First National Bank · 1 day ago
Mortgage Loan Assistant I
Rapid City, South Dakota, United States
Full-time
Onsite
Entry Level
2+ years expFirst National Bank is a family-owned bank dedicated to providing exceptional service and innovative banking solutions. The Mortgage Loan Assistant I serves as a liaison between Loan Officers, Clients, and Processors to ensure all requirements are met to service client needs, facilitating smooth operations within the Mortgage Lending team.
BankingFinanceFinancial Services
Responsibilities
Reviews 1003 to make sure all necessary fields are completed
Thoroughly completes file contacts
Reviews disclosure tracking to confirm disclosure dates match actual dates disclosed
Confirms sufficient residency years, employer years, cash to close and other requirements
Contacts agents to determine if there is a title or a survey preference, if one is required or requested
Requests documents from all 3rd parties, such as realtors, insurance agents, CPA’s
Ensures disclosures are mailed or electronically delivered within their time parameters
Ensures required documentation is received by all parties in a timely manner, and follows up with appropriate parties as necessary to ensure signatures and completion
Follows up on appraisal assignments and title work and ensures timely return
Reviews lock, check subject property address, county, loan amount, LTV, escrow waivers, rate, borrowers names and FICO scores. Updates as necessary during the processing period
Communicates and updates the system by using all available resources to ensure tracking of all items for the Processor, Loan Officer, and Closer
Ensures documents in the file are complete, all required pages are included, and are legible or executed
Ensures items are placed in the unassigned folder for review by Processor
Submits a reviewed file to the Processor for completed review and preparation of files for underwriting
Provides regular updates to Loan Officers and Processors on the status of applications in progress
Monitors Loan Officer “pipelines” as assigned to ensures closing dates are met
Completes Adverse process for the Loan Officer within the system
Assists in preparation of closing and sales call reports (information to be provided by LO)
Other duties as assigned
Qualification
Required
Strong organization skills required to succeed in this role
Candidate must pass a pre-employment screening including credit history and criminal record check
Preferred
2+ years of experience in a processing or origination related role preferred
Preference given to candidates with administrative assistant background or with mortgage experience
Associates degree preferred, but not required
Working knowledge of DocuSign or ability to learn program
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation, Sick, and Holiday time
A competitive 6% 401k match
And more!
Company
First National Bank
FIRST NATIONAL BANK is offering banking products and services for checking, savings, personal & business loans.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase