Commercial Loan Administrator
Dovenmuehle
Mortgage Loan Officer Assistant
Banner Bank
full-time
Posted on:
Origin: • 🇺🇸 United States • California, Idaho, Oregon, Washington
Visit company websiteSalary
💰 $20 - $27 per hour
Job Level
Mid-LevelSenior
About the role
- Support the functions of a high producing Loan Officer by performing clerical duties, including verifying, compiling, and completing mortgage loan application information
- Facilitate and maintain communication between Loan Officer, client, real estate agents, branch staff, insurance agents, closing agents, and outside vendors to ensure timely processing of the loan file.
- Responsible for managing pipeline schedules and deadline times on all loans. Run pipeline and closed loan summary reports.
- Assist in mailings and other marketing projects.
- Responsible for following up on missing or needed items from borrowers. Enter loan applicant data using processing software. Maintain and update client data base information.
- Responsible for pulling credit reports per Loan Officer requests.
- Maintain comprehensive knowledge of loan programs, procedures, lending guidelines and technological resources.
- Perform various administrative duties as assigned.
- Responsible for complying with policies, procedures, security requirements, and government regulations.
Requirements
- 4+ years of experience in residential mortgage loan processing and/or underwriting (Conventional and Government, purchase and refinance) required
- Proven history of success in consistent closing and funding of loans to meet sales goals.
- Knowledge of mortgage loan origination processes and procedures, regulations, and underwriting. Working knowledge of FNMA, FHLMC and governmental guidelines.
- Possess effective presentation, verbal and written communication, and customer service skills. Ability to handle multiple priorities in a high production, fast paced, and deadline driven environment.
- Ability to analyze complex loan structuring to maximize Loan Officer productivity and loan closing volume. Ability to analyze borrowers credit and read income documents. Possess basic math and analytical skills.
- Proficient in MS office products, including Word, Excel, and Outlook, as well as automated underwriting systems.
- Knowledge of federal and state laws and regulations relating to real estate lending. Current knowledge of industry specific guidelines and procedures including in depth understanding of loan processing.
