jr loan processor
Job
West Capital Lending, Inc.
Troy, MI (In Person)
$45,760 Salary, Full-Time
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Job Description
Overview Join our dynamic team as a Junior Loan Processor and become a vital part of the mortgage lending process! In this energetic role, you will support the loan origination journey by assisting with the collection, review, and processing of loan documentation. Your proactive approach will help ensure smooth and efficient loan approvals, adhering to all regulatory standards including FNMA guidelines and Fair Housing regulations. This position offers an exciting opportunity to develop your skills in financial services, underwriting, and mortgage processing within a collaborative environment committed to excellence. Duties Assist in gathering and verifying borrower information, including income, assets, and credit details to support loan applications Review loan documentation for accuracy, completeness, and compliance with TILA (Truth in Lending Act) and other federal regulations Support the underwriting team by preparing necessary reports and summaries for loan approval decisions Coordinate with loan officers to ensure timely submission of all required documents and data entry into loan origination systems Conduct basic credit analysis and evaluate borrower financial profiles using standard banking and mortgage servicing procedures Maintain organized records of contracts, escrow documents, and other essential files in accordance with company policies Perform data entry tasks such as 10-key typing and basic math calculations to support accurate processing of loan information Skills Familiarity with FNMA (Fannie Mae) guidelines and mortgage underwriting processes Knowledge of loan origination procedures, including document collection and review Understanding of Fair Housing regulations to ensure compliant lending practices Experience or interest in mortgage servicing, credit analysis, and banking operations Strong attention to detail with excellent organizational skills for managing contracts, escrow accounts, and compliance documentation Proficiency in basic math skills necessary for calculations related to loans, escrow amounts, and financial assessments Ability to operate efficiently with 10-key typing skills and handle multiple tasks simultaneously Join us to grow your career in the financial services industry! We value motivated individuals eager to learn about mortgage processing while contributing to a fast-paced environment that champions accuracy, compliance, and customer service excellence.
Job Type:
Full-time Pay:
$21.00 - $23.00 per hour Expected hours: 40 per weekBenefits:
401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Vision insuranceWork Location:
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