Sr. Residential Lending Loan Coordinator

Residential Lending Processing And Closing Position

Under the direction of the Residential Lending Processing and Closing Manager, this position is responsible for delivering loans on the secondary market and managing third-party originations. This position will proactively support residential lending activities and goals, ensure the quality of loan opening and post-closing, service standards agreements, and ensures all residential lending mortgage policies and procedures are adhered to and compliant with state and federal lending laws. Essential functions include :

• Delivering closed loan files to secondary market investors, clearing any exceptions / stipulations to assure timely purchase.
• Paying guarantee fee / UFMIP / funding fee and obtaining loan note guarantee / mortgage insurance certificate / loan guarantee certificate on government loans.
• Fulfilling quality control requests from investors, mortgage insurance companies, auditors; responding to any findings.
• Acting as a liaison for third-party originators (TPO) and administering support for TPO Connect; overseeing all facets of incoming TPO loans including systems maintenance, note certification and review of closed loans for purchase, preparing and issuing credit memos and purchase advices.
• Generating various daily, weekly, and monthly reports.
• Processing loan modification agreements.
• Preparing updated aggregate escrow disclosures for loan operations.
• Processing administration for HELOC and other applicable consumer products.
• Monitoring the mortgage pipeline to ensure key dates are met and loans are opened and post-closed in a timely manner which meets service standards and quality expectations.
• Providing second-level escalation support for residential lending loan coordinators to promptly and proactively respond to questions, concerns, and issues as they may arise.
• Processing mail and eFaxes, ordering office supplies for residential lending operations department.
• Developing new and updating current procedures to improve efficiency and ensure quality within the residential lending loan coordinator function.
• Collaborating and working effectively with other members of the management team, members of the residential lending operations team, and other ENB employees.
• Maintaining professional level knowledge of legal requirements and state and federal regulations that impact mortgage operations and functional responsibilities.

Required education and experience :

Competencies :

ENB operational and functional competencies.

Supervisory requirements :

This position has no direct supervisory responsibilities.

Work environment :

This job operates in a professional work environment. This role routinely uses standard office equipment such as computers, monitors, mouse, keyboard, phones, printers, scanners, photocopiers, filing cabinets, calculator, and fax machines.

Physical demands :

Ephrata National Bank promotes an equal opportunity workplace, which includes reasonable accommodations of otherwise qualified disabled applicants and employees. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. Specific vision required by the job includes close vision, distance vision, and ability to focus. While this position is primarily sedentary, the employee is frequently required to stand, walk, use hands to finger, handle or feel objects or controls, reach with hands and arms, bend, balance, stoop, kneel, and crouch. The employee must be able to lift and / or move up to 25 pounds including standard computer and copy paper boxes, and must be able to open and close filing cabinets and drawers.

Position type and expected hours of work :

This is a full-time position. Days and hours of work are Monday through Friday, 8 : 00 a.m. to 5 p.m. Flexibility of schedule to meet business needs is required.

Travel :

No travel is required for this position.

EEO statement :