Mortgage Loan Assistant

Job Summary

This position provides support to Mortgage Bankers which includes administrative support to ensure accuracy of system applications along with high level of detail while managing multiple tasks and frequent interruptions. Mortgage Loan assistant is responsible for efficiently processing real estate loans in accordance with Dacotah Bank policies, procedures, and regulatory guidelines. Will assist in gathering and verifying approval stipulations such as verifying income and other conditions as deemed necessary by underwriting. Assistants are also responsible for customer service, loan request preparation and follow up with partners while ensuring timely communication within the SLA's. Must be able to work effectively with minimal supervision.

Essential Functions

• As an integral part of the sales team, will work with borrowers, lenders, mortgage specialists, processors, and other third-party vendors.
• Provide a variety of administrative, operational and customer service assistance for the assigned real estate department.
• Always delivers excellent customer service. Helps facilitate loan processes from initiation through closing.

For secondary market:

• Review URLA application for accuracy and program requirements. This would include thorough review of borrower's credit, employment history, assets, residency, and any potential red flags.
• Verify all required documentation is in the file according to checklist.
• Assist with Pre-Qualification pipeline management for Mortgage Bankers.
• Maintain contact with all parties to the transaction.

Other functions:

For In-House portfolio:

• Facilitate from application to loan closing. This may include ordering appraisal, title, and other pre-processing items.
• When applicable, compile internal evaluation requirements.
• Maintain educational and professional expertise through attendance at job related seminars, conferences, and on-line training.
• Perform other related duties and responsibilities as assigned by management.

We offer the opportunity for career growth and development in a professional and pleasant working environment. We offer a competitive salary and exceptional benefits package including:

• Health Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
• Dental Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
• Health Savings Account
• Life Insurance for the employee and family
• Paid Vacation and Sick Time
• Retirement Plan Options
• Additional Perks and Benefits