Oakworth Capital Bank is expanding and has an excellent opportunity for someone to join our team in Birmingham, AL! We are looking for a full-time role for Loan Coordinator, Processor that will play a vital role in supporting our current & future clients. An ideal candidate would meet the qualifications listed below, and more importantly, be able to demonstrate that they live by Oakworth Core Values
(Golden Rule, Character, Innovative Spirit, Professionalism, Work Ethic).
Responsibilities and Duties:
This role is directly responsible for the pre-closing due diligence, gathering of supporting documentation, and preparing documents for disclosure requirements, new loan requests, or modification of existing loans. Daily administration of all loans and related bank accounts. Acts as primary support for all loan-related tasks for the bank's entire loan portfolio according to regulatory compliance, state law, and bank policy to mitigate risk, perfect liens, and ensure complete and proper documentation is in place.
Key Roles/Responsibilities:
• Perform Due Diligence and Loan Processing.
• Prepare documents with attention to detail, and additional review prior to sending for closing to ensure minimal mistakes mitigating risk and client impact.
• Follow the loan process to ensure safety & soundness by lien perfection & properly documented transactions.
• Loan Support for the bank; collaborating with Client Advisors on upcoming transactions, timing - managing client expectations.
• Efficiency & streamlining our processes - always looking for ways to improve & reduce duplicated efforts.
• On-going training and sharing with fellow associates to ensure we are up to date on current items and processes.
Responsibility Details:
• For all loan requests: Pre-closing due diligence and gathering of supporting documentation for disclosure requirements, new loan requests, or modification of existing loans. Post-closing disbursement for purchase money transactions.
• Daily routine includes Supporting documentation for all incoming loans, letters of credit, and subordination - order and review; review of attorney-prepared documents prior to closing based on the approval for accuracy and completeness; review of organizational documents to ensure proper legal naming and signer requirements; responsible for ensuring consumer regulatory timing requirements are being met as applicable. Supports the lending staff in all loan-related questions and/or issues.
Qualifications and Skills:
• Associate's degree or three to five years of related experience or training; or equivalent combination of education and experience
• Attention to detail
• Successful experience working in various banking systems such as Horizon, FLO (Fidelity Loan Origination), FCM/ImageCentre, as well as a CRM (Client Relationship Management) system is highly preferred
• Proficiency in Microsoft Office suite is required
$31k-43k yearly est. 3d ago
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Mortgage Loan Officer - Birmingham Area | Full-Time
Avadian Credit Union 3.6
Loan processor job in Hoover, AL
Full-time Description
Primary Job Role: Originates, acquires, and markets quality residential loans, including top-tier construction loan options and in-house portfolio loan products designed to help Mortgage Loan Officers close outside-the-box loans. Develops marketing and promotional strategies to attract new business, while networking and building community relationships with business professionals and related organizations.
Functions and Responsibilities:
Acquire new mortgage loans by solicitation and marketing, and maintain a quality network of business relationships.
Develop and execute marketing plan based on monthly and quarterly production standards.
Ensure exceptional customer service by maintaining thorough knowledge of lending programs, policies, procedures and regulatory requirements.
Structure loans in accordance with established lending practices and federal regulatory requirements.
Demonstrate a commitment to professional ethics and complying with all Federal and State laws and regulations.
Examine surveys and appraisals to identify and address encroachments, violations, or other discrepancies as needed.
Cross-sells other Credit Union services to members.
Prepare and analyze all documents required for real estate loans.
Requirements
Basic Requirements:
Outside sales background in mortgages REQUIRED.
Proven track record of superior sales performance.
Knowledge on agency and investor regulations and guidelines.
Strong verbal and written communication and presentation skills.
Capacity to work independently and ability to participate productively as part of a team in a fast pace environment.
Demonstrate the ability to create a network of centers of influence that make referrals.
Experience: One year as a Loan Officer or Loan Originator with outside sales experience is required. Must have excellent verbal and written communications skills. Demonstrated success in building and maintaining referral networks within the mortgage industry, including realtors, builders, financial planners, and other strategic partners.
Education: College degree in a related field preferred, but not required.
Compensation: Competitive base salary with commission-based incentives.
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Please note - submitting a resume does not guarantee any future action by Avadian Credit Union.
Avadian Credit Union is an Equal Opportunity Employer.
$29k-44k yearly est. 7d ago
Mortgage Loan Processor
Local Bank 4.1
Loan processor job in Tuscaloosa, AL
Job DescriptionDescription:
The Mortgage LoanProcessor is responsible for managing the loan file from the time of application through final approval. This role requires attention to detail, strong organizational skills, and the ability to communicate effectively with borrowers, loan officers, underwriters, and third-party vendors to ensure loans are processed accurately and efficiently while meeting all regulatory and compliance requirements.
Key Responsibilities:
Review mortgage loan applications for completeness and accuracy.
Gather and verify required documentation from borrowers, including income, assets, liabilities, and credit information.
Order and track third-party services such as appraisals, title work, and verifications of employment.
Maintain regular communication with borrowers, loan officers, underwriters, and other parties to provide status updates and request additional information when needed.
Review credit reports, income documentation, and asset statements to ensure compliance with lending guidelines.
Prepare and submit complete loan packages to underwriting for approval.
Monitor loan pipeline to ensure timely processing and adherence to deadlines.
Ensure all documentation complies with federal, state, and investor regulations, as well as company policies.
Address any underwriting conditions in a timely manner by working with the borrower and loan officer.
Coordinate loan closings with all involved parties, ensuring a smooth and efficient process.
Maintain accurate and organized records in the loan origination system.
All other related duties as assigned.
Requirements:
Qualifications:
High school diploma or equivalent required; Associate's or Bachelor's degree in finance, business, or a related field preferred.
Minimum of 2 years' experience in mortgage loan processing, lending, or a related financial services role preferred.
Strong understanding of mortgage loan products, guidelines, and compliance regulations.
Proficient with mortgage loan origination systems (LOS) and Microsoft Office Suite.
Exceptional organizational skills with the ability to manage multiple files and deadlines simultaneously.
Strong verbal and written communication skills.
Detail-oriented with a commitment to accuracy and quality.
Ability to work independently as well as collaboratively in a fast-paced environment.
Work Environment:
Standard office environment with occasional remote work as approved.
May require extended hours to meet deadlines.
Physical Requirements:
Prolonged periods of sitting at a desk and working on a computer.
Ability to lift up to 15 pounds occasionally.
$36k-49k yearly est. 1d ago
Mortgage Loan Processor
America's First Federal Credit Union 4.5
Loan processor job in Birmingham, AL
Essential Functions & Responsibilities: * Process files from opening through closing of each loan. Take ownership of loan files once received from mortgage loan officer. Be primary contact for all parties involved in the process of the mortgage loan. * Assemble all loan documents necessary to meet the underwriting guidelines for the particular loan program in process. Obtain the necessary documents from the customer to meet Automated Underwriting System Findings.
* Review all documents for accuracy and completeness and determine the documentation necessary to be included in the mortgage loan file while maintaining compliance of necessary loan documentation.
* Analyze borrower(s) Federal Tax returns (if applicable) to determine qualifying income. Complete FNMA Form 1084 Self Employed Cash Flow Analysis for loan files with tax returns. Responsible for ordering appraisals-title and hazard insurance and tracking order status.
* Responsible for conferring with borrowers concerning questions, procedures, necessary information and forms completion, and loan status while communicating in writing and verbally with various parties to the mortgage loan process
* Performs other job related duties as assigned.
Performance Measurements:
* Meet or exceed department goals that are created in conjunction with corporate goals.
* To ensure all files are in compliance with federal regulations and Credit Union Policy.
* To ensure timely supply of requested documentation to members.
* Report regularly to leadership on the status of all leads and loans being worked.
Knowledge and Skills:
Experience: One year to three years of similar or related experience.
Education: (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Physical Requirements: Light lifting required.
Work Environment: Prompt regular attendance at the assigned workplace is required.
$36k-42k yearly est. 1d ago
Mortgage Loan Officer
Bryant Bank 4.1
Loan processor job in Hoover, AL
The Mortgage Loan Officer is responsible for helping customers achieve their homeownership and financial goals by providing expert guidance throughout the mortgage lending process. This role will independently originate, evaluate, and manage mortgage loan applications in accordance with bank policies, investor requirements, and federal regulations. The ideal candidate brings extensive industry experience, a proven production history, and strong referral relationships.
Essential Duties and Responsibilities:
Independently originate and evaluate mortgage loans in compliance with bank guidelines, underwriting standards, and secondary market requirements.
Manage a high-volume pipeline while meeting multiple and sometimes competing deadlines.
Maintain strong working knowledge of compliance requirements, including ATR/QM and TRID.
Proactively develop new business through existing customers, referral partners, and community relationships.
Maintain and grow a high-quality, self-sourced portfolio of mortgage production.
Performs other related duties as assigned
Qualifications
Knowledge/Skills/Abilities:
Ability to build, grow, and sustain long-term business relationships with realtors, builders, financial advisors, and customers.
Excellent verbal and written communication skills with the ability to provide clear guidance to borrowers.
Advanced knowledge of residential mortgage products, including Conventional, FHA, and VA loans.
Strong understanding of mortgage industry regulations, underwriting requirements, secondary market standards, and investor guidelines.
Highly organized with the ability to prioritize tasks, manage multiple deadlines, and work independently in a fast-paced environment.
Strong sales skills with the ability to generate, nurture, and convert leads.
Competencies:
Accountability: Willing to claim ownership for results of actions that were executed personally; Meets personal and organizational obligations associated with serving customers and utilizing resources; Performs duties and position without requiring guidance.
Collaboration: Cooperates with others to establish priorities and develop work plans; Cooperates with team members to complete tasks assigned to the team; Consistently contributes to group discussions and shares information.
Customer Service: Establishes cooperative working relationships with others internal and external to the organization; Resolves fairly complex or non-routine problems, questions, or complaints; directs the most complex problems, questions, or complaints to the appropriate person; Effectively handles situations with moderate degree of tension, conflict and/or distress.
Decision-Making: Exercises good judgment in situations when data is limited and the solution may be unclear; Makes appropriate decisions in given time restraints; Demonstrates the ability to weigh factors and perceive impacts and implications of personal decisions in situations.
Organizational Awareness: Understands the mission and functions of the organization; Demonstrates in-depth knowledge of organizational policies, procedures, rules, regulations impacting the organization, and guidelines; Educates others on organizational programs and policies; Aware of the key stakeholders, decision-makers, and power dynamics within the organization.
Self-Management: Sets goals and priorities for own work consistent with goals of the organization and accommodates unforeseen workload; Applies effort and persistence toward the achievement of goals; Willingly accepts new or additional responsibilities.
Education and Experience:
Bachelor's degree and substantial experience in mortgage lending or an equivalent combination of education and experience.
Minimum 5-7 years of experience in mortgage loan origination or mortgage banking required.
Prior experience in a bank environment or with portfolio lending is a plus.
Certifications/Licenses:
Must be registered, or eligible for registration upon hire, with the Nationwide Mortgage Licensing System (NMLS).
$36k-46k yearly est. 2d ago
Loan Specialist II - Due Diligence
Servisfirst Bank 4.0
Loan processor job in Birmingham, AL
At ServisFirst, Our Name is Our Mission.
DUTIES AND RESPONSIBILITIES
The Loan Specialist II - Due Diligence is responsible for assembling loan documentation for commercial and consumer loans in accordance with regulatory requirements and Bank policy. Loan packages must be prepared accurately and forwarded for further processing in a timely manner in order to ensure quality service and minimize inconvenience to the customer. Because of market volatility and spikes in loan volume, the Loan Specialist II must be able to work under deadline pressure while still ensuring accuracy.
The incumbent will:
Review submitted pre-closing nCino Doc Prep Memo or nCino Credit Memo and documentation to ensure all documents necessary to process the loan have been received and
address all outstanding exceptions
Review and clear existing collateral exceptions on renewal loans prior to moving to Doc Prep
Ensure all loan requests include proper approval to include aggregate debt, floors and fee waiver approvals
Review in-house loan documentation for commercial, consumer and real estate loans in accordance with Bank policy and regulatory requirements, within 12 hours of receipt of completed supporting documentation package, to include complex loans
Utilize external websites and vendors to acquire information to complete required information for loan packages
Ensure all internal systems (nCino, Footprints, etc.) are updated in a timely manner
Upon satisfactory documentation completion of loan package, submit to Doc Prep for review
Train new hires and cross train all existing employees
Maintain process manual on shared drive and compose procedures for any new processes
Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies
Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.
Note: Additional duties and responsibilities may be assigned.
MINIMUM QUALIFICATIONS
High school diploma or equivalent
Three (3) or more years of related experience
Extensive commercial and consumer loan documentation experience to include knowledge of collateral perfection and related regulations
Excellent understanding of credit administration procedures as demonstrated in previous position gathering and assembling loan documents
Experience working with no supervision while performing duties
Excellent organizational and time management skills, as demonstrated by experience meeting deadlines
Experience working with Microsoft Word and Excel
PHYSICAL REQUIREMENTS AND ENVIRONMENTAL CONDITIONS
The physical requirements and environmental conditions of this position consist primarily of:
Sitting at a desk or workstation for long periods of time.
Occasionally lifting and/or moving materials that weigh 1 to 25 pounds.
Frequently typing using a keyboard and/or calculator.
Normal office environment with constant comfortable temperatures and exposure to low noise level (e.g., faxes, phones, printers, etc.).
EOE/AA
$27k-63k yearly est. Auto-Apply 22d ago
Loan Officer
Jefferson Credit Union 3.6
Loan processor job in Birmingham, AL
Job DescriptionSalary:
The Loan Officer is responsible for underwriting quality consumer loans in compliance with applicable laws, regulations, and credit union policies. This role includes providing accurate and timely responses to members regarding loan decisions, as well as gathering necessary documentation to ensure complete loan packages. The Loan Officer is expected to generate quality loans that meet the needs of both the credit union and its members.
In addition to lending responsibilities, this position plays a key role in delivering exceptional member service. The Loan Officer promotes credit union products and services while ensuring all interactions are handled in a friendly, timely, and professional manner.
Responsibilities
Lending & Underwriting
Interview members, provide guidance on consumer lending options, and complete accurate loan applications.
Analyze loan applications, credit reports, collateral, financial statements, and supporting documents to make sound and consistent lending decisions within assigned authority.
Calculate debt-to-income ratios, assess collateral valuation, and determine overall loan quality.
Administer loan documentation and creditworthiness reviews to ensure timely and compliant loan closings.
Manage indirect lending activities by analyzing applications submitted through dealerships, funding approved loans, and reaching out to members directly to resolve questions or documentation issues.
Communicate and troubleshoot issues within the indirect lending platform to ensure smooth processing and member satisfaction.
Collaborate with management to strengthen dealer relationships and increase participation in the credit unions indirect lending program.
Identify and pursue opportunities for cross-selling additional credit union loan products and services.
Compliance & Risk Management
Stay current with lending and collection regulations, ensuring all activities comply with applicable laws and credit union policies.
Maintain working knowledge of regulations including Reg B, Reg Z, Reg CC, the Fair Credit Reporting Act, the Bank Secrecy Act, the Patriot Act, Anti-Money Laundering requirements, and SAFE Act guidelines.
Uphold all Jefferson Credit Union policies and procedures while safeguarding member and credit union interests.
All other duties as assigned by management.
Required Qualifications
High school diploma or equivalent; associate or bachelors degree in Finance, Business, or related field preferred.
13 years of experience in consumer lending, underwriting, or related financial services.
Working knowledge of loan origination systems, credit analysis, and indirect lending processes.
Familiarity with compliance and regulatory standards including Reg B, Reg Z, FCRA, BSA/AML, and SAFE Act.
Strong financial analysis skills with ability to calculate debt-to-income ratios and assess collateral values.
Excellent communication and interpersonal skills with a professional, member-focused approach.
Proficiency with Microsoft Office and ability to learn new software quickly.
Highly organized and detail-oriented, able to manage multiple applications and deadlines.
Preferred Qualifications
Bachelors degree in Finance, Business Administration, or related field.
3+ years of experience in a credit union or community banking environment.
Experience with indirect lending platforms and direct communication with dealerships.
Established understanding of risk-based lending and consumer loan portfolio management.
Demonstrated success in cross-selling financial products and services.
$35k-47k yearly est. 30d ago
Branch Loan Underwriter- Birmingham Area
Amfirst Career
Loan processor job in Birmingham, AL
AmFirst is committed to trust, integrity, and financial wellness. We love giving our members exceptional service and value. We treat our employees just the sameâ -like family. AmFirst provides growth, opportunity, and development. We offer our employees an extensive benefits package.
Role: Assists members and potential members with their financial needs, opens new accounts, processes account transactions, resolves problems, and provides assistance and information regarding products and services.
Essential Functions & Responsibilities
Assists members with opening and closing accounts, answers questions about products and services and resolves problems that are within their authority to resolve. Refers problems that are beyond their authority to their supervisor, along with their recommendations.
Performs all consumer loan functions including selling services, quoting rates, utilizing the lending software and closing loans.
Identifies cross-sell opportunities and cross-sells services to members.
Ensures appropriate records are maintained and required reports are prepared.
Conducts audits of system information and member documents.
Acts as liaison between members and various departments.
Represents the branch as appropriate in its relationships with members, sponsor organizations(s), business partners, other financial institutions and similar groups.
Performs other job-related duties as assigned.
Performance Measurements
Open all accounts, certificates, loans, and other credit union products or services accurately, ensuring all related forms and documents are completed in a timely manner.
Actively cross-sell products and services to members to achieve or exceed all established sales goals and assist in meeting corporate goals.
Troubleshoot and resolve member and internal inquiries in a timely and accurate manner.
Ensure compliance with all applicable credit union policies and procedures.
Maintain Quality Loop scores within the branch of 6.7 or higher.
Knowledge & Skills
Experience - Minimum 6 months experience in New Accounts.
Education - A high school education or GED.
Interpersonal Skills - Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Other Skills - Must be able to utilize various computer programs to obtain and enter information. Must demonstrate strong public contact and telephone skills. Must demonstrate good judgement in order to resolve member issues and to offer other services. Must be current on all policies and procedures related to teller and new account functions and be fully versed on all services offered by the credit union. Must demonstrate familiarity with the lending function; including taking consumer loan applications, cross selling, and closing consumer loans. Must have experience in handling share certificates and IRA accounts. Must be able to change job function as member traffic dictates to meet member needs.
Physical Requirements - Light lifting required.
$33k-51k yearly est. 14d ago
Loan Originator
First Federal Bank 3.3
Loan processor job in Birmingham, AL
This commission based position is for resilient self-starters who perform well under pressure in a fast paced environment. Critical thinking, problem solving, strong work ethic and oral and written communication skills are required.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned:
Increase new mortgage business by networking with industry professionals, primarily Realtors, growing relationships within the community and maintaining relationships with previous clients.
Prepare and submit loan applications by interviewing applicants and reconciling data received by applicants.
Communicate with applicant during the mortgage process.
Ensure compliance with all federal, state and bank regulations -Structures loan products to best meet applicant's needs.
Have knowledge and understanding of Agency loan products and guidelines, loan origination software and CRM.
Conduct business with integrity and high moral character.
Contribute maximum effort to grow relationships with branch team and client base on behalf of the Bank.
Responsible for complying with the BSA/AML and Red Flags policy.
Researching any necessary information regarding the BSA/AML and Red Flags policy and if necessary, reporting to senior management and/or the compliance department.
Required to attend classroom or online BSA/AML and Red Flags training annually.
SUPERVISORY RESPONSIBILITIES
None
EDUCATION and/or EXPERIENCE REQUIRED
High School diploma or equivalent.
EXPERIENCE PREFERENCE:
Established loan originator with 2+ years' experience; sales professional with mortgage or similar industry experience; previous mortgage industry experience.
First Federal Bank is an equal opportunity employer.
$29k-39k yearly est. Auto-Apply 60d+ ago
Mortgage Loan Closer
Hope CU
Loan processor job in Birmingham, AL
HOPE (Hope Enterprise Corporation, Hope Credit Union and Hope Policy Institute) provides financial services; leverages resources; and engages in advocacy that strengthens the financial health of people in under-resourced Deep South communities. Since 1994, these efforts have benefited more than three million people in Alabama, Arkansas, Louisiana, Mississippi and Tennessee, and influenced billions in persistent poverty communities across the nation. Learn more at ************************
Title: Mortgage Loan Closer
Department: Mortgage
Reports to: Mortgage Closing Manager
Supervises: N/A
Job Classification: Full-time, Non-Exempt
Location: Birmingham, AL, Hybrid
Job Summary
The Mortgage Loan Closer is responsible for closing, funding and reviewing residential mortgage loans in accordance with the terms and conditions of the loan approval.
Primary and Essential Functions:
Ensure closing packages are completed within TRID guidelines
Ensure accuracy of documents received before completion of CD
Provide Accounting Department a Daily Cash Sheet for forecast of funding/purchasing of loans
Review file for underwriting instructions, title commitment, flood certification, hazard insurance coverage, flood insurance coverage, clearance of termite, and BSA compliance
Prepare documentation required for residential mortgage, grant, and bond closings
Provide closing documents to closing agent
Review HUD-1 for approval
Wire funds to closing agent upon approval
Upon receipt of completed closing package from closing agent, review loan documentation
Log receipt of closing package and delivery to servicing
Notify closing agent if there are errors in retail loan closing package
Notify correspondent lender of outstanding conditions on wholesale loans
Perform a full review of files received for purchase from correspondent lenders for underwriting conditions and for proper closing of loans
Communicate with correspondent lender for any outstanding conditions on files received for purchase
Follow-up on post-closing items in a timely fashion
Provide excellent internal and external customer service
Provide month-end closing report
Secondary Functions:
Perform general administrative duties such as attending meetings, report production, etc.
Assist Loan Specialist in review process
Assist other departments as a Mortgage Loan Closer
Assist in review and response of Quality Control Audits
Work with other departments when needed on projects related to the mission of ECD/HOPE
Accountability for Business Results:
Mortgage closing cycle time
Proper closing of loan
Ensuring correct funds for closing
Specified Authority Level:
Approve HUD-1 form
Approve loan for purchase based on Underwriter approval
Approve funding for wiring
Qualifications:
Bachelor's degree in relevant field or equivalent experience
Two years of experience in residential mortgage loan documentation and closing
Demonstrated strength in ability to manage multiple projects at once while maintaining appropriate attention to details
Physical Demands:
Employee is regularly required to sit, stand and walk.
Employee will be in constant use of keyboard, which would require use of hands and fingers.
Employee will be in constant communication with other persons related to work and requiring the use of hearing and speaking.
Employee must infrequently lift and/or move up to 10 pounds.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Work Environment:
Employee spends the majority of time in office environment, generally accessible to the public, customers, and potential customers.
Noise level in the work environment is usually moderate.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Hope Enterprise Corporation does not participate in or engage in any form of visa sponsorship, including employment-based visa applications or extensions (e.g., H-1B, TN, O-1, OPT, STEM OPT, etc.). Candidates must be legally authorized to work in the United States at the time of application and throughout the duration of employment.
We are an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
$34k-47k yearly est. 5d ago
Mortgage Processor III
M&T Bank 4.7
Loan processor job in Clanton, AL
Seasoned processor with a strong analytical ability to assess conventional and government loan requests based on a thorough knowledge of product, underwriting, and investor guidelines. Serve as the communication liaison between the customer and M&T's Mortgage department. Directly assist customers as required in a prompt, courteous and professional manner.
**Primary Responsibilities**
+ Maintain effective communication with all necessary parties involved in a new loan application, from the customer, loan officer, realtors, settlement agents, municipalities, and co-workers to ensure a seamless and positive application experience.
+ Work with various internal departments as well as external organizations to obtain processing related documentation or obtain necessary information needed to complete an application i.e.: Verification of Employment, IRS Transcripts, title search, appraisal, bank statements, etc.
+ Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines.
+ Monitor, update and analyze credit reports, appraisals, income documentation, and all verifications to ensure they adhere to product, underwriting and investor guidelines.
+ Perform other administrative duties supporting the origination department including, but not limited to: preparing and mailing commitment letters, review title and homeowner's insurance, mailing loan suspend notices, providing the closing attorney with additional documentation, and all applicable processing checklists.
+ Ability to scrutinize a loan application to assess qualification, and is able to restructure a loan or recommend solutions.
+ Empowered to review and accept loan conditions based on underwriter requirements.
+ Ensures adherence to all regulatory requirements and guidelines.
+ Strong analytical/mathematical background to evaluate changes to borrower's current fee structure, allowable changes to those fees and the re-creation of the required regulatory documents.
+ Work closely with both Internal and External Customers such as co-workers, borrower(s) and Loan Officers.
+ Identify risk-related issues needing escalation to management.
+ Promote an environment that supports belonging and reflects the M&T Bank brand.
+ Complete other related duties as assigned.
**Education and Experience Required**
+ Associates Degree or two years equivalent work experience.
+ Two to three years prior mortgage processing or underwriting experience.
**Education and Experience Preferred**
+ Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe.
+ Ability to make sound decisions based on information provided.
+ Knowledge of Product, Investor and Compliance Requirements.
+ Versatility and flexibility working within an ever changing fast paced mortgage environment.
+ Adapting to new policies and procedures to improve processes and workflow.
+ Ability to function independently within time constraints.
+ Excellent verbal and written communication skills.
+ Highly organized with the ability to multitask.
+ Strong attention to detail.
+ Prioritization of daily workload.
+ Ability to work in a team environment.
+ Strong work ethic, reliable and dependable.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.55 - $34.25 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location.
**Location**
Clanton, Alabama, United States of America
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.
$20.6-34.3 hourly 28d ago
Mortgage Lending Officer
River Bank & Trust 4.2
Loan processor job in Birmingham, AL
Mortgage Lending Officer
RB&T Mission Statement:
As a trusted partner and friend, River Bank & Trust helps our neighbors and the businesses in our communities to reach their financial goals.
River Bank & Trust is looking for a Mortgage Lending Officer (MLO) who is prepared to make a difference in the lives of our customers, by providing unmatched knowledge and hospitality. This is achieved not only through the bank's commitment to support your success, but also through your community involvement/relationships, ability to uncover the customer's needs, recommend the best mortgage product, and help the customer throughout each step of the process to get the loan closed promptly.
Essential Duties and Responsibilities:
Reasonable accommodations may be made to enable individuals with disabilities to perform the
essential functions. The essential functions include, but are not limited to the following:
- Interview customers to determine their mortgage needs
- Responsible for collecting financial information & evaluating creditworthiness and eligibility
to obtain a mortgage loan
- Guide the customer through their options and throughout the process
- Prepare and submit mortgage loan applications
- Ensure data are in line with national and local financial guidelines
- Keep the customer informed throughout each step of the process
- Help resolve problems/conflict with applications
- Ensure compliance with privacy laws and confidentiality throughout the process
- Build and maintain customer relationships, internal referral network, and community
involvement
Minimum Qualifications:
- High School diploma or equivalent
- At least (2) years' experience in related or equivalent mortgage banking
- Knowledge & understanding of real estate lending criteria, compliance, federal/state
regulations, loan origination and servicing software
Skills, Abilities & Expectations:
- Be familiar with and follow policy and procedures, and support Management's decisions
and goals in a positive, professional manner.
- Stay abreast of regulatory requirements and complete annual compliance training
applicable to the position
- Assuring customer service is top priority whether internally or externally; treating
customers and employees professionally, with courtesy and respect
- Ability to work in a fast-paced team environment, handle multiple tasks, and prioritize work
- Detail oriented and organized
Mortgage Loan Originator Job Description
- Ability to analyze financial information
- Excellent interpersonal and communication skills
- Integrity, discretion, and respect for confidential information are absolutely essential
- Willingness to adapt to change
- Work within a variety of different software and web applications
- Able to prioritize duties and effectively manage time
- Analytical and problem-solving skills
- Attend work on a regular basis, on time, and withstand varying degrees of stress
- Excellent interpersonal and communication skills
- Maintaining a professional, business-like appearance and demeanor
- Proficiency in Microsoft Office products to include: Word, Excel, and Outlook
Physical Demands:
The employee will occasionally lift and/or move up to 25 pounds. The employee will regularly sit;
talk; hear; and use hands to finger, handle or feel. The employee will occasionally stand; walk;
reach with hands and arms; climb and balance; and stoop, kneel, crouch, or crawl. Special
vision requirements include close, distant, and peripheral vision; depth perception; and the
ability to adjust focus. The noise level in the work environment is usually moderate. The work
environment and physical demands are those of a standard retail branch setting. Reasonable
accommodations may be made to enable individuals with disabilities to perform the essential
functions of the job.
Disclaimer:
The above information has been designed to indicate the general nature and level of work
performed within this job. It is not designed to contain or be interpreted as a comprehensive
inventory of all duties, responsibilities, and qualifications required of employees assigned to the
job. Incumbent must attend work on a regular basis, on time, and withstand varying degrees of
stress. This position description describes the minimum selection requirements to qualify for the
position. Promotion and other employment decisions are based on employer needs, being in
good standing, fully competent performance, and other non-discriminatory subjects.
$24k-37k yearly est. 12d ago
Mortgage Loan Processor
First Horizon Corp 3.9
Loan processor job in Birmingham, AL
The Mortgage Processor Role will be responsible for performing a variety of documentation duties related to both agency and portfolio loans while ensuring compliance with policies and procedures for all loan products. Candidates must possess proficiency with technology and a strong sense of urgency with an ability to work in a team environment while maintaining excellent organization and communication skills. Candidates must also have the ability to self-manage a pipeline of 25-35 loans at all times.
Essential Duties and Responsibilities:
* Ability to self-manage a pipeline of 25-35 loans on a daily/weekly basis.
* Ability to calculate complex income streams and assist in restructuring of loan files.
* Maintain daily workflow prioritization to ensure closing dates are met.
* Adhere to published SLAs to promote effective pipeline management.
* Order all required verifications and documentation as required by product guidelines and underwriting.
* Analyze and ensure all documentation received are accurate and meets product guidelines and underwriting conditions.
* Responsible for monitoring rate locks and initiating any Change of Circumstances for re-disclosure requirements.
* Ensure follow-up to all Pre-Funding and Post-Closing Audits as requested.
* Provide excellent customer service to both internal and external clients.
* Communicate effectively with all parties to the transaction to keep them informed of file status.
* Mentor and provide assistance to Mortgage Processors I and II.
* All other duties as assigned
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, skills, and/or abilities required.
* High school Diploma or General education degree with a minimum of five years of Mortgage Loan Processing experience.
* Ability to effectively use various computer software applications.
* Ability to embrace and adopt all Technology as set forth by the line(s) of businesses.
* Working knowledge of Mortgage Residential Loan Workflow from Origination to Post Closing.
* Basic accounting and mathematical skills.
* Ability to effectively Multitask.
* Work successfully in a fast-paced working environment and meet critical deadlines.
* Delivers excellent verbal customer service.
* Demonstrates Leadership
* Excellent interpersonal skills/Champions Teamwork
* Goal and success oriented.
* Self-Starter
* Highly organized, proven track record of successfully managing Time and Pipeline execution.
* A "sales" mindset
* Retail channel experience (partnering with MLOs, Operations, Underwriters, Regional Mgrs. & Bank Execs).
* Focus on Quality and Understanding of Regulation/Compliance requirements.
* Excellent verbal and written communication skills, bi-lingual in English and Spanish helpful.
* Ability to effectively multi-task, work well in a fast-paced working environment and meet critical deadlines.
* Commitment to a positive customer experience (internal and external).
NMLS Language
As part of the employment process for this position, you will have to meet the requirements of a background credit check. This position requires compliance with the S.A.F.E Mortgage Licensing Act of 2008 and all related regulations. Ongoing employment is contingent upon meeting all such requirements.
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at *********************
Benefit Highlights
* Medical with wellness incentives, dental, and vision
* HSA with company match
* Maternity and parental leave
* Tuition reimbursement
* Mentor program
* 401(k) with 6% match
* More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
Follow Us
Facebook
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LinkedIn
Instagram
YouTube
$32k-41k yearly est. 41d ago
Loan Officer - Birmingham and Huntsville, AL
Benchmark Mortgage 4.2
Loan processor job in Birmingham, AL
With relationships as one of Benchmark's core values, building and maintain relationships with the goal of sourcing loan applications will be the primary focus of our loan officers. The Loan Officer sources and originates loan applications from consumers and maintains relationships to develop and keep an active pipeline of applicants.
Ideal candidates for this position have a strong service-oriented mindset with prior loan sale experience, excellent communication skills, and proven knowledge of mortgage lending compliance and regulatory requirements.
Essential Functions of the Role:
Establish and maintain relationships through frequent travel with individuals including existing clients, past clients, and real estate professionals to generate business referrals.
Maintain a pipeline of applications within federal and state regulations.
Analyze mortgage applications and determine the programs best meeting the needs of the consumer.
Gather required application data and provide initial documents and disclosures to the applicant.
Communicate and educate the consumer on qualified programs including benefits and risks.
Support communication through the loan process between operations staff and the borrower.
Provide all applicable initial documents and disclosures to the loanprocessor.
Other duties as assigned.
Essential Knowledge/Skills/Abilities:
Strong communication skills
Ability to generate leads
Customer service oriented
Proven ability to prioritize and multi-task
Knowledge of various loan products (FHA, VA, conventional, etc.)
General knowledge of credit reports and debt-to-income ratios
Ability to adapt to market changes
Knowledge of the mortgage loan process
Proven ability to monitor and track multiple deadlines
Experience Requirements:
One to two years residential mortgage origination experience required.
Education/Licensing Requirements:
High school diploma or equivalent required. Some college preferred.
Licensed in market area and registered nationally in NMLS.
Professional certifications (CMB, CMC, CMPS) preferred.
Working Conditions:
Fast-paced environment.
Requires normal vision (corrected) both close and distant.
Requires normal hearing levels (corrected).
Requires working at a desk to use a phone and computer for extended periods of time.
Requires sitting, bending.
Works effectively with frequent interruptions.
Lifting requirements of 10 lbs. occasionally.
Frequent travel >50%.
Along with a great culture and competitive pay, at (Benchmark/Eleven) Mortgage our full-time employees are eligible for additional benefits including:
Medical, dental, and vision insurance
Short-term and long-term disability
401(k) and Roth 401(k) plans with a Company match
Company-provided life insurance
AND MORE!
$29k-44k yearly est. Auto-Apply 60d+ ago
Loan Officer I
Union State Bank 4.5
Loan processor job in Pleasant Grove, AL
Loan Officer I
Department
Loan Department
Reports To
Senior Lender
Officer/Non-Officer
VP, AVP or AC Officer
FLSA Category
Exempt Employee
Work Location
Retail Lending
Responsibilities & Duties
Purpose of Position
Loan Officer I are entry-level lenders responsible for maintaining and/or generating a loan portfolio including Consumer loans and loan renewals as assigned by Senior Lender. This position is responsible for soliciting, negotiating, documenting, underwriting and coordinating the closing of loans in compliance with the Bank's lending policies and procedures. Lender positions are based on productions and evaluated in relation to loan projection goals. Lenders are to develop and maintain professional relationships with customers, promote business growth of the bank's products and services.
[NEEDS QUANTIFIABLE MATRIX FOR EVALUATION- PORTFOLIO PROJECTION]
Duties and Responsibilities
Exemplar of superior customer service with appropriate communication between both customers and employees. Serve as mentor to other Lender I employees as requested by Senior Lender.
Perform full range of duties pertaining to Consumer lending functions. Lenders solicit, negotiate, underwrite, and coordinate the closing of major and complex consumer, residential, equipment, commercial building and business loans in compliance with the Bank's lending policies and procedures.
Develops deposit relationships and promotes business for the bank by maintain good customer relations and referrals for new bank services. Diligently seek and obtain quality new business through client and prospect calls, referrals, and cross selling efforts.
Accepts applications, assists with interviews of prospective applicants, requests specified information related to loan inquiry and assists to resolve questions regarding application information.
Gathers, analyzes, and organizes all information necessary to present a financial request to Senior Management or Loan Committee for approval, meets with existing or potential customers, visits sites of loans, negotiates loan terms and conditions, approves loans within established lending limits or refers and recommends acceptance to Senior Lender or Loan Committee.
Coordinates the processing of approved loans, ensures loans are processed according to agreement, customer needs and comply with lending procedures, obtain sufficient information and/or documentation from customers, solves problems related to processing and servicing loans in portfolio, and approves loan disbursements in accordance with agreement.
Ensures that credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning is achieved.
Approves loan payments, draws form lines of credit, and fund transfers within specified limits. Negotiates, underwrites and processes renewals of credit facilities.
Participates with Senior Management in developing, analyzing and finalizing major and complex loan agreements.
Represent the Bank in various Business Development, Civic, Community Engagement, and Community Reinvestment (CRA) activities, events or endeavors. Further enhance the Bank's image, develop additional business, and assist in establishing and maintaining market position in the financial arena. Cross sells the products and services of the Bank.
Qualifications
Minimum Education Requirements
Bachelor's degree in a business-related field, (preferably accounting or finance) or equivalent work experience.
Minimum Experience & Skill Requirements
Experience in servicing consumer, commercial and mortgage loan review with increased responsibilities for profitably in loan concentration. Strong financial services (preferably Banking) background and working knowledge of industry, including good understanding of credit analysis, financial statements, lending practices and operations processes. Effective communicator both in written and oral communication. Balanced decision-maker; strategic thinker; demonstrate understanding and appreciation for all facets of the business (both business development and operational/staff functions). Track record of leading and motivating people particularly achieving loan and deposit growth targets. Ability to meet deadlines and sales goals.
Additional Information
Disclosure
This position description is subject to change at the discretion of the needs of the bank and does not create a contract, implied or otherwise; this position is an “at will” employment position. This position description in no way confines these functions to be the only task, responsibilities or duties of this position. Employees have the responsibility to safe guard information, maintain confidentiality and engage in safe and sound banking practices, inside and outside the bank.
Last Revision Date
03/23/2023
Support
Any questions, please contact: Human Resources **************
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions' Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
**Job Description:**
At Regions, the Loan Servicing Specialist performs a variety of operational tasks within Loan Servicing which may include special servicing, loan workout, investor relations, and loan operations.
**Primary Responsibilities**
+ Receives and reviews incoming work, contacting appropriate resources as needed
+ Reviews loan documentation for accuracy
+ Completes validation of loan documentation, reports, and/or systems
+ Documents missing, incorrect, or incomplete documents and/or data
+ Performs data entry and/or enters loans into the appropriate systems
+ Resolves customer or associate inquiries as necessary and communicates when applicable
+ Prepares, edits, distributes, and/or corrects specialized and/or complex documents/reports
+ Researches and resolves more complex loan related issues which may include missing payments, disputed accounts history requests and general loan related questions
+ Works under limited supervision following established guidelines and procedures
This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.
**Requirements**
+ High School Diploma or GED
+ Two (2) years of banking or related work experience
+ Applicants will be expected to pass any assessment associated with the position
**Preferences**
+ Knowledgeable of loan operations activities
**Skills and Competencies**
+ Data entry and typing skills
+ Proficient in Microsoft Excel and Word
+ Strong time management
+ Strong written and verbal communication skills
**Position Type**
Full time
**Compensation Details**
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
**Job Range Target:**
**_Minimum:_**
$40,000.00 USD
**_Median:_**
$48,240.00 USD
**Incentive Pay Plans:**
This job is not incentive eligible.
**Benefits Information**
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. (******************************************************************** Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
+ Paid Vacation/Sick Time
+ 401K with Company Match
+ Medical, Dental and Vision Benefits
+ Disability Benefits
+ Health Savings Account
+ Flexible Spending Account
+ Life Insurance
+ Parental Leave
+ Employee Assistance Program
+ Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
*************************************************************
**Location Details**
Riverchase Complex North Building
**Location:**
Hoover, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
$40k-48.2k yearly 37d ago
Loan Specialist II - Commercial Flood Risk
Servisfirst Bank 4.0
Loan processor job in Birmingham, AL
At ServisFirst, Our Name is Our Mission.
DUTIES AND RESPONSIBILITIES
The Loan Specialist II - Commercial Flood Risk is responsible for the due diligence required for FDPA (Flood Disaster Protection Act) compliance for all transactions requiring special handling Life of Loan monitoring processes related to Lender Placed Insurance (LPI) and Policy Renewals. Interfaces with Flood Vendors, Line of Business (LOB) partners, Asset Managers, insurance agents, stakeholders to drive completion and resolution of file analysis. The Commercial Flood Risk Analyst is key to ensuring ServisFirst Bank is fully assessing flood related risk.
Also, responsible for processing any or all of the following: Insurance Policies for all accounts with a balance in excess of $250,000, other collateral as requested, and Exception Clearing.
The incumbent will:
Communicate with Flood Vendors, LOB partners, Asset Managers, insurance agents, and stakeholders to drive completion and resolution of file analysis
Perform all analysis and execution of the most complex transactions related to regulated pre-close approval, and Life of Loan (LOL) servicing requirements, including identification of Flood eligible collateral
Lead and contribute to the oversight of all aspects of due diligence performed for compliance, and performing customer, loan and regulatory due diligence needed at each stage of the Life of Loan process
Responsible for ensuring compliance with all bank policies, procedures, and regulatory requirements
Responsible for managing complex portfolio exposure related to the FDPA (Flood Disaster Protection Act) program to include the identification, analysis, and risk mitigation in support of bank Flood policies, programs, and processes
Perform qualitative or quantitative analysis to minimize the possibility of loss and the potential impact for a highly regulated portfolio
Participate in development of recommendations for changes and/or risk mitigation opportunities to reduce or eliminate policy exceptions
Ensure portfolios are maintained to highest standard of regulatory compliance, including updating the System of record to reflect lender placement, should that occur
Provide guidance, assistance, and knowledge support to other team members. Ensure all Life of Loan activities and processes (policies, letters, notices, and coverage amount) are completed, packaged and the full file is submitted for the final comprehensive quality regulatory review
Collaborate with Compliance and Risk Management regarding loan level scenarios related to policy and procedure interpretation to ensure compliance. Proactively escalates issues and takes ownership of resolution path
Engage with the LOB partners, Asset Managers, Flood vendors, and stakeholders to drive completion and resolution of file analysis
Support training needs of other team members and employees and keep current on own training requirements
UCC continuations, amendments, and terminations as needed
Name changes on UCCs and notify lenders when received
Insurance policies received daily
Reports weekly to ensure accounts have current insurance coverage
Process Vehicle Titles for name transfers and liens and track for receipt
Review of Mortgage Releases
Imaging UCC, Insurance documents, and loan files when needed
Collateral exceptions as needed
Assist with special projects as needed
Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies
Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.
Note: Additional duties and responsibilities may be assigned.
MINIMUM QUALIFICATIONS
High school diploma or equivalent
Three (3) or more years of related or similar experience
Basic knowledge of commercial and consumer loan documentation and related regulations
Ability to complete work in a timely fashion with little to no supervision while performing duties, as demonstrated in previous experience meeting regular production goals
Experience working with Microsoft Outlook, Word and Excel
PHYSICAL REQUIREMENTS AND ENVIRONMENTAL CONDITIONS
The physical requirements and environmental conditions of this position consist primarily of:
Sustained sitting at a desk or workstation
Frequent use of PC, including typing or sustained attention to monitor
Frequent typing using a keyboard and/or calculator
Occasional lifting of basic office files or equipment up to 25 lbs
Normal office environment with comfortable internal temperatures and low level noise
EOE/AA
$27k-63k yearly est. Auto-Apply 21d ago
Loan Originator
First Federal Bank 3.3
Loan processor job in Birmingham, AL
First Federal Bank is seeking high achievers to contribute to its mortgage origination team.SUMMARY
This commission based position is for resilient self-starters who perform well under pressure in a fast paced environment. Critical thinking, problem solving, strong work ethic and oral and written communication skills are required.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned:
Increase new mortgage business by networking with industry professionals, primarily Realtors, growing relationships within the community and maintaining relationships with previous clients.
Prepare and submit loan applications by interviewing applicants and reconciling data received by applicants.
Communicate with applicant during the mortgage process.
Ensure compliance with all federal, state and bank regulations -Structures loan products to best meet applicant's needs.
Have knowledge and understanding of Agency loan products and guidelines, loan origination software and CRM.
Conduct business with integrity and high moral character.
Contribute maximum effort to grow relationships with branch team and client base on behalf of the Bank.
Responsible for complying with the BSA/AML and Red Flags policy.
Researching any necessary information regarding the BSA/AML and Red Flags policy and if necessary, reporting to senior management and/or the compliance department.
Required to attend classroom or online BSA/AML and Red Flags training annually.
SUPERVISORY RESPONSIBILITIES
None
EDUCATION and/or EXPERIENCE REQUIRED
High School diploma or equivalent.
EXPERIENCE PREFERENCE:
Established loan originator with 2+ years' experience; sales professional with mortgage or similar industry experience; previous mortgage industry experience.
First Federal Bank is an equal opportunity employer.
$29k-39k yearly est. Auto-Apply 60d+ ago
Mortgage Lending Officer
River Bank & Trust 4.2
Loan processor job in Vestavia Hills, AL
RB&T Mission Statement:
As a trusted partner and friend, River Bank & Trust helps our neighbors and the businesses in our communities to reach their financial goals.
River Bank & Trust is looking for a Mortgage Lending Officer (MLO) who is prepared to make a difference in the lives of our customers, by providing unmatched knowledge and hospitality. This is achieved not only through the bank's commitment to support your success, but also through your community involvement/relationships, ability to uncover the customer's needs, recommend the best mortgage product, and help the customer throughout each step of the process to get the loan closed promptly.
Essential Duties and Responsibilities:
Reasonable accommodations may be made to enable individuals with disabilities to perform the
essential functions. The essential functions include, but are not limited to the following:
- Interview customers to determine their mortgage needs
- Responsible for collecting financial information & evaluating creditworthiness and eligibility
to obtain a mortgage loan
- Guide the customer through their options and throughout the process
- Prepare and submit mortgage loan applications
- Ensure data are in line with national and local financial guidelines
- Keep the customer informed throughout each step of the process
- Help resolve problems/conflict with applications
- Ensure compliance with privacy laws and confidentiality throughout the process
- Build and maintain customer relationships, internal referral network, and community
involvement
Minimum Qualifications:
- High School diploma or equivalent
- At least (2) years' experience in related or equivalent mortgage banking
- Knowledge & understanding of real estate lending criteria, compliance, federal/state
regulations, loan origination and servicing software
Skills, Abilities & Expectations:
- Be familiar with and follow policy and procedures, and support Management's decisions
and goals in a positive, professional manner.
- Stay abreast of regulatory requirements and complete annual compliance training
applicable to the position
- Assuring customer service is top priority whether internally or externally; treating
customers and employees professionally, with courtesy and respect
- Ability to work in a fast-paced team environment, handle multiple tasks, and prioritize work
- Detail oriented and organized
Mortgage Loan Originator Job Description
- Ability to analyze financial information
- Excellent interpersonal and communication skills
- Integrity, discretion, and respect for confidential information are absolutely essential
- Willingness to adapt to change
- Work within a variety of different software and web applications
- Able to prioritize duties and effectively manage time
- Analytical and problem-solving skills
- Attend work on a regular basis, on time, and withstand varying degrees of stress
- Excellent interpersonal and communication skills
- Maintaining a professional, business-like appearance and demeanor
- Proficiency in Microsoft Office products to include: Word, Excel, and Outlook
Physical Demands:
The employee will occasionally lift and/or move up to 25 pounds. The employee will regularly sit;
talk; hear; and use hands to finger, handle or feel. The employee will occasionally stand; walk;
reach with hands and arms; climb and balance; and stoop, kneel, crouch, or crawl. Special
vision requirements include close, distant, and peripheral vision; depth perception; and the
ability to adjust focus. The noise level in the work environment is usually moderate. The work
environment and physical demands are those of a standard retail branch setting. Reasonable
accommodations may be made to enable individuals with disabilities to perform the essential
functions of the job.
Disclaimer:
The above information has been designed to indicate the general nature and level of work
performed within this job. It is not designed to contain or be interpreted as a comprehensive
inventory of all duties, responsibilities, and qualifications required of employees assigned to the
job. Incumbent must attend work on a regular basis, on time, and withstand varying degrees of
stress. This position description describes the minimum selection requirements to qualify for the
position. Promotion and other employment decisions are based on employer needs, being in
good standing, fully competent performance, and other non-discriminatory subjects.
$24k-37k yearly est. 60d+ ago
Mortgage Loan Processor
First Horizon 3.9
Loan processor job in Birmingham, AL
The Mortgage Processor Role will be responsible for performing a variety of documentation duties related to both agency and portfolio loans while ensuring compliance with policies and procedures for all loan products. Candidates must possess proficiency with technology and a strong sense of urgency with an ability to work in a team environment while maintaining excellent organization and communication skills. Candidates must also have the ability to self-manage a pipeline of 25-35 loans at all times.
Essential Duties and Responsibilities:
• Ability to self-manage a pipeline of 25-35 loans on a daily/weekly basis.
• Ability to calculate complex income streams and assist in restructuring of loan files.
• Maintain daily workflow prioritization to ensure closing dates are met.
• Adhere to published SLAs to promote effective pipeline management.
• Order all required verifications and documentation as required by product guidelines and underwriting.
• Analyze and ensure all documentation received are accurate and meets product guidelines and underwriting conditions.
• Responsible for monitoring rate locks and initiating any Change of Circumstances for re-disclosure requirements.
• Ensure follow-up to all Pre-Funding and Post-Closing Audits as requested.
• Provide excellent customer service to both internal and external clients.
• Communicate effectively with all parties to the transaction to keep them informed of file status.
• Mentor and provide assistance to Mortgage Processors I and II.
• All other duties as assigned
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, skills, and/or abilities required.
• High school Diploma or General education degree with a minimum of five years of Mortgage Loan Processing experience.
• Ability to effectively use various computer software applications.
• Ability to embrace and adopt all Technology as set forth by the line(s) of businesses.
• Working knowledge of Mortgage Residential Loan Workflow from Origination to Post Closing.
• Basic accounting and mathematical skills.
• Ability to effectively Multitask.
• Work successfully in a fast-paced working environment and meet critical deadlines.
• Delivers excellent verbal customer service.
• Demonstrates Leadership
• Excellent interpersonal skills/Champions Teamwork
• Goal and success oriented.
• Self-Starter
• Highly organized, proven track record of successfully managing Time and Pipeline execution.
• A “sales” mindset
• Retail channel experience (partnering with MLOs, Operations, Underwriters, Regional Mgrs. & Bank Execs).
• Focus on Quality and Understanding of Regulation/Compliance requirements.
• Excellent verbal and written communication skills, bi-lingual in English and Spanish helpful.
• Ability to effectively multi-task, work well in a fast-paced working environment and meet critical deadlines.
• Commitment to a positive customer experience (internal and external).
NMLS Language
As part of the employment process for this position, you will have to meet the requirements of a background credit check. This position requires compliance with the S.A.F.E Mortgage Licensing Act of 2008 and all related regulations. Ongoing employment is contingent upon meeting all such requirements.
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at *********************
Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
Follow Us
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LinkedIn
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YouTube
How much does a loan processor earn in Hoover, AL?
The average loan processor in Hoover, AL earns between $26,000 and $50,000 annually. This compares to the national average loan processor range of $28,000 to $50,000.
Average loan processor salary in Hoover, AL
$36,000
What are the biggest employers of Loan Processors in Hoover, AL?
The biggest employers of Loan Processors in Hoover, AL are: