Junior Loan Processor

Description

The Junior Processor assesses the financial history of loan applicants to determine whether applicants are eligible to obtain the loan.

• Research and verify information about loan applicants as required.
• Examine assets given as security and determine whether assets are suitable.
• Help to examine if the loan applicant has the capacity to repay the loan and ensures the loan applicant has reliable streams of income.
• Pipeline management of loans where disclosures have not been returned.
• Basic Office functions include, but are not limited to: assisting LO with making copies, follow‑up phone calls, collecting and inputting data into the system, ordering items needed for completion of the loan file.
• Able to comply with the policies and procedures outlined in the Company Handbook.

• High School Diploma or Equivalent.
• One (1) to Three (3) years prior Loan Processing/Jr. Processing or Loan Set up experience in the mortgage industry is preferred.
• Knowledge of Freddie Mac, Fannie Mae, and FHA/VA guidelines.
• Knowledge of general federal and state mandated consumer disclosure requirements.
• Familiarity with automated underwriting technology (i.e., Fannie Mae Desktop Underwriter and Freddie Mac Loan Prospector).
• Proficient in data entry and management.
• Must be familiar with TILA/RESPA Integrated Disclosure (TRID).
• Experience in the mortgage industry preferred.
• Ability to deliver effective results.
• Reliable transportation, valid driver’s license, and current automotive insurance.
• Sound judgment and decision‑making skills.
• Ability to work under pressure and meet deadlines with minimal supervision.
• Excellent service skills.
• Excellent organizational skills.

• As needed, travel internationally between the United States and Mexico to meet business needs.

• English preferred;
  Bi‑Lingual (English/Spanish) desired.

• PMG will offer a competitive compensation package commensurate with the applicant’s background and experience.