mortgage loan processor jobs

Overview Join our dynamic team as a Mortgage Loan Processor and become a vital part of the home financing journey! In this energetic role, you will be responsible for efficiently processing mortgage loan applications, ensuring all documentation complies with industry standards and regulations. Your expertise will help streamline the loan approval process, support loan officers, and deliver exceptional service to our clients. If you thrive in a fast-paced environment and are passionate about financial services, this opportunity is perfect for you to make a meaningful impact while advancing your career in mortgage lending. Duties Review and verify all loan documentation, including income, employment, credit reports, and asset information to ensure accuracy and completeness. Communicate with borrowers, real estate agents, and lenders to gather missing information or clarify details promptly. Prepare and submit loan packages for underwriting approval, adhering to FNMA (Fannie Mae) guidelines and Fair Housing regulations. Coordinate with underwriters to facilitate timely loan approvals by providing necessary documentation and explanations. Manage escrow accounts, TILA (Truth in Lending Act) disclosures, and contracts to ensure compliance with federal and state regulations. Track loan progress through each stage of processing using specialized mortgage servicing software; conduct credit analysis and basic math calculations as needed. Maintain meticulous records of all transactions, correspondence, and compliance documentation throughout the loan lifecycle. Skills Strong knowledge of FNMA guidelines, underwriting processes, and mortgage servicing standards. Experience in loan origination processes within the financial services industry. Familiarity with Fair Housing regulations, TILA disclosures, contracts, banking procedures, and escrow management. Proficiency in credit analysis, basic math skills including 10-key typing, and understanding of TILA requirements. Ability to interpret complex financial documents and perform detailed loan processing tasks efficiently. Excellent communication skills to collaborate effectively with team members and external partners. Demonstrated organizational skills with attention to detail to ensure accuracy in all aspects of loan processing. Embark on a rewarding career where your expertise accelerates homeownership dreams! We're committed to fostering an inclusive environment that values your growth and dedication—join us today!

Pay:

$20.00 - $25.00 per hour

Work Location:

Hybrid remote in Louisville, KY 40245