What are the responsibilities and job description for the Senior Loan Processor position at 24/7 Mortgage Corporation?
** Overview **
We are seeking a detail-oriented and experienced Senior Loan Processor to join our team. As a Senior Loan Processor, you will play a critical role in overseeing the loan origination process from application to closing. Using your extensive mortgage knowledge, you will ensure the accurate and timely processing of loan applications and maintain compliance with industry regulations and company policies. This role requires a deep understanding of loan processing procedures, regulations, and excellent communication skills to ensure a smooth and efficient process for our clients and internal teams.
- Full-Time In Office Position
- Hourly Pay starting at $22-26 per hour (Depending on Experience)
- Mandatory 90-day probationary period
- After 90-Day probationary period, pay will be increased to salary plus quarterly production bonus
- Sick Time Off
- Vacation Time Off
- Health Insurance
- 401(k)
** Responsibilities: **
- Review loan applications for completion, accuracy, and compliance with standard guidelines.
- Verify applicant information, including but not limited to, employment, income, credit history, and financial statements.
- Review and clear items on conditional loan approval letter with underwriters.
- Communicate with clients, loan officers, underwriters, and account executives for clarification on needed items.
- Request/review documents from clients, escrow/title companies, insurance agencies, and homeowner associations.
- Manage and delegate tasks to Junior Loan Processors.
- Assist Loan Closer with funding conditions and ensure files close on time.
** Qualifications: **
- Proven work experience as a Senior Loan Processor or similar role..
- Knowledge of loan program guidelines and products.
- Strong attention to detail and organizational skills.
- Experience in using loan origination software (Calyx, Encompass, ARIVE).
- Proficient in Microsoft Outlook, Microsoft Excel, Adobe Acrobat Pro.
- Strong communication skills via phone or email.
- Strong leadership skills and works effectively in a team environment.
* * Requirements: **
- Must be able to work 40 hours a week.
- Must be able to work in the office, 5 days a week.
- Have reliable transportation to and from work.
- Must be able to lift up to 40 pounds and sit for prolonged periods of time.
- At least 2 Years Loan Processing Experience
Job Type: Full-time
Benefits:
- 401(k)
- Health insurance
- Paid time off
Salary : $22 - $26