Loan Processor II

This is a fully remote position, open to applicants in California, +6 more states.

📋 Description

• Assist Loan Originators by organizing sales pipelines according to application statuses.

• Aid Loan Originators in tasks related to the completion of the mortgage loan application (1003 Application).

• Generate initial disclosures for review by Loan Originators, adhering to the TILA-RESPA Integrated Disclosure Rule (TRID) procedures and timelines.

• Collect necessary documentation from borrowers as directed by Loan Originators and the loan system.

• Manage status updates and follow-up communications with mortgage service providers, including appraisers and title companies.

• Collaborate with wholesale lending underwriters to obtain conditional approvals and clearance for closing.

• Validate the Final Closing Disclosure (Final CD) information and rectify any missing or inconsistent data prior to closing the loan file in our system.

• Execute a Closing Checklist to ensure that all regulated and reportable information is duly recorded in a loan file before its closure in our system.

• Engage in process improvement initiatives.

• Deliver prompt, friendly, and memorable customer service.

⛳️ Requirements

• Minimum of 2 years of experience in mortgage loan processing or other forms of loan processing.

• Outstanding customer service skills.

• Capability to manage multiple tasks simultaneously.

• Keen attention to detail.

• Wholesale and TPO experience is not mandatory but is considered a plus!

🏝️ Benefits

• Comprehensive medical, dental, and vision insurance.

• Health savings account with employer contributions.

• Flexible spending account for medical and dependent care.

• Optional critical illness, hospital indemnity, and accident coverage.

• Short-term disability benefits paid at 100% after one year.

• 401(k) plan featuring a generous company match and immediate eligibility.

• Complimentary financial advisor services.

• Company-paid life and AD&D insurance, along with short-term and long-term disability coverage.

• A generous paid time off package that includes 15 paid holidays and ample PTO.

• Options for hybrid or remote work with flexible hours.

• Monthly home office subsidy.

• Paid parental leave benefits.

• Paid caregiving, adoption, and foster leave benefits.

• Monthly ClassPass contribution.

• Employee assistance program offering free counseling sessions.

• Tuition reimbursement program.

• Discount on pet insurance.

• Employee recognition program.