Consumer And Construction Loan Processor

Position Summary

The consumer and construction loan processor is responsible for the management and processing of a consumer construction loan application pipeline. The incumbent supports the sales and operations functions of the consumer lending department through accurate, timely, and professional communication and record-keeping.

Essential Functions

• Responsible for collection, review, and ordering all required construction draw documentation.

• Evaluate all new loan documentation upon receipt to ensure accuracy and completeness.

• Review loan data in LOS to ensure accurate, complete and timely information has been entered by the loan officers.

• Compile and send loan disclosure packages and follow-up with borrowers to ensure timely receipt of signed disclosures.

• Contact borrowers to communicate approval status after initial underwriting has been completed, and signed disclosure received.

• Order appraisal, title, and other third-party services.

• Collect and review all loan documentation and review all loan conditions prior to re-submission to underwriting for final approval.

• Communicate with branch, mortgage sales and operations staff in order to maintain a high level of customer service.

• Support branch network by communicating mortgage loans status, policy, procedures and products.

• Maintain current knowledge of all industry and bank policies and procedures.

Additional Functions

• Perform modification activities when required.

Education and Experience

• Four year college degree preferred.

• Minimum 5 years residential/consumer mortgage processing/underwriting experience required.

• Excellent computer skills in a Microsoft Windows environment including proficiency in Word, Excel, and Outlook are required.

• Familiarity with Encompass and Navigator is strongly preferred

Knowledge, Skills, and Abilities

• Ability to calculate figures and amounts such as discounts, interest, commissions, and percentages.

• Ability to read, analyze, and interpret legal documents, governmental regulations, and professional publications.

• Ability to effectively present information and respond to inquiries from senior management, attorneys, vendors, government agents, and the general public; ability to write business correspondence.

• Ability to apply common sense understanding to carry out written and oral instructions. Ability to deal with problems involving several concrete variables in standardized situations.

• Ability to work independently with little supervision.

Physical Requirements

• Ability to sit for long periods of time up to 75% of work hours.

• Ability to use hands to grasp, handle or feel.

• Ability to use computer keyboard and system to enter data and process information.

• Ability to read a computer screen at a close distance.

• Ability to talk, hear, and see.

• Ability to use telephone to communicate with others.

• Ability to use office equipment such as teller scanner, personal computer, telephone, mobile device, copier, etc.

Working Conditions

• Moderate sound as in business office with office machines, computers, and people traffic.

Compliance

• It is the responsibility of each bank staff member and of management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable for understanding how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations.

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.

This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.

Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.

Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job, unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.