1 loan processor Job in baltimore, md
Dominion Financial Services is Hiring a Loan Processor Near Baltimore, MD
Job Description
Dominion Financial Services (DFS) is a single-family investment real estate mortgage originator. DFS originates two main loan products – a short term bridge loan for fix & flip investors, and a long-term rental loan for landlords growing their rental portfolios. DFS is thriving in the current competitive environment and shows aggressive quarterly growth. Our current origination volume is $100MM per month. DFS is looking for a detail-oriented Loan Processor to join our growing team.
Our Company's Core Values
• Integrity
• Accountable & Dependable
• Team Centric
• System & Process Oriented
• Service Ethic
• Organized Efficiency - Risk Management & Compliance
In This Role You Will
• Process loans from set-up to closing in an organized and timely manner
• Coordinate mortgage settlements with borrower, legal, and title
• Review document checklists to ensure completeness and accuracy
• Review title, legal, and settlement documents
• Build relationships with borrowers and deliver a high level of customer service
• Communicate with transaction stakeholders
• Maintain an individual pipeline of loans
Requirements
• 3 years of title and/or mortgage experience
• Strong experience with reviewing title documents
• Prior experience with Encompass
• Proficiency with Outlook and Adobe products
• Experience lending directly to LLCs is a plus
• Strong Microsoft Office Experience
Other Qualifications Include
• Must be incredibly detail-oriented
• Advanced critical thinking and problem-solving skills
• Advanced verbal and written communication skills
• Strong organizational, planning, and time management skills
• Real estate knowledge is a plus
• Strong work ethic and can-do attitude
Benefits
• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance
While At Dominion You Will Enjoy
• Company outings & social events
• Virtual events
• Employee discount programs
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Job Summary
Full Time
$41k-51k (estimate)
04/19/2024
05/08/2024
The following is the career advancement route for Loan Processor positions, which can be used as a reference in future career path planning. As a Loan Processor, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Processor. You can explore the career advancement for a Loan Processor below and select your interested title to get hiring information.
If you are interested in becoming a Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Processor for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Processor job description and responsibilities
A loan processor reviews loan applications before sending them to the underwriter for approval.
01/11/2022: Springfield, IL
A loan processor will constantly work with computers and other electronic devices.
02/23/2022: Harlingen, TX
Loan officers evaluate, authorize, or recommend approval of loan applications.
01/09/2022: Orange, CA
Loan processors have to request additional documentation that may not be readily available for an applicant, like bank statements from several months ago or past years’ tax documents.
01/08/2022: Memphis, TN
Not only do loan processors collect and organize all of the loan documents, but they also order and organize various third-party requirements.
03/12/2022: Grand Forks, ND
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Loan Processor jobs
Analyze applicant's financial status, credit, and property evaluation to determine the feasibility of granting the loan.
03/14/2022: Burlington, VT
Analyze potential loan markets to develop prospects for future loans.
01/23/2022: Cincinnati, OH
Approve the loan within specified time limits.
03/06/2022: Helena, MT
Communicate With Current and Potential Customers.
03/07/2022: Pensacola, FL
The most common types of unsecured loan are credit cards, student loans, and personal loans.
02/27/2022: Reading, PA
Step 3: View the best colleges and universities for Loan Processor.
