Bell Bank Mortgage · 16 hours ago
Mortgage Loan Processor
Creve Coeur, MO
Full-time
Onsite
Mid Level
3+ years expBell Bank Mortgage is a division of one of the nation's largest independently owned banks, focusing on providing exceptional mortgage services. The Mortgage Loan Processor will be responsible for processing mortgage loans, ensuring compliance with guidelines, and serving as a point of contact for borrowers and agents throughout the loan process.
Financial Services
Responsibilities
Review all new loan applications within 72 hours of receipt of file to ensure compliance with all investor agency/federal compliance guidelines
Update loan files, the mortgage computer system, and the tracking system as information is received; prepare final loan package for closing and final approval
Determine information needed from customers to successfully process the loan, obtain credit reports, order appraisals, title binders, surveys and tax transcripts; mail verification of deposit, verification of employment, and verification of mortgage forms, and update loan files and tracking systems when forms are returned
Review and analyze credit documents for accuracy and compliance with investor/ agency guides. Identify potential problems and discusses them with loan officer and/or supervisor
Serve as the contact for borrowers, sellers, and agents involved in loan file, notifying and working with them to resolve any problems that may arise
Submit the loan file directly to the underwriting department without prior review from supervisor. If necessary prepare cover letter highlighting compensating factors. Follow up on all outstanding underwriting conditions and resubmit as needed
Provide calculation of borrower’s income according to investor/agency guides, including but not limited to borrowers with multiple sources of income
Follow and monitor the schedule of closing with title companies
Prepare loan file for closing, hazard insurance binder, H06 for condominiums and PUDs, complete TRID checklist
Final HUD review
Update loan officers with current file status weekly
Assist post-closing with any investor pend issues
Remain informed of all aspects of investor/agency/compliance policies that affect the processing of mortgage loans
Remain knowledgeable of all loan programs offered
Respond in a timely manner to quality control inquiries/exceptions on all audit reviews
Know by name and face as many customers and employees as possible, calling them by name as often as possible
Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards
Know, understand, and live the company values and bottom line
Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal laws and regulations
All employees are responsible for information security, including compliance with policies and standards which protect sensitive information
Prompt and reliable attendance
Perform other duties as assigned
Qualification
Required
Three to five years of mortgage loan processing experience required
Full understanding of FHA/VA, FNMA, FHLMC, FDIC Compliance, ATR/QM, mortgage audit underwriting, appraisal and investor guidelines
Proficient computer and accurate typing skills
Ability to function efficiently and effectively under deadlines and stress while maintaining a professional and mature profile
Ability to manage time, prioritize and multi-task
Ability to work extremely well with internal and external customers using excellent written and oral communication skills
Detail oriented with the ability to put puzzle pieces together
Ability to work well with people with diversified personalities
Ability to work as a team member
Self-motivated to research and problem solve
Benefits
Healthcare
(medical, dental, vision)
Employee stock ownership program
401(k) contribution and profit-sharing plan
Company
Bell Bank Mortgage
For more than 135 years, Bell Bank Mortgage has been helping people make the American dream of home ownership come true.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Gary Kirt
CEO - Retired
Benjamin Kleppe
Mortgage Loan Processing Partner
Company data provided by crunchbase