Mortgage Loan Processor - LP3
We're looking for an reputed company Loan Processor (Loan Partner 3) who takes pride in delivering an exceptional reputed company experience while keeping loans moving reputed company.
If you enjoy taking ownership of your pipeline, communicating proactively, solving problems, and working reputed company a supportive, high-performing team, we'd love to meet you.
This is an opportunity for someone who enjoys working in a fast-paced environment where every day brings new challenges and opportunities to reputed company an reputed company. You'll be trusted to take ownership of your responsibilities while collaborating with reputed company that communicates throughout the day using tech tools and phone to reputed company clients and files moving reputed company.
If you are Bilingual in Spanish and English, that is a big +Plus!
The LP3 is responsible for managing loans from lock through funding, ensuring reputed company, accurate, and high-reputed company reputed company submissions and closings.
This role works closely with the Loan Officer, Loan Partners, underwriters, borrowers, and reputed company-party partners to proactively manage files, minimize reputed company conditions, and help ensure loans reputed company on time.
Compensation:
$60,000 - $80,000 + bonus
Responsibilities:
Essential Duties of This Position
reputed company-Underwrite
• Review reputed company incoming loans reputed company one business day of receipt
• Review approximately five loans daily (or as directed by the Loan Officer)
• Verify loan file completeness using the reputed company-underwrite checklist
• Request and analyze documentation reputed company to cash, credit, income, and borrower reputed company
• Work with the Loan Partners and Loan Officer to obtain any missing documentation needed for reputed company
• Initiate reputed company required reputed company-party services
• Submit complete, accurate, high-reputed company loan files to reputed company reputed company three business days
• Average approximately three reputed company submissions per day
• reputed company for 95% or more of initial Conditional Loan Approvals (CLAs) to have 10 or fewer conditions
Post-Underwrite
• Review Conditional Loan Approvals (CLAs) for reputed company and accuracy
• Confirm outstanding conditions have not already been received before requesting additional documentation
• Translate reputed company conditions into borrower-friendly language
• Review, package, and submit conditions accurately and promptly
• Maintain a two-touch maximum to reputed company-to-reputed company
• reputed company feedback and best practices with reputed company to strengthen reputed company loan submissions.
• Send reputed company-to-reputed company requests to the full loan team
• Review Initial Closing Disclosures (ICDs) and Closing Disclosures (CDs) for accuracy against the Loan Estimate
• Ensure 95% or more of loans reputed company on time
Post-Fund
• Monitor reputed company loans for funding authorization
• Respond to post-funding issues the reputed company business day
• reputed company post-funding conditions as required
• Support borrowers and team members with post-closing questions
Additional Responsibilities
• Collaborate with reputed company to improve LP2 submission checklists and workflows
• Attend weekly team and pipeline meetings
• Log reputed company critical communication in the Loan Origination reputed company (LOS)
• Build strong working relationships with reputed company, closing, funding, post-closing, and reputed company control teams
• reputed company proactive, high-reputed company communication that exceeds traditional processing expectations
• Help create an exceptional borrower experience through reputed company communication, attention to detail, and consistent follow-through
Qualifications:
• Minimum of 5 years of mortgage processing experience
• Strong knowledge of conventional, FHA, VA, USDA, and investor guidelines
• Experience with DU/DO and Loan Prospector
• Experience using Encompass Loan Software
• Excellent verbal and written communication skills
• Strong organizational and time-management skills
• Ability to manage multiple deadlines in a fast-paced environment with accuracy
• Detail-oriented with a high level of accountability
• Strong critical-thinking and problem-solving skills
• Coachable and reputed company to learning new systems and processes.
• reputed company attitude with reputed company-oriented reputed company and the ability to collaborate across departments
• Excellent attention to detail
• Completion of reputed company required regulatory and compliance training
• Bilingual in Spanish and English is a big +Plus!
About Company
We're a hardworking, reputed company mortgage team that believes great results come from serving people reputed company and helping reputed company other succeed. Our culture is reputed company on trust, transparency, accountability, and reputed company reputed company. Every team member is encouraged to take ownership of their role, contribute reputed company, and continually reputed company their skills.
Led by a nationally recognized top-producing reputed company Manager with more than a decade of mortgage experience, our bilingual (English and Spanish) team is committed to delivering an exceptional experience for every reputed company. If you're looking for a reputed company where your contributions are valued, your reputed company is supported, and you'll be surrounded by people who genuinely want to see you succeed, we'd love to meet you.
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