Mortgage Clerk Job Description Sample

Requesting applications for skillful support candidates! Individuals in this role will be printing and mailing letters, sorting and distributing mail, and delivering supplies. Due to this position being located in their growing Mortgage Department the individual must be flexible to new processes and be able to make attendance a priority! Experience or background knowledge in the Mortgage or computers is a plus. Excellent organizational and learning skills are also highly attractive

• Strong 10 key Data Entry

• Flexibility to additional various general office tasks (i.e. printing, filing, etc.)

• Strong written and verbal communication through team and outside correspondence

• Attention to detail and patience with repetitive tasks

• Ability to work independently under minimal supervision

• Great attendance and punctuality on a daily basis.

• Experience in the mortgage industry is preferred APPLY TODAY - Please submit your resume to for review and consideration!

Employment Type: Temporary

Robert Half is hiring Mortgage Data Entry Clerks for one of our Fortune 500 banking and financial clients in Waterloo, IA. Job Title: Mortgage Data Entry Clerk Location: Waterloo, IA 50701 Hours: M-F 7am ? 4:30pm (Plus opportunities for overtime) Duties: - Review documents within Mortgage Loan Files. (Note, Mortgage, Title Policy, Assignments, Etc.)

• Data Entry.

• Perform file inventories for high volumes of files.

• Special Research projects as required
  
  Qualifications:
  

• Mortgage document familiarity preferred.

• Experience with Excel would be useful.

• Problem solving skills.

• Attention to detail skills.

• Ability to do repetitive work for long periods of time. - detail oriented and positive attitude.

• Ability to work well with others in a very strong team setting.

• Ability to push large carts of files and lift heavy boxes.

• Ability to be on feet for long periods of time.

• Learn how to use Lotus Notes to retrieve regular updates.

• Dependable and punctual.

• Must be detail oriented and have basic reading, writing, mathematical, lifting 35 lbs, standing for long periods and willingness to climb 4 step ladders. Dress Code is casual. This opportunity is a long-term temporary assignment with the potential to become a full-time position. For immediate consideration, please send an updated resume as a Word document attachment to include ?Waterloo Candidate? in the subject line. If this position is not a good fit for you, but you know of someone else who may be looking for work in the Waterloo area, please feel free to pass along my contact information.

Requirements
Robert Half is hiring Mortgage Data Entry Clerks for one of our Fortune 500 banking and financial clients in Waterloo, IA. Job Title: Mortgage Data Entry Clerk Location: Waterloo, IA 50701 Hours: M-F 7am ? 4:30pm (Plus opportunities for overtime) Duties: - Review documents within Mortgage Loan Files. (Note, Mortgage, Title Policy, Assignments, Etc.)

• Data Entry.

• Perform file inventories for high volumes of files.

• Special Research projects as required
  
  Qualifications:
  

• Mortgage document familiarity preferred.

• Experience with Excel would be useful.

• Problem solving skills.

• Attention to detail skills.

• Ability to do repetitive work for long periods of time. - detail oriented and positive attitude.

• Ability to work well with others in a very strong team setting.

• Ability to push large carts of files and lift heavy boxes.

• Ability to be on feet for long periods of time.

• Learn how to use Lotus Notes to retrieve regular updates.

• Dependable and punctual.

• Must be detail oriented and have basic reading, writing, mathematical, lifting 35 lbs, standing for long periods and willingness to climb 4 step ladders. Dress Code is casual. This opportunity is a long-term temporary assignment with the potential to become a full-time position. For immediate consideration, please send an updated resume as a Word document attachment to include ?Waterloo Candidate? in the subject line. If this position is not a good fit for you, but you know of someone else who may be looking for work in the Waterloo area, please feel free to pass along my contact information.

Employment Type: Temporary

Overview

Responsible for performing mortgage loan support services including assisting members with questions and completing basic accounting and clerical duties. Maintains departmental records and files and completes routine reports and records. Assists or refers members as necessary. May process payments and adjustments. May disburse PMI and MIP premiums. May quote and process payoffs. May prepare and record reconveyances and partial reconveyances. May set-up and complete new loan processes. May track and obtain proof of insurance as required on member loans. May pay property taxes on mortgage properties. May complete reporting requirements to secondary market investors.

Responsibilities
1.Assumes responsibility for effectively and efficiently performing mortgage loan support activities

a. Answers member questions regarding mortgage loans, payments, balances, and insurance requirements.

b. Processes payments from tellers including loan payoffs and adjustments.

c. Processes mail payments.

d. Completes investor reporting requirements. Records account data and disbursement of funds to investors. e. Set-up new loans.

f. Pay PMI and MIP Premiums

g. Receives hazard insurance declarations and premium bills. Sets up new files and disburses insurance premiums as scheduled. Corresponds with insurance agents.

h. Pay property taxes on mortgage properties.
2.Assumes responsibility for establishing and maintaining professional business relationships with members.

a. Resolves (or refers) requests and problems promptly and courteously.

b. Keep members properly informed of Credit Union policies and procedures.

c. Maintains confidentiality.

d. Maintains and conveys the Credit Union's professional reputation.
3.Assumes responsibility for establishing and maintaining effective coordination and communication with area personnel and with management.

a. Assists and supports area and all Credit Union personnel as needed.

b. Completes reports and records promptly and accurately.

c. Maintains departmental files.

d. Attend meetings as required.

e. Keeps management informed of area activities and of any significant problems.

Qualifications

Training/Education/Certification:

• High school graduate or equivalent.

Required Knowledge:

• Knowledge of mortgage loan servicing procedures and related laws and regulations.

• General understanding of mortgage loans and mortgage processes.

• General office skills.

• Basic understanding of accounting/bookeeping is preferred.

Experience Required:

• One to two years mortgage servicing experience with a full-service financial institution.

• Varied office experience.

Skills/Abilities:

• Excellent communication, telephone, and public relations skills.

• Accuracy and thoroughness in work.

• Ability to meet deadlines.

• Strong typing abilities.

• Excellent basic math skills.

• Well organized.

• Ability to work well in a team environment as well as independently.

• Professional appearance, dress, and attitude.

• Able to operate related computer applications and basic business equipment,

Position: H6 Mortgage Processing Clerk Temp

Reports To: Supervisor Mortgage Processing

EDUCATION and/or EXPERIENCE:

A high school education or GED.
1 year of banking or customer service experience.

ESSENTIAL DUTIES include the following. Other duties may be assigned as needed.

Assists in the processing of mortgage applications and supporting documents after origination until the time of closing to facilitate the successful completion of mortgage loans in an accurate and timely fashion by reviewing the appraisals to ensure that these are accurate, ordering appraisals as necessary, ordering flood certificates to document the properties flood status, requesting flood insurance coverage from the member, verifying member employment as directed using an FNMA form, and performing related clerical duties as directed.

Follows up to facilitate the loan application process by contacting members to request information or documents, working with the appraisal company to ensure that errors are noted and corrected, requesting additional research on title reports, contacting members to provide instructions on clearing liens that may appear on the title, and researching to ensure that leans are accurately noted.

Job Description: :

Job Description

Counsels individual borrowers to ensure that they acquire a loan product appropriate to their individual circumstances. Assesses with customer the best options for the customer's needs and makes recommendations.

Analyzes the prospective borrower's income and debt and pre-qualifies the borrower for an affordable mortgage. Counsels the borrower in the home buying and financing process, advises on the financial and long-term impact of various products. Provides disclosures to the borrower, including Loan Estimate.

Counsels and advises the borrower in understanding and clearing credit and other problems. Completes detailed applications at times and locations convenient to customers. Spends time outside of office in business development and consultation activities with borrowers, builders and realtors.

Is registered and maintains active, SunTrust sponsored registration in the Nationwide Mortgage Licensing System and Registry (NMLSR) and has been assigned a unique identifier number in compliance with the federal S.A.F.E. Act requirements.

Qualifications

Basic Qualifications:

• Eligible to manage or perform loan origination or servicing functions under Mortgage Investor or government agency guideline requirements.

• Satisfies regulatory requirements for holding the position, including determined by SunTrust to meet the qualification standards imposed by the Loan Originator Compensation rule of the Truth in Lending Act.

Preferred Qualifications:

• Two or more years of experience in residential mortgage lending with evidence of ability to self source and/or build referral partnerships

• Mortgage production volume of $1,000,000.00 (or greater) per month over the last twelve months

• Solid knowledge of the local market and regulations

Equal Opportunity Employer: SunTrust supports a diverse workforce and is a Drug Testing and Equal Opportunity Employer. SunTrust does not discriminate against individuals on the basis of race, creed, color, gender, religion, national origin, age, disability, veteran status, pregnancy, marital status, citizenship status, sexual orientation, gender identity, genetic information, or any other classification protected by applicable laws.

To review the EEO Poster, copy and paste the following link into your browser: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf http://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf

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Link for schema

• Must be licensed in 3 or More states
• Must go to office

Division: Home Lending

Department: Mortgage

Reports to: VP, Regional Sales Manager

Status: Non-Exempt

Grade: Base + Commission

Location: 61 Brookline Ave, Boston, MA

Purpose/Objective:

The Community Reinvestment Act (CRA) Originator is responsible for developing, implementing and administering all aspects of the Bank's Community Reinvestment Act Compliance Program in regards to mortgage lending throughout their designated assessment area.

Key Accountabilities:

• Establishes and maintains relationships with community based, charitable, and non-profit organizations. Develops and implements programs to programs to ensure the Bank meets the needs of the community and attains CRA compliance goals. Advises senior management and other Bank personnel of emerging CRA issues to ensure compliance directives are maintained.

• Originates mortgage loans, pre-qualifies borrowers, counsel prospective buyers to determine needs and match with appropriate bank programs. Ensures quality and timelessness of mortgage applications documentations. Follows up with applicants for information as needed.

• Maintains a network of outside and inside referrals sources, including individuals and organizations likely to produce mortgage referrals such as real estate brokers, attorneys, accountants, builders, financial planners and other business professionals.

• Continuously monitors personal pipeline, manages expected closing dates, provides timely accurate information to borrowers, closing agents, real estate brokers and appraisers to minimize customer service issues and provide overall quality customer service.

• Maintains comprehensive knowledge of Bank's mortgage and other company products and services; maintains general knowledge of mortgage industry, including maintaining and in-depth knowledge of State and Federal mortgage laws and regulations.

• Plans, coordinates and participates in activities that promote homeownership, including homebuyer seminars, home shows, broker's meetings and other home financing workshops. Maintains community involvement by serving on boards of organizations in relevant, bank approved areas to positively represent the bank in the local community.

• Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one's duties.

Must be eligible to be registered in the Nationwide Mortgage Licensing System & Registry for purposes of SAFE Act.

Education:

• High school diploma

• Some college preferred

Experience:

• 3 years residential lending sales experience

• Knowledge of secondary market experience

Skills & Knowledge:

• Superior sales skills

• Knowledge of laws pertaining to mortgages

• Strong interpersonal and communication (verbal/written) skills

• Basic computer skills

Position Summary

Responsible for the management of the bank's Mortgage Banking Department. Plan, organize and direct the department's staff and activities, i.e. origination, processing, underwriting, closing, post closing, marketing and quality control. Evaluate and respond to regulatory, market and competitive conditions. Oversee pricing, product development, investor and pipeline management, and the sale of mortgage loans on the secondary market. Prepare budget, production and performance reports

Essential Requirements, Duties, and Responsibilities

• Manages day-to-day functions of the mortgage lending department, including origination and operations functions, with the assistance of management-level direct reports.

• Directly supervises other associates, including interviewing, hiring, coaching, scheduling, counseling, motivating, training, preparing and delivering performance evaluations, preparing and delivering discipline, and terminating, when appropriate.

• Develops and implements best practices for the operations team including with respect to processing, underwriting, closing, and secondary market tasks to ensure efficient, highly effective mortgage banking operations

• Supervises the VP Mortgage Sales and Services and ensures achievement of production goals and growth of the mortgage portfolio through recruitment of successful mortgage originators and by attracting appropriate mortgage customers

• responsible for developing and accomplishing annual strategic initiatives directed at achieving the Company's overall strategic objectives.

• In coordination with CLO, develops and executes strategy for appropriate mix of portfolio and secondary market loans

• Ensures training and guidance to mortgage banking associates on all policy, procedures, and product compliance changes.

• Remains knowledgeable about and ensures compliance with applicable regulations and laws, including CRA, HMDA, Bank Secrecy Act, the Patriot Act, and TRID.

• Initiate, develop and oversee pricing, product development, investor and pipeline management, and sale of mortgage loans to the secondary market.

• Make credit decisions on loans based on established loan policy, guidelines of the bank (Non-Saleable and Private Banking mortgage products) and the secondary market.

• Develop and maintain pricing and fee structure that is consistent with the overall bank policy, budget projections, and regulatory requirements.

• Communicate with secondary market investors, government agencies, insurers and other vendors to assure quality and saleable loans.

• Maintain our loan origination system, other software and loan disclosures in compliance with regulations and secondary market guidelines.

• Monitor level of customer service and Realtor and Builder relations.

• Review files and insure compliance and secondary market guidelines and/or investor requirements are satisfied. Files are monitored by internal audit, compliance and the supervisor and repeated offenses will result in appropriate disciplinary action.

• Report to Senior Management on production and gains on sale on a quarterly basis. Provide additional reports as needed.

• Serve as a member of the Compliance Committee and assists in the development of policy and procedures.

• Establish and maintain Vendor Management evaluations and Disaster Recovery Procedures for the department.

• Adhere to the BRAVO Initiative by taking personal responsibility to deepen client relationships by developing cross-divisional partnerships and using the Encore system to record all client sales and service touches.

• Understands the Bank's BSA/AML Policy, including satisfactory completion of required annual BSA/AML training as applicable to position and appropriately applying this knowledge to daily activities and responsibilities, specifically understanding that any suspicious activity must be reported to the BSA Officer immediately.

• Perform other duties as assigned.

Educational & Other Requirements

• Must comply with federal requirements of the Secure and Fair Enforcement Mortgage Licensing Act (SAFE Licensing Act) and register in the nationwide system. Must also comply with any state requirements in those states in which the bank conducts business. Must not be prohibited from working in the mortgage industry for any reason.

• Bachelor's degree in business administration, economics or finance

• Seven or more years of mortgage lending experience and management

• Knowledge of secondary market guidelines for conventional, FHA, VA, USDA and other mortgage products.

• Experience with Microsoft Office suite

• Must be bondable.

• Review loans and accurately complete all data input into mortgage loan origination system for preparation to order closing documents.
• Issue accurate and complete closing documents to Title Company or closing agent within three days of scheduled closing date.
• Review CD for accuracy and compliance to all loan product parameters and issue CD Approval.
• Ensure accurate CD data is entered correctly into the Funding Template that results with a net funded wire being in balance.
• Order wires from approved warehouse bank in accordance with their loan level requirements.
• Utilize the Funding Checklist to review the funding package once it has been received from the title company.  Ensure information is entered correctly into the Funding Template that results with a net funded wire being in balance.
• Issue funding authorization after documentation has been reviewed and found to be correct.
• Ensure any trailing documents are collected and filed within the correct electronic mortgage loan origination system container for shipping to the investor.
• Other tasks and responsibilities as assigned.

• High school diploma or equivalent required.
• Minimum of 2 years of mortgage closing experience and knowledge of mortgage loan documentation required.
• Must have demonstrated PC proficiency, including knowledge of Microsoft Excel and Word.
• Experience using appraisal management systems preferred.