Mortgage Loan Processor
Posted 2025-03-14
Remote, USA
Full-time
Immediate Start
We are looking for a skilled and detail-oriented Mortgage Loan Processor to join our vibrant lending team. The ideal candidate will bring extensive experience in mortgage processing, a proactive mindset, and a strong history of delivering solutions in the mortgage industry. If you're seeking a rewarding role that aligns with your financial aspirations, we encourage you to apply today!
? *Compensation: $40,000 - $100,000 yearly**
- ### Desired Skills and Experience? *Qualifications**
- 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 for the right candidate, 5+ yrs 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
- ### Responsibilities
- Prepare and submit detailed loan packages to the lender underwriting department for approval or denial
- Document the loan process from origination to approval through our system
- Assure that loan files meet banking and regulatory guidelines and policies
- Liaise between the mortgage lending underwriting department, mortgage loan originators, real estate agents, and applicants to facilitate loan approval
- Assist borrowers in determining the best mortgage type based on interview and situation
- 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
- Communicate 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
For more such jobs please click here!