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NBT Financial Bank · 6 days ago

Mortgage Processor II

Fort Worth, TX

Full-time

Onsite

Mid Level

3+ years exp

NBT Financial Bank is a locally owned, independent community bank that emphasizes long-term relationships with its customers. The Mortgage Processor will be responsible for processing, underwriting, and closing TRID related loans while ensuring compliance with applicable laws and regulations.

BankingFinanceFinancial ExchangesFinancial ServicesPersonal Finance

Responsibilities

Communicate with potential borrowers to provide and accept TRID loan applications

Input complete TRID loan applications into the Calyx Software and update accordingly throughout the loan process

Accurately and timely prepare TRID package and other applicable disclosures

Understand and recognize the different phases of the loan application process (inquiry, regulation B application, and TRID application)

Understand the general credit and underwriting approval guidelines in order to advise the loan originator of products available to applicant(s) based upon initial application information

Understand the alternative credit guidelines for ITIN and no score applicant(s)

Must possess strong communication skills with potential borrowers and internal staff

Understand bank adverse action procedures and prepare denial, withdrawn, and approved not accepted packages for compliance review within required regulatory timeframes

Order and review credit reports. Understand how to identify potential red flags

Prepare necessary loan documents using Calyx, ordering from attorneys and/or PPDocs

Verify income and assets through verifications of employment and verification of accounts

Order tax transcripts and have the capability to compare to borrower(s) tax returns

Maintain and complete necessary checklists, worksheets, and timelines accurately and timely for proper file documentation

Order and review flood determinations. If applicable, provide appropriate notices and obtain flood insurance

Communicate with the Loan Operations Department to order appraisals and evaluations

Order title commitments and communicate with title companies to coordinate loan closings and obtain post-closing documents

Understand all aspects of initial escrow setup and escrow servicing

Understand High Price Mortgage Loan and High Cost Mortgage requirements and restrictions, if applicable

Understand the various types of Qualified Mortgages

Accurately and timely prepare initial Closing Disclosure/review and approve final Closing Disclosure from title company

Prepare and understand closing documents

Compare the closing disclosure to the applicable loan estimate to determine if all fees are within applicable tolerances and understand the process for providing a lender credit when necessary

Assist with loan closings, when necessary

Fund and upload new loans including escrow setup onto JHA Xperience

Accurately scan/image loan documents within 10 business days of closing to JHA Synergy

Service mortgage loans post-closing including necessary escrow disbursements, account statements and analysis

Understand how to deliver documents through an e-Sign compliant delivery method such as DocuSign or other third party provider the bank uses

Prepare loan modifications, as necessary

Assist and/or train other mortgage processing staff

Qualification

Mortgage processing experienceCalyx softwareMicrosoft OfficePPDocs softwareJack Henry & Associates XperienceMulti-taskingAttention to detailTime managementCommunication skills

Required

High school diploma or equivalent

At least three years previous loan and/or mortgage experience

Highly efficient in Microsoft Office

Preferred

4-7 year's loan and/or mortgage processing experience

Working knowledge of Calyx software

Working knowledge of PPDocs web based software

Working knowledge of Jack Henry & Associates Xperience software

Benefits

Community Involvement Program

Additional PTO by volunteering at qualified events

Company

NBT Financial Bank

In order to meet the banking needs of the residents and businesses located in the area, NBT opened for business in 1973 in the North Side of Fort Worth.

Founded in 1973

Fort Worth, Texas, USA

51-200 employees