Address
Form of workLoan Processor II - needs at least 2 years mortgage experience
Will be taught to submit a file to underwriting depending on how quickly they pick that up they may be asked to review files to see whats missing and email loan officer
WFH during covid
Must Have:
Knowledge of TRID timing
Knowledge of Loan estimates
2 yr mortgage exp
Nice to have:
Procesing experience
SUMMARY:
Processes loan applications for single family homes thru retail.
ESSENTIAL FUNCTIONS:
1. Orders all items necessary for loan file, i.e., insurance, flood certificates, good standings, title policies if necessary.
2. Writes correspondence letters to borrowers, escrows/attorneys, title companies, insurance companies, etc.
3. Works closely with title and attorneys and escrow companies to close deals efficiently and timely.
4. Reviews preliminary title reports/title commitments.
5. Prepares loan files for funding and boarding.
6 Continually follows-up with Business Developments Officers to ensure clean and efficient loan closings.
7. Follows-up with loan officers regarding completeness of loan conditions.
8. Coordinates multiple files for closing concurrently, or within a short period of time.
SPECIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Associate's degree (A.A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience. Ability to read and comprehend simple instructions, short correspondence and memos. Ability to write simple correspondence and e-mails with proper grammar and sentence structure. Ability to add, subtract, multiply, and divide in al units of measure, using whole numbers, common fractions, and decimals. Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form.
Will be taught to submit a file to underwriting depending on how quickly they pick that up they may be asked to review files to see whats missing and email loan officer
WFH during covid
Must Have:
Knowledge of TRID timing
Knowledge of Loan estimates
2 yr mortgage exp
Nice to have:
Procesing experience
SUMMARY:
Processes loan applications for single family homes thru retail.
ESSENTIAL FUNCTIONS:
1. Orders all items necessary for loan file, i.e., insurance, flood certificates, good standings, title policies if necessary.
2. Writes correspondence letters to borrowers, escrows/attorneys, title companies, insurance companies, etc.
3. Works closely with title and attorneys and escrow companies to close deals efficiently and timely.
4. Reviews preliminary title reports/title commitments.
5. Prepares loan files for funding and boarding.
6 Continually follows-up with Business Developments Officers to ensure clean and efficient loan closings.
7. Follows-up with loan officers regarding completeness of loan conditions.
8. Coordinates multiple files for closing concurrently, or within a short period of time.
SPECIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Associate's degree (A.A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience. Ability to read and comprehend simple instructions, short correspondence and memos. Ability to write simple correspondence and e-mails with proper grammar and sentence structure. Ability to add, subtract, multiply, and divide in al units of measure, using whole numbers, common fractions, and decimals. Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form.
