Mortgage Loan Processor

Description
SUMMARY: Works directly with Mortgage Loan Originator (MLO) to process mortgage loans insuring the loan complies with Farmers National Banks lending policy, secondary investor guidelines, and Federal and State Lending Regulations.
ESSENTIAL DUTIES and RESPONSIBILITIES:
Processing is defined by individually reviewing loan documents and ensuring the file meets the minimum requirements for a loan decision.
Ensuring compliance with Reg B, fair lending and any other mortgage lending regulations including Farmers Banks internal requirements and product profiles..
Coordinates and communicates with MLO to collect required documentation from clients.
Order Tax Transcripts, Verification of Income, and Undisclosed Debt Monitoring and Fraud Alert
Complete first Appraisal Review and initial Appraisal Checklist items. Then sends to underwriting for final review.
Reviews conditions submitted by the Mortgage Loan Originator and organizes documents in the loan file before sending to underwriting for review.
Manage pipeline to meet contract or rate expiration dates
Accountable for adhering to proper key controls developed within departmental processes or has notified the Processing and Closing Manager in writing of any exceptions.
Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money laundering procedures. Maintain compliance with all appropriate laws and regulations
Accept other responsibilities and projects as requested by management to add value for Farmers National Bank.
Regular, predictable attendance is an essential requirement of this position
Complete all other duties as assigned
EDUCATION and/or EXPERIENCE:
High School Diploma (or GED) required
Bachelors degree in a Business related field or minimum of one (1) year of mortgage processing experience preferred
Minimum competencies required: Attention to Detail, Customer Service, Communication Skills (Interpersonal, Verbal, Written, Presentations), Organization, Teamwork, Problem Solving, and Consultative Sales
Knowledge of mortgage lending functions
Ability to effectively use computer software and systems
Knowledge of banking mortgage regulations required including disclosure requirements
Qualifications
Education
High School (required)
Skills
Underwriting (preferred)
Mortgage Lending (preferred)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractors legal duty to furnish information. 41 CFR 60-1.35(c)
Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran