Mortgage Loan Processor

Job Description

Mortgage Loan Processor

• Collect loan documents including income, employment verification, bank statements, property documentation, credit reports, etc.
• Analyze financial data calculating debt to income ratios and other financial metrics to evaluate loan suitability.
• Ensure the application is complete and accurate before submitting it to the underwriter for review.
• Contact borrowers to request missing information, update them on loan status, and answer questions.
• Clear conditions and collect documents needed from underwriting.
• Track loan status throughout the process and address any issues that arise.
• Communicate proactively with internal teams, clients, and external partners, to provide updates on request status and progress.
• Ensure accuracy and compliance with regulatory requirements.

Required skills and qualifications:

• MINIMUM of 5 years experience of working in a high volume mortgage environment
• Attention to detail with the ability to carefully review documents for accuracy and identify potential errors.
• Strong organizational skills to efficiently manage large volumes of documents and files within the pipeline.
• Financial analysis skills being able to understand financial statements, credit reports, and debt-to-income ratios.
• Effectively communicate with borrowers, loan officers, underwriters, etc.
• Proficiency in computer software and technology savvy.
• Able to keep up with a fast-paced environment.
• Willingness to communicate primarily by phone, email and text.

• Salary plus commission
• This position is eligible for bonuses.
• This position is eligible for commissions.

This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.

• Full training in the sales process and products
• Great Benefit package including:
• Full-Time Base plus Commission Role
• Health, Dental and Vision Insurance
• Life Insurance
• Paid Time Off
• 401(k)
• True potential for advancement, we always endeavor to promote from within.