Introduction:
We are seeking a highly motivated Mortgage Loan Processor to join our team. The ideal candidate will have a strong attention to detail, excellent communication skills, and a passion for helping clients achieve their homeownership dreams.
Job Responsibilities:
- Review and verify loan applications and supporting documentation
- Ensure all loan files are complete and accurate
- Communicate with clients, loan officers, and underwriters to obtain necessary information and documentation
- Prepare and submit loan files to underwriting for approval
- Coordinate with title companies, appraisers, and other third-party vendors
- Ensure compliance with all state and federal regulations
Job Brief:
As a Mortgage Loan Processor, you will play a critical role in helping clients navigate the home buying process. You will work closely with loan officers, underwriters, and clients to ensure a smooth and efficient loan process. This role requires a high level of attention to detail, strong communication skills, and the ability to work in a fast-paced environment.
Detailed Responsibilities:
- Review loan applications and supporting documentation for accuracy and completeness
- Communicate with clients to obtain missing information or documentation
- Prepare loan files for underwriting review
- Coordinate with third-party vendors to obtain necessary reports and documentation
- Ensure compliance with all state and federal regulations
- Provide excellent customer service to clients throughout the loan process
Requirements and Skills:
- High school diploma or equivalent; Bachelor's degree preferred
- 2+ years of experience in mortgage loan processing
- Strong attention to detail and organizational skills
- Excellent communication skills, both written and verbal
- Ability to work in a fast-paced environment and meet deadlines
- Knowledge of mortgage loan products and underwriting guidelines
- Proficiency in Microsoft Office and loan origination software
Frequently Asked Questions (FAQs):
Mortgage Loan Processors are responsible for reviewing and verifying loan applications and supporting documentation, communicating with clients and underwriters, and ensuring compliance with all state and federal regulations.
The ideal candidate will have a high school diploma or equivalent, 2+ years of experience in mortgage loan processing, strong attention to detail and organizational skills, excellent communication skills, and knowledge of mortgage loan products and underwriting guidelines.
This role requires the ability to work in a fast-paced environment and meet deadlines. You will work closely with loan officers, underwriters, and clients to ensure a smooth and efficient loan process.
Review and Approval:
This job description has been reviewed and approved by the HR department and the hiring manager.
