Senior Loan Administrator (Mortgage)

The position of Senior Loan Administrator plays an important role for the Bank. With responsibility for mortgage loan documentation and administration, the Senior Loan Administrator is a critical part of the Bank’s mortgage function.

The position of Senior Loan Administrator involves, among other responsibilities outlined below, most all administrative and documentation aspects of producing a mortgage loan, working with the Mortgage Loan Originators and other Mortgage personnel from the time a mortgage application is received until the loan is closed, paid off, and released.

RESPONSIBILITIES INCLUDE:

 Assemble, prepare and review early disclosure documents for residential mortgage loans and, if the loan is approved, the Senior Loan Administrator will prepare all loan closing documents, ensuring accuracy and compliance. Documents to be produced utilizing the residential mortgage modules of the LASERPRO documentation system.

• Review all documents for errors and confirm that pricing and program guidelines have been met.
• Serve as a point of contact between all parties in the real estate closing transaction including communication with the title company to gather all necessary information for accurate document preparation and the coordination of the closing date and time.
• Manage the funding and disbursement of assigned residential mortgage loan transactions.
• Handle routine administration of mortgage loan accounts (including the setup of automatic loan payments, monitoring and following up on all past due loan payments).
• Ensure the accurate and complete retention of all loan documents, responsible for imaging loan files in to the AccuAccount imaging system
• Assist with the production and maintenance of pipeline reports.
• Facilitate the transmission of loan files to the various auditing entities.
• Follow-up as required to obtain title insurance policies, recorded documents and other post-closing documents.
• Liaise between borrowers and personal bankers to encourage cross sell of other bank products as appropriate for the customer.
• Keep up-to-date and trained on bank’s procedures, required bank compliance training, and required Federal and/or State credentials related to mortgage lending activities.
• Provide back-up support to commercial loan administration staff when needed.
• Maintain a professional work environment, demeanor and business-like appearance.
• Adhere to all Federal and State laws and regulations applicable to the Bank.
• Adhere to all Bank policies and procedures.
• Perform other related duties periodically as required and assigned.