It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
Mortgage Loan Specialist II is responsible for one or more of the following duties: sends out closing instructions to closing agents, prepares closing disclosures, and funds loans; accepts lock requests from Mortgage Loan Officers and locks loans with investors; gathers, verifies and compiles application information for a mortgage loan, ensuring that the file documentation and data is complete and meets established guidelines.
Bilingual (Spanish-speaking)
Essential Duties and Responsibilities
- Acts as a liaison between the borrower, loan officer, underwriter, and loan closer.
- Collects required documents from applicants and follows up on missing items.
- Orders and reviews appropriate documents to ensure all paperwork is complete for loan.
- Checks appropriate data programs for accuracy and completeness of information.
- Accepts lock requests from MLOs, reviews for compliance with current pricing model, locks loans with Investors and obtains management approval for variances if needed.
- Works with MLO in expiring locks and for requests in extensions/modifications and requests changes with Investor.
- Reviews closing package and registers the loan with appropriate investors.
- Prepares loan funding and sends to accounting, and enters wire information into Jack Henry.
- Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
- Performs other duties and responsibilities as assigned.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Skills
- Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations
- Ability to write simple correspondence
- Ability to write routine reports and business correspondence
- Ability to present information in one-on-one and small group situations, to customers, clients and other employees in the organization
Education and/or Experience
- HS Diploma/GED
- 1-2 years mortgage processing preferred
- Experience closing, processing or shipping mortgage loan files is preferred.
Computer Skills
Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.