Position Summary:

Works closely with loan officers, customers, and underwriters to process mortgage loans, with a heavy focus in the construction loan process.

Job Responsibilities:

Review project data and loan application for accuracy and completeness

Monitor and order documents such as credit reports, verifications, appraisals, final inspections, title work, mortgage insurance, loan reports, and flood determinations

Serve as liaison between underwriter, loan officer, Title company, borrowing, and closer

Maintain an open line of communication with loan officers

Review assembled credit package for submission to underwriter

Review conditions, approve or make corrections

Provide support to other areas of the department as needed

Act as Loan Officer for Builder Construction Loans

Collect and review all necessary documentation for Builder Construction Loans

Generate disclosures to include any additional disclosures

Prepare and review closing documents, ensuring accuracy, compliance with regulatory requirements, and alignment with loan terms

Coordinate closing schedules with borrowers, lenders, title companies, and attorneys

Ensure all documents meet state and federal regulations and company policy

Calculate final closing costs and manage accurate, timely disbursement of funds

Enter accurate loan data into the Loan Origination System (LOS)

Resolve any discrepancies or issues within loan documents

Book closed loan on bank system to include electronic document storage

Complete draw requests/disbursements to Builders while communicating with borrower for necessary draw approvals

Assist customers and/or branch personnel as needed with questions pertaining to loan information

Consistently support the Bank and its core values

Follow all policies and procedures

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American Bank jobs

Mortgage Processor