Identification Program, customer due diligence, identifying high risk accounts and detecting and reporting suspicious activities to the BSA Officer. Perform other duties as assigned. Qualifications: At least one year of mortgage processing or similar experience is required. High School Diploma or equivalent required; Bachelor’s degree preferred. Working knowledge of FHA, FNMA, FHLMC, HELOC, TRID, compliance, comprehension of legal documents, and appropriate government lending regulation guidelines for mortgage loans is strongly preferred. Basic knowledge of accounting principles such as debiting and crediting. Excellent oral and written communications skills. Exceptional customer service skills. Excellent records and file management skills. Excellent attention to detail. Ability to quickly address and resolve problems and meet sudden deadlines. Ability to make decisions and recommendations (within incumbent’s level of authority) on difficult and important issues affecting individual loan transactions. Ability to handle multiple tasks, frequent interruptions, and stressful situations with calmness and courtesy. Experience using MS Word, Excel and Outlook. Knowledge of Calyx Point mortgage lending software is preferred. We are an Equal Opportunity Employer and qualified applicants or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state or local laws. YVB does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US. **Please check your junk/spam mail for emails from our Recruitment team**

Responsibilities

The Mortgage Loan Processor is responsible for gathering necessary information for processing and closing mortgage loans in a timely and professional manner. This includes coordinating with various parties to ensure documentation is complete and providing updates to customers.