Senior Mortgage Loan Processor (Troy, Traverse City or Grand Rapids, MI)

As a healthy, growing and thriving bank, we offer employees everything they need to flourish in the world of banking. That’s because we strongly believe our people are our strongest assets. From advancement opportunities to employee development, we invest in our people to be the best they can be. 

Troy, MI

Chemical Bank

<p><strong>Since 1917, Chemical Bank&rsquo;s home town approach to banking has been focused on community banking, highlighted by local leadership and decision making, a devotion to community and personalized service. We pride ourselves on being an Equal Opportunity Employer.<br /><br />As a Chemical Banker, you will join other professionals who share our community banking philosophy of making a positive impact where we live, work and play. You will be a part of a growing community bank that believes in the dreams of its customers and employees alike. With Chemical Bank, you will make a difference in your community while enjoying excellent benefits and top career opportunities. Visit our&nbsp;<a href="https://www.chemicalbank.com/careers/">Careers Page</a>&nbsp;for more information.</strong></p> <br /> <p>&nbsp;</p> https://www.chemicalbank.com/

keywords: summary,communication,communication,prepare,management,analysis,experience,knowledge,education,teamwork

Full-Time

Competitive Compensation and Benefits Package

Overview: </span></u></strong></p><p style="margin: 3.35pt 0in 0pt;"><span style="color: black;">A Senior Mortgage Loan Processor is responsible for the quality assembly of a completely documented residential mortgage application. She/he is the point of contact for the customer after initial application and acts as a liaison between the customer, loan originator, underwriter and closer. The Senior Mortgage Loan Processor collects documentation required to complete the mortgage application with the foresight and knowledge of underwriting requirements, agency and company guidelines. She/he will review underwriting conditions, obtain additional requested documentation necessary for a final approval and prepare the loan for closing. She/he will communicate effectively and professionally with all parties both internal and external. </span></p><p style="margin: 12pt 0in 0pt;"><strong><u><span style="color: black; font-size: 12pt;"><br/><br/>
Responsibilities: <ul> <li>Review all data on the URLA 1003 application and process Credit Package - Income, Asset, Title and all other supporting documentation obtaining any missing information.</li> <li>Responsible for ordering required 3rd party verifications/documentation including but not limited to Credit Supplements, written verifications of employment, assets, mortgage/rent, verbal VOE&rsquo;s, HOA Certifications, etc.</li> <li>Responsible for the validation of documentation to meet regulatory, agency and company requirements.</li> <li>Submission of complete quality loan applications to underwriting within established timeframes.</li> <li>Gather and process underwriting conditions to submit for CTC (Clear To Close) and prepare loan for submission to closing within established timeframes.</li> <li>Responsible to provide the customer with timely and periodic status updates</li> <li>Participate is weekly pipeline reviews with assigned origination partners</li> <li>Effectively manage pipeline to meet established timeframes and key performance indicators for production, cycle time and quality. Meet purchase contract dates, rate lock expirations and maintain accurate estimated closing dates.</li> </ul> <p style="margin: 5.75pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 5.75pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 5.75pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 4.25pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 9.5pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 4.25pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 4.25pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <h2 class="iCIMS_InfoMsg iCIMS_InfoField_Job">&nbsp;</h2> <div class="iCIMS_InfoMsg iCIMS_InfoMsg_Job">&nbsp;</div>
Requirements: <ul> <li>High school diploma or equivalent required</li> <li>3 - 5 Years&rsquo; experience in function</li> <li>3 - 5 Years&rsquo; experience in industry</li> <li>Knowledge of various programs including Conventional, FHA, VA, MSHDA, RD and Construction</li> <li>Proficient Automated Underwriting Systems (AUS)</li> <li>Working knowledge for validation of credit, income and asset documentation, appraisals, flood certifications, title work, and home owners insurance to meet all requirements</li> <li>Effective listening, verbal and written communication skills</li> <li>Ability to manage multiple priorities</li> <li>Flexible with the ability to work in a fast paced ever changing industry and to thrive in a team environment</li> <li>Strong customer service skills</li> </ul> <p style="margin: 6pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 4.25pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 6pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 4.25pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 4.25pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 5.75pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 4.25pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 4.25pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 4.25pt 0in 0pt;">&nbsp;</p> <p>&nbsp;</p> <p style="margin: 19.6pt 0in 0pt;">&nbsp;</p>