Mortgage Loan Assistant

  • Job Reference: 425082494-2
  • Date Posted: 17 November 2021
  • Recruiter: First Financial Bankshares
  • Location: San Angelo, Texas
  • Salary: On Application
  • Sector: Banking & Financial Services
  • Job Type: Permanent

Job Description

SCOPE/CONTACTS: Perform all duties in a professional, accurate and efficient manner; cross‑train and back up other positions in the department. Assistant loan originators with disclosing, qualifying customers, helping other regions with questions, preparing monthly reports and any other duties needed in the loan process. Investor and Bank lending policies and procedures guide this position. Most work isn't subject to immediate verification. Errors are serious and may result in considerable loss to the Bank. Incumbent has extensive contact on a daily basis with Bank customers, bank personnel as well as outside contact with Realtors, builders, title companies, appraisers, underwriters, and other related entities to insure a competitive product that meets the customer's needs.

MINIMUM QUALIFICATIONS: High school graduate or equivalent and 36 months clerical/mortgage experience; college degree and knowledge of mortgage loan processing, lending procedures, FNMA, FHLMC, FHA, VA regulations and guidelines, as well as those of other loan programs offered, including legalities pertaining to such loans are preferred. Must be extremely proficient in data entry (i.e. type at least 50 WPM, 10 key by touch) and Microsoft Word. Effective communication, customer service skills, professional demeanor, accuracy, reliability, initiative, and ability to handle multiple tasks simultaneously are essential.

ESSENTIAL FUNCTIONS: Will learn and also perform the following duties, which could include, but are not limited to: assisting with audits, maintaining manuals, and staying current all regulations and guidelines associated with the mortgage department. Assist the real estate / mortgage loan officer in all aspects of the origination process. Process loan applications. Review verified information for conformity with program guidelines. Submit loans to underwriting in accordance to investor requirements. Assist in clearing approval conditions. Assist in shipping files to investors for purchase after closing. Actively participate in the Customer Service First program and support the values of the organization and follow established policies and procedures.