We are seeking a detail-oriented and experienced Loan Processor to join our mortgage operations team. The successful candidate will be responsible for managing and coordinating the loan application process, ensuring accuracy, compliance, and a seamless experience for our clients.

Responsibilities:

• Application Review:

  • Thoroughly review loan applications to ensure completeness, accuracy, and compliance with regulatory requirements.
  • Collaborate with loan officers and clients to gather additional information or documentation as needed.

• Document Preparation:

  • Prepare and organize loan files, including all required documentation for underwriting and final approval.
  • Verify applicant information and resolve any discrepancies to facilitate a smooth processing workflow.

• Communication with Stakeholders:

  • Act as a liaison between loan officers, underwriters, and clients to facilitate clear communication and address inquiries.
  • Provide regular updates to all parties involved in the loan process.

• Underwriting Support:

  • Assist underwriters by providing necessary information and documentation for loan file review.
  • Address any conditions or additional requirements identified during the underwriting process.

• Compliance Management:

  • Ensure all loan files adhere to company policies and regulatory standards.
  • Stay informed about changes in mortgage regulations and implement adjustments as necessary.

• Timeline Management:

  • Track and manage loan processing timelines to ensure timely closings.
  • Proactively identify and address potential delays to keep the loan process on schedule.

The ideal candidate will have at least 5 years of experience in mortgage processing and must be proficient in Encompass. The candidate should also be capable of closing 20 files per month.

• High school diploma or equivalent; degree in finance or related field is a plus.
• Minimum of 5 years of experience in mortgage processing.
• Proficiency in Encompass or similar mortgage loan software.
• Strong attention to detail and organizational skills.
• Ability to work in a fast-paced environment and meet deadlines.
• Excellent communication and customer service skills.