Summary:

Responsible for coordinating mortgage loan documentation with any third-party underwriter/administrator, manage the servicing and loss mitigation of the banks existing secondary market mortgage loans, and underwrite all consumer loans and credit cards within the guidelines of the Loan Policy.

Qualifications:

Education: Associates Degree or higher preferred.

Licenses/Certifications: None.

Experience: Two to five years of mortgage processing and consumer underwriting experience. Or equivalent combination of education and experience.

Essential Functions:

A: Job Specific:

• Liaisons with the mortgage TPA/provider to work mortgage loans through the process to completion. Includes ordering appraisals through the TPA portal, VA loans, communicating with the title company, obtaining homeowner/flood insurance, maintain updates.
• Review loans for accuracy prior to closing.
• Works with the TPA to close the loan, ensuring the deed and all relevant documents are correct.
• Works with the Title/Escrow agent.
• Adheres to the Sutton Bank Loan Policy for all consumer underwriting.
• Monitors all online credit applications and processes in a timely manner.
• Completes all appropriate documentation: Standard Credit Underwriting Form, Policy Exception Form, Adverse Action/Counter Offer Form, etc. for all consumer loans and credit cards.
• Follow the current Fannie Mae, FHLB or Freddie Mac procedures for servicing a delinquent loan.
• Work with bank's collection offer to produce any required loan packets/modifications when a borrower is past due.
• Monitors secondary market investor and MERS procedures and implements process changes as needed to ensure programs are compliant. Disseminates information and trains internal staff when applicable.

Knowledge/Skills/Abilities:

• The ability to communicate effectively and clearly, both in verbal and written communications.
• Excellent interpersonal skills.
• Strong knowledge of the business area that is being supported.
• Self-directed and motivated.
• The ability to manage multiple tasks.
• Excellent problem-solving skills.
• Ability to add, subtract, multiply and divide in all units of measure using whole numbers, common fractions and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
• Ability to deal with problems involving several concrete variable in standardized situations. Must be able to make sound decisions often in a stressful situation, according to established guidelines.

Sutton Bank is an Equal Employment Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity, pregnancy, disability or protected veteran status.