Senior Loan Processor

Job Summary The Senior Processor - PRC is responsible for the gathering and review of loan documentation meets Federal, State, and Investor requirements to prepare for underwriting review and loan closure. As a Senior, this role mentors junior staff and assists with issue escalation. Essential Duties and Responsibilities

• Manages a pipeline of mortgage loans. Reviews file submissions for accuracy and completeness. Verifies that all required documents are properly located in the loan files. Performs initial review of income, credit report, and assets to ensure lender guidelines are met. Requests and follows up on all outstanding items with borrowers.
• Trains and mentor’s processor staff. Acts as issue escalation point of contact. Elevates issues to manager as needed.
• Maintains high level of customer service by being proactive in communicating with borrowers and team members. Provides clear, effective communication with borrowers and team members when completing file-related activities.
• Understands and ensures all compliance and regulatory requirements are adhered to according to federal and state laws and regulations as well as company guidelines.
• Submits completed loan package to Underwriter for review and approval.
• Submits completed loan package to Closing upon final review.
• Ensure the loan origination system is kept up to date with current and accurate information.
• Miscellaneous duties as assigned.

Position Requirements Education

• High School diploma or GED equivalent required

Experience

• Minimum four (4) years of mortgage processing experience with a variety of investors (BPL, RTL, Bridge, GUC & DSCR)
• Experience with and ability to navigate BPL and heavy pipeline.

Functional/Technical Skills

• Effective written and verbal communication skills
• Ability to collaborate effectively with team
• Working knowledge of mortgage loan documents, loan origination program and underwriting guidelines
• Demonstrates a commitment to quality customer service
• Strong attention to detail
• Well organized with the ability to multi-task
• Demonstrates strong time management skills with the ability to meet deadlines
• Works well with others
• Proficient in all compliance-related regulations including RESPA and TRID
• Strong mathematical skills
• Strong PC skills (MS Office products) and experience with mortgage origination systems. Encompass experience preferred.

Environmental/Physical Demands Work is typically performed in a standard office environment. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sustain predictable work attendance, communicate with others, frequently required to stand, walk, sit, and use arms, hands and fingers to reach, handle or touch. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus. Pursuant to the Americans with Disabilities Act, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required of an employee. The Company reserves the right to amend or modify this document at any time and without notice. Apply tot his job Apply To this Job