State Bank of Cross Plains
Overview
We are seeking a dedicated and detail-oriented Mortgage Production Specialist to join our team. In this role, you will play a vital part in managing the mortgage loan process from application to closing, ensuring a seamless experience for clients and internal teams. You will help facilitate efficient loan approvals while maintaining compliance with regulatory standards. Responsibilities
Loan Pipeline Management: Handle up to 50 loans in the pipeline simultaneously, ensuring timely and accurate processing of each loan. Application Review: Examine borrower data on applications, including URLA and supplemental information, to confirm accuracy and completeness. Follow up with clients to obtain any missing information or documentation. Loan Estimate Assistance: Assist in reviewing and updating the Loan Estimate (LE) before it is sent out by the Loan Officer (LO). Ensure compliance with any changes in circumstances and
Re-disclose When Necessary . CIP/Patriot Act/Portfolio Information: Obtain and update contact information and identification details for all borrowers, ensuring compliance with regulations.
4506-C Form Processing
- Request tax return forms and transcripts from borrowers when needed, and coordinate with the processing stage to ensure accurate documentation. Encompass System Management: Ensure the lender checklist is completed within Encompass, review NOI letters, and manage credit bureau reports to address discrepancies or alerts. Automated Underwriting System (AUS): Verify accuracy of AUS findings and update information if changes are significant. Re-run AUS as required.
Compliance Reviews
- Monitor Mavent reports and address any fails or compliance issues. Document explanations and comments as needed. Property and Title Verification: Review real estate tax bills, verify ownership, and ensure accurate entry of monthly tax amounts. Order and review title work, flood certificates, and condo loan documentation. Communication and Documentation: Use milestone comments to communicate loan status and compliance-related notes. Review and update appraisal values, and maintain other required documentation. Regulatory and Documentation Integrity: Maintain compliance with all applicable regulations throughout the loan process. Qualifications
Experience in mortgage loan processing from application to closing, with ability to manage a multi-loan pipeline. Familiarity with borrower documentation such as URLA and related supplemental information. Proficiency with Encompass or similar LOS, and ability to manage lender checklists, credit reports, NOI letters, and AUS findings. Knowledge of 4506-C form processing and 4506-T as applicable, and ability to request tax returns/transcripts when needed. Understanding of regulatory requirements (CIP/Patriot Act) and ability to maintain compliance documentation. Attention to detail, strong communication skills, and ability to interact with clients to obtain missing information. Ability to work full-time and contribute to a team-focused environment. We value a diverse workforce and are an Affirmative Action/Equal Opportunity Employer. Minorities, females, veterans, and individuals with disabilities are encouraged to apply. State Bank of Cross Plains provides reasonable accommodations to apply for or perform a job. For accommodations, please contact Human Resources at (608) 849-2700 or email us.
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We are seeking a dedicated and detail-oriented Mortgage Production Specialist to join our team. In this role, you will play a vital part in managing the mortgage loan process from application to closing, ensuring a seamless experience for clients and internal teams. You will help facilitate efficient loan approvals while maintaining compliance with regulatory standards. Responsibilities
Loan Pipeline Management: Handle up to 50 loans in the pipeline simultaneously, ensuring timely and accurate processing of each loan. Application Review: Examine borrower data on applications, including URLA and supplemental information, to confirm accuracy and completeness. Follow up with clients to obtain any missing information or documentation. Loan Estimate Assistance: Assist in reviewing and updating the Loan Estimate (LE) before it is sent out by the Loan Officer (LO). Ensure compliance with any changes in circumstances and
Re-disclose When Necessary . CIP/Patriot Act/Portfolio Information: Obtain and update contact information and identification details for all borrowers, ensuring compliance with regulations.
4506-C Form Processing
- Request tax return forms and transcripts from borrowers when needed, and coordinate with the processing stage to ensure accurate documentation. Encompass System Management: Ensure the lender checklist is completed within Encompass, review NOI letters, and manage credit bureau reports to address discrepancies or alerts. Automated Underwriting System (AUS): Verify accuracy of AUS findings and update information if changes are significant. Re-run AUS as required.
Compliance Reviews
- Monitor Mavent reports and address any fails or compliance issues. Document explanations and comments as needed. Property and Title Verification: Review real estate tax bills, verify ownership, and ensure accurate entry of monthly tax amounts. Order and review title work, flood certificates, and condo loan documentation. Communication and Documentation: Use milestone comments to communicate loan status and compliance-related notes. Review and update appraisal values, and maintain other required documentation. Regulatory and Documentation Integrity: Maintain compliance with all applicable regulations throughout the loan process. Qualifications
Experience in mortgage loan processing from application to closing, with ability to manage a multi-loan pipeline. Familiarity with borrower documentation such as URLA and related supplemental information. Proficiency with Encompass or similar LOS, and ability to manage lender checklists, credit reports, NOI letters, and AUS findings. Knowledge of 4506-C form processing and 4506-T as applicable, and ability to request tax returns/transcripts when needed. Understanding of regulatory requirements (CIP/Patriot Act) and ability to maintain compliance documentation. Attention to detail, strong communication skills, and ability to interact with clients to obtain missing information. Ability to work full-time and contribute to a team-focused environment. We value a diverse workforce and are an Affirmative Action/Equal Opportunity Employer. Minorities, females, veterans, and individuals with disabilities are encouraged to apply. State Bank of Cross Plains provides reasonable accommodations to apply for or perform a job. For accommodations, please contact Human Resources at (608) 849-2700 or email us.
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