Mortgage Loan Processor Position Available In DeKalb, Georgia

Job Description:

Position SummaryThe Mortgage Loan Processor position processesand reviews all residential mortgage files to ensure adherence toregulatory compliance, secondary market guidelines, governmentagency requirements, and Bank policy. The information received fromthe Loan Officer is examined for completeness and sufficiency.

Additional documentation is requested by Processor as necessary tocomplete the loan for underwriting. Once the loan is underwritten,this position obtains necessary documentation and information asrequired by the Underwriter, to insure the loan closes in theallotted time frame.

Duties & Responsibilities Organize and review initial information submitted withinallotted time frame. Order the credit report updates, title commitments,verifications, and other services required by the loanprogram. Contact applicable parties to obtain additional documentationwhen needed. This may include borrower, seller, real estate agents,attorneys, ect. Follow up, validate, and review verifications, appraisal, floodcertification, private mortgage insurance certificate, creditreport, HOA/Condo letters, home owners insurance, title work, andany other documentation required by the loan program. Communicateproblems and concerns with the Loan Officer and Underwriter. Calculate monthly income and debt, debt-to-income ratios,loan-to-value ratios, and sufficient funds to close withappropriate reserves as required by the loan program andinvestor. Upload all verified documentation into the loan originationsystem. Follow all investor and specific loan program guidelines. Field phone calls from mortgage customers and formulate theappropriate action needed to help them and enhance theirrelationship with Busey Bank. This includes assisting the LoanOriginator with promoting Busey products to meet cross-sellgoals. Assist the Loan Officer, Underwriter, and Closer with QC auditviolations or any Post-closing investor corrections.

Education &ExperienceKnowledge of:

Strong oral and written communication skills Secondary market guidelines Regulatory compliance Bank policies Strong organizational skillsAbility to: Maintain confidentiality of customer information. Analyze information and make independent decisions Perform duties under frequent time pressures Solve problems independently while applying logic anddiscretion

Education and Training:

Requires High School diploma. Requires 2 or more years of related banking experience. 2 or more years of experience in Loan Processing(CONV/FHA/VA/USDA) preferred. Requires previous experience in processing and underwriting allloan types. Requires knowledge of Microsoft Office.

Benefits andCompensationSalary offered is based on factors, including but notlimited to, the job duties, required qualifications and relevantexperience, and local market trends. The role may be eligible forbonus or incentives based on company and individualperformance.(

Base Pay Range:

$19.50-$23.90/hour)Busey provides acompetitive Total Rewards package in return for your time, talents,efforts and ultimately, results. Your personal and professionalwell-being-now and in the years to come-are important to us.

Busey’s Total Rewards include a competitive benefits packageoffering 401(k) match, profit sharing, employee stock purchaseplan, paid time off, medical, dental, vision, company-paid lifeinsurance and long-term disability, supplemental voluntary lifeinsurance, short-term and long-term disability, wellness incentivesand an employee assistance program. In addition, eligibleassociates may take advantage of pre-tax health savings accountsand flexible spending accounts. Visit Busey for moreinformation.

Equal OpportunityBusey values a diverse and inclusiveworkplace and strives to recruit, develop and retain individualswith exceptional talent. A team with diverse talent, workingtogether, is essential to Busey’s commitment of delivering serviceexcellence. Busey is an Equal Opportunity Employer includingDisability/Vets. Visit to learn more about Busey’s EqualOpportunity Employment.

Unsolicited ResumesBusey Bank, and itssubsidiaries, does not accept any liability for fees for resumesfrom recruiters or employment agencies (“Agency”), without abinding, written recruitment agreement between Busey and Agencydescribing the services and specific job openings (“Agreement”).Busey may consider any candidate for whom an Agency has submittedan unsolicited resume and explicitly reserves the right to hirethose candidate(s) without any financial obligation to the Agency,unless an Agreement is in place. Any email or verbal contact withany Busey associate is inadequate to create a binding agreement.

Agencies without an Agreement are requested not to contact anyassociates of Busey with recruiting inquiries or resumes. Buseyrespectfully requests no phone calls or emails.

Required Preferred Job Industries Other