What are the responsibilities and job description for the Mortgage Loan Processor position at Sonic Loans®?
Company Description Sonic Loans® is a mortgage company focused on delivering exceptional service and competitive pricing for both purchase and refinance home loans. The organization offers a wide array of loan options designed to help clients find the mortgage solution that fits their needs. Sonic Loans® operates in a highly regulated environment and adheres to all applicable state and federal compliance standards. Team members are encouraged to provide a streamlined, transparent lending experience that emphasizes customer education and support.
Role Description The Mortgage Loan Processor at Sonic Loans® is a full-time, on-site role based in Dearborn, MI. This role is responsible for managing the loan file from application through closing, including gathering and verifying borrower documentation, reviewing credit and income information, and ensuring files meet underwriting and regulatory requirements. The Mortgage Loan Processor will communicate regularly with loan officers, underwriters, title companies, and borrowers to resolve conditions, clarify requirements, and maintain accurate status updates. Daily responsibilities include data entry into loan origination systems, tracking deadlines, preparing disclosures, and maintaining detailed records to support a timely and compliant loan process.
Qualifications
Role Description The Mortgage Loan Processor at Sonic Loans® is a full-time, on-site role based in Dearborn, MI. This role is responsible for managing the loan file from application through closing, including gathering and verifying borrower documentation, reviewing credit and income information, and ensuring files meet underwriting and regulatory requirements. The Mortgage Loan Processor will communicate regularly with loan officers, underwriters, title companies, and borrowers to resolve conditions, clarify requirements, and maintain accurate status updates. Daily responsibilities include data entry into loan origination systems, tracking deadlines, preparing disclosures, and maintaining detailed records to support a timely and compliant loan process.
Qualifications
- Strong knowledge of the Mortgage Industry and Mortgage Lending practices
- Hands-on experience with Loan Processing and Loans from application to closing
- Familiarity with Underwriting guidelines and documentation requirements
- Attention to detail, organizational skills, and ability to manage multiple files simultaneously
- Effective written and verbal communication skills with a customer-focused mindset
- Proficiency with loan origination systems and standard office software tools
- Ability to work on-site in Dearborn, MI and collaborate with cross-functional teams
- Previous experience as a mortgage processor or in a related lending role preferred
- High school diploma or equivalent required; additional education in finance or business is a plus