What are the responsibilities and job description for the Mortgage Loan Processor position at Silverton Mortgage?
Why Silverton Mortgage
Work Style: Remote
Pay: The expected base pay range for this position is from $55,000 to $60,000 plus additional bonus opportunity resulting in an expected total annual compensation of $80,000-90,000. The annual compensation range is based on experience, qualifications, and other relevant factors. Final compensation decisions will take into account a variety of considerations, including individual skills, internal equity, and organizational needs.
Job Summary
The Processor will work in conjunction with assigned Mortgage Loan Originators, Underwriters, and Closers. The Processor is responsible for
gathering the necessary paperwork and documentation required for the loan application. Their duties include carefully reviewing mortgage
applications to confirm that all essential fields have been completed, organizing additional application materials, and submitting applications
on schedule.
Job Functions
File Management and Communication
input.
requirements.
Requirements And Qualifications
Education: High school diploma or equivalent required.
Years of Related Experience: Minimum 3 years processing experience.
Knowledge, Skills And Abilities (KSAs)
Business Unit -
Silverton Mortgage
- We are a people first organization that was voted a top place to work by the Atlanta Journal and Constitution and the Financial Services Industry
- We believe in giving back and we do so through The Silverton Foundation
- Our strong communication skills drive customer satisfaction
- We offer extensive product lines and maintain an in-house loan process that offers a competitive edge
- We have fun!
Work Style: Remote
Pay: The expected base pay range for this position is from $55,000 to $60,000 plus additional bonus opportunity resulting in an expected total annual compensation of $80,000-90,000. The annual compensation range is based on experience, qualifications, and other relevant factors. Final compensation decisions will take into account a variety of considerations, including individual skills, internal equity, and organizational needs.
Job Summary
The Processor will work in conjunction with assigned Mortgage Loan Originators, Underwriters, and Closers. The Processor is responsible for
gathering the necessary paperwork and documentation required for the loan application. Their duties include carefully reviewing mortgage
applications to confirm that all essential fields have been completed, organizing additional application materials, and submitting applications
on schedule.
Job Functions
File Management and Communication
- Manages pipeline of 20-25 loans per month, including purchases and refinances.
- Compiles and verifies borrower information for residential mortgage loans.
- Calculates borrower income, assets, and liabilities.
input.
- Gathers required documentation from borrowers and third parties.
requirements.
Requirements And Qualifications
Education: High school diploma or equivalent required.
Years of Related Experience: Minimum 3 years processing experience.
Knowledge, Skills And Abilities (KSAs)
- Proficient with DU/GUS/ LP.
- Familiar with FHA, VA, USDA and conventional products.
- Proficient Mortgage Loan Origination Systems (LOS).
- Excellent written and verbal communication skills along with solid computer skills.
- Analytical thinker and consultative mind to support both team members and managers in all areas of the business.
Business Unit -
Silverton Mortgage
Salary : $80,000 - $90,000