Job Summary
We are seeking a dynamic and detail-oriented Mortgage Loan Processor to join our dedicated financial services team. In this vital role, you will be responsible for managing the end-to-end processing of mortgage loan applications, ensuring compliance with industry regulations, and delivering exceptional customer service. Your expertise will help facilitate smooth loan approvals, support loan officers, and uphold the highest standards of mortgage servicing and compliance. If you thrive in a fast-paced environment and are passionate about helping clients achieve their homeownership goals, this opportunity is perfect for you!
Duties
- Review and verify all loan documentation to ensure accuracy and completeness, including income verification, credit reports, and property appraisals.
- Coordinate with loan officers, underwriters, and clients to gather necessary information and clarify any discrepancies or issues.
- Ensure all loans meet FNMA (Fannie Mae), FHA (Federal Housing Administration), VA (Veterans Affairs), and conventional mortgage guidelines, including TRID (TILA-RESPA Integrated Disclosure) compliance.
- Prepare and submit loan packages for underwriting approval while adhering to federal and state lending regulations.
- Monitor loan progress through each stage of processing, maintaining clear internal communication with team members and external stakeholders.
- Maintain detailed records of loan documentation, processing steps, and compliance checks to support audit readiness.
- Assist in resolving any loan compliance issues related to Fair Housing regulations, mortgage servicing standards, or financial regulations.
Skills
- Strong knowledge of industry standards such as FNMA guidelines, TILA (Truth in Lending Act), TRID compliance, and federal housing regulations.
- Experience with loan origination processes and mortgage servicing operations.
- Proficiency in mortgage software platforms like Encompass or similar loan processing systems.
- Excellent credit analysis skills to evaluate borrower financials accurately.
- Familiarity with underwriting procedures for FHA, VA, USDA, and conventional loans.
- Ability to interpret complex financial documents and perform basic math calculations efficiently.
- Effective communication skills for internal collaboration and client interaction within a customer service-oriented environment.
- Knowledge of banking regulatory compliance requirements related to mortgage lending and financial services.
Join us as a Mortgage Loan Processor to play a key role in helping clients secure their dream homes while ensuring all processes meet rigorous industry standards! We value your expertise in lending regulations, your commitment to compliance, and your dedication to delivering outstanding service every step of the way!
Pay: $35,000.00 - $75,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Health insurance
- Health savings account
- Vision insurance
Language:
Work Location: In person
