What are the responsibilities and job description for the Mortgage Loan Processor position at Austin Capital Mortgage?
Job Description
Job Description
A Loan processor at Austin Capital Mortgage is the glue between the borrower, underwriter, loan officer and closer to ensure the future homeowner has a smooth experience.
We pride ourselves by providing an excellent customer experience and are looking for candidates that can help continue and improve on that experience.
Our ideal candidate is extremely well organized and isn’t the type to hesitate to track down whatever they need.
What We Are Looking For:
3 years of Mortgage processing experience (familiarity with Mortgage Machine would be an extra bonus)
Extremely organized
Excellent written and verbal communication skills
Extremely organized (mentioned that one twice)
Punctual
Team oriented
Strong math skills
What we want you to do:
Perform a thorough review and analysis of borrower's credit, employment, income and assets as required by the particular loan program before submitting to underwriting
Assemble the complete loan package in proper order for underwriting: Verify all required documentation (pre-underwrite) in the file; Complete the required loan checklist
Verify that an application is complete and accurate; and identify any potential issues that may arise in underwriting
Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on those documents. Communicate directly with the Loan Originator, customer, and underwriter to obtain initial and any missing documentation required to qualify for the loan
Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures
Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information
Verify that vendor orders are complete, invoices received
Manage pipeline by completing and submitting reports within allotted turn-around times.
Assist set-up of loans
Document all communication related to the loan application in the conversation log.
Train and help supervise new loan processors and other processing personnel
Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items
What we offer:
Extremely competitive pay
Per file bonuses (the busier we are, the more you make!)
Medical, dental and life insurance
Company matched 401K
Job Description
A Loan processor at Austin Capital Mortgage is the glue between the borrower, underwriter, loan officer and closer to ensure the future homeowner has a smooth experience.
We pride ourselves by providing an excellent customer experience and are looking for candidates that can help continue and improve on that experience.
Our ideal candidate is extremely well organized and isn’t the type to hesitate to track down whatever they need.
What We Are Looking For:
3 years of Mortgage processing experience (familiarity with Mortgage Machine would be an extra bonus)
Extremely organized
Excellent written and verbal communication skills
Extremely organized (mentioned that one twice)
Punctual
Team oriented
Strong math skills
What we want you to do:
Perform a thorough review and analysis of borrower's credit, employment, income and assets as required by the particular loan program before submitting to underwriting
Assemble the complete loan package in proper order for underwriting: Verify all required documentation (pre-underwrite) in the file; Complete the required loan checklist
Verify that an application is complete and accurate; and identify any potential issues that may arise in underwriting
Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on those documents. Communicate directly with the Loan Originator, customer, and underwriter to obtain initial and any missing documentation required to qualify for the loan
Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures
Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information
Verify that vendor orders are complete, invoices received
Manage pipeline by completing and submitting reports within allotted turn-around times.
Assist set-up of loans
Document all communication related to the loan application in the conversation log.
Train and help supervise new loan processors and other processing personnel
Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items
What we offer:
Extremely competitive pay
Per file bonuses (the busier we are, the more you make!)
Medical, dental and life insurance
Company matched 401K