Loan Processor

Job Description:

• Review loan applications
• Create condition checklists
• Review conditions with borrowers and clear conditions
• Work within the Loan Counselor/Closing team
• Provide customer contact as needed
• Underwrite loan files using mortgage industry and relocation policies knowledge
• Collect and review documentation
• Create loan decisions
• Make independent decisions based on mortgage lending guidelines
• Analyze data and appraisals for secondary-market acceptability
• Deliver loans in purchasable condition to the Secondary Department
• Submit loans through underwriting systems, underwriters, and/or investors for approval
• Interface with borrowers, Loan Counselors, Closers, agents, underwriters, and team members
• Communicate the approval process and critical information to borrowers
• Complete positional skill sets in the Training Program

Requirements:

• Mortgage Banking or related field with loan operations experience preferred
• Annual volume of 200 closed loans
• Maintaining scores of at least 75% or higher on all position metrics
• Basic knowledge of the mortgage process
• High School diploma required
• College degree preferred
• Occasionally work on FHA/VA loans
• Technical knowledge of the mortgage industry
• Knowledge of relocation policies and practices
• Ability to interpret mortgage lending guidelines
• Ability to analyze data and appraisals
• Ability to use underwriting systems
• Ability to communicate with borrowers, agents, underwriters, and team members

Benefits:

• Medical
• Dental
• Vision
• 401(k)
• FSA/HSA
• Employer HSA Match
• Life & Disability Insurance
• Paid Time Off
• Volunteer Time Off
• ID Theft Protection Plan
• Comprehensive benefits package