02/21/2022
Looking for an EXPERIENCED loan processor who has current experience in wholesale mortgage processing and is comfortable with at minimum the following lenders: UWM, Home Point, EPM, Loan Depot, and a willingness to learn new lenders as the need arises.
Must be able to provide workspace at home that is safe, suitable for work, and provide a distraction free environment from background noises in order to interact with clients during a regular work schedule Monday through Friday 8:30am to 5:30pm
Job Requirements
Must be willing to follow detailed policy and procedures in every aspect of the job to work effectively with a team providing the client with an outstanding experience.
Follow written risk and compliance policies and procedures for business activities.
Performs all processing, pre-underwriting, and pre-closing tasks required to proactively manage mortgage loan files from receipt in processing to final disposition.
Processes VA, Conventional loan, VA Jumbo, Conventional Jumbo, and Non-QM applications. Verifies accuracy and adherence to investor guidelines of all documents required for a complete submission to Underwriting.
Timely response to all customers and third-party inquiries and adherence to customer service excellence
Will function as the "Team Lead" to oversee all applications from initial application to closing, will work closely with an LOA, and a Junior Processor to ensure all items are processed efficiently.
Initiates follow-up phone calls to customers and third parties to obtain necessary loan documentation, title, credit and/or collateral information.
Meets or exceeds monthly performance goals to include production, quality and customer satisfaction.
Ensures adherence and compliance with all state and federal and investor guidelines and regulations.
Meets stated objectives for quality submissions to Underwriting and maintains minimum threshold for Underwriting touches per file.
Maintains proactive review of pipeline to ensure that rate locks do not expire and lender paid rate locks do not exceed maximum dollar threshold set by management.
Meets quality objectives for Clear to Close status and maintains minimum threshold for Underwriting re-finals.
Coordinates closings with all parties and assists with post-closing follow-up, as applicable.
Serves as a resource to less experienced team members and may assist with member escalated issues.
Assists with the facilitation of training as needed.
Identifies opportunities for process improvements and serves as a project resource in the implementation of system enhancements or process improvements.
Successful and timely completion of all compliance courses and mortgage product training and assessments, required by the business.
Willingness to change an adapt as often as needed to be successful.
Has a positive mindset and can-do attitude at all times and works as a team towards group goals.
MINIMUM EXPERIENCE:
High School Diploma/General Equivalency Diploma
5 years experience of first mortgage loan processing.
Successful completion of first mortgage process proficiency assessment and or certification required.
Obtain and maintain NMLS registration within 12 months of entering role preferred
Strong professional written and verbal communication skills.
Ability to collaborate and work in a team environment.
Strong time management and organizational skills.
Experience and proven success in handling pipeline volume of 45+ loans.
Ability to multi-task and problem solve.
Detail oriented with a strong focus on quality.
Compensation
You are paid within the salary range based on your experience and market position. The salary range for this position is: $80,000.00 - $100,000
We have a company health plan through Kaiser, and offer 401K with company matching.
