Loan Processor

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

📋 Description

• Handle the processing of residential mortgage loans.

• Meet both production and quality performance metrics.

• Serve as a liaison among the loan officer, borrower, underwriter, and funding team.

• Prepare and review loan files to ensure all submissions and supporting documents are complete, as well as comply with underwriting and investor guidelines.

• Oversee the entire loan processing cycle to guarantee timely loan closures.

• Communicate effectively to resolve any issues that may hinder the loan closing timeline.

• Monitor the lending process as a whole, identifying, resolving, and communicating any issues that could affect the timely closure of loans.

⛳️ Requirements

• A high school diploma or equivalent is required; coursework or technical training in Business, Finance/Accounting, Legal, or a related field is preferred.

• A minimum of one year of recent work experience in processing loans or assisting in loan processing is required.

• Ability to establish strong relationships with loan officers, production teams, underwriters, closing personnel, and other internal and external stakeholders.

• General understanding of mortgage lending processes, internal controls, and federal, state, and regulatory guidelines relevant to consumer mortgage lending for conventional loans.

• Comprehensive knowledge of conventional loans, including product/program guidelines, approval conditions, and investor-specific requirements.

• Familiarity with valid documentation necessary for processing consumer mortgage applications (e.g., tax returns, financial statements, income and deposit verifications).

• Capacity to prioritize multiple tasks in a fast-paced, deadline-driven environment; strong sense of urgency and responsiveness is essential.

• Exceptional customer service, interpersonal skills, and both verbal and written communication abilities.

• Proficient in intermediate math skills.

• Strong attention to detail and highly organized.

• Prior experience with internal data entry systems, as well as proficiency in Microsoft Word, Excel, and PDF/Document Retention programs.

🏝️ Benefits

• Medical insurance

• Dental coverage

• Vision insurance

• Life insurance

• Accidental Death & Dismemberment (AD&D) insurance

• Long-Term Disability (LTD) insurance

• 401(k) plan with employer matching