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Mortgage Loan Processor

PRMG

Mortgage Loan Processor

Sacramento, CA
Paid
  • Responsibilities

    We are currently seeking an experienced and detail-oriented mortgage loan processor for our dynamic lending team. The ideal candidate will have years of mortgage processing experience, a can-do attitude, and a proven track record of providing solutions in the mortgage lending industry. If you are looking for an excellent position that will help you reach your financial goals, start your application today! Responsibilities: Assist borrowers in determining the best mortgage type based on interview and situation Put together loan packages and submit to lender underwriting for approval or denial Obtain property documentation to process mortgage loan files, including appraisals, inspections, title searches, site surveys, contracts, and property tax records Input detailed loan process documentation in our system - from origination to close Liaise between the mortgage lending underwriting department, mortgage loan originators, real estate agents, and applicants to facilitate loan approval • Order the following documentation as necessary: Verification of Employment, Evidence of Insurance, Payoffs, Tax Transcripts, Credit Supplements, condo questionnaires, subordination requests, and Title Work as needed for each file • Manages a pipeline of loans and maintains a timely and compliant flow of such loans through the process • Communicates with Underwriters to clarify conditions. Help administer all documents that are needed to satisfy underwriting requirements • Follow up on documents ordered in a timely manner • Maintain loan origination system and database with the proper loan information • Perform other related duties as assigned and required • Monitors and ensures closing dates and company deadlines are met • Handles all borrower communication from the point of contract to closing of the loan • Handles all Loan Officer, Loan Partner, and Underwriter communication with updates • Be a sponge for information/knowledge, always striving to be the best possible in your position • Be a leader, helping us improve our processes and procedures to always deliver a world-class experience to clients and referral partners Qualifications: Mortgage lending experience and loan knowledge required, specifically with FHA, FHLB, FNMA, or VA loans Must possess excellent written and verbal communication skills Accounting, finance, or business Associate’s degree preferred - High school diploma or GED required Strong analytical and time management skills and superior attention to detail At least 2 years of loan processing experience required • Must have current working knowledge of mortgage loan products (FHA/VA/CONV/USDA) and knowledge of mortgage procedures, processes, and documentation • Know how to analyze credit reports, income, and asset documents, as well as general ways to structure a loan • Exceptional attention to detail must be organized and have excellent time management • Minimum 3 years mortgage processing experience, 5+ preferred • Current or previous experience fulfilling the roles of Processor, LOA, Loan Partner, Loan Officer, and/or Underwriter • Strong ability to prioritize and multitask without being micromanaged to meet multiple deadlines and a keen sense of urgency • Excellent customer service, interpersonal and communication skills • Work well in a team environment Compensation: $55,000 - $80,000 yearly

    • Order the following documentation as necessary: Verification of Employment, Evidence of Insurance, Payoffs, Tax Transcripts, Credit Supplements, condo questionnaires, subordination requests, and Title Work as needed for each file • Manages a pipeline of loans and maintains a timely and compliant flow of such loans through the process • Communicates with Underwriters to clarify conditions. Help administer all documents that are needed to satisfy underwriting requirements • Follow up on documents ordered in a timely manner • Maintain loan origination system and database with the proper loan information • Perform other related duties as assigned and required • Monitors and ensures closing dates and company deadlines are met • Handles all borrower communication from the point of contract to closing of the loan • Handles all Loan Officer, Loan Partner, and Underwriter communication with updates • Be a sponge for information/knowledge, always striving to be the best possible in your position • Be a leader, helping us improve our processes and procedures to always deliver a world-class experience to clients and referral partners