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: • Document the loan process from origination to approval through our system • Work with the borrower to gather financial information such as credit reports, verify the accuracy to determine creditworthiness, and complete the mortgage loan application • Assure that loan files meet banking and regulatory guidelines and policies • Liaise between the mortgage lending underwriting department, mortgage loan originators, real estate agents, and applicants to facilitate loan approval • Determine the best loan option for the borrower through interviewing and discussion Pre-Underwrite • Verify that the initial loan file is complete using the pre-underwrite checklist • Request any additional documentation on cash, credit, and capacity (income) • for a complete loan submission • Initiate ALL third-party items • Submit high-quality loans for preliminary underwriting without over-analyzing Post-Underwrite: • Analyze the Conditional Loan Approval (CLA) to ensure all conditions are clear • Confirm outstanding CLA items have NOT already been received before reaching • out to external parties (avoid duplicate requests to borrowers) • Request conditions in layman’s terms that are easy for borrowers to understand • Thoughtfully review and submit all conditions to underwriting • Send all Clear to Close (CTC) requests via email to the loan team (including • Opener) • Review ICD and CDs to ensure accuracy vs. the original Loan Estimate (LE) Post-Fund: • Monitor pending closed loans for funding authorization • Clear any post-funding conditions as required • Support LO, LP1, LP2, and borrowers with any post-funding questions Additional Responsibilities • Ask Clients, Agents, and other parties for referrals during the loan process • Attend Weekly Team Meetings (WTM) to review the entire loan pipeline • Log all crucial communication in the LOS Conversation Log • High-quality borrower third-party communication is required, differentiating this role from a traditional Loan Processor Qualifications: • Strong analytical and time management skills and superior attention to detail • 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 • Accounting, finance, or business Associate’s degree preferred - High school diploma or GED required • Must have excellent written and verbal communication skills • Conventional, FHA, VA, USDA loan product knowledge and processing experience required • Experience working with mortgage brokers • Be a Solution Seeker • Fluent in English and Spanish Compensation: $50,000 - $70,000 yearly DOE plus potential per-file bonus
• Pre-Underwrite • Verify that the initial loan file is complete using the pre-underwrite checklist • Request any additional documentation on cash, credit, and capacity (income) • for a complete loan submission • Initiate ALL third-party items • Submit high-quality loans for preliminary underwriting without over-analyzingPost-Underwrite: • Analyze the Conditional Loan Approval (CLA) to ensure all conditions are clear • Confirm outstanding CLA items have NOT already been received before reaching • out to external parties (avoid duplicate requests to borrowers) • Request conditions in layman’s terms that are easy for borrowers to understand • Thoughtfully review and submit all conditions to underwriting • Send all Clear to Close (CTC) requests via email to the loan team (including • Opener) • Review ICD and CDs to ensure accuracy vs. the original Loan Estimate (LE)Post-Fund: • Monitor pending closed loans for funding authorization • Clear any post-funding conditions as required • Support LO, LP1, LP2, and borrowers with any post-funding questionsAdditional Responsibilities • Ask Clients, Agents, and other parties for referrals during the loan process • Attend Weekly Team Meetings (WTM) to review the entire loan pipeline • Log all crucial communication in the LOS Conversation Log • High-quality borrower third-party communication is required, differentiating this role from a traditional Loan Processor