Mortgage Loan Processor

The role

The Mortgage Loan Processor works with loan originators to process mortgage loans. The role involves reviewing applications for accuracy, acquiring necessary documents, and submitting files to underwriting.

What you will do

• Calculates principal, interest and closing cost amounts and notifies the borrower accordingly
• Prepares mortgage loan files by reviewing loan applications and clarifying and/or obtaining additional information
• Confirms mortgage loan application information by corresponding with verification sources
• Obtains mortgage loan documentation by ordering credit reports, land surveys, building appraisals, titles and related information
• Identifies mortgage loan application and documentation problems by highlighting deficiencies and notifying the mortgage loan underwriter and/or mortgage loan supervisor accordingly
• Disclose new loans, issue COC’s and complete the set up function of their loans

Required qualifications

• Recent experience in the mortgage industry as an assistant, loan processor or loan officer
• Knowledge of lending terminology and the ability/experience speaking with borrowers regarding lending requirements
• Experience processing conventional, FHA and VA loans
• Proven customer service ability
• Microsoft office software suite (Word, Excel, PowerPoint, etc)
• Encompass
• Excellent oral and written communication skills

Benefits

• Medical
• Dental
• Vision
• Company Paid Life Insurance
• Disability Insurance
• Company Contributions to your 401k
• Paid Parental Leave
• Employee Recognition Program
• Leadership Program
• Tuition Reimbursement Program
• Employee Bank Checking Account
• Generous Paid Time Off and Paid Holidays including Paid Charity Hours

About the company

Capital Bank N.A. is headquartered in Maryland and has been serving communities since 1999. It is a publicly traded company with over $3 billion in assets offering commercial and consumer banking services.