Residential Lending Processor
Company: Banterra Corp.
Location: Midvale
Posted on: February 13, 2026
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Job Description:
Job Description Job Description Pay Range: $19.86USD to
$30.98USD Summary: Responsible for processing mortgage loan
applications to closing. Account for the accuracy and completeness
of all loan documentation. Be well-versed in rules, regulations and
guidelines regarding all aspects of mortgage lending. Responsible
for answering customer inquiries, resolving conflicts and
communicating effectively. Responsibilities: include but are not
limited to the following. Other duties may be assigned. Review
initial loan applications submitted by loan officers. Verify
application data is complete and meets established mortgage rules
and guidelines for type of loan for which borrowers have applied.
Review documentation such as credit report, pay stubs, tax returns,
W-2s, bank statements, and any other documentation associated with
loan file. Maintain regular contact with loan officers, borrowers,
area realtors, insurance agents, title companies (and other parties
as needed) to provide loan status updates, obtain additional
information, and/or help resolve any issues that may arise. Request
property appraisal, title commitment, flood certification,
homeowner’s insurance and other required documentation. Once all
required documentation is received, complete review and submit file
for final approval. Maintain familiarity with various laws,
regulations, and general & soundness guidelines. Stay well-informed
of requirements of federal, state, Freddie Mac regulations as well
as FHA, VA, USDA, and all other investor loan guidelines.
Participate in continued mortgage compliance training including,
but not limited to: Dodd-Frank Act, ATR/QM Rules, Truth in Lending
Act, Real Estate Settlement Procedures Act (RESPA), Home Mortgage
Disclosure Act (HMDA-Regulation C), Equal Credit Opportunity Act
(ECOA-Regulation B), Fair Housing Act, Fair Credit Reporting Act,
etc. Develop and maintain an overall understanding of all functions
performed with mortgage loan origination, booking, delivery, and
servicing. Provide assistance to lending staff as needed. Assist in
ensuring loan software and programs are performing at optimum
level. Report and correct any issues that arise. Identify and
attend training as necessary for continued knowledge. Monitor
mortgage loan pipeline to ensure files stay compliant with timing
requirements including meeting closing dates. Report any issues on
approaching deadlines to applicable parties. All employees are
expected to protect the information and assets of the organization
through heightened awareness of information security, cyber
security, and risk management best practices, as well as complying
with all applicable laws, regulations, and organizational policies.
Qualifications and Skills: 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, skills and abilities required. Reasonable
accommodations may be made to enable individuals with disabilities
to perform essential functions. Education/Experience: High school
diploma or equivalent. One to three years’ mortgage loan processing
or related experience required. Knowledge of Freddie Mac
underwriting guidelines. Experience with Encompass preferred. Broad
knowledge of mortgage loan related functions.
Knowledge/Skills/Abilities: Strong organizational skills and
attention to detail. Strong customer service orientation. Ability
to work as part of a team. Ability to problem solve, prioritize
tasks and meet required deadlines. Ability to think critically and
use good, sound judgment in decision-making. Ability to write
routine correspondence and communicate effectively and tactfully,
orally and in writing with employees, customers, vendors and
management. Ability to respond to common inquiries or complaints
from regulatory agencies, outside auditors and accountants, Board
of Directors or other members of management. Ability to define
problems, collect data, establish facts and draw valid conclusions.
Must understand and comply with company policies and procedures.
Ability to oversee goals and projects and ensure they are completed
in a timely manner. Ability to maintain a friendly, helpful and
courteous attitude when working with customers or co-workers under
diverse conditions. Ability to apply concepts such as fractions,
percentages, ratios and proportions to practical situations.
Ability to interpret various ratios and relationships inherent in
common or specialized financial reports. Ability to project future
results or consequences from different alternatives or variables.
Ability to use a calculator, computer and applicable software.
Ability to use Microsoft Internet Explorer and Microsoft Office
programs, specifically Word, Outlook and Excel. Physical Demands:
The physical demands described here are representative of those
that must be met by an employee to successfully perform the
essential functions of this job. Reasonable accommodations may be
made to enable individuals with disabilities to perform the
essential functions. The employee must have the ability to lift and
carry 25 pounds for a distance of 50 feet.
Keywords: Banterra Corp., Provo , Residential Lending Processor, Accounting, Auditing , Midvale, Utah
