Mortgage Processing Specialist
About The Position
Old National is currently looking to fill the position of Mortgage Processing Specialist. The Mortgage Processing Specialist is the main point of contact for Borrowers, Builders, Realtors and Title Companies during the application process. The Processing Specialist coordinates the effective and timely processing of mortgage loan files from application through loan closing while ensuring compliance with departmental guidelines, investor and regulatory standards and requirements. Processing Specialists are responsible for analyzing and verifying mortgage loan applications and gathering supporting documentation to prepare the loan file for underwriting and closing.
Requirements
- High school diploma or equivalent
- 3+ years of previous mortgage processing experience or similar role
- Excellent interpersonal and communication skills
- Must be able to work independently and within a team environment.
- Experience with Mortgage Loan Origination Systems (Encompass preferred)
- Attention to Detail
- Review and analyze loan documentation for accuracy and completion. Determine if documentation meets underwriting criteria for investor and portfolio lending.
- Validate Loan Origination System accurately reflects information contained in loan documentation
- Exceptional Organizational, Time Management and Problem-Solving Skills
- Must be organized and able to manage multiple tasks simultaneously while maintaining a high level of attention to detail and a high level of accuracy
- Must possess strong problem-solving skills
- Communication
- Generate trust and confidence of internal and external customers regarding pipeline management, mortgage lending knowledge and accountability
- Collaborate with others to accomplish business goals and objectives
- Maintain professional report with Builders, Realtors and Title Companies
- Possess good verbal and written communication skills
- Knowledge
- Current knowledge of policies, procedures, laws, regulations, and compliance at the state and federal level, as well as mortgage investor guidelines as they pertain to Processing
- Working knowledge of all software utilized to process mortgage loans
- Working knowledge of Title Insurance requirements
- Willingness to learn and adapt to new concepts
Responsibilities
- Provide Exceptional Customer Service
- Act as a liaison between Borrower, Sales, Underwriting and Closing
- Respond promptly and professionally to all internal and external customers
- Pipeline Management
- Manage pipeline to track and monitor loans to ensure loan commitments and closing dates are met
- Adherence to Guidelines, Policies and Procedures
- Ensure loans are processed in compliance with ONB policies and procedures, investor guidelines and applicable mortgage lending laws and regulations
- Promote Old National Bank Culture
- Put the client (both internal and external) at the center of all decisions while upholding bank integrity and values.
Benefits
- medical, dental, and vision insurance
- 401K
- continuing education opportunities
- employee assistance program
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
