Mortgage Loan Processor

Midwest Heritage Bank

Job Title: Mortgage Loan Processor

Department: Banking

FLSA: Non-Exempt

General Function

Performs processing of real estate mortgage loans within full guidelines of secondary market and regulatory compliance.

Core Competencies

• Mortgage Loan Processing

• Loan Closing

• Organization

• Attention to Detail

Reporting Relations

Accountable and Reports to: AVP, Loan Operations Manager

Positions that Report to you: None

Primary Duties and Responsibilities:

• Obtains complete credit package, appraisal and title documentation.

• Assists loan officers with rate locks for secondary market real estate loans.

• Prepares underwriting packages to send to secondary market investors.

• Coordinates mortgage loan closings with branches and closer.

• Ensures that all closing conditions and requirements have been met.

• Ensures accurate printing of preliminary real estate loan documents.

• Provides processing support to loan officers.

• Performs other job-related duties and special projects as required.

Knowledge, Skills, Abilities, and Worker Characteristics:

• Excellent internal and external customer service skills required.

• Ability to work in a fast-paced environment essential.

• Attention to detail required.

• Must be able to prioritize workload.

• Ability to work independently with stringent guidelines.

• Computer friendly skills required.

Education and Experience:

• College degree preferred.

• Minimum 2 years in mortgage experience.

Physical Requirements:

• This position is classified sedentary/light and requires the ability to sit for long periods of time.

• Visual requirements include: ability to see detail at near range with or without correction.

• Must be able to perform the following physical activities: sitting for long periods, talking (in person and by telephone), hearing and repetitive motions.

Working Conditions:

• The duties of this position are normally performed in a general office setting. This is a fast paced work environment.

• There is frequent pressure to meet deadlines and handle multiple projects in a day. 

• Minimal Travel.

Equipment Used to Perform Job:

Computer (PC with Microsoft Office programs), telephone, calculator, telephone, copier, fax, and printer.

Contacts:

This position works with Midwest Heritage employees, customers, Hy-Vee employees, vendors and outside agents doing direct business with Midwest Heritage

Confidentiality:

This position has the responsibility to protect the privacy and confidentiality of customers, employees and bank/insurance/financial information at all times.

In the performance of their respective tasks and duties all employees are expected to:

• Follow all state and federal regulatory requirements and complete assigned training courses within the required timeframes.

• Perform quality work within deadlines.

• Interact professionally with other employees, customers and suppliers.

• Work effectively as a team contributor on all assignments.

• Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.