Job Description

Recruitment for Rate Rabbit-

SR. LOAN PROCESSOR

Our loan processing team is the wind beneath our wings. Everything we do at Rate Rabbit revolves around our Processing, Underwriting, Closing/Funding, and Post-Closing teams. As a loan processor, you will see firsthand what your work contributes to the team and what it means to our success. Nothing is more important to us than taking care of our extraordinary employees and our valued borrowers.

POSITION SUMMARY:

The Loan Processor is highly proficient at processing conventional loans and has knowledge of all product types. They will examine, evaluate, and determine if the documents provided will allow an underwriter to be able to decision a mortgage loan. You will essentially be the quarterback between the client, sales and our other internal departments that helps get the loan closed and funded. You will also be responsible for closing of loans in a timely basis while providing the highest level of experience to the client and sales.

RESPONSIBILITIES:

• Review loan files and determine what documentation is required to meet investor guidelines.
• Communicate and respond to internal customers (Loan Consultants, Processing Managers) and external customers (borrowers, 3rd party vendors) generally within 2 hours.
• Utilize pipeline reports to effectively manage loans and prioritize daily workflow.
• Be proficient with document management system and demonstrates exceptional data integrity where all information in the system is accurate.
• Be proficient at reading income, asset, credit documents.
• Consult with Loan Processing Manager weekly on loan status and prioritizes workflow accordingly.
• Maintain current knowledge of guidelines and loan programs.
• Request, organize and process loan documentation and independently submit files to Underwriting monthly.
• Have excellent communication skills with internal and external clients.
• Be able to navigate and work through an LOS system as well as other internal systems.
• Perform other related duties as assigned and required.

REQUIREMENTS:

• Minimum 2 years loan processing experience.
• Conventional product experience required.
• Automated Underwriting (AUS) experience required.
• High school diploma or general education degree (GED) required.

PAY: $60,000-$65,000 D.O.E plus Bonuses

THE PERKS:

• Competitive compensation reliant on ability & experience, OT pay available
• Per file bonus available
• Benefits package including health and dental options
• 401K with robust company match
• 10 PTO days in addition to 5 paid company holidays
• The opportunity to work for a rapidly growing mortgage lender that is leading in exciting innovations for the industry.
• A healthy, friendly, and modern company culture
• Casual dress code

We are an equal opportunity employer and value diversity in our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Company Description

Headquartered in Ventura County Ca with remote executive recruiters all over the United States , we’ve become one of the most successful, privately-owned recruitment and workforce management solutions firms. Whether you’re looking for your next career opportunity or the perfect candidate for a job, our recruiting experts are here to help. We specialize in placing professionals within the following industries: Tech-Healthcare- Construction- Engineering-Financial Services