What are the responsibilities and job description for the Mortgage Loan Processor position at OriginPoint?
The Loan Partner 3 is a high-level Loan Processor responsible for the technical accuracy and timely funding of loans from RESPA to Funding. This role requires a professional who is passionate about helping service members and first responders navigate the complexities of home financing. We highly value the perspective of Veterans or military spouses who understand the unique needs of these borrowers.
- Pre-Underwrite: Review all loans within 1 business day and submit to underwriting within 3 business days of receipt.
- Quality Control: Ensure 95% of initial Conditional Loan Approvals (CLA) have 10 or fewer conditions.
- Post-Underwrite: Maintain a two-touch maximum to reach Clear to Close (CTC) and ensure 95% of loans close on time.
- Post-Funding: Answer all post-funding issues on the same day and clear conditions as required.
- Communication: Proactively communicate with the team and translate technical conditions into layman's terms for borrowers.
- Experience: Minimum 3 years of underwriting or processing experience.
- Technical Expertise: Extensive knowledge of investor guidelines and proficiency in $DU/DO$ and LP.
- Detail Oriented: Expertise in analyzing cash, credit, capacity (income), and collateral.
- Education: High school diploma or equivalent.
- Work Ethic: A 40 hours per week commitment with a strong sense of accountability.
If you are interested in this role please email me your resume and a quick 1-2 minute video introducing yourself, background, and why this position peaked your interest to Zack.tarbet@originpoint.com.