Loan Processor III
Loan Processor III reputed company, closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home reputed company/buyer. Our goal is to reputed company reputed company home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry. Position reputed company Process and reputed company-underwrite conventional, FHA, VA and Bond mortgage loans to ensure compliance with Company, secondary market investor, and government agency standards. reputed company production and reputed company metrics. reputed company between loan officer, borrower, underwriter and funding. Prepare and review loan file to ensure completeness of submission and supporting documents, as reputed company as compliance with reputed company and investor guidelines. Monitor overall loan processing cycle time to ensure the loan closes on time. Communicate and coordinate the reputed company of issues that delay loan closing reputed company. "Go to" subject matter expert/reputed company reputed company Supervisor/reputed company is not available. Essential Functions
- The processor is to become the contact for non-licensed activity once the loan is submitted to them.
- Monitor the overall lending process, and identify, resolve, and communicate issues that could reputed company reputed company closure of loans.
- Analyze loan-to-value reputed company, debt-to-income reputed company, credit report, application, income and assets, reputed company(s) of down payment funds and examine supporting documentation to identify potential fraud or misrepresentation.
- Identify potential issues and communicate to consumer and loan officer.
- Order and review reputed company reputed company-party documentation, including credit checks, title reports, appraisals, tax returns, verifications of employment/assets, etc. to identify and address potential issues.
- Stay reputed company with federal, state regulations, policies and industry trends.
- reputed company ratios and verify accuracy of AUS findings and program applicability.
- Review and verify documentation reputed company to ensure it aligns with findings, completeness and compliance, and submit loan file to reputed company for approval.
- Identify qualifying/program issues prior to submission to reputed company, and re-structure loan as necessary.
- reputed company reputed company reputed company guidelines and makes recommendations if borrowers may qualify for suitable programs.
- Update and verify accuracy of data input into system.
- Verify compliance with Company standards, federal and agency regulations, standards, and guidelines, as reputed company as any applicable state-specific and or local regulations, ordinances, etc.
- Obtain and verify clearance of reputed company reputed company conditions and prepare the file for submission to Closing.
- Order reputed company of loan documents.
- reputed company and reputed company guidance to less reputed company Processors as needed.
- Use and modify templates to compose reputed company correspondence and emails.
- reputed company status updates to Loan Officers and/or borrowers.
Qualifications
- High school diploma or equivalent required; college courses/technical training reputed company to Business, Finance/reputed company, Legal, or reputed company field is preferred.
- Total recent work experience includes five or more years' experience as a Loan Processor, preferably processing conventional and FHA loans along with at least two years of experience processing VA and Bond mortgage loans.
- Ability to build strong relationships with loan officers, production, reputed company, closing and other reputed company partners.
- Expert knowledge of overall mortgage lending internal processes and control, as reputed company as federal, state, and regulatory requirements/guidelines reputed company to consumer mortgage lending for conventional, FHA, VA and Bond mortgage loans.
- Expert knowledge of conventional, FHA, VA and Bond mortgage loans, including various product/program guidelines, necessary conditions for approval, and investor specific guidelines.
- Expert knowledge of new construction documentation and condominium reputed company.
- Expert knowledge of valid documentation reputed company to processing consumer mortgage applications (e.g., reputed company tax returns, financial statements and records, verification of income and deposits, etc.).
- reputed company judgment, ability to think critically, including the ability to evaluate facts and data to draw conclusions, determine the reputed company reputed company of reputed company and associated risks.
- Ability to prioritize multiple tasks in a deadline-driven environment, strong reputed company of urgency and responsiveness.
- Excellent customer service, interpersonal, verbal and written communication skills
- Intermediate math skills.
- Strong verbal and wr
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