The Mortgage Loan Processor is a crucial role in the home loan process by acting as the intermediary between the borrower, loan advisor, underwriter, and any other related parties. This person will be responsible for receiving all originated loans, performing compliance checks and ordering all appropriate actions so that loans can proceed to underwriting to create quick turn-around of loan files.
This position will work for the Mortgage division of F&M Bank Corp.
Essential Duties:

• Collects and reviews documents for accuracy such as income statements, tax returns, asset information, credit reports, employment verifications.
• Prepares loan files by organizing and compiling all loan documents for the underwriter to review. Ensures documents are up-to-date and accurate.
• Verifies employment, income, assets, and other financial information
• Cross-checks borrower data to minimize the risk of fraud or inaccuracies.
• Acts as the primary point of contact for the borrower, loan officer, underwriter, and other relevant parties. Provides status updates and help address any questions or concerns.
• Manages important deadlines and ensures the loan application progresses smoothly to meet contract closing dates. Promptly follow ups on any outstanding documents or information.
• Ensures all processes and documents meet regulatory and company guidelines.
• Maintains up-to-date knowledge of mortgage laws and lending requirements.
• Maintains regular, reliable attendance.

Requirements
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required.
Knowledge, Skills, and Abilities

• Strong organizational skills with ability to function in a flexible work environment.
• Strong verbal and written communication skills.
• Excellent attention to detail skills.
• Excellent time management skills with ability to meet deadlines while being flexible and responding to changing priorities.
• Ability to work independently or as a team member.
• Ability to read, analyze, and interpret general borrower data for proper file documentation.
• Proficient PC skills including Microsoft Word, Excel, Outlook, and loan origination software.
• Ability to calculate figures and amounts such as discounts, interest, and percentages.
• Ability to analyze personal and complex financial and income information.

Education and/or Experience (Required and Preferred)

• High School Diploma or GED with a minimum of two years' experience in loan processing.
• Bilingual in Spanish (preferred)

Physical and Mental Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• The employee regularly sits and uses hands to finger, handle, or feel objects, tools, or controls.
• The employee frequently is required to talk or hear.
• The employee is occasionally required to stand, walk, reach with hands and arms, stoop, kneel, or crouch.
• The employee must regularly lift and/or move up to 10 pounds and may occasionally lift up to 50 pounds.
• Specific vision abilities required include close vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

Work Environment:

• This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines.
• The noise level in the work environment is usually moderate.

Position Type/Hours:

• This is a full-time, non-exempt level position working 8:30 a.m. - 5 p.m., Monday - Friday with other days and hours as necessary to accomplish duties.