Residential Loan Processor II
On-siteSaco, Maine, United States
Job Summary
Manage the residential loan origination pipeline by efficiently navigating loan origination software, inputting data, and verifying accuracy of documentation. Facilitate loan processes by conferring with loan officers, title attorneys, and customers to resolve mortgage issues, while ordering and reviewing title packages, appraisals, and verifications. Assemble loan document packages including commitment letters and disclosures, ensuring regulatory compliance with HMDA, RESPA, and other applicable regulations. Analyze income sources for file completeness and request missing documentation to maintain quick turnaround times and timely closings. Maintain ongoing communication with clients to satisfy approval conditions and attend staff meetings.
Required Qualifications
- High school graduate or equivalent
- Minimum two years of experience in loan processing or similar background
- Elevated knowledge of loan compliance, regulatory issues, and documentation
- Solid understanding of the loan application and loan closing process
- Proven ability to deliver quality work during times of increased volumes
- Ability to interpret title packages and recognize title defects/inaccuracies
- Strong written and verbal communication, organizational, interpersonal skills particularly in working with documentation that requires special or confidential handling
- Commitment to ongoing learning
- Excellent customer service skills
- Ability to adapt to changes in priorities quickly
- Able to work harmoniously, professionally, cordially and effectively with others, focusing on the attainment of bank goals and objectives through a commitment to teamwork
- Proficiency with Microsoft Office products; comfortable learning new software as required
- Strong attention to detail with good organizational skills
- Ability to, with or without accommodations, read/see documents and computer screens, communicate in person via telephone or Zoom/Teams calls, and use a computer and other office equipment
- Is dependable and conforms to punctuality and attendance standards
Desired Qualifications
- 3 – 5 years preferred
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