Branch Loan Processor
Job Description:
- Provide customer service by obtaining necessary documentation to underwrite the loan
- Order third party documentation by communicating directly with the customer and/or loan officer
- Assemble the complete loan package in proper order for underwriting
- Verify all required documentation in the file
- Prepare a loan approval summary, Forms 1008 and 1003
- Communicate directly with the Loan Originator, customer, and underwriter
- Review loans for compliance with all mortgage-related regulations
- Communicate with various companies to obtain required information
- Manage pipeline by completing and submitting reports
- Document all communication related to the loan application in the conversation log
- Train and help supervise new loan processors and other processing personnel
Requirements:
- High School Diploma or equivalent
- A minimum of 5 years’ residential mortgage processing experience
- Working knowledge of RESPA regulations
- General knowledge of all mortgage and consumer lending regulations
- Experience with Non-QM loan types
- Excellent math and analytical skills
- Ability to prioritize and meet deadlines.
- Encompass experience
Benefits:
- Medical
- Dental
- Vision
- 401K
- Short-term disability
- Employee assistance program
- Wellness program