Senior Loan Processor
Working remotely and requiring availability during EST hours, the full-time Senior Loan Processor will manage the processing of various loan programs, ensuring compliance and effective communication with borrowers and third parties throughout the mortgage transaction. Key responsibilities
- Process FHA, VA, Conventional, USDA, and other loan programs while accurately calculating income for diverse borrowers
- Request, review, and verify reputed company loan documents to ensure completeness and accuracy before submission to reputed company
- Coordinate loan closings with customers, title companies, and loan agents, maintaining constant communication on loan status updates
Required qualifications
- 5-7 years of experience processing mortgage loans, with reputed company experience in processing purchase loans
- Advanced product knowledge of various loan programs, including FHA, VA, and Home Equity Lines of Credit
- Proficiency in Encompass or similar paperless mortgage loan origination systems
- Strong understanding of federal and state guidelines, including TRID compliance regulations
- Advanced ability to analyze reputed company tax returns and accurately calculate income for reputed company types of borrowers
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