Doma Lending is looking for an experienced and detail-oriented Mortgage Loan Processor to join our team. The ideal candidate is organized, proactive, and comfortable managing residential mortgage files from initial submission through closing.
Responsibilities
- Process and manage residential mortgage loan files from application through closing.
- Review loan applications and supporting documentation for completeness and accuracy.
- Collect and review income, asset, credit, employment, insurance, title, appraisal, and other required documentation.
- Submit complete loan packages to underwriting and monitor files through the underwriting process.
- Review underwriting conditions and coordinate with borrowers, loan officers, underwriters, title companies, appraisers, and other third parties to obtain required documentation.
- Communicate with borrowers regarding outstanding conditions and required documents.
- Monitor loan milestones, deadlines, and closing dates to keep files on track.
- Review disclosures and loan documents for accuracy.
- Coordinate with the title company, insurance agents, appraisal companies, and other vendors.
- Follow up consistently on outstanding conditions and ensure timely resolution.
- Maintain accurate and organized loan files in the company's loan origination system.
- Identify potential issues early and communicate them to the Loan Officer and management.
- Ensure files comply with applicable lender, investor, and regulatory requirements.
- Provide excellent customer service throughout the loan process.
Qualifications
- 2+ years of residential mortgage processing experience preferred.
- Strong knowledge of conventional, FHA, VA, and/or non-QM loan products is a plus.
- Familiarity with underwriting guidelines and loan conditions.
- Experience working with DU/LP and mortgage loan origination systems.
- Strong attention to detail and organizational skills.
- Ability to manage multiple files and meet deadlines.
- Excellent written and verbal communication skills.
- Ability to work independently and proactively.
- Strong problem-solving and follow-up skills.
- Mortgage industry experience is required.
What We Offer
- Competitive compensation based on experience.
- Opportunity to work with a growing mortgage company.
- Supportive and professional work environment.
- Flexible work arrangement depending on position and experience.
- Opportunity for growth within the company.
Employment Type
Full-time
Location: Palatine
Compensation:40K$-45K$
To apply, please submit your resume and a brief description of your mortgage processing experience.
Pay: $20.00 per hour
Work Location: In person
