100% REMOTE Loan Processor
Loan Processor Summary
Our client is currently looking for Mortgage Loan Processors to join their amazing team. Looking for Processors who can manage high volume pipelines and used to working in a fast-paced environment. Our client is growing our Operations department and needs a highly motivated, adaptable, fast-paced Processor! Mortgage loan processors work directly with individual applicants to review loan applications to ensure that the application is complete and accurate, a task that requires time and attention to detail. Loan processors ensure the timely and accurate packaging of all loans originated by our loan officers using effective communication with multiple parties involved in the loan process.
Loan Processor Perks
• Group health coverage (medical, dental, & vision)
• Paid Time Off
• Employee Assistance Programs
• Pre-tax health spending account (HSA)
• 401(k) plan (with company match)
• Company provided life insurance
• Pet Insurance
• 8 hours of Volunteer Time Off
• Employee discounts (fitness, phone)
• Wellness events
Loan Processor Location
100 % REMOTE
Loan Processor Compensation
$50-65K + plus $3500 average in monthly bonuses
Loan Processor Responsibilities
• Provide excellent customer service and drive an overall exceptional customer experience using varying forms of communication
• Responsible for processing, managing, and acting as the primary contact of a pipeline of refinance and purchase loans to meet closing deadlines and lock expiration periods
• Maintain a progressing pipeline of Conventional, FHA, and VA loans
• Effective and timely communication to both external customers (Clients, 3rd Parties, Vendors) as well as internal customers (Loan Officers, Underwriters, Closers)
• Maintain and adapt to the changing mortgage guidelines
• Appropriately set borrower expectations for the mortgage process and establish that the processor is the main point of contact until closing
• Holds the responsibility to request, gather and analyze documentation required from the borrowers, internally and third party for underwriting approval
• Adapt easily to change and provide interdepartmental support
• Strive to exceed productivity expectations and standards
• Set appropriate expectations and point of contact with realtors and other referral sources
• Understand and request documentation requirements for mortgage financing (tax transcripts, paystubs, tax returns, income calculation, etc.)
• To stay highly organized and proactive; able to meet deadlines in a fast-paced environment
Loan Processor Qualifications
• 2 years of industry experience preferred
• Knowledge of Fannie Mae, Freddie Mac, VA, and FHA guidelines
• Ability to maintain a pipeline of 30-40 loans of mixed variety
• Excellent oral and written communication skills
• Works well under time constraints and a constantly changing environment
• Has to have a team mentality and work well as a member of a group
• Eagerness to delight clients throughout the process and drive overall experiences
Plus:
• Knowledge of Encompass LOS
• Experience with Day One Certainty Validations, HomeReady, and HomePath products
Category Code: JN005, JN038
