Remote (any time zone, branches in all US time zones)
Manage at least a 25 loan pipeline
Encompass experience preferred
Mostly retail / some wholesale
Performs the daily functions connected with loan processing. Effectively processes loans in accordance with company policies and procedures. The duties for Processor include, but are not limited to, those described below.
Verifies, compiles, and inputs/updates application information for mortgage loans.
Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type, and amount of mortgage applied for including but not limited to borrower credit, assets, liabilities, and length of employment
Is able to run AUS after application data is confirmed to be accurate and meets guidelines
Is able to order verifications (income, assets, credit, liabilities) to verify accuracy of information stated on loan application
Is able to complete and generate various loan application forms/disclosures for borrowers
Is able to order title work, insurance, condo docs for approval, appraisals, and any other property related items required for the loan
Is able to perform necessary follow up on any items required for the loan in a timely manner (i.e.…title, insurance, appraisal, loan conditions from borrower, etc.)
Informs supervisor and/or Loan Originator of discrepancies on any loan documentation provided or ordered
Uses all required Checklists for Underwriting and Closing Departments
Performs other related duties as assigned by Processor, Lead Processor, or Branch Manager