Correspondent Loan Processor

Position Title: Correspondent Loan Processor 1
Business Unit: Mortgage Administration
Reports To: Manager of Correspondent Lending Operations

Position Overview:
This position is primarily responsible for receiving, validating, processing and inputting mortgage loan information supplied by the corporation's Correspondent Lending clients. The incumbent validates data in submitted files prior to submission to the underwriters and funders.

Primary Responsibilities:
Inputs data to mimic loan file submission in order to run compliance checks. Alerts operations if any loan fails to meet or does not pass compliance tests.

Reviews and validates manual loan registration requests and will interact with secondary marketing to confirm rate lock requests.

Monitors and reviews loan pricing or product discrepancies. Reviews all files in process for 30-day activity status and places follow up phone calls and e-mails pipeline inventory reports to the correspondent lender to determine status. Obtains any expired document updates.

Assists in requesting and receiving missing loan documentation such as flood certifications, hazard policies with correct endorsements or condo questionnaires. Informs underwriters that documents are received and places file back in underwriting queue.

Works closely with the correspondent lending managers in client services disseminating information including rate sheets, marketing material and lender application packages to potential and newly created client base.

Assists in monitoring TPO client performance through reporting mechanisms. Assist in creating score cards on all correspondent purchase loans. Provides and assists in a smooth customer transition from the originating lender to F.N.B. Corporation.

Functions as an internal representative to provide excellent customer service to TPO clients fielding a variety of customer inquiries from program guidelines, pricing, loan scenario questions and procedural questions and assisting in obtaining QC performance follow up documentation.

Assists Correspondent Lending Manager and Manager of Correspondent Lending Operations in faxes, e-mails, scanning loan files for quality control and providing communication to correspondent when necessary.

Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Education:
BA or BS

Minimum Years Experience:
1

Special Skills:
Detail-oriented
Excellent communication skills, both written and verbal
Excellent organizational, analytical and interpersonal skills
Ability to use general office equipment
Ability to use a personal computer and job-related software
MS Word - Basic Level
MS Excel - Basic Level
MS PowerPoint - Basic Level
Experience in a title, processing, quality control or accounting position in lieu of college degree

Experience with Mortgage Bot, Uni-Form and Genesis. Familiarity with loan documentation helpful

Special Licenses and Certificates:
N/A

Physical Requirements:
N/A

Equal Employment Opportunity (EEO):

It is the policy of FNB not to discriminate against any employee or applicant for employment because of his or her race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, or status as a protected veteran. FNB provides all applicants and employees a discrimination and harassment free workplace.