Mortgage Loan Processor

Mortgage Loan Processor

Location: San Antonio TX
- Office-Based

Employment Type: Full-Time

Compensation: Hourly + Performance Bonuses

About the Role

Are you a detail-oriented professional with experience in processing mortgage loans? Do you thrive in a fast-paced environment where accuracy and efficiency are key to success? Join our team as a Mortgage Loan Processor , where you’ll play a pivotal role in ensuring smooth and timely loan closings while working with a supportive and experienced team.

We’re seeking skilled loan processors with a strong understanding of mortgage products and the ability to collaborate with loan officers, underwriters, and clients to deliver exceptional service.

Key Responsibilities

• Review Loan Applications: Verify the accuracy and completeness of loan applications and supporting documents.
• Coordinate Documentation: Collect, review, and validate borrower documentation, including income, assets, credit, and property information.
• Maintain Compliance: Ensure all loans meet regulatory guidelines and lender-specific requirements.
• Communicate with Stakeholders: Serve as the primary point of contact for loan officers, borrowers, underwriters, and other parties to ensure a smooth process.
• Monitor Pipeline Progress: Track loan files from submission to closing, managing deadlines and ensuring all required conditions are met.
• Resolve Issues: Identify and address any discrepancies or missing information promptly to avoid delays.
• Stay Market-Informed: Stay updated on current mortgage guidelines, industry trends, and regulatory changes.

What We’re Looking For

• Industry Experience:
  • Minimum 2-3 years of experience as a mortgage loan processor or in a similar role.
  • Familiarity with conventional, FHA, VA, and USDA loan programs.
• Technical Skills:
  • Proficiency with Loan Origination Software (LOS) and other mortgage processing tools.
  • Strong skills in document management and digital communication platforms.
• Attention to Detail:
  • Exceptional organizational skills and the ability to manage multiple files simultaneously with accuracy.
• Communication Skills:
  • Strong verbal and written communication skills to effectively liaise with stakeholders and explain loan requirements.
• Regulatory Knowledge:
  • Understanding of state and federal mortgage regulations, including RESPA, TILA, and TRID compliance.
• Problem-Solving Ability:
  • A proactive approach to identifying and resolving issues during the loan processing stage.