What are the responsibilities and job description for the Jr Loan Processor position at Elite One Mortgage?
Strong understanding loan origination processes
Join our dynamic team as a Junior Loan Processor and become a vital part of the mortgage lending process! In this energetic role, you will assist in managing loan files, ensuring accuracy, compliance, and timely processing of mortgage applications. Your proactive approach will help streamline operations, support loan officers, and deliver exceptional service to our clients. This position offers an exciting opportunity to grow with our company and be a part of a successful enterprising team of mortgage professionals.
- Review and verify loan documentation to ensure completeness and accuracy in accordance with FNMA guidelines and TILA (Truth in Lending Act) regulations
- Collaborate with loan officers to ensure the file is ready to process
- Assist in preparing loan packages for registration by gathering necessary financial data, credit reports, verifications, appraisals, and escrow information
- Process loan applications efficiently by registering data into systems with high attention to detail both in Calyx Point and corresponding wholesale lender system portals
- Check accuracy of loan estimates
- Support mortgage servicing activities by tracking loan status updates and coordinating with escrow companies
- Ordering CDs
- Completing broker commission breakdown worksheets for each file
- Maintain organized records of contracts, disclosures, and other loan documents for audit readiness
- 2 years experience working as a loan processor or equivalent
- Familiarity with Calyx Point and registering loans in wholesale lender portals
- Knowledge of mortgage servicing, escrow procedures, and fair housing regulations
- Proficiency in TILA disclosures, contracts, and banking terminology
- Excellent math skills including basic math calculations necessary for credit analysis and escrow calculations
- Ability to perform detailed review of file documents for accurately and compliance
- Effective communication skills to collaborate with team members and support clients throughout the loan process
Embark on a rewarding career path by helping individuals achieve their homeownership dreams! We’re committed to fostering a vibrant work environment where your skills grow alongside your enthusiasm. Join us today to make a difference in the world of mortgage lending!
Bonuses available per file.
Pay: $17.00 - $19.00 per hour
Expected hours: 40.0 per week
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Work Location: In person
Salary : $17 - $19