Mortgage Loan Processor 3

Description

Summary:

The Mortgage Loan Processor 3 reviews and verifies the mortgage application and all other documentation included in the application. Assists in scheduling loan closings. Responds to customer inquiries regarding the closing process. Assembles the application and documentation required for closing. Has advanced and specialized expertise, typically developed through a combination of job-related training and considerable work experience. Works autonomously within established procedures and practices. Completes work with a limited degree of supervision. Likely to act as an informal resource for colleagues with less experience. Identifies key issues and patterns from partial/conflicting data. Takes a broad perspective to problems and spots new, less obvious solutions.

Duties & Responsibilities:

Financial Analysis – Knowledge of and ability to read, interpret and draw accurate conclusions from financial and numerical material. Verify and analyze loan documentation including credit reports, appraisal, title, homeowner’s insurance documents – as well as general ways to structure a loan. Limited Underwriting authority to clear conditions

Contact borrowers to collect required documentation and be a liaison between origination, underwriters, relators, and borrowers. Borrowers include first time home buyers, private client group, existing and new bank customers, and customers seeking purchase or refinances

Demonstrate working knowledge of federal and state guidelines, rules and regulations such as RESPA, TILA, HMDA, etc.

Product knowledge for Conventional, Jumbo, FHA, VA, C/P, DPA programs, and Bond loans

Prioritize and monitor daily workflow in order to ensure all loans are being worked on in accordance with expected timelines to meet internal and external service level agreements

Effective communications – Understanding of effective concepts, tools and techniques; ability to effectively transmit, receive and accurately interpret ideas and information. Interact with mortgage professionals to obtain information from the borrowers or to seek clarification about documents in the loan files

Manages an average pipeline of loans, approximately 40, within assigned operations center

Performs other duties as assigned.

Basic Qualifications:

High School Diploma/GED

5 years experience as an advanced mortgage loan processor

Preferred Qualifications:

College degree

Experienced in automated underwriting to include Fannie/Freddie (CONV/FHA/VA/RD)

Self-motivated, a self-reliant person who can succeed in a remote position, working from home

Current working product knowledge of FHA, VA, Conventional and other loan programs such as Jumbo, Portfolio, construction to permanent, down payment assistance and bond programs.

Ability to multi-task with strong attention to detail while meeting deadlines in a fast-paced environment

Strong listening and problem solving skills

A commitment to integrity and customer service

Demonstrate working knowledge of federal and state guidelines, rules and regulations such as TRID and Reg B

Ability to analyze income and tax forms accurately and calculate income for all types of borrowers

Strong knowledge of mortgage procedures, processes, and documentation

Must be able to work independently on processing various loan applications

Must be able to prioritize in order to meet loan closing deadlines

Familiarity Microsoft, mortgage and banking applications/software

#LI-Hybrid

#LI-NA1

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

No

Workplace Type:

Hybrid

Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.

Tobacco-Free Hiring Practice: Visit Huntingtons Career Web Site for more details.

Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position

This employer will not sponsor applicants for the following work visas: F-1 student, H-1B worker, O-1 worker, TN worker, E-3 worker. Applicants must be currently authorized to work in the United States on a full-time basis.