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Midwest BankCentre · 12 hours ago

Senior Loan Processor

St. Louis, MO, USA

Full-time

Onsite

Senior Level

5+ years exp

Midwest BankCentre is proud to be recognized as one of St. Louis’ Top Workplaces since 2021. The Senior Loan Processor will prepare mortgage application documentation, analyze credit and collateral documents, and ensure compliance throughout the application process.

BankingCommunitiesFinancial ServicesInsurance

Growth Opportunities

Responsibilities

Prepare accurate mortgage application documentation for loans to meet Fannie/Freddie/FHLB/GNMA, FHA, VA, USDA, MI and in-house underwriting guidelines

Analyze and monitor receipt of credit and collateral documents

Provide Processing support for loan officers

Maintain compliance to all regulations throughout the application process

Confirm accuracy of application data through analysis and verifications

Provide training and support within all areas of mortgage operations

Ability to conduct a junior underwriting analysis of a loan for appropriate pre-approval

Prepare proper application and documentation to perfect Bank’s interest and mitigate risk

Obtain processing documents to ensure timely issuance of loan commitments and closings (e.g., appraisal, title, income verification, asset verification; etc.)

Skilled ability to determine necessary documents for mortgage file, including collateral and regulatory documents through trained/learned experience with AUS and underwriting requirements

Determine the validity and completeness of mortgage application and processing documents

Satisfactory review of all documents to meet all federal, state, secondary market and in-house underwriting and compliance guidelines

Scan and index documents in an accurate and organized fashion for submission to underwriting and proper submission to investors and/or auditors

Clear all conditions from underwriting and release approved mortgage to closing

Prepare mortgage file and submit to closing in timely manner to remain compliant with guidelines

Communication with the mortgage loan officers and customers as it relates to customers, applications, loan commitments, closings, lock expiration dates and documentation

Ability to effectively manage the entire pipeline to ensure timely completion of the mortgage process

Main point of contact to ensure a seamless experience through the mortgage process