Loan Origination Processor

Job Description

Job Description

Join QNB Bank as a Full-Time Loan Origination Processor, where you will play a vital role in facilitating customer satisfaction and building long-lasting relationships. Located in Quakertown, PA, this onsite position provides you with a dynamic environment that encourages collaboration and problem-solving. You will have the opportunity to work closely with clients, ensuring their financial needs are met with excellence and integrity. In this role, you will be part of a customer-focused team that thrives on delivering exceptional service.

Your contributions will directly impact the bank's reputation and customer loyalty. You will be provided great benefits such as Medical, Dental, Vision, 401(k), Life Insurance, Health Savings Account, Flexible Spending Account, Competitive Salary, and Paid Time Off. If you are looking for an energetic and forward-thinking workplace that values your skills and dedication, this is the perfect opportunity for you.

Make a difference as a Loan Origination Processor

As a new Loan Origination Processor at QNB Bank, you can expect to engage in a variety of tasks that are essential for processing loan applications efficiently. Your day-to-day responsibilities will include reviewing and validating loan documentation, coordinating with loan officers, and ensuring compliance with regulatory requirements. You will communicate with customers to gather necessary information, address questions, and maintain a customer-centric approach throughout the loan process. Your expected schedule will be Monday through Friday, from 8 : 30 a.m. to 5 : 00 p.m., providing you with a structured work-life balance. As you acclimate to the role, you’ll receive support and training from experienced team members, empowering you to become an integral part of our dedicated and professional team. This position will allow you to develop your skills in a supportive environment focused on excellence and integrity.

GENERAL DUTIES AND RESPONSIBILITIES :

• Ensure timely and independent processing of consumer and mortgage files (in compliance with all applicable laws, regulations and Bank policies and procedures) from origination to post closing.
• Accurate and timely adherence to the requirements of HMDA, TRID, Reg B and all other retail loan regulations.
• Perform initial file review to check for completeness and process loans through vendor Automated Underwriting Systems and Internal Underwriting systems and review findings with the Loan Officer and Underwriter, clear conditions and note stipulations on the commitment letter or loan approval document.
• Input loan data according to the loan officer's instructions and assist the loan officer with the calculation of Debt to Income and Loan to Value ratios.
• Track and gather necessary documents and clear any outstanding loan conditions in conjunction with the underwriter and loan officers.
• Order appraisals, title work, and flood certifications. Send any necessary borrower notifications where applicable, including copies of appraisals.
• Complete compliance, loan quality, and fraud detection checks on each borrower.
• Accurately and timely maintenance of receipt of loan fees, as well as performing G / L reconcilement of those fees. Send invoices from vendors with GL's to Finance for payment. Reconcile GL and submit to supervisor and Finance.
• Update loan files and input updated information in the loan origination system.
• Prepare the loan file in correct order for boarding in the loan origination system.
• Produce scheduled management reports, including value of pipeline.
• Coordinate closings with title companies and customers.
• Be accountable for a positive borrower experience.
• Maintain open and frequent communication with others in the department to ensure a smooth customer experience.
• Assume other job-related duties as requested.
• Complete assigned compliance training in a timely manner and demonstrates ability to apply training to duties and responsibilities.
• Monitor rate pricing through Freddie Mac and send to Manager. Make applicable changes to rates, indexes, and LOS.
• Responsible for positive communication with customer and all other departments of QNB by using Q2 skills.

Are you the Loan Origination Processor we're looking for?

To thrive as a Loan Origination Processor at QNB Bank, certain skills are essential for success. Strong attention to detail will be crucial, as accuracy is vital in reviewing loan applications and ensuring compliance with regulatory standards. Excellent communication skills will enable you to interact effectively with customers and team members, fostering a collaborative environment focused on customer-centricity. Additionally, problem-solving abilities will allow you to navigate challenges that may arise during the loan processing workflow, ensuring a smooth experience for clients. Adaptability is key, as the banking industry is constantly evolving, and staying current on regulations and best practices will enhance your effectiveness in the role.

Finally, a commitment to professionalism and integrity will help you build trust with customers and contribute to a positive workplace culture at QNB Bank.

REQUIRED TRAINING, QUALIFICATIONS, AND EDUCATION :

Your next step

If you think this position is a fit for what you are looking for, applying is a snap - just follow the instructions on this page. Good luck!