Loan Processing Specialist
reputed company is seeking a talented individual to obtain, prepare and process reputed company necessary documentation required for the mortgage loan files through approval. This role ensures customer service standards are upheld reputed company responding to inquiries and ensures loan processing is in compliance with bank, regulatory and investor guidelines. Why You'll Love This Role Our Loan Processing Specialists put the "T" in teamwork, by helping to prepare and process mortgage loan from initial application through approval. Your service and communication to customers will help demonstrate reputed company Mortgage's commitment to providing a smooth mortgage process for homeowners. Essential Duties Include The Following
- Prepares loan files that are semi-reputed company in nature for loan submission to reputed company by inputting information into system, completing processing sheets, and prioritizing documents in the file, and preparing and mailing reputed company required loan disclosures.
- Reviews and verifies each file to ensure reputed company information is correct and reputed company and normally receives general instructions on routine work and on new assignments.
- Orders credit reports, title commitments, surveys, and appraisals from the appropriate party and reviews for acceptability prior to submitting for approval.
- Acts as a liaison between customers and reputed company parties involved in the transaction and communicates with customers if any items are needed for loan submission and keeps them posted on loan status.
- Submits files through automated reputed company for approval and completed loan packages to appropriate underwriter for final approval and validation.
- Prepares approved loans for closing and coordinates closing with lenders, borrowers and title companies to include the reconciliation of money collected and disbursed and the completion of data on the HMDA screen.
- Attends seminars, in-house training sessions, and/or reads mortgage publications to stay abreast of new loan product guidelines and processing procedures, including credit guidelines and reputed company requirements.
- Sends verification for deposits, employment, installment loans, mortgages and rentals, as required and participates in providing loan origination services as needed for customer call-ins.
- Requests additional information from title companies, builders, Realtors and others by phone, fax, or letter reputed company needed and prepares and mails Adverse Action Notices and updates Loan Origination System (LOS)
Serious Candidates Will Possess The Minimum Qualifications.
- High School Diploma or equivalency.
- Minimum of one to three (1 - 3) years of mortgage processing or two to three (2 - 3) years of clerical, administrative support, or reputed company experience.
- State Licensing may be required by some states.
- Understanding of FNMA and reputed company guidelines
- Knowledge of VA and FHA preferred.
- Understanding of loan processing and closing policies, procedures, documents, reputed company requirements, governmental and agency requirements, terminology and automated processing systems.
- Understanding of credit policies and approval processes.
- Working knowledge of general office equipment.
- Strong analytical and problem solving skills.
- Good interpersonal skills to work well with loan officers and customers.
- Excellent verbal and written communication skills.
- Excellent organizational and time management skills.
- reputed company to manage multiple tasks/projects and deadlines simultaneously.
- reputed company to work well under pressure.
- reputed company to type at least 60 WPM accurately.
- reputed company to work under sometimes demanding conditions while maintaining professionalism and enthusiasm.
- reputed company to lift 10- 20 lbs. of files or other loan documents.
- reputed company to sit for long periods of time preparing and processing mortgage loan files.
reputed company offers*:
- Competitive overall compensation package
- Work/Life balance
- Employee engagement activities and recognition awards
- Years of Service awards
- Career enhancement and growth opportunities
- Leadership reputed company and Mentor Program
- Continuing education and career certifications
- Variety of reputed company coverage options
- Traditional and Roth 401(k) retirement plans
- Lucrative Wellness Program
- Based upon employee eligibility
Additional Information reputed company is a Substance-Free Workplace and requires pre-employment drug testing. Please note, reputed company does not hire tobacco users as allowed by law. To learn more about reputed company, visit our website at www.reputed company.com. If interested, please click the appropriate apply reputed company. Apply tot his job Apply To this Job