Salary Range
$45,000 - $50,000 a year
Responsibilities:
Break down and review underwriting conditions to determine required actions
Communicate directly with underwriters to resolve outstanding conditions
Work with clients to collect necessary documentation for underwriting
Review borrower-provided documents for accuracy and completeness (income, assets, employment, credit, etc.)
Submit loan files to underwriting and manage them through to closing
Coordinate with title companies and/or attorneys to ensure all closing documentation is accurate and complete
Review final Closing Disclosure (CD) for accuracy before borrower acknowledgment
Balance final figures with the title company to ensure a smooth, timely closing
Serve as the main point of contact for clients, keeping all parties informed throughout the loan process
Skills and qualifications:
Excellent communication skills, with a focus on providing impeccable customer service
Strong research capabilities
Thorough understanding of the loan application process and relevant rules and legal regulations
Strong time management skills with the ability to meet tight deadlines
Integrity and confidentiality when it comes to handling sensitive information
Ability to work collaboratively with loan officers and underwriters
Previous processing or underwriting experience required
This position requires attention to detail, excellent communication skills, and the ability to work efficiently in a fast-paced environment. If you have a background in finance, strong analytical skills, and a commitment to regulatory compliance, we encourage you to apply for this challenging opportunity as a Loan Processor.