First International Bank and Trust Consumer Mortgage Loan Processor in Minot, North Dakota
Consumer Mortgage Loan Processor
Department: Mortgage Support
Location: Minot, ND
PT/FT/Temporary : Full Time
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Come work as a Consumer Mortgage Loan Processor at a growing community bank. First International Bank & Trust is a growing, relationship-driven bank that provides complete financial solutions to our customers.
Our Mission: Helping Dreams Come True, One Customer at a Time.
Position Summary: Under the direction of Senior Lending Staff, provides assistance to the Lending Department by performing the following duties.
Essential Duties and Responsibilities include the following.
Answers telephone and directs customers to bank officers and staff.
Responds to customer inquiries including payment questions, payoffs and loan values.
Analyze credit reports and verify and analyze asset and income information
Order appraisal and title work for files in process.
Reviews file and Loan Presentation for accuracy
Works with title companies on preparing accurate Closing Disclosures.
Prepares final closing docs for loan closings.
Once closing package is received back from title company, reviews for accuracy.
Sets up and codes new loans on our internal system.
Provides loan support to mortgage originators assisting with loan file comments and withdrawn/denied files in compliance with company loan file policy and procedures.
Provides assistance to the Mortgage Loan Department on projects and assignments as needed.
Calls or writes credit bureau and employer to verify accuracy of information.
Provides support to loan officers in closing a loan by entering information into computer database and by generating and assisting customer in completing all required documentation and disclosures.
Prepares, scans and maintains loan files.
Maintains and collects current information on technical exceptions, such as insurance, titles, financial statements, etc.
Calls specified companies to obtain property abstract, survey and appraisal.
Ensures all title issues are met and that loan is properly recorded.
Reviews and analyzes title report or survey to determine issues and any present or potential risk.
Notifies customer of approval or prepares and mails adverse action forms to applicants.
Retrieves and reviews loan reports for completeness and accuracy; corrects non-post or errors.
Processes extension agreements and originates loan correspondence.
Updates tickler system to note funding activities, interest rate settings and billings.
Examines loan terms and ensures loan is funded within established time frames.
Processes loan payments and maintains records of loans.
Explains, promotes, cross-sells or refers bank, insurance and trust products or services.
Reviews emails and branch messages to remain current on policy or procedural changes and new product offerings.
Attends periodic training to receive information about various bank services and participates in an exchange of ideas and problems.
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience: Associate's degree (A. A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience. Related experience should include working with mortgage loans.