Job Description
Mtg Loan Processor 3-208944
Description
Responsible for processing residential loan applications. Responsible for reviewing applications for completeness. Orders all necessary supporting documentation. Reviews all documents, works loan up and submits file to Underwriting, communicates with borrower/realtor/builder to provide current status reports, and may issue commitment letters. Submits approved loan application to closing or initiates action on canceled/rejected loans. Maintains positive working relationship with brokers, realtors, builders, referral sources, and other customers. Meets performance standards and goals established by the bank.
Qualifications
Incumbents in this position would typically possess >5 years of loan processing experience. This senior level processor may be responsible for training entry-level processors and/or providing guidance to other processors. Capable of independently processing the most complex loans. In Addition, the individual will be required to:
* Make judgments as to whether the loan is “reasonable” even if it meets published guidelines on the surface. If it does not appear reasonable, must escalate for further evaluation.
* Document any potential issue or concerns regarding loan reasonableness or potential fraud/misrepresentation and escalate to next level manager or Loan Risk and Recovery depending on the circumstances.
* Maintain knowledge of regulatory changes, external and internal compliance requirements, and investor guidelines to insure loan salability.
* Insure Settlement Agents meet SunTrust eligibility criteria before submission of loan to closing.
Job: Mortgage
Primary Location: SC-South Carolina-Bluffton-Westbury Park Office
Schedule: Full-time
Tags: loan processor job, mortgage, mortgage jobs, processing
