Senior Mortgage Loan Processor at Andover State Bank

Wichita, Kansas, United States -

Full Time

Start Date

Immediate

Expiry Date

26 Jan, 26

Salary

0.0

Posted On

28 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Mortgage Loan Processing, Underwriting, Fannie Mae Guidelines, FHA Programs, VA Programs, USDA Programs, Analytical Skills, Problem-Solving Skills, Communication Skills, Detail-Oriented, Team Player, Self-Starter, Customer Service, Vendor Management, Regulatory Knowledge, Loan Documentation

Industry

Banking

Description

Description Let’s face it, what sets ASB apart from other banks is our people. At Andover State Bank, we are defined by our impeccable customer service and sense of community because we are the community. As a local bank, we consider employees and customers alike as family and treat each other as such. Going above and beyond is no longer just a saying; it’s a way of life here at Andover State Bank. Andover State Bank is looking for a Senior Mortgage Loan Processor to join our team. Successful candidates will have a strong understanding of mortgage loan operations, underwriting, policies, guidelines and procedures. The duties of a Senior Mortgage Loan Processor include, but are not limited to the following: · Ensure that all loan documentation is accurately complete and verified in a timely manner. The loan must comply with company policies, loan product terms and program guidelines; · Input accurate loan information into the system for processing; · Provide support to Mortgage Loan Originators by ordering and coordinating underwriting requirements and loan documents; · Verify loan documents including income, credit, appraisal and title insurance for submission to Underwriting; · Manage appraisal, title, mortgage insurance and flood insurance vendor relationships to ensure timely receipt of vendor work to meet purchase contract dates and predetermined closing dates; · Communicate with customers to obtain additional documentation for the file, in order to complete underwriting requirements and Fannie Mae guidelines; · Communicate loan status with mortgage borrowers, realtors, builders, bank associates and other participants in the mortgage process; · Prepare Notice of Action Taken/Statement of Denials for files; · Maintain knowledge of rules, policies and procedures for all loan types and investor guidelines; · Maintain knowledge of all regulations, such as TRID, OFAC, Privacy Act, Reg Z, Reg X, ECOA and any new regulations affecting mortgage loan applications; · Follow and maintain knowledge of Fannie Mae guidelines; · Prepare final documents for loan closings; · Ship final documents to investors; · Fund loans and transfer servicing by required deadlines. This position requires the individual to provide detailed information on mortgage loans; therefore, National Mortgage Licensing System (NMLS) registration is required. If the individual is not currently registered, they will need to pass the applicable background screening to be registered. Requirements Education, Knowledge and Skills High School Graduate or GED Minimum of 4 years processing experience Knowledge of Fannie Mae, FHA, VA and USDA programs, preferred Ability to analyze personal and business tax returns, as required Ability to analyze appraisals and title commitments, as required Ability to work in a fast-paced and detail-oriented work environment Strong analytical and problem-solving skills Strong oral and written communication skills Team Player: Works well with co-workers Detail-Oriented: Capable of carrying out a given task with all details necessary to get the task completed Dedicated: Devoted to a task or purpose with loyalty or integrity Self-Starter: Inspired to perform without outside help Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization Preferred qualifications: 7 or more years of processing experience Experience with Encompass mortgage software Experience with the administrative role within Encompass

Responsibilities

The Senior Mortgage Loan Processor ensures that all loan documentation is accurately completed and verified in a timely manner, complying with company policies and guidelines. They also manage vendor relationships and communicate with various stakeholders throughout the mortgage process.