Job Description

SOLANA RECRUITMENT COVID-19 RESPONSE

Solana Recruitment and all of our clients adhere to the federal CDC Interviewing guidelines and ADA Requirements. Therefore, all security measures and percussions will be made to ensure your health during the interview process. The majority, if not all, interviews will take place virtually. If a candidate does not feel comfortable interviewing in person at any time, this will not affect their candidacy with any of Solana Recruitments clients.

Solana Recruitment and all of our clients will be open and transparent regarding their companies' designated work location, whether it is onsite or remotely, after the hiring process. If at any time candidates have questions regarding Covid-19 policies after the hiring process, can reach out to Solana Recruitment directly.

After the official start date of any candidate/employee concerns regarding Covid-19 policies and onsite requirements are up to the discretion of our clients. Solana Recruitment holds no liability to those decisions.

ABOUT SOLANA RECRUITMENT

Solana Recruitment Services is a true strategic partner in all aspects of search and placement. We bring a wealth of knowledge and success in placing candidates into positions from entry to the C-Level. Our customizable approach to recruitment services helps our partners build their best hiring practices, employee development programs, and retention goals.

It is our passion for search and career placement that really sets us apart. Our goal is to provide a quality hiring and onboarding process to each and every one of our candidates. We will be your advocate from your first interview screen until the day you begin your new opportunity. It is imperative to us that your first experience with our client is a positive one.

ABOUT OUR CLIENT

Our client is a premier mortgage brokerage providing customers with direct access to the nation’s best lenders. We leverage decades of experience to help our customers navigate the home loan process and use our expertise to find the perfect lender with the best loan for their unique situation.

They are headquartered in San Luis Obispo County, California, and provides services in both California and Colorado. The company was formed with a single goal in mind – to provide the best possible option for a homeowner to obtain a loan. That goal is one that requires a high level of integrity, continued education, and ongoing improvement of our relationships, systems and processes.

ABOUT THE OPPORTUNITY

We are looking for a best-in-class experienced mortgage loan processer to join our growing team. As a loan processor for our client, you will take ownership of residential mortgage loan files after origination and work to fulfill the requirements to advance them to closing. This includes obtaining, reviewing, and assembling documentation, along with preparing and submitting files.

KEY RESPONSIBILITIES

·         Review new loan application files within 48 hours of receipt and verify that all required forms and/or documentation are compliant and were issued within the proper time frame by the borrower.

·         Prepare and send out all pertinent regulatory compliance disclosure material and perform required research of verification.

·         Review loan packages to ensure compliance with investor guidelines and submit them to Underwriting for approval.

·         Manage loan pipeline and communicate the status of all loans to each principal party involved.

·         Notify the appropriate staff member if additional documentation or information is needed.

·         Maintain a pipeline of 25 or more loan files

·         Order all necessary documents to satisfy AUS findings, investor and agency requirements

·         Review documentation received within 24 hours of receipt and follow up in the event of discrepancies or omitted data.

·         During documentation review, if any discrepancies are identified immediately notify Loan Originator or appropriate team member.

·         Use documentation to perform functions, such as calculating verified income or verifying assets, and update software accordingly.

·         Review, organize and prepare loan for underwriting submission Clear any approval or suspense conditions as outlined by the underwriter, or closer.

·         Loans are to be processed to meet purchase contract deadlines and rate lock expiration dates. File submitted to closing department upon obtaining CTC - approval milestone Assist other processors, Underwriters and Closing departments as needed.

·         Respond to customer inquiries and other related parties on a transaction as determined by Loan Originator.

·         Assist with the clearing of post-closing conditions received to avoid any financial loss.

EXPERIENCE AND QUALIFICATIONS

·         4 or more years of residential mortgage loan processing experience required

·         1 or more years of FHA mortgage loan processing highly preferred

·         Experience with Doc Magic and Lending Pad or Encompass required

·         Strong working knowledge of DU, LP and FHA

·         Proficiency in G Suite Applications, and various mortgage software including Doc Magic and Lending Pad, Encompass and SaaS applications.

·         Proven success working in fast-paced, high volume environments.

·         Excellent communication and customer service skills

·         Precise attention to detail

·         Must work well in a team environment and have strong communication skills.

·         High School Diploma or Equivalent Knowledge of Freddie Mac, Fannie Mae and FHA/VA guidelines

·         Sound judgment and decision-making skills Ability to work under pressure and meet deadlines with minimal supervision Excellent customer service skills Excellent organizational skills Knowledge of current state's regulatory lending laws and requirements

·         Able to pass background check

·         Fluency in English language (written, oral, spoken); fluency in a second language desirable

PHYSICAL DEMANDS AND WORK ENVIRONMENT

·         The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

·         While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers, handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; and reach with hands and arms.

·         The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate.

COMPENSATION

•              W2 full time position.

•              Competitive Salary based on experience plus uncapped bonuses

•              Medical, Dental, and Vision benefits

•              401k with company matching

•              Competitive PTO and Holiday schedule

•              Empowering environment

EQUAL EMPLOYMENT OPPORTUNITY STATEMENT Solana Recruitment and all of our clients are equal employment opportunities (EEO) to all applicants for employment without regard to race, color, religion, sex, gender, national origin, age, disability or genetics. In addition to federal law requirements, we comply with applicable state and local laws governing nondiscrimination in employment in every location that we facilitate. Solana. Recruitment and all of our clients follow the U.S. Equal Opportunity policies regarding Coronavirus and Covid-19 policies.

Solana Recruitment is a proud promoter of employment opportunities to our Military and Veterans.

Company Description

Solana Recruitment Services is a true strategic partner in all aspects of search and placement. We bring a wealth of knowledge and success in placing candidates into positions from entry to the C-Level. Our customizable approach to recruitment services helps our partners build their best hiring practices, employee development programs and retention goals. It is our passion for search and career placement that really sets us apart. Our goal is to provide a quality hiring and onboarding process to each and every one of our candidates. We will be your advocate from your first interview screen until the day you begin your new opportunity. It is imperative to us that your first experience with our client is a positive one.