Loan Processor

Job Description

We are looking for a HIGH ENERGY, DETAILED and reliable Loan Processor to individual loans. You will undertake an intermediary role between wholesale lenders and our inside team. We are looking for qualified applicants to process loans in a timely manner with outstanding customer service, writing and phone skills. Loan processor duties and responsibilities will include analysis of the loan file from initial opening to drawing loan documents for final docs and everything in between.

Responsibilities

Perform initial review of the loan file

Collect and package the loan file for submission to the underwriter

Document the file and reach out to all participants for updated documents (Credit/income/Assets/Insurance/etc.)

Obtain loan applications daily

Edit application, or input application through Point and download to Automated Underwriting System (Desktop Underwriter) and run credit to obtain pre-approval

Document borrower information provided in application

Submit file to underwriter for Pre-Approval

Notify Loan Originator (Loan Advisor, A-List, or Loan Consultant) regarding prequalification, requirements, and decision (approval, counteroffer, denial)

Obtain all conditions required from borrower (i.e. income documentation, assets/bank statements, purchase contract and escrow instructions if purchase transaction)

Analyze all forms of income documentation

Send preapproval letter to borrower upon request

Maintain open communication with the borrower or Loan Originator

Skills

Be able to work in an office

Proven 3-5 year working experience in a loan processor role

Good knowledge of Calyx software and MS Office

Comprehension of direct/indirect lending procedures

In-depth understanding of relevant rules and regulations

Excellent communication and sales skills

Balance between customer satisfaction orientation and a results driven approach

Job Type: Part Time to Full-time as business picks upCompany Description

We are a Real Estate Firm and Mortgage Company. Please call Elizabeth @

Part-time