Loan Processor-Unlic

Responsible for timely processing of Convention, FHA, VA mortgage loan applications in compliance with Bank and investor requirements. Collect and review loan documents to satisfy loan conditions. Ensure completeness of mortgage loan documentation and meet depart service and quality standards. Prepare the loan file for underwriting review. Prepare mortgage loan file by reviewing loan application; clarifying and obtaining additional information. Confirm 1003 information by mailing verification forms; contacting verification sources.

 

Validate loans in automated underwriting systems including DU and LP and submit to underwriting

Ensure accurate, complete, and timely loan data on processing system. Review exception reports to ensure all tasks are completed and Loan is on target to meet expected closing date.

Proactive communication of loan status to the borrower and the Loan Officer

Effectively provide professional internal and external communication whether written or verbal.  

Continues to stay abreast of underwriting and compliance guidelines

A team player who actively seeks training opportunities, solutions to various underwriting issues and shares best practices with all team members.  

Is proactive in updating all involved after new documents are uploaded or status changes occur

Provides follow-up on a consistent basis with originators, borrowers, and agents to complete processing.

Believes in Envoys core values: "Put People First", "Commit to Excellence", "Create Innovative Change", "Work with Passion" and "Always do the right thing".

Believes in the company vision which is also our department vision: "A Champion Mortgage Team Leading the New Era of Lending".

Build rapport with our internal and external customer.

 

Five years related experience as a processor, underwriter or equivalent.

Thorough working knowledge of real estate documentation, underwriting policies, compliance, and procedures.

High level of proficiency with mortgage loan processing and underwriting systems.

Commitment to excellence and high standards

Excellent written and oral communication skills

Strong organizational, problem-solving, multi-tasking and analytical skills

Ability to manage priorities and workflow

Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm

Acute attention to detail

Proficient on Desktop Underwriting and Loan Prospector

Excellent customer service skills

Proven ability to handle multiple loans and meet closing dates

Strong interpersonal skills.

Good judgment with the ability to make timely and sound decisions

Demonstrated ability to pre underwrite a loan file

Ability to effectively communicate with people at all levels and from various backgrounds.

Must be able to speak, read, write, and understand the primary language(s) used in the workplace.

 

Calculate figures and amounts

Analyze statistical and financial data.

Analyze profiles in a mortgage loan processing and underwriting systems.

Sit for periods of time

Long periods of concentrating on a computer monitor.