Job Summary
Join our dynamic team as a Loan Processor, where you will play a vital role in ensuring the smooth and efficient processing of mortgage loan applications. Your expertise will help facilitate seamless loan origination, compliance with industry regulations, and exceptional customer service. This position offers an exciting opportunity to work within a fast-paced financial services environment, supporting clients through every step of their mortgage journey. Your attention to detail and industry knowledge will be instrumental in maintaining our reputation for accuracy and compliance.
Education: High School Diploma or equivalent
Experience: 2-3 years of banking/loan processing preferred
This role includes, but is not limited to the following duties:
Duties
- Review and verify loan documentation to ensure accuracy and completeness, including credit reports, income verification, and property appraisals.
- Prepare and process loan files in accordance with FNMA (Fannie Mae), FHA (Federal Housing Administration), VA (Veterans Affairs), and conventional mortgage guidelines.
- Ensure all loans meet TRID (TILA-RESPA Integrated Disclosure) compliance standards and adhere to federal, state, and local regulations including Fair Housing laws.
- Coordinate with loan officers, underwriters, and clients through internal communication channels to gather necessary information and clarify documentation.
- Maintain detailed records of all loan documentation, escrow details, contracts, and compliance checks while ensuring timely processing of each file.
- Communicate effectively with clients regarding loan status updates, required documentation, and regulatory disclosures to enhance customer service experience.
Experience
- Proven experience in loan origination or mortgage processing within a financial services or banking environment.
- Knowledge of Fair Housing regulations, FHA loans, VA loans, conventional mortgages, and related federal housing programs.
- Excellent skills in credit analysis, math (including basic math and 10-key typing), and document review to ensure compliance with lending standards.
- Ability to communicate clearly with clients, underwriters, and internal teams while managing multiple files efficiently.
Join us as a Loan Processor and become an essential part of helping clients achieve their homeownership dreams while ensuring our operations remain compliant, efficient, and client-focused!
Pay: From $20.00 per hour
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
Work Location: In person
