Job Details

Job Summary
Under general supervision of the Branch Manager, the Loan Processor is responsible for preparing mortgage documents for loan approval, advising clients/loan officers of needed documents according to established regulations and procedures and working with the title/escrow company towards “closing” of loan file.

Essential Job Functions
Assist 2 loan officers with loan processing, pre-approvals, referral partner and client communication  

 Set up new files
- Ordering appraisals and credit reports 
- Order title commitments, flood certifications, and other property certifications as required
- Customer communication regarding conditions required on loan approval
- Send for verifications as needed
 Process active files for final approval
- Re-submit for automated approval after verification of assets and income
- After loan approval, call customers and realtors with any conditions
 Issue closing instructions to closing department.
- - Follow up on underwriting conditions still outstanding
- ATTENTION to details:  Check loan amount, interest rate, etc. for accuracy
-  Continually monitor lock expirations and close dates
- Inform loan officer immediately of any change in closing date, etc.
 Coordinate closings with title/escrow company.

 Follow up on missing conditions
 Other duties as assigned

Minimum Requirements
 Advanced knowledge of processing FHA, VA, Conventional, Jumbo and Non QM loans preferred
 High School or GED required

Knowledge, Skills and Abilities
 ATTENTION to details

   Ability to produce detailed and accurate documents
 Ability to communicate effectively
 Ability to work independently without direct supervision
 Ability to perform work timely and accurately in a fast-paced office environment
 Organizational ability and problem solving critical
 Ability to use various computer software programs required
 Professional telephone skills required

Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.