Full Time Mortgage Processor in Denton, TX.

Exempt: No

Department: Mortgage Division

Reports To: Loan Officer / Lead Processor

Location: Denton

 

GENERAL DESCRIPTION OF POSITION

Obtain, compile and interpret required documentation for residential loans to be submitted for approval.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  1. Secures verification of all information as reflected on the application and directed by the loan officer.
  2. Prints all loan package documentation and forms.
  3. Furnished status reports to departmental management.

Compiles all necessary documents for loan approval including PMI, VA, FHA, Investor, and permanent

loan file requirements.

4.

  1. Maintains records necessary to department for reporting purposes.
  2. Communicates with borrowers, builders, and realtors on the status of their loan file.
  3. Verifies that all incoming documents are sufficient for qualifying the applicant.
  4. Performs other related duties as assigned.

Communicates with loan officers/managers as to file acceptance or any additional information required or

problems that need attention.

9.

Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned

satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

High school, plus specialized schooling and/or on the job education in a specific skill area; E.G. data processing,

clerical/administrative, equipment operation, etc, plus 12 to 18 months related experience and/or training. Or

equivalent combination of education and experience.

COMMUNICATION SKILLS

Ability to read and understand documents such as policy manuals, safety rules, operating and maintenance

instructions, and procedure manuals; Ability to write routine reports and correspondence. Ability to effectively

communicate information and respond to questions in person-to-person and small group situations with

customers, clients, general public and other employees of the organization.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area,

circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical

situations.

ANALYTICAL ABILITY / PROBLEM SOLVING

Moderately directed. Activities covered by wide-ranging policies and courses of action, and generally directed as

to execution and review. High order of analytical, interpretative, and/or constructive thinking in varied situations.

USE OF MACHINES, EQUIPMENT AND/OR COMPUTERS

Regular use of highly complex machines and equipment; specialized or advanced software programs.

ACCURACY

Probable errors would not likely be detected until they reached another department, office or patron, and would

then require considerable time and effort to correct the situation. Frequently, possibility of error that would affect

the organization’s prestige and relationship with the public to a limited extent, but where succeeding operations or

supervision would normally preclude the possibility of a serious situation arising as a result of the error or

decision.

PUBLIC CONTACT

Frequent contacts with general public, patrons, or other outside representatives, wherein the manner of handling

these contacts has a bearing on the organization’s position and operation.

EMPLOYEE CONTACT

Contacts with other departments or offices and also frequently with individuals in middle level positions;

consulting on problems which necessitate judgment and tact in presentation to obtain cooperation or approval of

action to be taken. Also, important contacts with associates as required in advanced supervisory jobs.

REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

SOFTWARE SKILLS REQUIRED

Intermediate: Spreadsheet, Word Processing/Typing

Basic: 10-Key, Database

ADDITIONAL INFORMATION

Ability to interpret applications, loan documents and all types of financial information

Ability to make mathematical calculations accurately

Ability to be versatile, work under pressure, and work closely and effectively with other employees.

Requires understanding of investor requirements, especially FNMA, FHA, & VA