Previous Job
Previous
Sr. Loan Processing Specialist (SWBC)
Ref No.: 16-08595
Location: Dallas, Texas
SWBC has been recognized as one of the Best Companies to Work for in Texas and has an exciting opportunity for the right individual to join an energetic and seasoned team, with an established and expanding national firm.
Headquartered in San Antonio, SWBC is a diversified financial services company providing a wide range of insurance, mortgage, and investment services to financial institutions, businesses, and individuals. With offices across the country, SWBC is committed to providing quality products, outstanding service, and customized solutions in all 50 states.

SUMMARY

Prepares and processes mortgage loan files from application through approval; assures compliance with bank, regulatory and investor guidelines and customer service standards; communicates with customers, internal staff, title companies, and the like to respond to inquiries; and obtains all necessary documentations required for the file through approval.ESSENTIAL DUTIES
  • Prepares loan files that are semi-route in nature for loan submission to underwriting by inputting information into system, completing processing sheets, and prioritizing documents in the file, and preparing and mailing all required loan disclosures.
  • Reviews and verifies each file to ensure all information is correct and current and normally receives general instructions on routine work and on new assignments.
  • Orders credit reports, title commitments, surveys, and appraisals from the appropriate party and reviews for acceptability prior to submitting for approval.
  • Acts as a liaison between customers and all parties involved in the transaction and communicates with customers if any items are needed for loan submission and keeps them posted on loan status.
  • Submits files through automated underwriting for approval and completed loan packages to appropriate underwriter for final approval and validation.
  • Prepares approved loans for closing and coordinates closing with lenders, borrowers and title companies to include the reconciliation of money collected and disbursed and the completion of data on the HMDA screen.
  • Attends seminars, in-house training sessions, and/or reads mortgage publications to stay abreast of new loan product guidelines and processing procedures, including credit guidelines and underwriting requirements.
  • Sends verifications for deposits, employment, installment loans, mortgages and rentals, as required and participates in providing loan origination services as needed for customer call-ins.
  • Requests additional information from title companies, builders, Realtors and others by phone, fax, or letter when needed and prepares and mails Adverse Action Notices and updates Loan Origination System (LOS).
MINIMUM REQUIREMENTS
  • Must have a High School Diploma or equivalency.
  • State Licensing may be required by some states.
  • Must have at least one to three (1 – 3) years of mortgage processing or two to three (2 – 3) years clerical, administrative support, or related experience.
  • Must have a general understanding of Client and Freddie MAC guidelines and knowledge of VA and FHA preferred.
  • Must have a basic understanding of loan processing and closing policies, procedures, documents, underwriting requirements, governmental and agency requirements, terminology and automated processing systems.
  • Must have a basic understanding of credit policies and approval processes.
  • Must have strong analytical, problem solving, and organizational skills.
  • Must have good interpersonal skills to work well with loan officers and customers.
  • Must be able to work well under pressure and have excellent time management skills.
  • Must have well developed ability to manage multiple tasks/projects and deadlines simultaneously.
  • Must have good verbal and written communication skills.
  • Must have a working knowledge of general office equipment.
  • Must be able to type at least 60 WPM accurately.
  • Must be able to work under sometimes stressful conditions while maintaining professionalism and enthusiasm.
  • Must be able to lift 10- 20 lbs. of files or other loan documents.
  • Must be able to sit for long periods of time preparing and processing mortgage loan files.

ADDITIONAL INFORMATION

SWBC is a Substance-Free Workplace and requires pre-employment drug testing.

Please note, SWBC does not hire tobacco users.

SWBC offers an excellent employee benefits package that includes: 401(k) with company match, paid medical/dental health premiums for employees, Life, Long Term Disability, Accidental Death and Dismemberment, and Long Term Care insurance policies. SWBC also provides opportunities for professional growth.

ControlID: 14.234.89 SHR