Senior Mortgage Loan Processor

Company: Sandy Spring Bancorp
Location: Olney
Posted on: March 29, 2020

Job Description:

Senior Mortgage Loan Processor

About Us

Are you someone who seeks opportunity and has a true desire to grow your career with an organization that has enriched clients and communities for almost 150 years? If so, Sandy Spring Bank may be the perfect fit for you!

Sandy Spring Bank is a growing financial services company focused on creating remarkable experiences for our employees, clients, shareholders and communities. We are proud to be recognized by the Washington Post as a Top Workplace as well as by Forbes as the #1 Bank in Maryland. Our values run deep in integrity, relationship building and community outreach.

To help us attract the highest quality individuals, we offer a comprehensive benefits package to those who qualify. We offer competitive market salaries, paid time off, multiple retirement savings options, full health care options, life insurance, health/dependent care flexible spending accounts, career development opportunities, tuition assistance, and volunteer opportunities to name a few in making Sandy Spring Bank a desirable place to work and build a career.

About The Job

Sandy Spring Bank is currently recruiting for a Senior Mortgage Loan Processor. If you are the chosen candidate, you will be responsible for following established procedures, evaluating all information supplied on conventional and government residential loan applications. You will generally work on more complicated loan packages while providing assistance to junior analysts. You are responsible for maintaining a 18 Loan per month closing record.

Areas of focus:

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• Represents the Bank to clients in a courteous, professional manner, and provides prompt, efficient, and accurate service in person, by phone, or through mail.
  
• Receives mortgage loan applications from Mortgage Banker and initiates processing.
  
• Reviews application for completeness, reviews assets and liabilities as listed.
  
• Resolves routine problems with applicant; answers questions, clarifies points of confusion, and contacts applicant to obtain information necessary to proceed.
  
• Verifies advance disclosures. Verifies credit, employment, income and liabilities according to established procedures.
  
• Upon receipt of appraisal and title work, verifies to information provided on application. Runs AUS as necessary. Updates LOS to information received to ensure compliance with underwriting guidelines.
  
• Completes a final evaluation and analysis of the completed application package and prepares the file for submission to underwriting, specifying any applicable conditions to the credit decision.
  
• Notifies all applicable parties of underwriting decision.
  
• Maintains record of all loans in process and conducts weekly pipeline reviews with originator.
  
• Prepares commitment letter to applicant. Clears outstanding conditions. Schedules loan for closing. Submits file to Closing Department.
  
• Provides assistance to other analysts as needed. Trains new analysts in company policy and investor guidelines and in the methods used to process a mortgage application from start to finish.
  
  
  Required Skills:
  
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  • 6-10 years as a Mortgage Loan Analyst (Processor) in conventional and government lending.
    
  • A thorough knowledge of conventional and government mortgage processing at this level in order to handle more complicated loan packages.
    
  • Strong organizational skills to meet expected productivity standards.
    
  • Ability to communicate effectively to instruct and guide others.
    
  • Experience using personal computer systems such as spreadsheet and database applications.
    
  • Analytical ability is required in researching problems and providing possible solutions.
    
  • Work requires regular internal and external contact in furnishing and obtaining information. Tact and discretion in obtaining cooperation and understanding. Appropriate interpersonal skills needed to maintain a positive rapport with customers and co-workers.
    
  • Knowledge of Encompass strongly preferred but not required.
    
  • Work is under minimal supervision where independent judgment is required in the interpretation of existing policies and procedures
    
    
    Sandy Spring Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, disability, gender identity, veteran status or any other characteristic protected by law. We maintain a drug-free workplace.If you require a reasonable accommodation to apply for a position, please call our job line at 1-800-399-5919 and select option 5. Requests are considered on a case-by-case basis.

Keywords: Sandy Spring Bancorp, Olney , Senior Mortgage Loan Processor, Other , Olney, Maryland