Loan Processor II

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

📋 Description

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

• Support Loan Originators with tasks related to completing the mortgage loan application (1003 Application), such as running AUS (Fannie Mae’s DU/DO, Freddie Mac’s LPA S2S, or USDA’s GUS) or importing data from credit reports.

• Generate initial disclosures for LO review in line with the TILA-RESPA Integrated Disclosure Rule (TRID) procedures and timelines.

• Collect documentation from borrowers as directed by LOs and the loan system; input document information into the loan system and submit it to wholesale lending organizations for conditional approval.

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

• Collaborate with wholesale lending underwriters to obtain conditional approval and clearance to close.

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

• Implement a Closing Checklist to ensure all regulated and reportable information is captured in a loan file before finalizing it in our system.

• Run and distribute various reports on a regular basis.

• Engage in process improvement initiatives.

• Deliver prompt, warm, and memorable service.

⛳️ Requirements

• Minimum of 2 years experience in mortgage loan processing or a related field.

• Outstanding customer service skills.

• Ability to handle multiple tasks efficiently.

• Strong attention to detail.

• Experience in wholesale and TPO 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 with a generous company match and immediate eligibility.

• Complimentary financial advisor services.

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

• Generous paid time off package, including 15 paid holidays and ample PTO.

• Options for hybrid or remote work and 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.

• Recognition program.