Processor

Company: Member First Mortgage
Location: Grand Rapids
Posted on: January 8, 2021

Job Description:

At Member First Mortgage we pride ourselves on creating a unique working experience, as each team member genuinely matters to MFM and is the driving force for the success of the organization. Culture is of the utmost importance at Member First Mortgage; providing a flexible, family-oriented environment, while investing in each of our team members and encouraging growth within the organization. MFM aims at maintaining outstanding communication for our members and team members, in return creating a warm, welcoming environment. We highly encourage you to apply if you'd like to join the MFM family!Role:Responsible for providing clerical support for all mortgage loan processing activities. Obtains and verifies necessary information and prepares documents for underwriting and closing review.Essential Functions & Responsibilities:

• Reviews new residential loan application files to verify that application data is complete and meets Company standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment. Clarifies missing or questionable information and tracks development of information to ensure compliance with underwriting guidelines. Clears prior to funding conditions.
• Communicates status of loans to buyer, seller, realtor, credit union and title company. Resolves or refers requests and problems promptly and courteously.
• Calls or writes credit bureau and employer to verify accuracy of information.
• Records data on status of loans, including number of new applications and loans approved, canceled, or denied. Prepares monthly status report.
• Performs other related duties as assigned.Knowledge and Skills:ExperienceOne to three years experience in mortgage loan processing.EducationA high school education or GED.Interpersonal SkillsCourtesy, customer service, and tact are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.Other Skills
  • Understanding of the mortgage loan processing functions, including FHA/VA and conventional lending.
  • Knowledge of mortgage related requirements, procedures, and underwriting criteria.
  • Ten key calculator, typewriter and keyboard skills.
  • Good basic math skills.
  • Well organized.Physical RequirementsWhile performing the duties of this job, the employee is regularly required to sit, stand and walk. The employee must occasionally lift and/or move up to 10 pounds. The employee is frequently required to spend extended hours in front of a computer screen, to use hand to finger, to speak in and listen carefully on the telephone.Work EnvironmentWhile performing the duties of this job, the employee regularly works in an office setting.Disclaimer:Requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions. In no instance, however, should the duties, responsibilities, and requirements outlined be interpreted as all inclusive. Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.This Job Description is not a complete statement of all duties and responsibilities comprising the position.

Keywords: Member First Mortgage, Grand Rapids , Processor, Other , Grand Rapids, Michigan