1st Source Bank ยท 2 months ago
Assistant I, Mortgage Loan Origination, South Bend, IN
1st Source Bank is a financial institution seeking an Assistant I for their Mortgage Loan Origination team. The role involves assisting Mortgage Loan Originators with processing applications, verifying documentation, and providing client support throughout the loan closing process.
BankingFinanceFinancial Services
Responsibilities
Processes mortgage loan applications and verifies the accuracy and completeness of all loan documentation necessary for loan closings (including title work, insurance, employment, and income documentation)
Processes specialty loans; such as FHA, VA, and USDA. Verifies mortgage loan software input is accurate and complete
Serves as the primary contact and liaison between the clients, loan originators, processors, closers, real estate agents and title company during course of the transaction. Follows-up with these parties on missing items
Follows-up and responds to clients and in-house inquiries on transactions as needed to provide superior client service
Assists clients on how to use e-sign and e-consent when needed
Screens and makes calls and provides administrative support as needed
Maintains dashboard and discusses status of loans with loan originators and manager as needed
Make recommendations for procedural changes to increase efficiency and minimize waste
Regular and predictable attendance is an essential requirement of the position
Completes assigned compliance training related to the position
Understands all applicable laws and regulations that apply to the position and complies with the requirements
Performs all other duties as assigned
Qualification
Required
Processes mortgage loan applications and verifies the accuracy and completeness of all loan documentation necessary for loan closings (including title work, insurance, employment, and income documentation)
Processes specialty loans; such as FHA, VA, and USDA. Verifies mortgage loan software input is accurate and complete
Serves as the primary contact and liaison between the clients, loan originators, processors, closers, real estate agents and title company during course of the transaction. Follows-up with these parties on missing items
Follows-up and responds to clients and in-house inquiries on transactions as needed to provide superior client service
Assists clients on how to use e-sign and e-consent when needed
Screens and makes calls and provides administrative support as needed
Maintains dashboard and discusses status of loans with loan originators and manager as needed
Make recommendations for procedural changes to increase efficiency and minimize waste
Regular and predictable attendance is an essential requirement of the position
Completes assigned compliance training related to the position
Understands all applicable laws and regulations that apply to the position and complies with the requirements
Strong written and verbal communication skills required
Self-directed and ability to prioritize time sensitive tasks and operate efficiently in a fast-paced environment
Excellent records and file management skills
Ability to handle multiple tasks and frequent interruptions
Demonstrated patience and professionalism when interacting with both internal and external clients
Good PC skills--proficiency in Word and Excel essential, understanding of database software and web-based applications
The Federal Government requires that employees with responsibility for residential mortgage lending and/or consumer real estate loans be registered with the Nationwide Mortgage Licensing System and Registry (NMLSR). For consideration of this position, you will be required to obtain a unique identifier, register with NMLSR, and be fingerprinted for a criminal background report
Individuals hired for this position must: A) have not been convicted of, or pleaded guilty or nolo contendere to, a felony in a domestic or military court during the preceding seven-year period or, in the case of a felony involving an act of fraud, dishonesty, a breach of trust, or money laundering, at any time; B) has demonstrated financial responsibility, character, and general fitness such as to warrant a determination that the individual loan originator will operate honestly, fairly, and efficiently
Preferred
Minimum of three (3) years of mortgage support, mortgage loan officer assistant, mortgage processing or related field experience preferred
Bilingual Spanish/English is a plus in both written and verbal communication
High School Diploma/GED preferred
Company
1st Source Bank
1st Source has offered clients a convenient and friendly way to bank for over 150 years.
Funding
Current Stage
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