Mortgage Loan Processor III

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

📋 Description

• Oversee loan files and ensure adherence to compliance regulations

• Evaluate new files within 48 hours of receipt

• Inform the relevant staff member if additional documentation is required

• Maintain a pipeline consisting of 20 to 30 files and/or manage three to five loan originators

• Request necessary documents from the Loan Originator, customer, or Vendor

• Monitor the status of requested documents in Encompass

• Examine documentation for inconsistencies and verify income and assets

• Prepare loans for submission to underwriting

• Ensure that all necessary closing documentation is included in the loan file

• Address customer inquiries regarding transactions

• Assist in resolving post-closing exceptions

⛳️ Requirements

• A high school diploma or a general education degree (GED)

• Over 5 years of experience in conventional fixed, ARM, HELOC, and construction mortgage loan processing

• In-depth knowledge of VA and FHA loan processing

• Experience collaborating with multiple investors

• Proficient in related computer applications, including Microsoft Office

• Familiarity with a mortgage loan processing system (Encompass) is preferred

• This role may necessitate registration under the National Mortgage Licensing System (NMLS) for processing loans originated in states requiring federal registration

🏝️ Benefits

• Health insurance

• Professional development opportunities

• Paid time off

• Flexible work arrangements