Demo

Sr Loan Processor

Lennar
Sacramento, CA Full Time
POSTED ON 5/1/2025
AVAILABLE BEFORE 5/26/2025

Job Description

We are Lennar Mortgage

Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life.

At Lennar Mortgage, you'll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation. Our success is a result of supporting and rewarding our team of elite professionals, who strive to exceed superior standards and exceptional services.

Join a Company that Empowers you to Build your Future

The Senior Loan Processor performs duties associated with Conventional, FHA and VA loan processing. Duties to include communicating with, and gathering documentation from, customers and reviewing income, credit, assets appraisal, and title work for accuracy and completeness. Requires consistent communication with customers, Lennar associates and other departments. #

  • A career with purpose.
  • A career built on making dreams come true.
  • A career built on building zero defect homes, cost management, and adherence to schedules.

Your Responsibilities on the Team

  • Process and close loan applications from initial set-up through funding
  • Obtain loan income, asset & credit approvals within 30 days of purchase agreement date
  • Ensure all conditions and requirements of underwriting and investors have been met
  • Request, review, and analyze collected documents from borrowers and compare to underwriting requirements in order to fulfill conditions
  • Maintain a pipeline of loans with an emphasis on customer service, quality, accuracy and efficiency
  • Learn and maintain knowledge of different loan programs
  • Maintain status and information within processing software system
  • Obtain the purchase agreements, escrow instructions, and final sales price confirmation to order the appraisal for all purchases
  • Keep current with investor and internal guideline changes
  • Maintain continued, effective communication with borrowers, escrow / title, sales agents and Loan Officers
  • Maintain communication with the borrowers with reference to "needs items" and / or approval conditions to meet the Regulation B notification requirement
  • Ensure loan is prepared for closing by having all title work and HOI in file and reviewed
  • Proficiency in handing confidential information and documents
  • Requirements

  • At least 5 years' experience as a Mortgage Loan Processor
  • Current knowledge of closing and title requirements
  • Current knowledge of loan processing and automated underwriting
  • Encompass experience is preferred
  • Excellent customer service skills
  • Proficient with Microsoft Suite
  • Bilingual English / Spanish preferred
  • General Overview of Compensation :

  • median base compensation for this position is estimated to be $28.85-$30.29 / hour, subject to adjustment based on business-related factors including employee qualifications, geographic location, and operational considerations. Note :
  • The median amount may be greater or less than the average salary.
  • This position may be eligible for performance-based bonuses as determined in the Company's sole discretion.
  • This position will be eligible for the described benefits listed in the above section.
  • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.
  • Life at Lennar

    At Lennar, Everything's Included in our homes, and Everyone's Included on our team. Our Everyone's Included vision is to unleash the power of diversity within our workforce to drive innovation and sustainable growth.

    At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone's Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar's policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.

  • This information is intended to be a general overview and may be modified by the company due to factors affecting the business.
  • General Overview of Compensation & Benefits :

    We reasonably expect the base compensation offered for this position to range from an hourly rate of $25.00 - $33, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials (e.g., cost of labor / living, etc.), and operational considerations.

  • This position may be eligible for bonuses.
  • This position may be eligible for commissions.
  • This position will be eligible for the described benefits listed in the above section in accordance with Company Policy.
  • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.
  • Life at Lennar

    At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone's Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar's policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.

    Join the fun and follow us on social media to see what's happening at our company, and don't forget to connect with us on Lennar : Overview | LinkedIn for the latest job opportunities.

    Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

    Salary : $30,000

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