Maintain a thorough knowledge of mortgage industry guidelines and changes for all Investors, CFPB, Fannie Mae, Freddie Mac, FHA, VA, RD, MBOH, NeighborWorks, and The City of Billings.
Perform all mortgage loan processor duties as needed, including, but not limited to, verify & analyze income, credit, debt ratios, loan to value ratios, appraisal and title insurance. Assemble, submit, update conditions, close & sell mortgage loan file acceptable to Valley investors.
Assist department with HMDA reporting and filing.
Maintain an appraisal log, a closed loans log & 1098 interest paid log for IRS reporting purposes and escrow accounts & escrow analysis for mortgages and mobile home loans.