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Loan Processor

Posted: 02/03/2021

 Loan Processor job summary
Our local mortgage company is currently experiencing rapid growth. We are interested in expanding our capacity to provide mortgage loans to home buyers, and we are looking for an experienced Loan Processor to join our team. The successful applicant will be responsible for accurately managing residential real estate loan documentation through our established systems, and reviewing it to ensure it is completed in full and complies with current mortgage regulations and policies. We encourage all who are qualified and want to work with a dynamic and highly productive team to apply.
Loan Processor responsibilities and duties
Review initial loan approval and work with borrower to gather appropriate documentation
Collect all required documentation for the loan package
Create a loan submission package for the Underwriting department
Submit files to assigned Underwriter
Satisfy all conditions when received from Underwriter
Ensure that approval falls within the established lending guidelines
Communicate with other professionals, including attorneys, county clerks and title companies
Loan Processor qualifications and skills
High School Diploma or GED is required
2+ years loan processing experience or more required
Basic knowledge of underwriting terminology
Strong attention to detail and accuracy
Effective written and verbal communication skills
In-depth knowledge of the real estate industry and current trends

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