Job Description

JOB DESCRIPTION Our Loan Processors work closely with our Loan Officers to ensure a timely and accurate experience for our clients. This is a great opportunity for a Loan Processor who is looking to be part of a company with a great future in lending. We offer a tremendous opportunity for growth, excellent compensation, and benefits.

ESSENTIAL DUTIES AND RESPONSIBILITIES Responsibilities include but are not limited to the following:  

·         Know full process for Conventional, FHA, VA, USDA and Bond programs

·         Thorough knowledge of the LOS (Loan Origination System) using and completing processing checklists.

·         Work closely with LO and Loan Coordinator to ensure all documents are obtained for underwriting submission in a timely manner.

·         Be able to calculate income (including self-employed), read credit reports and a preliminary title report and understand what to look for on bank statements.

·         Understand and know all details of the Purchase Contract

·         Understand Fannie and Freddie guidelines and be able to read AUS to satisfy all condition of the AUS prior to loan submission.

·         Stay up to date on program guidelines and changes

·         Maintain good communication with all parties to the loan and be the main contact for the borrower

·         Submit complete files to underwriting with quality in mind

·         Clear conditions with a 24hr response time

·         Stay on top of rediscloses to ensure no cures come from the loans you are working on.

·         Submit loan to closing and clear all processor funding conditions prior to loan funding

·         Return all emails and phone calls, within one hour, during your assigned shift  

MINIMUM QUALIFICATIONS Experience:  

·         Mortgage processing experience with 2+ years industry experience (Preferred)

·         Extensive knowledge of Conventional, FHA, VA and USDA loan programs

·         2 + years of experience in mortgage industry preferred

·         LendingPad experience a plus

·         Proven customer service skills

·         Proficient computer skills, especially Microsoft Office applications

·         Excellent written and verbal communication skills

·         High School Diploma or equivalent

·         Ability to manage multiple tasks and projects simultaneously

·         Must have proven experience processing FHA loans

·         Strong understanding of GFE, TIL, and RESPA rules

·         Proven ability to fund a minimum of 20 loans per month

·         Versatility, flexibility, and a willingness to work within constantly changing priorities

NEXA Mortgage is proud to be an equal opportunity employer. We provide employment opportunities without regard to age, race, color, ancestry, national origin, religion, disability, sex, gender identity or expression, sexual orientation, veteran status, or any other protected status in accordance with applicable law.