Loan Processor-FNMA/FMAC and Escrow Moorefield WV

JOB TITLE: Loan Processor- FNMA/FMAC and Escrow

Entity (SFG, SIS, SCB): SCB-8110

Job Classification: Full Time, Non-Exempt

Department: Loan Processing

Reports to: Loan Processing Manager

Education requirements:

• Associates Degree preferred; High School diploma required.

Experience or Skill requirements:

• 3 years loan documentation or processing experience preferred.
• Mortgage lending experience preferred. Experience with Fannie Mae and/or Freddie Mac a plus.
• Excellent computer skills with advanced knowledge of Microsoft Office (Word, Excel, Outlook).
• Excellent written and verbal communication skills.
• Highly detailed and organized.
• Willing to work independently.
• High level of professionalism.

Duties (subject to change based on department needs):

Primary Responsibility:

• Prepare reconcilement of Fannie Mae and Freddie Mac escrow and loan disbursement checking accounts.

• Prepare all necessary reporting to Fannie Mae and Freddie Mac.

• Handle all escrow insurance and taxes for in-house portfolio loans.

Other Loan Processor duties:

• Process mail daily (payments and payoffs).
• Process all types of loans and renewals within 48 hours of them being scanned.
• Review all type of loans and renewals within 7 days of processing for accuracy.
• Release collateral on paid off loans, including proper mailing to customer or other institution.
• Release Titles
• Email Loan Officer/Loan Officer Assistant to release a Deed of Trust on a paid off loan.
• Enter tracking when a loan is processed.
• Process activations/history cards.
• Process File Maintenances and Holds.
• Process and review Auto Debits and Interest Extensions.
• Prepare, scan and release certain items both through Capture and PDF files.
• File notes and loan folders.
• Handle questions and requests on loan matters both by phone and e-mail.
• Other duties as assigned.

Relationships:

The Loan Processor-FNMA/FMAC and Escrow will work with the Loan Processors, Loan Officers, Loan Officer Assistants, and Post Closers.

Summit provides equal employment opportunities in all aspects of employment. All employment decisions are made without regard to race, color, religion, age, sex (including pregnancy, sexual orientation, or gender identity), national origin, disability status, genetics, protected veteran status, or any other characteristic protected by federal, state, or local laws.

Salary Information: Hourly rate varies, based on experience.