Function: Interact with customers requiring assistance in the lending area: discuss loan products, hand out appropriate applications and disclosures, and coordinate appointment schedule for lender(s). Assist lender(s) with loan documentation, file assembly, loan closings, and other lending related functions.
Applicants must have the ability to support both the Ellsworth and Bar Harbor based mortgage lenders.
Assists borrowers by discussing loan products, handing out appropriate applications and disclosures, helping them to complete loan applications and other loan related documents;
Inputs or imports loan data into mortgage systems up to issuance of necessary initial disclosures;
Inputs/processes consumer loan applications in online system;
Assembles and reviews loan files and other necessary loan documentation for pre-underwriting, pre-closing, and post-closing accuracy;
Processes disbursements and funding post-closing;
Scanning and indexing of all loan documents;
Processes loan payments and lines of credit advances;
Prepares construction monitoring worksheet; monitors and processes advances for construction loan; provides lender updates on construction progress and available funds; Coordinates construction loan inspections; tracks and maintains information for 1099 reporting;
Assists lenders in obtaining credit reports and research other information necessary for loan request;
May schedule loan closings, coordinating with loan services, and may close loans in absence of lender;
Schedules appointments and prepares correspondence for lenders including renewal letters and modification worksheets;
Maintain understanding of current lending compliance regulations, Secondary Market guidelines, and bank's credit policy and underwriting requirements
Performs other duties as requested.
EDUCATION, TRAINING, AND EXPERIENCE:
High school degree or equivalent.
Extensive customer service skills along with computer experience.
Previous banking or real estate mortgage experience a plus.
Must have ability to become NMLS registered.
First Bancorp, Inc