Loan Processor

Job Summary 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 efficiently managing the processing of loan applications, ensuring all documentation is accurate, complete, and compliant with industry standards. Your expertise will help streamline the loan approval process, support underwriters, and deliver exceptional service to our clients. If you thrive in a fast-paced environment and have a passion for financial services, this is your opportunity to make a meaningful impact in the mortgage industry. Duties Review and verify all loan documentation, including income, employment, credit reports, and escrow details to ensure accuracy and completeness Prepare and submit loan packages for underwriting approval, adhering to FNMA (Fannie Mae) guidelines and other regulatory requirements Coordinate with loan officers, underwriters, escrow officers, and other stakeholders to gather necessary information and resolve discrepancies Ensure compliance with Fair Housing regulations, TILA (Truth in Lending Act), and other federal and state lending laws Manage the loan origination process from application intake through final approval, including processing disclosures and contracts Conduct credit analysis by reviewing credit reports and financial statements to assess borrower risk Maintain detailed records of all loan processing activities using 10-key typing skills and basic math calculations for data entry accuracy Monitor mortgage servicing requirements post-approval to ensure ongoing compliance and customer satisfaction Skills Strong knowledge of FNMA guidelines and underwriting procedures Experience with loan origination systems and mortgage processing software Excellent understanding of mortgage servicing, escrow procedures, and banking operations Proficiency in credit analysis, TILA regulations, contracts review, and fair housing laws Ability to perform basic math calculations accurately for financial assessments Skilled in handling TILA disclosures, contracts, and compliance documentation Familiarity with 10-key typing for efficient data entry and record keeping Strong organizational skills with attention to detail to manage multiple loan files simultaneously Effective communication skills to collaborate with team members and clients professionally Embark on a rewarding career that combines precision with service excellence! We're dedicated to supporting your growth in the financial services industry while fostering an energetic work environment where your contributions truly matter.

Pay:

$25.09 - $30.21 per hour

Work Location:

In person