Loan Processor at Jobot

Alpharetta, GA 30005

About the Job

Loan Processor

This Jobot Job is hosted by: Samantha Lima
Are you a fit? Easy Apply now by clicking the "Quick Apply" button
and sending us your resume.
Salary: $60,000 - $65,000 per year

A bit about us:

With over 20 years in the mortgage industry, my client is one of the most trusted mortgage lenders in the southeast. They are currently experiencing significant growth and expect this trend to continue for many years. They are seeking a highly qualified Loan Processor to join our Retail team and support our increased volume.

If you are looking for a Loan Processor position, we encourage you to consider joining our team!

Why join us?

Benefits:

401(k)
Dental insurance
Employee discount
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid time off
Vision insurance

Job Details

Job Overview:

Perform complete and in-depth review of mortgage loan files including; income, assets, credit and collateral
Utilize client’s loan operating system to ensure accurate data entry
Underwrite loans in accordance with client guidelines; utilizing AUS or manual guidelines
Evaluate and ensure overall loan documents are accurate, complete, and compliant
Ability to identify and/or clear red flag or alerts
Issue loan decision and condition file accordingly
Review and approve conditions for compliance and completion of loan file
Provide excellent customer service to internal and external clients
Maintain current knowledge of client and investor requirements
Resolve pre and post-closing issues as they relate to underwriting
Assist Processors/Loan Officers in understanding underwriting decisions and conditions

Requirements:

Verifies, compiles, and inputs/updates application information for mortgage loans
Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type, and amount of mortgage applied for including but not limited to borrower credit, assets, liabilities, and length of employment
Recommends that loan not meeting standards be denied or restructured
AUS after application data is confirmed to be accurate and meets guidelines
Order verifications (income, assets, credit, liabilities) to verify accuracy of information stated on loan application
Complete and generate various loan application forms/disclosures for borrowers
Order title work, insurance, condo docs for approval, appraisals, and any other property related items required for the loan
Perform necessary follow up on any items required for the loan in a timely manner (i.e.…title, insurance, appraisal, loan conditions from borrower, etc.)
Informs supervisor and/or Loan Originator of discrepancies on any loan documentation provided or ordered
Submits mortgage loan application file for underwriting approval
Emails/mails approval and denial letters to applicants
Submits approved mortgage loan file to closing departments and closing settlement agent/attorney for settlement
Uses all required Checklists for Underwriting and Closing Departments
Keeps records/logs/pipeline report on status of branch loans assigned to their queue, including number of new applications and loans approved, canceled, or denied
Communicate effectively with borrower and/or Loan Originator regarding any missing or delayed documentation required for Loan Approval or Final Loan Approval
Performs other related duties as assigned
Submits conditions to UW
Oversees Jr LP duties if applicable to branch

Qualifications:

5 years Mortgage Loan Processing

Interested in hearing more? Easy Apply now by clicking the "Quick Apply" button.