Mortgage Loan Processor - Reliable Recruiting
San Antonio, TX
About the Job
Mortgage Loan Processor
Location: San Antonio TX- Office-Based
Employment Type: Full-Time
Compensation: Hourly + Performance Bonuses
About the Role
Are you a detail-oriented professional with experience in processing mortgage loans? Do you thrive in a fast-paced environment where accuracy and efficiency are key to success? Join our team as a Mortgage Loan Processor, where you’ll play a pivotal role in ensuring smooth and timely loan closings while working with a supportive and experienced team.
We’re seeking skilled loan processors with a strong understanding of mortgage products and the ability to collaborate with loan officers, underwriters, and clients to deliver exceptional service.
Key Responsibilities
- Review Loan Applications: Verify the accuracy and completeness of loan applications and supporting documents.
- Coordinate Documentation: Collect, review, and validate borrower documentation, including income, assets, credit, and property information.
- Maintain Compliance: Ensure all loans meet regulatory guidelines and lender-specific requirements.
- Communicate with Stakeholders: Serve as the primary point of contact for loan officers, borrowers, underwriters, and other parties to ensure a smooth process.
- Monitor Pipeline Progress: Track loan files from submission to closing, managing deadlines and ensuring all required conditions are met.
- Resolve Issues: Identify and address any discrepancies or missing information promptly to avoid delays.
- Stay Market-Informed: Stay updated on current mortgage guidelines, industry trends, and regulatory changes.
What We’re Looking For
- Industry Experience:
- Minimum 2-3 years of experience as a mortgage loan processor or in a similar role.
- Familiarity with conventional, FHA, VA, and USDA loan programs.
- Technical Skills:
- Proficiency with Loan Origination Software (LOS) and other mortgage processing tools.
- Strong skills in document management and digital communication platforms.
- Attention to Detail:
- Exceptional organizational skills and the ability to manage multiple files simultaneously with accuracy.
- Communication Skills:
- Strong verbal and written communication skills to effectively liaise with stakeholders and explain loan requirements.
- Regulatory Knowledge:
- Understanding of state and federal mortgage regulations, including RESPA, TILA, and TRID compliance.
- Problem-Solving Ability:
- A proactive approach to identifying and resolving issues during the loan processing stage.
Source : Reliable Recruiting