If you are a Loan Processor with experience, please read on!
What You Will Be Doing
Validates the information on the application and confirms the borrowers creditworthiness. Verifies income calculations.
Communicates with the borrowers, underwriters, and loan originators in a timely manner. Updates the borrowers and loan originators on the status of the file.
Requests and reviews documentation, such as bank statements and letters of explanation, from the borrowers and loan originators to receive approval and close the file.
Orders tax transcripts, social security verifications, USPS confirmations, LDP/GSA reports, FHA case numbers, VA case numbers, VA certificates of eligibility, USDA conditional commitments, appraisals, final inspections, surveys, bank verifications of deposit, flood certificates, and title work as well as obtains homeowners insurance policies.
Consults external employers to verify borrowers employment and earnings.
Perform Mavent reviews and MERS reports to confirm files are eligible and compliant.
Updates information, such as closing dates and borrower details, in Encompass and on reports.
Meet the service-level agreements to ensure loans close on time.
Maintains current knowledge of Fannie Mae, Freddie Mac, FHA, VA, and USDA guidelines as well as state and federal regulations.
What You Need for this Position
Experience with duties listed above and -
Analytical Thinking
Customer Service
Communication Proficiency
Organizational Skills
Time Management
Detail Oriented
Computer Proficiency
So, if you are a Loan Processor with experience, please apply today!
This job is open to telecommute candidates.
Applicants must be authorized to work in the U.S.
Email me to apply for this position