Carter Bankshares
Martinsville, VA
SUMMARY : The Loan Purchase Processor is responsible for finalizing the disbursement for multiple mortgage channels and overseeing the post-closing functions for these same channels. ESSENTIAL JOB FUNCTIONS : Obtain Note, allonge, power of attorney and other loan documentation in connection with securing a collateral position for the bank in connection with purchased loans Upon receipt of an approval to purchase from underwriting team, a purchase advice is prepared, crediting all proper general accounts for record keeping, then creates a wire for funding of the purchases; Extensive expertise and attention to detail is taken on the purchase advice, to determine proper next due dates on the loan; Any pre-purchase documents required to be collected prior to purchase are tracked and obtained working with FH and Lenderworks, accordingly Input outgoing wire requests in WireXchange system and verifies data matches supporting documents Bankers Health Group...