AmarilloRecruiter Since 2001
the smart solution for Amarillo jobs

Mortgage Processor

Company: RemX Specialty Staffing
Location: Amarillo
Posted on: June 12, 2021

Job Description:

Essential Duties and Responsibilities include the following:

  • Orders credit reports and appraisals, sends out verification forms, and conducts regular follow-up with outside sources of outstanding documents;
  • Updates realtors and loan officers on file status;
  • Maintains an open line of communication with the applicant throughout the processing period, assisting them with any questions and notifying them of any additional required information;
  • Monitors incoming mail and documents for information verifying the data collected by loan officers, logs into file and computer system, and tracks development of information to ensure compliance with underwriting guidelines;
  • Processes requests for extensions to the applicants' commitment in accordance with company policy;
  • Completes a final evaluation and analysis of the completed application package and prepare the file for approval, specifying any applicable conditions to the approval;
  • Reviews the commitment and any additional required disclosures;
  • Assembles and print submission documents;
  • Assembles submission file and prepare file for closing department review;
  • Notifies borrowers and realtors of underwriting decision;
  • Prepares, if applicable, the "Decline Letter" and ensure accurate disclosure of the reason(s) for the adverse action at whatever time during the processing period it is determined that applicants do not qualify;
  • Manages and maintains record of all loans in process;
  • Assists with scheduled loan closings;
  • Works with investor to clear any closing or funding conditions required; and
  • Performs other work related duties, as assigned.

Supervisory Responsibilities:

  • N/A

Qualifications: 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, skill, and/or ability required. Reasonable accommodations may be made to enable each individual with disabilities to perform the essential functions.

  • Must have working knowledge of FHLMC and/or FNMA and FHA/VA guidelines and private mortgage insurance requirements;
  • Must have knowledge of all applicable federal and state laws and regulations and knowledge of bank policies and procedures;
  • Must be proficient in Microsoft Office (Word, Excel, PowerPoint, Outlook, etc.) software;
  • Must have basic understanding of accounting and finance;
  • Must have analytical, decision-making, and problem solving skills;

Keywords: RemX Specialty Staffing, Amarillo , Mortgage Processor, Other , Amarillo, Texas

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest Texas jobs by following @recnetTX on Twitter!

Amarillo RSS job feeds