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Mortgage Loan Processor
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Full-time
- A Mortgage Loan Processor at Bank Iowa is responsible for reviewing real estate loan applications and analyzing file documentation to verify data is complete, accurate and meets regulatory and residential mortgage standards.
- Review the initial loan application for completeness and work with Mortgage Loan Officer to gather appropriate documentation required for loan approval, including ordering appraisal and title work.
- Review closed loan documentation and confirm that all closing instructions and conditions have been met, including execution of all required documents.
- Monitor rate lock expiration dates and electronically deliver files to the appropriate Investor/Agency within specified time frame.
- Minimum of 2 years processing experience, including Conventional, USDA and VA loans.
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