First Federal Bank · 1 day ago
Secondary Market Mortgage Loan Processor
Dickson, TN
Full-time
Onsite
New Grad, Entry LevelFirst Federal Bank is seeking a detail-oriented and experienced Secondary Market Mortgage Loan Processor to join their team. This role is vital in managing the processing of mortgage loans for secondary market transactions, ensuring compliance with industry standards and regulatory requirements.
BankingFinancial ServicesLendingPersonal Health
Responsibilities
Review and verify loan documentation to ensure completeness and accuracy in accordance with FNMA and TILA regulations
Prepare and process loan packages for secondary market sale, including escrow and contract documentation
Conduct credit analysis and assess borrower financial information to determine loan eligibility
Coordinate with underwriters, loan officers, and other stakeholders to facilitate smooth loan processing
Ensure compliance with Fair Housing regulations and other federal/state lending laws
Manage loan processing workflows using 10-key typing skills and basic math for data entry and calculations
Assist in the preparation of loan files for sale or securitization, ensuring all required documentation is complete
Maintain detailed records of loan processing activities and communicate status updates to relevant parties
Support mortgage servicing functions as needed, including escrow management and document tracking
Qualification
Required
Detail-oriented and experienced in Secondary Market Mortgage Loan Processing
Strong background in mortgage servicing, loan origination, and financial services
Focus on FNMA guidelines and underwriting procedures
Review and verify loan documentation to ensure completeness and accuracy in accordance with FNMA and TILA regulations
Prepare and process loan packages for secondary market sale, including escrow and contract documentation
Conduct credit analysis and assess borrower financial information to determine loan eligibility
Coordinate with underwriters, loan officers, and other stakeholders to facilitate smooth loan processing
Ensure compliance with Fair Housing regulations and other federal/state lending laws
Manage loan processing workflows using 10-key typing skills and basic math for data entry and calculations
Assist in the preparation of loan files for sale or securitization, ensuring all required documentation is complete
Maintain detailed records of loan processing activities and communicate status updates to relevant parties
Support mortgage servicing functions as needed, including escrow management and document tracking
Knowledge of FNMA guidelines, fair housing regulations, TILA, and mortgage servicing standards required
Familiarity with credit analysis, contracts, escrow processes, and basic math skills necessary for accurate data handling
Strong understanding of mortgage industry standards combined with excellent organizational skills
Commitment to accuracy, compliance, and providing exceptional service within a fast-paced environment
Preferred
Prior experience in mortgage processing, underwriting, or loan origination within the financial services or banking industry
Experience working with loan officers or in a mortgage lending environment
Proficiency in 10-key typing and familiarity with mortgage processing software systems
Benefits
401(k)
401(k) matching
Dental insurance
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid time off
Retirement plan
Vision insurance
Company
First Federal Bank
First Federal Bank delivers personal banking, mortgage, business checking, loans, and financial services.
Founded in 1936
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase