Job Description

Review initial loan application for completeness and ensure that initial loan disclosures are accurate and timely in regards to TRID requirements. Review initial loan submissions to ensure that all required loan documentation is provided by the loan officer, or work with loan officer to acquire all necessary documents, prior to submitting loan to processing. Prepare daily updates and send out communication to Mortgage Loan Officers and/or Loan Officer Assistants. Manage a pipeline of loans and maintain timely and compliant flow of such loans through the process. Ensure all work is performed within company defined standards and guidelines. Monitor and ensure contractual dates and company deadlines are met. Keep abreast of changes in policies and procedures, standards and regulations applicable to the company and the mortgage industry. Understand and apply local, state and federal regulations related to processing mortgage loans. Comply with all Home Loan Division Policies and procedures. Verify the data collected and determine whether it meets guidelines or if other documentation is needed; document communication through the conversation log; ensure loan application is in compliance with underwriting, investor, RESPA and HMDA guidelines. Calculate income and review assets and liabilities for adherence to published guidelines and formal underwriting decisions based on loan program borrower is applying for. Monitor rate lock information for data integrity and expiration dates; communicate discrepancies to the Loan Officer. Perform other related duties as assigned.




Opportunity Bank of Montana is an equal opportunity employer. It is the policy of Opportunity Bank to provide equal employment opportunity within the Bank and motivate cooperation toward the goal of hiring and promoting available qualified personnel without regard to their race, gender, color, national origin, sex, age, religion, disability, veteran status, marital status, sexual orientation, or any other legally protected status.

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Behaviors

PreferredEnthusiastic: Shows intense and eager enjoyment and interest Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.