Overview:
Paramount Residential Mortgage Group Inc. (PRMG) is one of the largest independently owned Mortgage Banks in the nation. We are looking for highly qualified Jr. Processors to join our Retail team to help support our increased volume. Newly hired Jr. Processors will have the privilege of working with a talented team, along with being mentored for growth.
PRMG offers a comprehensive benefits package for our full-time employees and their dependents, which includes medical, dental, vision, life insurance, short-term disability, long-term disability, a Health Savings Account (HSA), a Flexible Spending Account (FSA), and various other products, based on benefits eligibility, elections, and employee premiums. Upon hire, you will be eligible to enroll in all our company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month. After completing 60 days, you will be eligible to enroll in our 401(k) program on the first of the following month. Additionally, eligible employees may apply for job openings through PRMG’s Internal and External Job Portal to request a transfer to a different department or position.
Job Summary:
Performs the daily functions connected with loan processing. Effectively processes loans in accordance with company policies and procedures. The duties for Processor include, but are not limited to, those described below.
Responsibilities:
- Verifies, compiles, and inputs/updates application information for mortgage loans.
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Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type, and amount of mortgage applied for including but not limited to borrower credit, assets, liabilities, and length of employment
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Is able to run AUS after application data is confirmed to be accurate and meets guidelines
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Is able to order verifications (income, assets, credit, liabilities) to verify accuracy of information stated on loan application
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Is able to complete and generate various loan application forms/disclosures for borrowers
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Is able to order title work, insurance, condo docs for approval, appraisals, and any other property related items required for the loan
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Is able to perform necessary follow up on any items required for the loan in a timely manner (i.e.…title, insurance, appraisal, loan conditions from borrower, etc.)
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Informs supervisor and/or Loan Originator of discrepancies on any loan documentation provided or ordered
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Uses all required Checklists for Underwriting and Closing Departments
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Performs other related duties as assigned by Processor, Lead Processor, or Branch Manager
Qualifications:
Experience:
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Junior Processor to be assigned to an experienced Processor by Branch Mgr to mentor the Jr LP
Skills:
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Ability to make sound judgments regarding the resolution of customer service issues
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Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative
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Ability to handle detailed assignments and maintain confidentiality
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Excellent communication and interpersonal skills
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Organizational skills necessary to prioritize workload
Education:
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High School Diploma or equivalent
Travel:
Min: USD $42,000.00/Yr. Max: USD $60,000.00/Yr.
