What are the responsibilities and job description for the Loan Processor position at Sun West Mortgage Company?
Full job description
Overview
We are seeking a detail-oriented and self-motivated Loan Processor to join our dynamic Sun West Mortgage team. The ideal candidate should have a background in loan processing, pre-underwriting, with an understanding of FHA, VA, USDA, FNMA & FHLMC guidelines.
Qualifications
- Strong customer service skills required
- Must possess strong mathematical and judgment skills
- Must be detail-oriented, organized, and able to meet deadlines
- Must comply with industry-related regulations, requirements, and state/federal laws
- Ability to work independently to meet production and quality goals
- Proficient with Microsoft Office suite
- Extensive telephone usage
- Extensive oral and written communication required
Responsibilities
- Perform a thorough review and analysis of borrower's credit, employment, income, and assets and supporting documentation as required by the loan program before submitting to underwriting.
- Verify all required documentation (pre-underwrite) in the file.
- Verify that an application is complete and accurate; and identify any potential issues that may arise in underwriting.
- Ensure the accuracy of documentation included but not limited to the loan application (1003)
- Communicate directly with the Loan Originator, customer, and underwriter to obtain initial and any missing documentation required to qualify for the loan.
- Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures.
- Communicate with various companies credit agencies, Flood Certificate, Title Commitment, and payoff information.
- Verify that vendor orders are complete & invoices received
- Manage pipeline by completing and submitting reports within allotted turn-around times.
- Weekly pipeline reviews and loan officers and team
- Assist set-up of loans.
- Document all communication related to the loan application in the conversation log.
- Assist with post-closing documentation
Pay: $50,000.00 - $60,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
Job Type: Full-time
Pay: $50,000.00 - $60,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
Benefits:
Health Insurance, Sick Leave, Vacation & Paid Time OffSalary : $50,000 - $60,000