Senior Mortgage Loan Processor (Full Time) - Richardson at PROSPERITY BANK

Richardson, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

25 Sep, 26

Salary

0.0

Posted On

27 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Mortgage Loan Processing, Underwriting Coordination, Compliance Regulation, Encompass Software, FHA Loans, VA Loans, Conventional Mortgage Lending, TSACH Loans, Loan Auditing, Closing Coordination, Document Verification, Mentoring

Industry

Banking

Description

External Applicants: Please apply through Prosperity Bank's Career Center at https://www.prosperitybankusa.com/Careers [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.prosperitybankusa.com%2FCareers&data=05%7C02%7Csavina.rodriguezmoreno%40prosperitybankusa.com%7C4351c6288a4f46ccbc9e08dcd40d9146%7C00eda10cf32f45b88e91257da01a8f7c%7C0%7C0%7C638618401959042524%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=lCPTgOEYEVnrpk5nNGZONxoI2erp7ikQoPkbbLU2VGE%3D&reserved=0]. Applying through any other source may prevent Prosperity from receiving your application. Internal Applicants: If you are a current associate of Prosperity Bank, please apply through the internal Talent - Career Center in ADP. Prosperity Bank is an Equal Opportunity Employer. ***Physical location in Richardson, Tx and/or remote from home in TX or OK only.*** POSITION PURPOSE Compile and audit all loan information to submit to underwriting / collect conditions and coordinate the file to closing. Be a sounding board of knowledge for MLOs and other processors. ESSENTIAL FUNCTIONS AND BASIC DUTIES 1. Verify and audit all loan documents and information provided by the customer and loan officer. 2. Process the loan to submit to underwriting which includes review of appraisal and all supporting documents to the loan file. 3. Collect and audit Conditions received. 4. Prepare files to submit to closing which includes auditing the title work, survey, Flood, CIP, Fraud Guard, and HOI. 5. Work closely with the title company & loan officer to get documents and CD prepared in a timely manner. 6. Review CD and communicate changes needed to close with the LO and Closer 7. Follow up with closing to make sure all items necessary to fund the loan have been received. 8. Ensure that all compliance regulations have been met. 9. Orders all documents needed for loan files such as appraisal, title, insurance, flood, CIP, Fraud Guard, and verifies. 10. Ability to do more complex loan programs such as Seth, VA, TSACH loans. 11. Help mentor new loan processors as they are hired to get acclimated. 12. All other duties as assigned. SUPERVISORY RESPONSIBILITIES This role has no supervisory responsibilities. QUALIFICATIONS Education/Certification: High school graduate or equivalent. Required Knowledge: Understanding of mortgage loan processing functions including FHA, VA, and Conventional Mortgage Lending. Encompass software preferable Knowledge of mortgage related requirements, procedures, and underwriting criteria. Experience Required: 5 or more years’ experience in mortgage loan processing. Skills/Abilities: Good verbal and public relations skills. Strong typing abilities. Good basic math skills. Able to use related computer applications. Well organized. PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION Finger Dexterity: Using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together. Talking: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly. Average Hearing: Able to hear average or normal conversations and receive ordinary information. Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers. Average Visual Abilities: Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery. Physical Strength: Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally. (Almost all office jobs.) WORKING CONDITIONS None: No hazardous or significantly unpleasant conditions (such as in a typical office). _____________________________________________________________________________________________ MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION Reasoning Ability: Ability to apply common sense understanding to carry out detailed but uninvolved instructions and to deal with problems involving a few variables. Mathematics Ability: Ability to perform basic math skills, use decimals to compute ratios and percents, and to draw and interpret graphs. Language Ability: Ability to use passive vocabulary of 5,000-6,000 words; read at a slow rate; and define unfamiliar words in dictionaries for meaning, spelling, and pronunciation. Ability to write complex sentences, using proper punctuation, and using adjectives and adverbs. Ability to communicate in complex sentences, using normal word order with present and past tenses and good vocabulary. Monday - Friday: 8:00AM - 5:00PM

Responsibilities

Compile and audit all loan information for submission to underwriting and coordinate files through to closing. Act as a knowledge resource for loan officers and mentor new loan processors.