
Mortgage Loan Processor
Review the mortgage loan application file and assist with input and updating of information in LOS. Validate the documents received for each file, verifying the accuracy and completeness of each document. Ensure all documentation is complete, accurate, verified and complies with regulatory, agency and company policies and guidelines. Order credit report, appraisal, title, homeowners and flood insurance or other documents and services, as applicable. Proactively communicate file status to Mortgage Loan Officer, and other staff as required to ensure excellent customer service and maintain current and accurate pipeline. Prepare and submit complete file to Underwriting for credit decision in timely manner to ensure closing date is met. Assist with obtaining any necessary closing conditions and coordinating the loan closing. Manage a pipeline of loans to meet company standards for quantity, quality, and best practice guidelines. Accurately calculate income for wage earner and self-employed borrower.
Minimum 3 to 5 years processing and/or mortgage experience required.
Knowledge of automated underwriting and agency guidelines including but not limited to FNMA, FHA, VA and USDA.
Imaging experience a plus
Time Management
MS Excel
MS Word
Record Keeping Skills
Verbal communication
Prioritizing skills
written communication
Problem-Solving
Adaptability and Creativity
According to JobzMall, the average salary range for a Mortgage Loan Processor in 8585 Fern Ave, Shreveport, LA 71105, USA is between $30,000 and $50,000 per year. This range is based on the salary information reported by employers in the area. The salary range may vary depending on the experience and qualifications of the applicant.
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BancorpSouth Bank is a bank holding company headquartered in Tupelo, Mississippi with operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas, and Illinois. In 2021 BancorpSouth Bank merged with Cadence Bank and NOW is Cadence Bank.

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