Job Summary
- Company
- Century Bank
- Location
- Medford, MA 02155
- Industries
- Banking
- Job Type
- Full Time
- Employee
- Years of Experience
- 2+ to 5 Years
- Education Level
- High School or equivalent
- Career Level
- Experienced (Non-Manager)
Mortgage Processor
About the Job
Century Bank is the leading independent bank in Massachusetts. Founded over 40 years ago, Century serves individuals, businesses, and institutions at 22 branches in the Greater Boston area. Our mission is to offer our customers the highest level of personalized service while providing superior products and competitive pricing. This is an exciting time to be working at Century. With more than $1.8 billion in assets, Century is profitable, well capitalized, intends to remain independent and on an expansion path. Our continued growth presents many employment opportunities, and we are committed to attract and retain a quality workforce.
Currently, we are searching for an enthusiastic individual to join the Century team.
Overview:
Perform a variety of duties in the mortgage department including processing applications and preparing closing packages
Responsibilities:
- Process mortgage application
- Input mortgage application into MortgageWare
- Maintain mortgage file and monitor for appropriate documentation
- Order appraisal report
- Send approval request to PMI company, if necessary
- Process, close and fund Fannie Mae loans through Desktop Underwriter
- Send loan to Loan Operations for booking
- Prepare mortgage closing packages
- Schedule closing date with attorney
- Complete closing checklist
- Input all information on MortgageWare as necessary for closing documents
- Review HUD Settlement Statement for accuracy
- Send closing package to attorney
- Review and prepare post-closing package for booking
- Review documents in post-closing package
- Prepare booking sheet
- Update HMDA Lar with new loans
- Report HMDA annually and update system as necessary
- Update yields on MortgageWare Treasury Yield and HOEPA Data
- Generate reports as necessary
- Perform additional duties as requested
- Monitor and/or ensure compliance with Federal and State laws and regulations; including but not limited to the Bank Secrecy Act and Anti-Money Laundering, in addition to, Bank operation policies and procedures.
Qualifications:
The qualified candidate will have at least three years of experience in mortgage origination and closing at a bank or at least five years of mortgage origination and closing at another financial institution. A high school diploma is also required. Attention to detail, follow-through, and excellent customer service skills are required. This person must also be able to meet deadlines and multi-task. In addition, candidates must be adept with computer programs including Microsoft Word and Excel and willing to learn, maneuver, and update new programs. Experience with the secondary market is a plus.
Now is the time to join Century Bank. You’ll find great benefits, a congenial working environment and multiple learning opportunities.For more information on Century Bank or to apply, please visit our website at www.century-bank.com.
Century Bank is an equal opportunity employer.
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Contact Information
Century Bank
400 Mystic Avenue
Medford, MA 02155
