Mortgage Processor II
About the Role
This is a hybrid role with the expectation that work will regularly take place both inside and outside of a company office. The position involves processing mortgage loans, loan applications, and all associated documentation at a higher level of complexity. The role contributes to protecting the bank from fraud, misrepresentation, and mortgage loan default through compliance with federal regulations, department policy, and standard procedures. May provide guidance to less experienced associates in the work group.
Responsibilities
- Mortgage Processing: Verifies the accuracy and completion of all documentation or information necessary for loan closings. Assists in scheduling loan closings and answers questions regarding the mortgage loan process. Places closing conditions on the file and prepares approved loans for the Closing Department. Submits loans recommended for decline to second-level review and issues adverse action notices.
- Loan Operations: Provides ongoing communication to associates and management regarding loan status, conversations with applicants, and outstanding issues. Conveys deficiencies in loan documentation with the necessary parties. Ensures compliance in all operations with applicable guidelines and regulations. May assist management with more complex matters and projects.
- Collateral Appraisal: Secures a property appraisal and completes the initial review against established checklists.
- Business Support: Performs a variety of administrative support tasks during the course of mortgage processing.
- Pipeline Management: Manages a pipeline of active loans by updating and prioritizing activities based on projected loan closing date. Ensures that loans close prior to approval expiration and rate lock expiration.
Requirements
Bachelor's Degree OR High School Diploma or GED and 3 years of experience in Mortgage processing.
Preferred Qualifications
- Mortgage processing experience.
- Experience working with Encompass.
Benefits
Benefits are an integral part of total rewards, and First Citizens Bank is committed to providing a competitive, thoughtfully designed, and quality benefits program to meet the needs of associates. More information can be found at https://jobs.firstcitizens.com/benefits.