2 Jobs in Boise, ID
Inspire Home Loans is Hiring a Remote Loan Processor
Inspire Home Loans (an affiliated company of Century Communities) is seeking a Loan Processor to work remotely supporting our West Region Team. The Loan Processor is responsible for achieving production goals in processing as established by the company. This role ensures exceptional customer service by maintaining a thorough knowledge of lending programs, policies, procedures, and regulatory requirements, demonstrating a commitment to professional ethics, and complying with Federal and State compliance policies. This position is remote, preferred location is West Region.
- Analyze conditions for conventional and government loan programs to ensure compliance with investor specifications (AUS and underwriters).
- Review and verify accuracy of all documentation to ensure guidelines are met.
- Set and explain proper expectations for the loan process and documentation needed to complete the loan application.
- Collect applicable conditions from the borrower for submission to underwriting.
- Proactively communicates with all parties (buyer, title/escrow, internal staff), providing timely updates and gathering all required documentation to ensure all conditions are met and full loan approval obtained.
- Notify Loan Officer of potential Change of Circumstances requiring a new Loan Estimate to be issued.
- Ability to process 19-22 closed loans per month and manage a pipeline of 45-60 loans.
- Ability to handle stress and escalations in a friendly, helpful manner.
- Follow up after loan closes to congratulate, thank, and provide the next steps to the customer.
- Respond to all Post-Closing phone calls/emails received, including applicants, approved borrowers, Inspire Home Loans staff, Century Communities staff, escrow, or title representatives.
- A willingness to cross-train and assist with other roles as directed by management.
- Perform other duties as needed or assigned.
- Teamwork attitude, ability to work independently, and be self-motivated.
- Familiar and up to date on mortgage regulatory compliance, practices, and procedures.
- Demonstrate an outstanding level of customer service skills.
- Excellent written and oral communication skills.
- Strong analytical skills and detail oriented.
- Ability to organize and prioritize assignments, manage, and perform multiple tasks.
- Must have a sense of urgency and the ability to meet strict deadlines.
- Willingness to work overtime if necessary.
- A high school or equivalent is required, college preferred.
- A minimum of 3-5 years of loan processing experience required, builder preferred.
- Knowledge of FNMA / FHLMC and FHA/VA/USDA programs required.
- Proficiency in DO, DU, LPA, and other Automated Underwriting Systems (AUS) technology.
- Strong familiarity with loan origination systems, Encompass a plus.
#LI-Remote
Job Summary
Full Time
$39k-49k (estimate)
05/16/2024
07/15/2024
inspirehomeloans.com
Newport Beach, CA
<25
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The job skills required for Loan Processor include Customer Service, Underwriting, Loan Processing, Loan Origination, Sense Of Urgency, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Processor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Processor. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Processor positions, which can be used as a reference in future career path planning. As a Loan Processor, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Processor. You can explore the career advancement for a Loan Processor below and select your interested title to get hiring information.
If you are interested in becoming a Loan Processor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Processor for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Processor job description and responsibilities
A loan processor reviews loan applications before sending them to the underwriter for approval.
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A loan processor will constantly work with computers and other electronic devices.
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Loan officers evaluate, authorize, or recommend approval of loan applications.
01/09/2022: Orange, CA
Loan processors have to request additional documentation that may not be readily available for an applicant, like bank statements from several months ago or past years’ tax documents.
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Not only do loan processors collect and organize all of the loan documents, but they also order and organize various third-party requirements.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Loan Processor jobs
Analyze applicant's financial status, credit, and property evaluation to determine the feasibility of granting the loan.
03/14/2022: Burlington, VT
Analyze potential loan markets to develop prospects for future loans.
01/23/2022: Cincinnati, OH
Approve the loan within specified time limits.
03/06/2022: Helena, MT
Communicate With Current and Potential Customers.
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The most common types of unsecured loan are credit cards, student loans, and personal loans.
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Step 3: View the best colleges and universities for Loan Processor.
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