New

Secondary Market Processor

First Farmers Bank

United States, Tennessee, Columbia

Jul 03, 2025

Date: July 3rd, 2025
Job Location: First Farmers and Merchants Bank, 816 South Garden St., Columbia, TN 38401
Education Level: (1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.
Job Type: Full Time
VEVRAA Federal Contractor
Request Priority Referral of Protected Veterans
EOE Females/Minorities/Protected Veterans/Disabled
Robert C. Matthews, email: bob.matthews@myfirstfarmers.com

Role:

To receive and process mortgage loan packages; to obtain documentation from credit bureaus, attorney/title companies, appraisers, customers and loan officers necessary for submitting packages; to follow up with investors on documents required to get a clear to close; to arrange loan closings with mortgage closer. Audit closed files and assemble closed loan files to be purchased.

Essential Functions & Responsibilities:

40%

Reviews residential loan packages to verify that application data is complete and all required documents are in the file to submit.

25%

Obtains required underwriter conditions.

10%

Verifies accuracy and consistency of specifications on title abstracts, insurance forms, and other required documents.

10%

Enters corrected information into mortgage systems, prepares file for mortgage closer.

10%

Assists mortgage closer and loan officer to coordinate loan closing.

Performs other related duties as assigned.

Performance Measurements:

1.	To comply with the letter and with the spirit of the bank's Code of Business Conduct and Ethics.

2.	To maintain the confidentiality of customer and any other sensitive information.

3.	To process loan packages to the standards required by investors.

4.	To be punctual and have regular attendance.

5.	To ensure that all lending activity is within established policies and regulations.

6.	To maintain a working knowledge of all mortgage products and rates.

7.	To maintain working knowledge of all mortgage products and rates, both within the bank and in the industry overall.

8.	To complete required training and undertake additional training as needed to increase job knowledge and maximize productivity.

9.	To develop and maintain a positive and productive working relationship with department/branch staff.

10.	To acquire and maintain a working knowledge of regulations and bank procedures; to comply with the provisions of the Bank Secrecy Act and other laws and regulations.

Knowledge and Skills:

Experience

One year to three years of similar or related experience.

Education

(1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.

Interpersonal Skills

Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

Other Skills

Good communication skills. Should be able to run spreadsheet and word processing software and 10-key calculator and keyboard skills.

Physical Requirements

The person in this position needs to frequently move about inside the office to interact with associates and clients and access office machinery and file cabinets. The person in the position constantly operates a computer and other office productivity machinery, such as a calculator, photocopier, and printer.

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as calculators, computers, phones, photocopier, filing cabinets and fax machines.