[Hiring] Senior Mortgage Loan Processor @PROSPERITY BANK

Role Description

Compile and audit all loan information to submit to underwriting / collect conditions and coordinate the file to closing. Be a sounding board of knowledge for MLOs and other processors.

Essential Functions and Basic Duties

• Verify and audit all loan documents and information provided by the customer and loan officer.
• Process the loan to submit to underwriting which includes review of appraisal and all supporting documents to the loan file.
• Collect and audit Conditions received.
• Prepare files to submit to closing which includes auditing the title work, survey, Flood, CIP, Fraud Guard, and HOI.
• Work closely with the title company & loan officer to get documents and CD prepared in a timely manner.
• Review CD and communicate changes needed to close with the LO and Closer.
• Follow up with closing to make sure all items necessary to fund the loan have been received.
• Ensure that all compliance regulations have been met.
• Order all documents needed for loan files such as appraisal, title, insurance, flood, CIP, Fraud Guard, and verifies.
• Ability to do more complex loan programs such as Seth, VA, TSACH loans.
• Help mentor new loan processors as they are hired to get acclimated.
• All other duties as assigned.

Qualifications

• High school graduate or equivalent.
• Understanding of mortgage loan processing functions including FHA, VA, and Conventional Mortgage Lending. Encompass software preferable.
• Knowledge of mortgage related requirements, procedures, and underwriting criteria.
• 5 or more years’ experience in mortgage loan processing.
• Good verbal and public relations skills.
• Strong typing abilities.
• Good basic math skills.
• Able to use related computer applications.
• Well organized.

Requirements

• Finger Dexterity: Using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together.
• Talking: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.
• Average Hearing: Able to hear average or normal conversations and receive ordinary information.
• Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers.
• Average Visual Abilities: Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery.
• Physical Strength: Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally.

Working Conditions

• No hazardous or significantly unpleasant conditions (such as in a typical office).

Mental Activities and Requirements of This Position

• Reasoning Ability: Ability to apply common sense understanding to carry out detailed but uninvolved instructions and to deal with problems involving a few variables.
• Mathematics Ability: Ability to perform basic math skills, use decimals to compute ratios and percents, and to draw and interpret graphs.
• Language Ability: Ability to use passive vocabulary of 5,000-6,000 words; read at a slow rate; and define unfamiliar words in dictionaries for meaning, spelling, and pronunciation.
• Ability to write complex sentences, using proper punctuation, and using adjectives and adverbs.
• Ability to communicate in complex sentences, using normal word order with present and past tenses and good vocabulary.

Monday - Friday: 8:00AM - 5:00PM