Benefits:
Dental insurance
Health insurance
Vision insurance
We are seeking a detail-oriented and knowledgeable Loan Processor with broker experience with Rocket, Freedom and Sunwest to join our financial services team. The pay is $700 per file funded.
Our minimum average processor does 15 loans a month. The job is 3 days in office, 2 days remote. The ideal candidate will be responsible for managing the processing of loan applications, ensuring compliance with industry regulations, and facilitating smooth loan approvals. This role offers an opportunity to work in a dynamic environment, supporting mortgage and lending operations while adhering to Fair Housing regulations and other federal guidelines. Candidates with experience in FNMA, underwriting, or loan origination will find this position especially suitable for their skills and career growth.
Duties
Review and verify loan documentation for accuracy and completeness in accordance with FNMA standards and TILA regulations
Coordinate with loan officers, underwriters, and clients to gather necessary information for loan approval
Perform credit analysis and assess borrower financials to determine eligibility
Prepare and process loan files through various stages of underwriting and approval
Ensure compliance with Fair Housing laws, mortgage servicing policies, and contractual obligations
Manage escrow accounts, title work, and other related documentation during the loan process
Maintain detailed records using 10-key typing skills and basic math calculations for data entry and verification
Communicate effectively with all stakeholders to facilitate timely loan processing and closing
Skills
Strong knowledge of FNMA guidelines, underwriting procedures, and loan origination processes
Experience in financial services, mortgage servicing, or banking environments
Familiarity with Fair Housing regulations, TILA disclosures, contracts, and escrow procedures
Proficiency in credit analysis, math skills, basic accounting principles, and 10-key typing
Excellent organizational skills with attention to detail to ensure accuracy in all documentation
Ability to interpret complex financial information and apply regulatory requirements effectively
Strong communication skills to collaborate with team members and clients throughout the loan process
This position is integral to ensuring efficient mortgage processing while maintaining compliance with industry standards. We seek dedicated professionals eager to contribute their expertise in a fast-paced financial environment.
Job Type: Full-time
Flexible work from home options available.