Sr. Mortgage Loan Processor

Overview

About This Role A Mortgage Sr Loan Processor, is a remote role that can be based in the state of MO, KS, or NE. The Mortgage Sr. Loan Processor ensures all residential loan files are packaged accurately and timely. As an experienced Mortgage processor, you work with and have comprehensive knowledge of the documents required for a conventional and/or government loans as well as all conforming and non-conforming loans.

You should be self-motivated, have strong time-management skills and be able to process a high volume of loans in a fast-paced work environment.

• Communicates with borrowers, loan officers, underwriters, and other interested parties to obtain required documentation and resolve conditions.
• Manage multiple loan files simultaneously while meeting service-level agreements (SLAs) and closing timelines.
• Index, label, and maintain loan documents to ensure files are complete, organized, and audit-ready.
• Analyze borrower income ranging from base pay (W-2s, paystubs, VOEs) to complex income scenarios, including self-employed borrowers, personal and business tax returns, K-1s, rental income, commission, bonus, overtime, and multiple income streams.
• Review asset documentation, source of funds, large deposits, credit inquiries, and letters of explanation for accuracy and compliance.
• Takes ownership through clear-to-close.
• Review underwriting conditions in detail to understand loan structure, requirements, and timelines.
• Order, track, and follow up on third-party services including appraisals, title work, surveys, etc.
• Validate income is within accordance with Fannie Mae, Freddie Mac, FHA, VA, and investor guidelines.

• High School diploma or general education degree (GED)
• A minimum of two (2) plus years' related work experience and/or training required
• A minimum of three (3) years' experience working in a financial or banking mortgage department a plus
• A minimum of three (3) plus years working with and/or comprehensive knowledge in conforming - non-conforming loans, Fannie Mae and Freddie Mac Guidelines, and any government and/or conventional, FHA or VA loans required
• Proficient PC skills in a Windows based environment required; mortgage-processing software a plus
• Detail oriented, minimal supervision, with excellent communication and analytical skills strongly preferred

Be a part of a growing company that is truly committed to its employees and clients. Consider joining the First Bank family. As a member of our family, you are part of one of the largest independent banks in the U.S. We are proud of our growth and success over the past 100 years and look forward to a bright and promising future.

At First Bank one of our biggest strengths is the diversity of our people. Our mission is to capitalize on the diversity of our associates and promote personal and professional development throughout every area of the organization. We encourage diversity by actively seeking employees from various backgrounds, walks of life, and job skills. We strongly encourage you to apply whenever a First Bank job opportunity interests you.

First Bank is a VEVRAA Federal Contractor and an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.

Attn:
Applicants interested in a San Francisco based position:
First Bank will consider qualified applicants with a criminal history in a manner consistent with the San Francisco Fair Chance Ordinance.

At First Bank, we embrace a hybrid work environment which allows employees to work at an alternative location depending upon the needs of their job and team. The in-office days are designed to inspire increased collaboration, development, productivity, and quick decision making.

The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to, prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the range below. The range is driven by the geographic location of our estimated hiring location;

however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance. A reasonable estimate of the current pay $29.00 to $34.00