Loan Processor
Description:
Job Description
$47,000 - $52,000 yearlyResponsibilities:
Adhere to all lending and regulatory guidelines and policies while preparing the loan file
Obtain property documentation to process mortgage loan files, including appraisals, inspections, title searches, site surveys, contracts, and property tax records
Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine creditworthiness
Assist borrowers in determining the best mortgage type based on interview and situation
Prepare and submit detailed loan packages to the lender underwriting department for approval or denialQualifications:
Experience in mortgage lending and knowledge of loan types, such as FHA, FHLB, FNMA, or VA loans required
Must possess excellent written and verbal communication skills
Superb analytical skills, time management skills, and attention to detail
We prefer an Associate’s degree in accounting, finance, or business - High school diploma or GED required
1 year minimum experience in loan processing is required
About Company
The Lending Group Co is a retail mortgage lender that provides a complete range of premium mortgage products and services to meet the needs of its clients. We originate first and second residential mortgage loans for Conventional, FHA, VA, Jumbo, and Reverse borrowers Nationwide.