Loan Processor

The position of Retail Loan Processor is responsible for performing necessary tasks to ensure accurate, compliant and complete loan files are submitted to underwriting for loan approval; and approved loan files are prepared for closing and submitted to the loan closer in a timely manner. The position of Retail Loan Processor is also responsible for processing adverse action loan applications and will serve as a back up to other Retail Loan Processing staff as needed.

• Provides distinctive customer service to internal and external customers by responding to loan processing related inquiries in a friendly, prompt and accurate manner.
• Verifies, compiles and inputs application information for secondary market mortgage loans and simultaneously originating home equity lines of credit. Reviews residential loan application file to verify that application data is complete and meets Bank and investor standards.
• Collects and deposits up front fees from customers according to regulatory guidelines.
• Evaluates, compiles and assembles loan documentation into correct format for submission for underwriting approval.
• Verifies accuracy of all information provided by customer including but not limited to credit and employment.
• Communicates with customer and any other appropriate parties to obtain property survey, appraisal, flood certification, evidence of hazard insurance, title commitment and insurance policy and any other necessary information to meet closing requirements.
• If required, inputs HMDA and/or CRA information as it pertains to each loan.
• Prepares file for closing and delivers to closer.
• Review pipeline report on a daily basis and maintains awareness of commitment expiration dates. If commitment dates are not met, promptly informs loan officer and Retail Loan Operations management as needed.
• Reviews loan documentation to ensure files contain correct and necessary documentation for sale in the secondary market and to meet department guidelines.
• Images various loan documents and supporting documentation into loan origination system or final storage image and filing systems.
• Follows up on post closing documentation of open conditions needed to complete delivery and resolves loan delivery problems.
• Processes withdrawn applications and denied loan applications.

Ensures that all loan files meet current Federal and State guidelines regarding compliance of RESPA, Regulation Z, Regulation B, MDIA, HMDA, ECOA, FCRA and GLBA.

MUST HAVE 1-2 YEARS EXPERIENCE!!

About Aerotek:

Aerotek, headquartered in Hanover, Md., is a leading provider of technical, professional and industrial staffing services. Established in 1983, Aerotek is an operating company of Allegis Group, the largest provider of staffing services in the U.S. Aerotek operates a network of more than 200 non-franchised offices throughout the U.S., Canada and Europe. For more information, visit .

Aerotek is acting as an Employment Agency in relation to this vacancy.