Processor

Remote candidates are welcome to apply. This position must support EST business hours

The ideal candidate will have exceptional organizational and communication skills. Must be able to work under pressure, meet strict deadlines and manage multiple priorities with ease.

Job Description for EMM LOANS Loan Processor

This role is responsible for processing residential mortgage loans that adhere to investor guidelines. The role will have the processor re-disclose loans, validate all credit, income, asset, collateral and supplemental information used to qualify the borrower. The selected candidate will interact with EMM’s management team to execute on tactical and strategic initiatives in respect to pipeline management, compliance, procedures, quality, productivity and customer service.

Job Duties

• Manage a pipeline of 25-30 loans
• Process both Purchase and Refinance Transactions, but main focus is almost all Purchase loans.
• Review rate lock expiration dates, closing dates, first and last submission to underwriting while meeting with the Branch Manager twice a week to review loan status for all loans
• Communicate to borrowers verbally via phone and electronically via email: conditions, changes to loan terms, approval and the process that will take them through closing
• Coordinate and communicate with external parties to include but not limited to: real estate agents, title companies, appraisal AMC’s, builders, credit reporting agencies, insurance providers
• Run automated underwriting and submit a quality and complete package to underwriting
• Review all income documentation, including W2s, paystubs, personal tax returns and other documentation as applicable
• Review all asset documentation, bank statements, investment accounts and retirement statements as applicable
• Review property tax searches for accurate details and input correct amounts for property tax and insurance escrow impounds and applicable aggregate adjustments
• Run compliance audit checks, order VODs, VOEs, VOMs, VORs, 4506T-IRS transcripts, credit supplements, verify accuracy of the 1003
• Schedules loans for closing, order payoffs, review final numbers

Job Requirements

• Have a minimum of 3 years processing experience
• Working knowledge of standard FNMA/FHA/VA/USDA/DU/LP
• Display excellent verbal, written and interpersonal communication skills
• Highly organized, detail oriented and proven ability to work in a fast-paced environment
• Proficient math skills
• Fluent in MS Excel, MS Word, MS Office
• Working knowledge of Encompass is a plus but not required

EMM is proud to offer a wide range of benefits and a very competitive salary. Eligible employees can participate in the following benefits.

• Medical, Dental, and Vision insurance
• Flexible Spending Account
• HSA Account (with eligible medical plan only)
• Company paid Life Insurance and LTD!
• PTO plan
• 401K plan with an employer match
• And more!

*All positions are contingent upon the successful completion of a background check. EMM Loans participates in E-Verify

EMM LOANS LLC is an equal opportunity employer.

NMLS #2926