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Loan Processor / Assistant
Key West, FL

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Gulf Atlantic Bank

Loan Processor

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Job Description

Job Overview Join our dynamic team as a Loan Processor and become a vital part of the mortgage lending journey! In this energetic role, you will be responsible for managing the end-to-end processing of loan applications, ensuring all documentation and compliance requirements are meticulously met. Your expertise will help streamline the loan approval process, facilitate smooth communication between clients and underwriters, and uphold the highest standards of accuracy and efficiency. If you thrive in a fast-paced environment and are passionate about delivering exceptional financial services, this is the perfect opportunity to elevate your career in mortgage processing. Responsibilities Review and verify all loan application documents to ensure completeness and accuracy. Coordinate with loan officers, underwriters, escrow officers, and other stakeholders to facilitate seamless loan processing workflows. Ensure compliance with federal regulations such as TILA (Truth in Lending Act), Fair Housing laws, and other applicable mortgage servicing standards. Manage the entire loan origination process from initial application through final approval, including data entry using 10-key typing skills and basic math calculations. Maintain detailed records of all transactions, correspondence, and compliance checks for audit readiness. Stay updated on changes in banking regulations, mortgage contracts, and underwriting criteria to provide expert guidance throughout the loan lifecycle. Assist with training new team members on loan processing procedures and regulatory requirements. Qualifications Proven experience in loan processing within financial services or mortgage lending environments. Strong knowledge of FNMA guidelines, underwriting procedures, TILA regulations, Fair Housing laws, and mortgage servicing practices. Familiarity with loan origination systems and software; proficiency in data entry with 10-key typing skills. Solid understanding of math skills necessary for accurate calculations. Experience working with contracts, banking regulations, and compliance standards essential for maintaining regulatory adherence. Excellent organizational skills with keen attention to detail to ensure error-free documentation. Ability to communicate effectively with clients, lenders, underwriters, and other stakeholders to facilitate smooth processing workflows. Knowledge of escrow processes and mortgage-related legal documentation is highly desirable. Join us in delivering exceptional service by ensuring every loan is processed accurately and efficiently! We are committed to fostering a supportive environment where your expertise makes a real difference in helping clients achieve their homeownership goals while adhering strictly to industry standards.
Job Type:
Full-time Pay:
$40,000.00 - $50,000.00 per year
Benefits:
401(k) Dental insurance Flexible spending account Health insurance Health savings account Paid time off Vision insurance
Work Location:
In person

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Health Insurance
  • Dental Insurance