First Mid · 8 hours ago
Mortgage Operations Specialist
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Responsibilities
Preparation and delivery of documentation necessary for the origination of mortgage loans for the Bank's portfolio and investment quality secondary market mortgage loans which comply with bank, investor and regulatory guidelines.
Compliance review of closing files to meet multiple investor guidelines.
Maintains a strong working knowledge of federal and state regulations affecting residential mortgage lending in order to provide specialized expertise and support to loan personnel.
May assist with internal departmental audits when necessary identifying and resolving any issues.
Working with title companies to complete files, confirm wires and delivery of documents.
Maintaining relationships with third party vendors.
Assists loan officers and branch support personnel with questions regarding loan documentation, HMDA and general real estate lending.
Assists with the preparation of required documents for construction loans, vacant land loans and other closed end lines of credit.
This would include but not be limited to reviewing all supporting documentation, contacting loan officers or branch support personnel regarding any deficiencies, preparing and distributing required documentation.
Cross-sells bank products and services in a professional manner.
Completes required training associated with job function.
Performs other related duties as assigned.
Qualification
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Required
Preparation and delivery of documentation necessary for the origination of mortgage loans for the Bank's portfolio and investment quality secondary market mortgage loans which comply with bank, investor and regulatory guidelines.
Compliance review of closing files to meet multiple investor guidelines.
Maintains a strong working knowledge of federal and state regulations affecting residential mortgage lending in order to provide specialized expertise and support to loan personnel.
May assist with internal departmental audits when necessary identifying and resolving any issues.
Working with title companies to complete files, confirm wires and delivery of documents.
Maintaining relationships with third party vendors.
Assists loan officers and branch support personnel with questions regarding loan documentation, HMDA and general real estate lending.
Assists with the preparation of required documents for construction loans, vacant land loans and other closed end lines of credit.
This would include but not be limited to reviewing all supporting documentation, contacting loan officers or branch support personnel regarding any deficiencies, preparing and distributing required documentation.
Cross-sells bank products and services in a professional manner.
Completes required training associated with job function.
Performs other related duties as assigned.
High level of computer skills.
Good understanding of residential mortgage lending.
Must be able to work with a significant amount of detailed information in an accurate, timely and confidential manner.
High level of interpersonal skills to interact with customers, potential customers, real estate professionals, attorneys and other bank employees in a professional manner.
Adequate knowledge of both internal policies and procedures, investor guidelines and the respective state and federal laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment.
Preferred
Associates degree in Accounting, Finance or Business Administration preferred.
Prefer 5 years of advanced training in a financial institution or loan setting.
Encompass LOS user experience a plus.
TRID knowledge.
Company
First Mid
First Mid Bancshares, Inc. is a community-focused organization headquartered in Mattoon, Illinois.
Funding
Current Stage
Late StageTotal Funding
$1.11M2021-05-10Undisclosed· $1.11M
Recent News
St. Louis Post-Dispatch
2024-01-30
2024-01-30
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