Job Details

Mortgage Loan Processor Featured

  2021-01-18     The Veteran's Mortgage Source     311 Pacific Street #200     $50,000-$75,000 year  

We are a highly successful residential mortgage company that is seeking a mortgage loan processor. Must have a minimum of 2 years experience. Must know how to structure a loan, pull and analyze credit, review income and asset documents, have general knowledge of Fannie Mae, FHA, VA guidelines; stack and submit files, request and clear conditions. Looking for a genuine team player who is excellent in communicating professionally with clients and follow through with tasks and assignments. Must be self-motivated to figure out things along the way.

Responsibilities may include, but not limited to:
• Works directly with Loan Officer, Team Lead, Underwriters, Closers and Management.
• Analyze credit, income, assets, contract, appraisal etc
• Research guidelines for all loan programs to insure loan is processed to guidelines.
• Ensure completeness of 1003.
• Request Chain of Title from the title company and/or the seller attorney during the process of the loan.
• Familiar with income calculations and TRID guidelines.
• Create follow-up procedures for items requested on needs letters, appraisals, titles and approvals.
• Complete Clear to Close Audit for every file prior to submission to UW for CTC.
• Ensure borrower understands conditions for closing.
• Order subordination agreements upon receipt of appraisal and title.
• Analyze refinance title commitments to confirm that borrower is in title; property taxes are current and the number of liens on Schedule B.
• May schedule closing date and time with borrowers, LO’s and title companies.

• High school diploma or GED, some college preferred
• Minimum 2 years of loan processing experience
• Strong analytical skills, including manual income and asset calculations
• Experience calculating income and assets from statements and supporting documents
• Strong attention to detail and accuracy

*Please email your resume*

Do not contact this company in solicitation of any product or service.

apply below | save job

Apply for this Job

Apply Here

Get more jobs like these sent to your email. Register

Back to Search

Want an email alert with jobs like this one? Sign up today!