Mortgage Loan Processor II at Bank of Utah — Utah, USA | Base Career

Full Job Posting

1-3 years experience in Mortgage Loan Processing
Good knowledge of FHA, VA, Conventional, Utah Housing and non-conforming loan programs
Good knowledge of all IRS forms and schedules and can determine acceptable cash flow with little assistance
Good knowledge of title commitments and can resolve associated problems therewith with little assistance
Good verbal and written communication skills
Detail oriented
Able to submit files to underwriting with few conditions

Experience with mortgage loan software programs
Good interpersonal and customer service skills
Time-management and organization skills
Ability to work with strict deadlines
Ability to explain technical concepts in simple terms
Ability to work in fast-paced environment
Willingness to learn new concepts to grow and advance
Performs initial file setup. If the file is not in LOS System, input the application information into the system.
Prepares and sends initial application and disclosure package after L.O.’s approval. Very little assistance (VLA) needed.
Analyzes initial paperwork to determine what items are needed to proceed with borrowers loan request. Procures missing items from the appropriate parties.
Indexes all borrowers documents into the correct document types in the LOS System.
Determines with Loan Officer/Originator (L.O.) when to request Automated Underwriting System (AUS) and requests AUS when applicable. Examines AUS feed back to ensure data coincides with documentation in file.
Reviews, analyzes, monitors, and maintains loan files for regulatory compliance from beginning to end of loan process. (VLA) Prepares the proper forms and inputs correct information in the computer on all incomplete, withdrawn, denied, and approved but not accepted files. (VLA)

Mortgage Loan Processor II