American Bank & Trust - South Dakota · 3 months ago
Mortgage Operations Specialist
Sioux Falls, South Dakota, United States
Full-time
Onsite
Entry, Mid Level
2+ years expAmerican Bank & Trust - South Dakota is seeking a Mortgage Operations Specialist to support the mortgage lending process from application to loan servicing. The role involves ensuring accurate processing of loan files, timely communication with stakeholders, and compliance with investor and regulatory requirements.
BankingFinanceFinancial Services
Responsibilities
Process mortgage loan applications with accuracy and attention to detail
Verify borrower income, employment, assets, and other required documentation
Prepare, issue, and maintain compliance with all required disclosures, including initial disclosures, change of circumstance disclosures, and closing disclosures
Create, review, and balance closing disclosures and closing documents with title companies
Fulfill underwriting conditions in a timely and accurate manner
Order and track appraisals, title insurance, surveys, and other required third-party services
Ensure compliance with investor guidelines (e.g., FNMA) and federal/state regulatory requirements
Coordinate with title companies to ensure accurate closing packages
Prepare and process funding wires for closing
Deliver closed loans to investors and fulfill investor conditions for loan purchase
Prepare loan modifications, satisfactions, or other documentation to maintain servicer and investor security position
Loan collection, Loan Mitigation, and Foreclosure and liquidation for delinquent loans
Communicate, document and respond regarding mortgage servicing information requests or complaints: payment, escrow, payoff, etc
Serve as a key liaison between borrowers, Mortgage Loan Officers, underwriters, service providers, and internal teams
Provide support to Mortgage Loan Partners, the Mortgage Servicing Team, and the Mortgage Operations Manager
Maintain proactive communication to ensure smooth loan progress and timely resolution of issues
Ensure accuracy, timeliness, and compliance in all aspects of mortgage loan operations
Contribute to process improvement initiatives and operational efficiency
Perform other duties as assigned
Qualification
Required
High school diploma or
2+ years of mortgage loan processing, operations or related mortgage industry experience
Strong understanding of mortgage regulations, FNMA/FHLMC guidelines, and TRID compliance
Strong organizational and time management abilities
Excellent attention to detail and problem-solving skills
Proficiency in mortgage loan origination systems and Microsoft Office Suite
Clear verbal and written communication skills
Flexibility for peak lending periods may be required
Collaborative, team-oriented environment with cross functional interaction
Preferred
Associate or bachelor's degree in business, finance, or related field preferred
Company
American Bank & Trust - South Dakota
American Bank & Trust is your locally owned and managed financial partner, renowned for our skilled, professional, and friendly staff who uphold unwavering integrity.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Douglas Tribble
President and CEO
Lynn Schneider
Chief Executive Officer
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