***Please note, experience in Mortgage Processing is required. Candidate should be familiar with Encompass origination system. Bilingual Spanish is preferred but not neccessary ***
Loan Processor is responsible for overseeing all documentation required to take each client’s file from pre-approval to closing, assisting a Loan Officer with a proven record track to help increase in production.
Collect and review mortgage loan documents to satisfy loan conditions.
Ensure completeness of mortgage loan documentation.
Calculate income from all income sources including Salary, Retirement and Self-Employment.
Prepare mortgage loan file for underwriting review by assessing loan application.
Effectively Communicate with clients, team members and management on outstanding requirements and conditions.
Update all involved team members after new documents are uploaded or status changes occur.
Provide follow-up on a consistent basis with originators, borrowers, and agents to complete processing.
Build rapport with our internal and external customers.
Continue to stay abreast of underwriting and compliance guidelines.
Be a team player who actively seeks, solutions to various underwriting issues and shares best practices with all team members.
Knowledge of TRID and the re-disclosure process.
Assist Loan Officer with each customer by answering their questions and obtaining all necessary documents/information to complete the loan application process.
Skills / Requirements
Bilingual in English/Spanish (comprehensive bilingual communication - reading and writing skills)
3+ years of mortgage loan processor related experience with thorough working knowledge of underwriting policies, compliance, and procedure.
Adept in Paperless Encompass Loan Origination System.
Excellent written and oral communication skills.
Proficient in Microsoft Office applications.
Capable of digesting and processing information quickly.
Strong organizational, problem-solving, multi-tasking and analytical skills.
Outstanding customer service orientation.
Ability to maintain positive communications with Operations and Sales.
Job Types: Full-time, Commission
Salary: $25,000.00 to $60,000.00 /year