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Hadhoud LLC

Mortgage Loan Processor

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What they do

A Loan Processor processes applications for bank loans including mortgage or commercial loans. Assists customers with the application process, organizes and reviews credit information or business financial reports, and puts together materials needed for loan underwriters to evaluate an application.

$48,883 / year median in California

-31% projected decline

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Job Description

Mortgage Loan Processor Hadhoud LLC Palmdale, CA Job Details Full-time | Contract $21 - $25 an hour 2 hours ago Qualifications Customer communication Interpersonal skills Customer service Basic math Attention to detail Typing Full Job Description Job Overview Join our dynamic financial services team as a Mortgage Loan Processor, where your expertise will drive the seamless processing of mortgage applications from start to finish. In this energetic role, you will coordinate with loan officers, underwriters, and clients to ensure accurate and timely loan approvals. Your attention to detail and industry knowledge will be vital in maintaining compliance with federal regulations and delivering exceptional customer service. This position offers an exciting opportunity to contribute to the growth of our mortgage services while honing your skills in lending, banking, and financial analysis. Duties Review and verify all loan documentation, ensuring completeness and accuracy in accordance with FNMA (Fannie Mae) guidelines and TILA (Truth in Lending Act) requirements Coordinate with loan officers, underwriters, and clients to gather necessary information for loan approval processes Analyze financial data using Excel and other financial software to assess borrower eligibility and risk factors Prepare and process loan applications, ensuring compliance with banking regulations and industry standards Manage loan servicing tasks including tracking application progress, updating records, and communicating status updates to clients Conduct basic math calculations for income verification, debt-to-income ratios, and other financial assessments Maintain detailed records of all processing activities, ensuring adherence to banking regulatory compliance standards Qualifications Proven experience in mortgage loan processing or related roles within financial services or banking environments Strong knowledge of loan origination processes, commercial lending, and mortgage services Familiarity with industry regulations such as FNMA guidelines, TILA, and banking compliance standards Proficiency in Microsoft Office Suite, especially Excel for data analysis and reporting Experience with financial software used in mortgage processing and loan servicing systems Excellent client communication skills combined with a customer service-oriented approach Ability to perform basic math accurately and efficiently; 10-key typing skills are preferred Demonstrated understanding of lending principles, including commercial lending analysis in risk and credit assessment Team leadership qualities or experience collaborating across departments is a plus Join us to be part of a vibrant team dedicated to delivering top-tier mortgage solutions while advancing your career in the financial industry. We value energetic professionals who thrive on challenge, excel at detailed work, and are committed to providing outstanding client experiences.
Pay:
$21.00 - $25.00 per hour Expected hours: No less than 40.0 per week
Work Location:
In person