Job Description

MORTGAGE PROCESSOR – LEXINGTON, KY

REMOTE DURING COVID-19

FINANCE OF AMERICA MORTGAGE ( FAM ) IS ONE OF THE LARGEST MORTGAGE BANKING ORGANIZATIONS IN THE U.S. AND WE ARE A PART OF THE $300 B BLACKSTONE ORGANIZATION

WITH OVER 300 BRANCHES AND GROWING, WE ARE EXPANDING THROUGHOUT THE NATION

WE ARE SEEKING AN EXPERIENCED MORTGAGE PROCESSOR FOR OUR LEXINGTON, KY BRANCH

SUMMARY - FINANCE OF AMERICA EMPLOYEES ENJOY:

• The backing of a true national mortgage bank that has been in business since 1994 with numerous industry accolades and awards.
• Full employee benefit package including health, dental; vision; 401K and more …
• Single Loan Origination System – From Application to Funding accessible from anywhere you are
• GMNA, FNMA and Freddie Mac Direct Seller/Servicer
• Diverse product line including 203k, Reverse, Jumbos, Commercial & Construction Loans
• Decentralized branch operations services including Processing, Underwriting and Closing
• In-house Processing, Underwriting, Closing and Funding - available at branch level
• Right - staffed Operations Platform to maximize Best in Class Customer Service Performance
• Multi-State Lending Capability - currently 50 states + DC
• 24/7 Branch and Tech Support Teams
• Industry leading technology

PROCESSOR JOB DESCRIPTION

Receive loan applications from New Loan Setup and review for completeness, accuracy, compliance, and regulatory adherence. Notify Loan Officer or management of discrepancies. Communicate and act as Liaison between the borrower and Loan Officer. Complete Pre-Closing checklist, update notes section for progress and status regarding missing items or status of loan. Identify when new disclosures are required and issued.

• Orders all required supporting documentation including but not limited to appraisals, credit reports, flood certifications, account/income verifications.

• Submit all FHA, VA, Bond or any non-agency approve eligible loans to underwriting with required documentation or contact Loan Officer to correct document or compliance issues, as well as update Mortgage system to advise of missing items needed to submit file.

• Issue appropriate correspondence to borrower, i.e., commitment, NOI letter in accordance with compliance requirements.

• Prioritize loan files to meet commitment, closing, and rate lock expiration dates.

• Prepare and review withdraw/declined checklist. Prepare closing checklist upon final approval for loan closing, and facilitate closing.

• Process all incoming conditions from customer and/or Loan Originator, mark received and submit to underwriting.

• Maintain comprehensive knowledge of mortgage processing systems, state and federal compliance regulations and FHLMC, FHA, VA and state housing programs

If you are interested in learning more about Finance of America and the opportunities that we offer, please review and reply to this posting .

Thank you for your interest and we look forward to hearing from you!

Company Description

About Finance of America Mortgage Finance of America Mortgage is one of the top ranked mortgage banking organizations in the U.S. We are also a part of $300 B + Blackstone organization, one of the largest Private Equity Investment Firms in the world. Licensed in all 50 states, we have aggressive, well capitalized, expansion and growth plans throughout the Southeast.