Mortgage Processor 1

Job Description

Job Description

SCHEDULE : Full-time; Monday through Friday (8 : 00 am – 5 : 00 pm). Average of 40 hours / week with overtime during the busy times.

LOCATION : 1009 2nd Street, Coralville, Iowa 52241

BENEFITS : Our employees are our most valuable assets, so we invest in them with a comprehensive and competitive benefits package. Our philosophy of taking care of the customer extends to taking care of our employees so that they, in turn, can take good care of themselves and their families. Join Hills Bank and let us surprise you with even more perks!

SCOPE :

A Mortgage Processor 1 is responsible for obtaining, reviewing, and submitting the appropriate documentation for a mortgage customer's loan request. The position requires a basic to moderate understanding of procedures and policy for secondary market and Hills Bank loan programs.

A successful processor must be organized, highly detail oriented, and possess excellent time management skills in order to meet critical deadlines in a fast-paced work environment. Mortgage Processors work closely and directly communicate with lenders, borrowers, realtors, attorneys, third party vendors, and operational staff. The ability to effectively communicate with others and provide a high level of customer service is required. As part of the overall bank team, the Mortgage Processor 1 may also be requested to help with department projects as necessary.

ACCOUNTABILITIES :

Process loan transactions : (80%)

• Develops the ability to work independently and is able to prioritize workload, follow up regularly by phone / email, to meet all contingency and closing deadlines.
• Prepares and submits a complete loan file to underwriting for loan approval :

Acquires knowledge of Fannie Mae, investor, or in-house guidelines.

Requests all payoffs, including but not limited to mortgages, credit cards, and auto loans.

Ongoing Education / Other Duties : (10%)

Quality Control : (10%)

EDUCATION AND SPECIAL REQUIREMENTS :

EQUAL OPPORTUNITY EMPLOYER

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