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Real Estate Loan Processor

Recruitment LLC

Real Estate Loan Processor

Rancho Cucamonga, CA
Full Time
Paid
  • Responsibilities

    Job Description

    AS A PROCESSOR, YOU ARE RESPONSIBLE FOR ASSISTING THE BORROWER AND PRODUCTION SALES TEAM IN THE COORDINATION OF ALL FUNCTIONS RELATED TO THE PROCESSING AND CLOSING OF ALL LOANS.

    PRIMARY RESPONSIBILITIES ▪ Serve as subject matter expert (SME) regarding companies’ policies, procedures, products, promotions and technology ▪ Conducts daily review and follow-up with customers and vendors regarding outstanding items; gather necessary documentation as needed. ▪ Communicates to Processing Lead if unable to achieve a timeline or to resolve an error ▪ Coordinates pipeline management with Loan Officers ▪ Manages key dates, for example, lock expiration, contingency date, contract date, credit doc expiration, ECOA, MDIA and other compliance related dates ▪ Performs data entry to update all internal computer systems and loan files with notes regarding all actions that affect the loan in accordance with company requirements ▪ Reviews HUD 1 Settlement statement for accuracy and provides to closing agent. Reviews title reports, payoffs, appraisals, income documents, hazard insurance, and all supporting conditions for required standard compliance prior to underwriter submission ▪ Provides member and closing agent necessary requirements for completion of loan closing ▪ Coordinates scheduling of loan closings with customer and closing agent ▪ Attends regular pipeline meetings and system training updates ▪ Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. ▪ Provides service that aligns with Lenders Culture2 philosophy: We improve people’s lives, we solve problems when others won’t and what’s best for you comes first for us.

    POSITION QUALIFICATIONS ▪ Minimum 2 years of processing experience in high volume mortgage setting ▪ Proactive, positive, “can do” attitude; ability to handle a high volume of work. ▪ Strong verbal, written and interpersonal communication skills ▪ Consistently maintain a high level of thoroughness and accuracy with your work; well organized ▪ Strong word processing, database, and spreadsheet proficiency ▪ Knowledge of mortgage loan processing, compliance and underwriting guidelines.

    Company Description

    Must have stable working background, no contractors. Must be currently working or recent experience.