Mortgage Operations Specialist
Responsibilities include both your direct and indirect involvement
of timely processing, pre-underwriting, closing and funding of Conventional,
FHA, and Rural Development mortgage applications in compliance with Kaw Valley
State Bank and investor requirements.
Collects and reviews loan documents to satisfy
Ensures completeness of mortgage loan
Meets department service and quality standards.
Prepares the loan file for underwriting by
reviewing loan application; clarifying and obtaining additional information.
Confirms 1003 information by mailing
verification forms, contacting verification sources.
Provides proactive communication of loan status
to the Borrower, Realtors, and Originators
Reviews loan file to ensure all conditions of
loan approval have been met and signed off by underwriter.
Prepares the loan closing package to meet the
requested/required closing date.
Determines the required legal documents and
completes the loan closing instructions.
Reviews disclosures for accuracy and APR
Reviews Settlement Statement for accuracy,
tolerance cures and coordinates with title agent.
Ensures all At Closing Conditions and Prior to
Funding Conditions are met.
Reviews executed closing package for accuracy
prior to releasing loan funds.
Accurately and completely prepares documents for
Participates in cross training with other areas
of mortgage department.
Participates in special projects and handle
other duties as assigned.
Demonstrates professionalism in appearance,
punctuality, attitude, and grammar. Maintains a clean, organized work area.
Adheres to confidentiality policy, code of
ethics and follows all policies and procedures relative to Consumer Compliance
laws and regulations and best practice recommendations.
5+ years of mortgage processing or underwriting experience,
who currently uses the technology available to create efficiencies &
Experience with a large/corporate mortgage
Preference and aptitude for a more intimate work
environment in a rural, community bank
The candidate with this level of experience must
understand all loan products and be able to anticipate what underwriting will
ask for given the variables of the loan.
The most important piece (aside from the usual
top-notch processor, closer, funder attributes) is the desire to use technology
to the fullest, an aptitude to learn systems, and a willingness to work as team
to continually develop systems and processes to deal with the rigors of
3+ years of Conventional, FHA, VA, USDA loan
Demonstrated experience with paperless
Ability to facilitate the processing of mortgage
loan applications with TILA-RESPA Integrated Disclosures
Ability to maintain written status of documents
needed to clear approval conditions and communications with borrowers to obtain
Demonstrated ability to work in a demanding,
fast paced, team oriented setting
Knowledge of regulatory requirements, including
but not limited to Real Estate Settlement Procedures Act (RESPA)-Regulation X,
Truth-in-Lending Act (TILA)-Regulation Z, etc.
Proficient in Microsoft Office, including Word
and Outlook, and other mortgage software systems
Excellent oral and written communication skills
Excellent organization skillls
High school diploma or equivalent required;
college work or degree preferred
Current mortgage banking industry experience or
We are developing a team of specialized individuals willing to
take on the highly complex, ever-changing, heavily regulated demands of the
mortgage lending industry. This job description is intended to convey
information essential to understanding the scope of the job and the general
nature and level of work performed by jobholders within this job. This job
description is not intended to be an exhaustive list of qualifications, skills,
efforts, duties, responsibilities, or working conditions associated with the
position. Job duties are subject to change with or without notice.
How to Apply
Please send a resume and cover letter to:
Kaw Valley State Bank & Trust Co
Wamego, KS 66547
(785) 456-2021 ext 127
Kaw Valley State Bank is an Equal Opportunity Employer.