Mortgage Loan Officer jobs in Sioux City, IA

Description

The mortgage loan processor performs a variety of functions to ensure that new mortgage loan applications are processed and completed according to established policies and procedures. Serves as a liaison with loan officers, underwriters, and additional processors in a professional and efficient manner.

Requirements

ESSENTIAL DUTIES AND RESPONSIBILITIES: Essential duties and responsibilities are intended to describe those functions that are essential to the performance of this position.

· Obtains the necessary information and documentation to process and complete loan files for a variety of consumer home loans.

· Update the loan origination system with verified information.

· Issue preliminary loan disclosures and any redisclosed items based on loan product type.

· Verify documentation for accuracy and completeness and follow-up on files to ensure quality and service.

· Follow up with third-party vendors (appraisals, title, insurance) to ensure delivery of respective item.

· Process and manage closing conditions and prepare loan closing document packages.

· Must be able to process multiple files within the pipeline, all at different stages of the approval and closing process.

· Complete the post- closing work, including the disbursement of loan funds, investor funding, and vendor bills. 

· Conduct business and make decisions consistent with the bank’s policies, quality guidelines, and compliance requirements.

· Promote teamwork within the department and bank, understanding the ultimate goal of customer satisfaction. 

EDUCATION AND/OR EXPERIENCE:

· Associate degree or equivalent; or six months to one-year related experience and/or training; or an equivalent combination of education and experience.