Mortgage Processor

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

📋 Description

• Take ownership of the processing of Non-QM loans while managing their complexity.

• Conduct a pre-underwriting assessment for each file prior to submission.

• Collaborate with bank statement income, P&L programs, and DSCR investor loans.

• Examine files for any guideline discrepancies and ensure accuracy in income calculations.

• Accurately calculate complex income and document its stability.

• Keep a tidy and organized workflow for all submissions.

• Stay informed about evolving guidelines and loan programs.

⛳️ Requirements

• Minimum of 2 years of experience in processing residential loans specifically in NON-QM Loans.

• Familiarity with DSCR and Bank Statement loans.

• Proficient in the use of a Loan Origination System (LOS).

• Capability to read a credit report in under 60 seconds.

• Understanding of program guidelines and investor overlays.

• Skill in pre-underwriting files and identifying guideline discrepancies.

• Strong problem-solving abilities related to documentation.

• Professional communication skills with borrowers and loan officers.

🏝️ Benefits

• Performance-based compensation structure.

• Bonuses linked to funded volume, pull-through rates, and borrower feedback.

• Dedicated assistance for title, appraisal, and condition tracking.

• Well-organized pipelines.

• Technology that enhances workflow and processing efficiency.