Bilingual Senior Corporate Loan Processor

This is a fully remote position, open to applicants in United States.

📋 Description

• Collect and validate the documentation necessary for loan underwriting and final approval.

• Engage with customers, Loan Officers, branches, vendors, and internal teams to gather required documentation.

• Acquire vendor information, confirm vendor orders and invoices, and document completion.

• Evaluate and assess borrowers’ credit, income, and assets in accordance with loan program specifications.

• Compile complete loan packages and ensure the accuracy of documentation prior to underwriting.

• Identify potential issues and prepare summaries for loan approvals highlighting missing documentation.

• Forward documented files to underwriters for their approval or denial.

• Oversee a pipeline of 40 active loans and successfully fund at least 27 units each month.

• Manage pipeline turnaround times in line with SLAs and projected closing dates.

• Participate in branch pipeline calls as necessary.

• Review loans for compliance with mortgage regulations and prepare required disclosures and re-disclosures.

• Complete submission, re-submission, and closing checklists efficiently.

• Record loan-related communications in the LOS conversation log.

• Provide support for coworkers’ pipelines when required.

• Assist closing, secondary, and servicing teams with any outstanding suspense items.

• Adjust work schedule and occasionally work overtime based on business demands.

• Perform additional duties as required.

⛳️ Requirements

• High School Diploma or equivalent qualification.

• 3-5 years of experience in residential mortgage processing.

• Familiarity with RESPA guidelines and regulations concerning mortgage and consumer lending.

• Understanding of Regulation Z and Regulation B requirements along with loan documentation.

• Previous experience using Encompass.

• Strong mathematical and analytical abilities.

• Excellent communication skills.

• Proficient in prioritizing tasks to meet deadlines.

• Knowledgeable in DU, LP, Microsoft Outlook, and Windows.

• Bilingual in Spanish and English to effectively communicate with customers who may speak only one of these languages.

• Willingness to adjust work schedule and occasionally work overtime as required.

🏝️ Benefits

• Competitive compensation package.

• Medical insurance coverage.

• Dental insurance coverage.

• Vision insurance coverage.

• 401K retirement plan.

• Short-term disability provided by the company.

• Employee assistance program.

• Wellness program.

• Access to training classes.

• Opportunities for career advancement.