Loan Processor
2 days ago
Job Title: Analyst/Senior Analyst
Key Responsibilities:
- Verify borrower information and creditworthiness through various sources
- Communicate with loan officers, underwriters, and clients to gather necessary information and resolve issues
- Ensure compliance with federal, state, and local regulations throughout the loan process
- Prepare and submit loan files to underwriting for approval
- Monitor loan status and provide updates to clients and stakeholders
- Assist in training and mentoring junior loan processors
- Maintain accurate records and documentation in accordance with company policies
Qualifications:
- Bachelor's degree in finance, business, or a related field preferred
- **Minimum of 5 years of experience in mortgage processing or a related role**:
- Thorough understanding of mortgage products, processes, and regulations
- Experience with loan processing software (e.g., Encompass, Calyx) is preferred
- Strong organizational skills and ability to work independently
- NMLS license preferred but not required
**Skills**:
- In-depth knowledge of mortgage processing and underwriting guidelines
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Proficiency in loan processing software and Microsoft Office Suite
- Ability to manage multiple tasks and meet deadlines
- Attention to detail and accuracy
- Strong customer service orientation
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