Loan Processor

Job Description

REQUIREMENTS

• Familiarity with Encompass
• Proficient Microsoft Word, Excel, Outlook
• Experience in state bond programs a plus
• High school diploma or equivalent
• A minimum of 2-years experience in mortgages
• Knowledge of mortgage processing preferred, not required
• Familiarity with all types of mortgage products and state/federal regulatory guidelines.

RESPONSIBILITIES

• Review the loan application in Encompass and update any inaccuracies based on borrower documentation, credit report, fraud report, etc.

• Complete an income calculation for all borrowers and prepare the file for underwriting.
• Make a welcome/ introduction phone call to discuss the upcoming loan process and request any items that may be needed for initial submission to underwriting.
• Order all necessary verifications on each loan file including title report, fraud, written or verbal verification of employment, tax transcripts
• Work with borrower(s) to obtain conditions requested by the underwriter. Break conditions down in layman’s terms.
• Manage pipeline to ensure critical dates are met including contingency, contract closing, and lock expiration.
• Monitor important expiration dates on loans in pipeline – including credit report, appraisal, income & asset documents, rate lock.
• Provide support to sales team.
• Communicate effectively with internal departments and external partners/customers.

Are you interested in this position?

Apply by clicking on the “Apply Now” button below!

#CrossChannelJobs #JobSearch
#CareerOpportunities #HiringNow
#Employment #JobOpenings
#JobSeekers
#FacebookLinkedIn