Mortgage Loan Processor
Job
Jones Networking
Remote
$57,500 Salary, Full-Time
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Job Description
Position Title:
Mortgage Loan Processor Location:
Reston, Virginia Industry:
Mortgage /Residential Lending Classification:
Full-Time, Hybrid Remote Reports To:
Operations Manager Jones Networking is recruiting for a Mortgage Loan Processor to join a Residential Lending Firm in Reston, VA. This role serves as the communications link between customers and the sales staff. Our client offers a competitive salary, employer paid healthcare, 401(k) with company match, long & short term disability insurance, life insurance, tuition reimbursement, flexible spending account, bonus opportunities and much more!Mortgage Loan Processor Position Summary:
- Maintain open line of communication with customers and Account Executives throughout the process, assisting them with questions and notifying them and other parties with additional requirements and/or conditions.
- Review documents and verify data collected by Account Executives.
- Ensure program eligibility and compliance with underwriting guidelines.
- Calculate income and verify debt-to-income ratio (DTI) prior to submission to Underwriting.
- Act in a lead capacity in the timely follow-up for missing documentation pertinent to the underwriting decision and closing of the transaction.
- Manage a pipeline of open loan files from set-up to disbursement to closing dates.
- Enter preliminary HUD-1 into the Loan Origination System.
- Provide coverage for other Account Managers in the event of scheduled and unscheduled absences.
Qualifications Summary:
- Two years experience in a mortgage processing, underwriting or closing function preferred.
- College Degree is a plus.
- Working knowledge of Freddie Mac LP or Fannie Mae DUS.
- Understanding of conventional processing guidelines.
- Strong organizational and communication skills.
- Flexibility to work in the office 2-3 days weekly.
Job Type:
Full-time Pay:
$55,000.00- $60,000.
Benefits:
401(k) 401(k) matching Dental insurance Employee assistance program Flexible schedule Flexible spending account Health insurance Health savings account Life insurance Paid time off Parental leave Professional development assistance Referral program Retirement plan Tuition reimbursement Vision insuranceExperience:
Loan processing: 1 year (Required) Ability toCommute:
Reston, VA 20190 (Required)Work Location:
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