midweek newsletter. Meets customer service standards as outlined by management, May facilitate training of junior or newly hired processors regarding specific operations including file flow, loan origination software, and other applications, Updates loan officer, loan officer assistant, realtors, builders and customers on loan status, Maintains communication with customers throughout the loan process, assisting them with any questions and notifying them of any additional requirements, Abilty to organize and prioritize work in a fast paced environment, Excellent Microsoft office and typing skills, Ability to multi-task and work with several computer/software applications, Communicate effectively with lenders underwriting team to ensure timely closings, Gather and review applications, tax returns, rent rolls, third party reports including appraisals, environmental reports and physical site inspection reports; and various lender required documents, Prepare application packages for submission to lenders, Coordinate loan requirements with third party vendors, attorneys, and escrow companies, Maintain detailed checklists to deal files for internal audits during loan process, Provide instructions & requests to title/escrow, third party vendors, borrowers & broker agents. as needed to accurately complete loan files within prescribed timeframes, Review retail loan files, post-closing, to ensure compliance with Bank and Regulatory policies and procedures, Monitor the receipt of loan files, loan documents and security instruments, including car titles and mortgage or deed of trust documents, Process loan applications through the front end processing system as directed, High school education or GED Certification, Two years of loan processing experience in a financial environment, 3 - 5 years mortgage processing experience, Knowledge of Conventional, FHA and VA guidelines, Knowledge of State/Federal regulations to maintain loan file compliance, Strong ability to multitask in a fast-paced working environment, Reviews and understands credit approval and approval conditions to determine documentation requirements, Reviews supporting documentation to determine entitys ability to enter into loan agreement and pledge collateral, required authorized signers and if the property is located in a flood plain. Reviews loans for compliance within RESPA, TIL, HMDA, Reg. This duty is performed daily, Communicate with Underwriter once file is submitted for approval process. Having a pleasant personality and good socialization skills is a plus for a junior loan processor. Cross-sell ancillary products and services of the bank. Familiar with verifying tax, credit, employment, loan, personal and residential histories. Prepares proper disclosures as required by regulations. ), Ability to think critically, including the ability to evaluate facts and data to draw conclusion, determine downstream impact of decisions and associated risks, Passionate about delivering excellence in customer service, Ability to use interpersonal skills to build strong relationships with Loan Officers, Production, Underwriting, Closing, and other internal and external partners, Open daily mail, enter contracts in the Contract Log and print processing sheets, Follow up on missing deal packets paperwork with dealers, Assist processors to expedite the booking process, Complete all necessary job and bank-wide training, Enter auto approvals and faxed credit applications within system for underwriter review, Complete the customer verification process for new loans, Review all indirect processing procedures, Indirect loan processing experience is a plus, Ability to solve problems in a timely manner, Responsible for processing loans from set-up to closing by verifying, compiling and entering borrower information in to loan processing systems, Reviews loan application files to verify that all data is complete and meets standards, including the loan type and purpose, borrower assets, liabilities, and employment, Verify and analyze loan documentation including income, credit, appraisal, and title, while maintaining strict compliance with all applicable federal and state regulations, Interact with Mortgage Professionals to obtain information from the borrower or to seek clarification about documents in the loan file, Informs the Processing Manager of discrepancies in the file and obtains direction on how to proceed, as applicable, Record data to track the status of loans in processing, Submit loan application files to underwriting for approval, and creates and mails approval or denial letters to applicants, Submit approved mortgage loan files to closing for settlement, Responsible for handling non-public information (NPI) about borrowers, Adhere to all applicable internal NPI policies and procedures, and protect the confidentiality of borrower information, Performs administrative duties such as faxing, photocopying, filing and phone support, as required, by Loan Processor II and Processing Managers, Minimum of 1 year experience in a customer service position. The average mortgage loan processor resume is 453 words long The average mortgage loan processor resume is 1.0 pages long based on 450 words per page. Objective : Junior Processor is responsible for processing incoming product data, including all kinds of data from manufacturing, sales, marketing and customer support. The role also includes reviewing internal customer support requests and providing quick responses to customer needs. Skills : Customer Service, Communication, Accounting, Data Entry, Detail Oriented, Dependable, Filing, Faxing, Quick Learner, Organized, Problem Solving, Research. Ability to cultivate and expand long term relationships with clients and other employees. Finance. 07/2010 - 03/2016. Excel at troubleshooting. Identifies and advises of non-qualifying applications and counsels on other viable alternatives to provide home ownership, Ensure compliance in all areas of desktop underwriting, PMI and secondary market guidelines, Verifies credit report, income and assets, and orders preliminary title report, appraisal, fee/escrow instructions and all verifications necessary to complete the loan file in an accurate and timely manner, Determines allowable income to be used for loan calculations, including personal and business tax return analysis, Reviews and validates appraisal to agency guidelines and USPAP/FIRREA guidelines, Proactively monitors the file and process flow and proactively to ensure the timely completion of the file, Escalates issues as they arise to team lead or supervisor, Complies with bond agency guidelines and submits to investors for compliance approval, Complies with rules/regulations pertaining to both private insured mortgages, FNMA/FHLMC, FHA, VA and RD type loans, 2 - 3 or more years of loan processing experience, 2 or more years of customer service experience, Thorough knowledge of loan documents, insurance requirements, real estate terminology, underwriting and departmental procedures, PC Proficiencies with Windows based software in Word ,Outlook and Excel, Reading and reviewing financial documents in order to make sound financial decisions, Minimum 1-year lending origination experience, Daily use and management of Chase Pipeline Prioritization System (PPS), Demonstrated ability to analyze financial statements, tax returns, and other means to verify personal income, Solid analytical and problem solving skills preferred, College Degree or equivalent transaction processing experience in a fast paced financial environment, Computer proficient - accurate and fast keying skills as well as experience in a PC-based workflow system, Understanding of Defined Contributions Plan structure, rules and regulations a plus, System knowledge including Omni, CFE, STARS and PRIDE a plus, Strong interpersonal skills and ability to partner with other areas, Demonstrates a positive attitude & a strong team player, Process payments and advances to AFS loan system, Three or more years of banking experience, including working knowledge of commercial loans, Three or more years working with commercial loans, Knowledge of banking regulations and policies, Must exhibit understanding of banking policies and procedures, Must be proficient in Word and Excel programs, Must communicate well on the telephone as well as in person, Must demonstrate sound judgment and communication skills, both oral and written, Must be able to work collaboratively with other departments and individuals to reach mutual goals, Perform standard office duties (supplies due diligence/ordering, mailings, file preparation and organization, other administrative duties as needed), Interact with originators and underwriters, Perform loan database functions for receipt of borrower and other funds and request payments for invoices, retainers, etc, Assist in obtaining bids from third-party report providers, Assist in receipt of due diligence materials from borrower team for delivery to third party report providers, Set up due diligence checklists and forms, Assist in delivery of due diligence materials from borrower to underwriting team, including working with a processor to coordinate the collection of property and borrower information, Assist underwriting team in locating market and demographic data for property analysis, Order tax certificates, flood certification(s), OFAC searches, Coordinate underwriter site inspections with on-site staff and/or borrower, Assist underwriting team in maintaining data integrity in loan database, Upload required documentation into loan database, Assist in the assembly, copying and distribution of loan submissions to internal loan committee, FHA, Provide Lender Counsel with requested documentation, Updates automated underwriting system when relevant changes to loan occur, and prints final decision, Prints appropriate documents and packages file in required order, Adheres to compliance procedures and internal/operational risk controls in accordance with any and all applicable regulatory standards, requirements, and policies, Process all types of consumer and small business loan requests, including large dollar transactions, Gather and analyze required documentation to ensure documentation policies are followed. Excellent interpersonal and communication skills. Ability to respond to credit disputes using the e-oscar system, Title processing: Proficient in title processing and member follow up using the VINtek Title System, Post payments for settlements and bankruptcies, Code bankruptcies and send out dismissal letters, Knowledge of credit application verification process and related documents, Communicate any and all loan changes to Sales, Coordinate closing through the borrower, Title Company and Sales, and request closing through the appropriate department, Communicates actively w/ any third parties, Processes all loan files pursuant to the NPF pre-closing checklist, Prepares loan for Processing Manager sign-off review, Prepares loan file for final clear to close with Underwriting, Communicates any and all loan changes to Sales, Communicates with Sales team in a timely manner, Works in conjunction w/ Sales to ensure every loan in their pipeline is moving through the process, Coordinates all closing requests from Sales to the appropriate departments, Participates in a structured, hands-on training and development program with advancement opportunities, When applicable order third party documents and other pertinent documents, Complete and send 10 Day Letter with appropriate loan documentation and disclosures that meet compliance and regulatory requirements, Responsible for managing assigned pipeline of loan transactions, Reviews and prepares dealer statements and reserve checks, Reconciles / balances daily work station activity, Provides elite customer service to internal and external customers, Applies standards to preserve quality, and timeliness of customer service, Provides elite customer service to the Helpline, Processes maintenance and advance transactions on the loan system, Modifies procedures to ensure processes stay compliant and follow regulations, Meet credit history and criminal background requirements associated with Nationwide Mortgage Licensing System and Registry registration process, to include FBI fingerprint criminal history and review of credit report.Minimum of three years mortgage operations experience, Computer literate with experience using Microsoft Office, Google Mail and other software and applications, Capable of effectively communicating information in a professional manner to customers and internal partners, Able to maintain confidentiality and exercise discretion in the evaluation of information and actions taken, Detail oriented and results-focused, able to organize and prioritize actions to achieve objectives, Able to work successfully within a collaborative environment to meet deadlines and departmental goals, Knowledge of Conventional, FHA, VA, Construction Perm guidelines and compliance guidelines, Ensures the proper and timely completion of loan applications, collecting supporting documentation, pulling credit, documenting assets and liabilities and preparing a comprehensive loan package in preparation for underwriting, Provides best in class service to both the prospective borrower(s) and the sales team partners by delivering consistent and timely feedback throughout the lending process, anticipating borrower needs and vigilantly maintaining service level agreements, Assists borrower in understanding the loan product selected, obtains an interest rate lock from the sales channel and ensures accurate pricing, Ensures the POS and LOS systems are populated with the required application data and that loan/processing statuses are accurately maintained, Coordinates the ordering of appraisal, title, tax, flood and all other documentation, verification or certification required to appropriately decision the loan, Dispositions loans according to the underwriting decision, preparing approved loans for submission to closing or coordinating adverse action notices to applicants, Maintains strict adherence to all compliance and regulatory requirements as well as department policies and procedures, Review loan file to verify procedures per guidelines, Clear prior to close conditions (with signature), Partner with underwriting on difficult/exception issues, Review the Closing Disclosure with the customer prior to the scheduled closing, NOTE** The information listed within this description summary is intended to indicate the general nature and level of work. 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junior loan processor resume