Mortgage Loan Specialist I

We're committed to bringing passion and customer focus to the business.

Mortgage Loan Specialist I prepares and processes documentation for real estate loans to ensure they are closed in conformance with underwriting guidelines.

Essential Duties and Responsibilities

• Scans closed loan package into Encompass and indexes documents into correct folders for submission to investors.
• Prepares all transfer letters to borrowers, insurance, flood and PMI companies.
• Completes Freddie Mac information in system if applicable.
• Monitors for purchase by investor and sends purchase advice to investor.
• Transfers the MERS to the investor.
• Activates PMI if applicable.
• For FHA/VA loans, orders mortgage insurance certificate.
• Sends final documents to investor within 60 days of purchase.
• Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
• Performs other duties and responsibilities as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

• Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations
• Ability to write simple correspondence
• Ability to write routine reports and business correspondence

Education and/or experience

• HS Diploma/GED

Computer Skills

• MS Office programs

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.