Job Description

LOAN PROCESSOR (FULL TIME).

Growing company needs Loan Processor who can accurately handle high volume of files.

REQUIREMENTS:

• A minimum of 2 YEARS OF CURRENT MORTGAGE LOAN PROCESSING to include FNMA, FHA, Jumbo, Portfolio, and Foreign National loans.

• Familiarity with current underwriting guidelines, including self-employed/complex income calculations. Preferably, some experience in underwriting.

• Must be able to follow loan protocols.

• Prepare LE (LOAN ESTIMATE), fee worksheet, and other required disclosures to be sent out to borrowers within stipulated timeframe based on current industry standard and regulation.

• Experience with mortgage industry software Calyx Point.

• Manage, Organize, and post-close company files.

• Submit loans to automated underwriting engines.

• Submit original loan files to underwriters and/or investors.

• Review underwriting conditions and clear conditions for closing.

• Ensure all files are processed within current regulatory requirements, and all mandatory disclosures are contained in the file.

• Strong team player with excellent written/verbal communication and computer skills. Bilingual (English/Spanish). NMLS License a plus.

MUST HAVE AT LEAST 2 YEARS EXPERIENCE WORKING AT A MORTGAGE BROKER.

RESPONSIBILITIES:

• Process a complete file for submission to underwriting, through closing, and post-closing; including QC responsibilities.

• Provide quality loan processing; review all aspects of processing for adherence to underwriting standards and ensure completeness of submission to UW.

• Maintain contact with borrowers to collect all necessary documents required for UW.

• Liaison between organization staff, underwriters, management, and clients.

• Timely follow up on conditions; make accurate and correct decisions during the loan process.

• Review the entire loan originator submission file and ensure that it is complete for underwriting.

• Effectively manage timeline for the loan flow process from submission to underwriting to closing.

We offer a competitive salary plus bonuses to reward employees for success, company-paid licensing and training, retirement plan with company match.