Job Description

Who We Are Cadence is committed to serving the lifelong needs of our customers. That\xe2\x80\x99s a commitment made possible by our exceptional teammates. Our team members are what set us apart. Friendly, open, personable and committed to excellence, our teammates make up more than just a bank \xe2\x80\xa6 they make up our communities.
No matter where you are in life or where you\xe2\x80\x99re going, we may have the right career for you.
Competitive Benefits Cadence offers a competitive and comprehensive benefits package centered on the well-being of our teammates. Some of our benefits include medical, dental, vision, employee assistance program, life insurance, 401(k), Retirement Pension Benefits, parental leave, tuition reimbursement, and more.
What The Role Is
Under general supervision, the Mortgage Loan Assistant II is responsible for assisting the Mortgage Loan Originator in the origination of mortgage loans referred from BancorpSouth Bank branch personnel or outside sources. The loans consist of bank referrals and new loan referrals for both refinance and purchase money transactions.


How You will Make an Impact

• Counsel and advise borrower(s) on various loan programs.
• Review application, credit, program guidelines and automated underwriting for completeness and accuracy. Provide disclosures and request and/or gather required documentation from borrower(s) necessary to process credit file for underwriting approval. Collect fees from borrower(s) as required at the appropriate time, i.e. credit report fee, appraisal fee, etc.
• Order appraisal to determine value of collateral.
• Work with processor and underwriter to address any underwriting issues necessary to close the loan.
• Guide borrower(s) through the complex home financing process by working with the Bank Loan Officer, Realtor, appraiser, closing attorney, and other parties involved in the transaction.
• Monitor/manage pipeline: Meet closing deadlines, submit loan files to Compliance and maintain pipeline accuracy to meet the bank\'s requirements.

Who You Are

• Thorough understanding of all loan programs and closing costs.
• Good understanding of all agencies, including but not limited to FHA, VA, FNMA, USDA and portfolio underwriting guidelines.
• Be able to meet strict time deadlines and work independently under pressure. Detailed oriented and able to follow set guidelines.
• Excellent written and verbal communication skills.
• Be able to multitask and manage a pipeline of loans including meeting closing deadlines, submitting loans to compliance, and making sure their pipeline meets the banks requirements.
• Must qualify for NMLS Registration.
• Minimum 2 years mortgage loan experience.

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The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Cadence Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.