Job Details
Description
Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you're interested in a dynamic position on a well-established and successful lending team, look no further; apply now!
Responsibilities
Verifies that loans originated can be done according to available programs and investor guidelines
Reviews and analyzes all loan documentation received such as appraisals, loan applications, credit reports, income, assets, and title insurance
Checks ratios and verifies the accuracy of AUS findings and program applicability
Inputs loan file documentation accurately into necessary software programs
Reviews and Submits applications and conditions to the underwriter for approval
Orders third-party documentation and reports
Provides status updates to Mortgage Loan Officers
Identifies potential issues and communicates with the Mortgage Loan Officer
Monitors overall loan processing cycle time to ensure loan closes on time
Obtains and verifies clearance of all underwriting conditions and prepares the file for submission to closing
Regular and Reliable attendance is required as an essential function of this position
Performs other duties as assigned
Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine creditworthiness
Determine the best loan option for the borrower through interviewing and discussion
Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files
Document the loan process from origination to approval through our system
Serve as a liaison between borrowers, mortgage brokers and loan officers, real estate agents, and mortgage lending underwriters to support loan approval
Qualifications
Proven history of originating purchase loans
Willingness to use video conferencing daily
A college degree is strongly preferred
Proficient technical skills (Microsoft or Google Suite, experience using a CRM to manage leads, etc.)
We prefer an Associate's degree in accounting, finance, or business - High school diploma or GED required
Superb analytical skills, time management skills, and attention to detail
Excellent written and verbal communication skills are a requirement
Experience in mortgage lending and knowledge of loan types, such as FHA, FHLB, FNMA, or VA loans required
At least 2 years of loan processing experience required