Mortgage Loan Processor

Mortgage Loan Processor

Key responsibilities:

Client Interaction and Loan Process:

· Collect loan documents including income, employment verification, bank statements, property documentation, credit reports, etc.

· Analyze financial data calculating debt to income ratios and other financial metrics to evaluate loan suitability.

· Ensure the application is complete and accurate before submitting it to the underwriter for review.

· Contact borrowers to request missing information, update them on loan status, and answer questions.

· Clear conditions and collect documents needed from underwriting.

· Track loan status throughout the process and address any issues that arise.

· Communicate proactively with internal teams, clients, and external partners, to provide updates on request status and progress.

· Ensure accuracy and compliance with regulatory requirements.

Required skills and qualifications:

- MINIMUM of 5 years experience of working in a high volume mortgage environment

· Attention to detail with the ability to carefully review documents for accuracy and identify potential errors.

· Strong organizational skills to efficiently manage large volumes of documents and files within the pipeline.

· Financial analysis skills being able to understand financial statements, credit reports, and debt-to-income ratios.

· Effectively communicate with borrowers, loan officers, underwriters, etc.

· Proficiency in computer software and technology savvy.

· Able to keep up with a fast-paced environment.

· Willingness to communicate primarily by phone, email and text.

Compensation:

Salary plus commission

This position is eligible for bonuses.

This position is eligible for commissions.

This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.

What we offer:

Full training in the sales process and products

Great Benefit package including:

Full-Time Base plus Commission Role

Health, Dental and Vision Insurance

Life Insurance

Paid Time Off

401(k)

True potential for advancement, we always endeavor to promote from within.