Mortgage Credit Supervisor supervises mortgage credit analysts and monitors application procedures to ensure assignments meet established processes/standards. Reviews the analysis of current, new and renewed residential loans. Being a Mortgage Credit Supervisor ensures processing timelines and production targets are met. Makes recommendations for process improvement. Additionally, Mortgage Credit Supervisor requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Mortgage Credit Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. To be a Mortgage Credit Supervisor typically requires 3 years experience in the related area as an individual contributor. (Copyright 2024 Salary.com)
Are you looking for a new opportunity that offers career development / training, ability to work in a collaborative team environment, and provides great work / life balance?
Horizon Farm Credit is actively seeking a Mortgage Loan Processor, internally referred to as a Home & Land Processor to join our team.
Qualified candidate may work in the Westminster, MD, Winchester, VA, or Mechanicsburg, PA branch location. Our ideal candidate is an analytical individual with strong communication skills, ability to multitask, and flexible to a changing work environment.
POSITION SUMMARY : In this position, youwill prepare loan closing documents, close loans, disburse proceeds, procure collateral, complete file documentation and follow-up, and ensure procedures are followed to deliver loans with accurate and compliant legal documentation.
Processes / closes loan packages, typically ACA loans. You will close loans in accordance with District guidelines and legal documentation standards.
Areas of responsibility include :
Process, close, fund, and book all new loans and servicing actions according to applicable processing procedures and practices;
including : Prepare commitment, notes, lien Instruments, and other general loan documents that represent what is outlined in the stamped credit package.
Accurate data entry of PD / LGD / Collateral Values and other data to result in a loan booking that represents what is outlined in the stamped credit package.
Prior to loan closing, confirm loan conditions outlined in the stamped credit package are met and filed. Consult and confirm with Loan Officers, Underwriters, and other involved parties (management, attorney’s, etc.
to confirm loan actions are completed accurately. Confirm collateral is properly identified and secured with the loan documents;
which includes quality review of signatures, dates, and initials, and completing necessary follow up to have errors or omissions corrected accurately and timely.
Review of new or existing collateral documents to ensure and / or verify correct lien position. Communicate with loan staff to confirm accuracy of lien documents and address any discrepancies.
Complete accurate checks and other accounting related forms for proper funding. File all related documents timely, accurately, and consistently to ensure easy reference in the future by all staff.
Quality checking all of your work to ensure compliance and accuracy; maintaining satisfactory audit and QC review results.
Work with branch office staff to ensure all post-closing documents are submitted timely to the Collateral Vault when returned directly to the branch.
Education
Associate’s degree or equivalent experience in accounting, business, finance or related field.
Experience
Generally, one to eight years of experience with loan processing and documentation experience preferred or training / experience in banking, finance, or legal industries.
Skills
Salary Range : $40, - $52,, depending on previous experience.
Equal Opportunity Employer including veterans and individuals with disabilities.
Last updated : 2024-04-29
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