Ephrata National Bank · 1 month ago
Sr. Residential Mortgage Loan Coordinator
Ephrata, PA, US
Full-time
Onsite
Mid, Senior Level
2+ years expEphrata National Bank is a financial institution seeking a Sr. Residential Mortgage Loan Coordinator. This role is responsible for delivering loans on the secondary market, managing Third Party Originations, and ensuring compliance with mortgage policies and procedures.
BankingFinancial ServicesInsurance
Responsibilities
Deliver closed loan files to secondary market investors, clear any exceptions/stipulations to assure timely purchase
Pay Guarantee fee/UFMIP/Funding fee and obtain Loan Note Guarantee/Mortgage Insurance Certificate/Loan Guarantee Certificate on government loans
Fulfill Quality Control requests from investors, mortgage insurance companies, auditors; respond to any findings
Act as liaison for Third Party Originators (TPO) and administer support for TPO Connect; Oversee all facets of incoming TPO loans including systems maintenance, note certification and review of closed loans for purchase, prepare and issue credit memos and purchase advices
Generate various daily, weekly and monthly reports
Process Loan Modification Agreements
Prepare updated aggregate escrow disclosures for Loan Operations
Process administration for HELOC and other applicable consumer products
Monitor mortgage pipeline to ensure key dates are met and loans are opened and post-closed in a timely manner which meets service standards and quality expectations
Provide second level escalation support for Residential Lending Loan Coordinators to promptly and proactively respond to questions, concerns and issues as they may arise
Process mail and eFaxes, order office supplies for Residential Lending Operations Department
Develop new and update current procedures to improve efficiency and ensure quality within the Residential Lending Loan Coordinator function
Collaborate and work effectively with other members of the management team, members of the Residential Lending Operations Team and other ENB employees
Maintain professional level knowledge of legal requirements and state and federal regulations that impact mortgage operations and functional responsibilities
Qualification
Required
High school graduate or its equivalency required
Two to three years of mortgage industry experience required
Sound judgment and problem solving abilities
Superior verbal and written communication skills
Ability to effectively prioritize and handle a number of demanding projects simultaneously
Must be able to maintain confidentiality and possess excellent communication skills
Familiar with various bank systems – document imaging and core system
Proficiency in Microsoft Outlook, Word, and Excel
Preferred
Bachelor's degree from an accredited college preferred
Experience working with various investors and agencies including FNMA, FHLB, FHA, USDA and VA preferred
Company
Ephrata National Bank
Ephrata National Bank is an independent community bank that provides personal and business banking services.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$20M2021-01-07Debt Financing· $20M
Leadership Team
J
Jeffrey Stauffer
President & CEO
Recent News
GlobalFinTechSeries
2022-04-20
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