What are the responsibilities and job description for the Mortgage Loan Processor position at Lake Martin Mortgage?
Job Summary
As a Mortgage Loan Processor, you’ll move mortgage applications from origination through underwriting with accuracy, urgency, and clear communication. You’ll coordinate loan documentation, review credit and financial details, and help ensure each file meets applicable lending and compliance requirements. Your work supports a smooth, informed experience for clients and lending partners across conventional, Federal Housing Administration (FHA), and Veterans Affairs (VA) loans.
Duties
- Collect, organize, and verify applications, contracts, income records, credit reports, and other loan documentation.
- Review files for completeness, perform basic credit analysis and math checks, and prepare them for underwriting.
- Coordinate with loan officers, clients, underwriters, and mortgage servicing teams to resolve questions and keep processing on track.
- Apply Truth in Lending Act (TILA), TILA-RESPA Integrated Disclosure (TRID), Fair Housing, Federal National Mortgage Association (FNMA), and other applicable loan regulations.
- Use Encompass and Microsoft Office to update loan records, track conditions, and support accurate escrow and closing preparation.
Your impact: Thorough processing and timely communication help clients understand next steps and help lending teams make well-supported decisions.
Experience
- Experience in loan processing, loan origination, lending, banking, financial services, mortgage services, or mortgage servicing is valuable; loan officer experience is a plus.
- Knowledge of mortgages, underwriting, conventional loans, FHA and VA loans, loan compliance, financial compliance, and banking regulatory compliance is preferred.
- Strong customer service, client and internal communication, attention to detail, and familiarity with financial regulations are important.
- Proficiency with Microsoft Office and Encompass is helpful. Basic math skills and accurate 10-key typing support reliable file handling.
Pay: $50,000.00 - $60,000.00 per year
Benefits:
- Paid time off
- Professional development assistance
Work Location: Hybrid remote in Dadeville, AL 36853
Salary : $50,000 - $60,000