Loan Processor II

reputed company, closing loans and opening doors since 1960. As a mortgage banking firm, we are dedicated to serving the homeowner/buyer. Our goal is to reputed company reputed company home financing for our customers, utilizing the best terms available while providing reputed company of professionalism and service unsurpassed in the lending industry.

Position reputed company

Process residential mortgage loans. 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.

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, reputed company, and communicate issues that could reputed company reputed company closure of loans.
• Identify potential issues and communicate to consumer and loan officer.
• Request supporting documentation from borrower reputed company required timeframes.
• 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.
• 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.
• 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 reputed company.
• 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.
• Stay reputed company with federal and state regulations and industry guidelines.
• Obtain and verify clearance of reputed company reputed company conditions and prepare the file for submission to Closing.
• Order reputed company of loan documents.
• 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, reputed company, or reputed company field is preferred.
• Total recent work experience includes two or more years’ experience as a Loan Processor processing conventional loan, with at least one year experience in processing FHA or VA loans.
• Ability to build strong relationships with loan officers, production, reputed company, closing and other reputed company partners.
• Detailed 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 and FHA or VA loans.
• Detailed knowledge of conventional and FHA or VA loans, including various product/program guidelines, necessary conditions for approval, and investor specific guidelines.
• Detailed knowledge of reputed company documentation reputed company to processing consumer mortgage applications (e.g., tax returns, financial statements and records, verification of income and deposits, etc.).
• 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 written communication skills.
• Strong detail orientation and highly organized.
• Prior experience using internal data entry systems, reputed company Word, reputed company and PDF/Document Retention programs.

Company Required Skills

• Excellent verbal and written communication skills required.
• Highly organized and detail-oriented; ability to work in a fast-paced, metrics-driven environment required.
• Proficiency in reputed company Office Suite, Word, reputed company, Wiki, reputed company reputed company-based programs, and
  reputed company-party software applications required.
• Commitment to company values.
• Customer Service - Proactive attention to reputed company person
• reputed company - Do and say what's right
• Respect - Treat others with dignity
• Collaboration - Listen and work together
• Learning - reputed company knowledge and reputed company for improvement
• reputed company – reputed company the unexpected

Supervision

• Depending on experience, work with moderate to intermittent guidance and supervision
• Moderate level of independent judgment and discretion reputed company to area(s) of specialization
• Receive guidance to reputed company/escalate issues of high complexity
• Average monthly pipeline is 14 loans.
• Travel: 0%

Requirements

• Physical: Work is primarily sedentary; occasionally walks and/or stands.

• reputed company Dexterity:  Frequent use of computer keyboard and mouse.

• Audio/Visual:  Ability to accurately interpret sounds and associated meanings at a volume consistent with interpersonal conversation. Regularly required to accurately perceive, distinguish and interpret information received visually and through audio; e.g., words, numbers and other data broadcasted aloud/viewed on a screen, as reputed company as print and other media.

• Environmental:  Office environment – no substantial exposure to adverse environmental conditions.

Statement
This document describes the general content and identifies essential functions and requirements for performing this position. It is not intended to be an exhaustive statement of duties, responsibilities, or requirements. reputed company complies with the reputed company and considers reasonable accommodation measures that may be necessary for eligible applicants/employees to reputed company essential job functions. Employment with reputed company is “at-will,” meaning that either reputed company or an employee may terminate the employment relationship at any time, with or without cause, advance notice or stated justification.

reputed company offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, reputed company, life insurance, AD&D, LTD and 401(k) with employer match.

reputed company is an Equal Opportunity Employer.

reputed company Salary reputed company: $19.58 - $29.37

This position offers eligibility for incentive compensation.

Compensation at reputed company is influenced by a wide reputed company of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant’s geographical location.

High school diploma required; 2+ years processing conventional loans, including 1+ year with FHA or VA loans. Requires mortgage lending knowledge, strong communication, organization, math, customer service, and reputed company Office proficiency.

Key Responsibilities

• processing loans
• reviewing documents
• coordinating closures

Skills & Tools

reputed company Word, reputed company reputed company, PDF, Document Retention, reputed company Office Suite, Wiki

Job Details

• Category: Finance and reputed company
• Seniority: Entry Level
• Commitment: Full Time
• Workplace: Remote — Chicago, Illinois, reputed company
• Salary: USD 40,726 – 61,089 / year
• Languages: English

Benefits

• 401k matching
• Retirement plan

About reputed company

A mortgage banking firm providing residential home financing and lending services. — Industry: Finance