Senior Broker Loan Processor

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

📋 Description

• Take ownership of and oversee an active broker-loan pipeline, ensuring that milestones, deadlines, and next steps are visible and managed effectively.

• Assess files for completeness and identify any potential issues.

• Prepare and submit loans through various wholesale lender websites and portals.

• Utilize pricing tools, product matrices, and lender program knowledge to assist loan officers in making informed decisions regarding available options and lender suitability.

• Monitor underwriting decisions and conditions, as well as the progress of appraisals, titles, disclosures, rate-lock timelines, closing requirements, and funding.

• Facilitate timely collection of documents and resolve conditions in collaboration with borrowers, loan officers, wholesale lenders, and internal partners.

• Deliver clear status updates and consistently follow up on any outstanding items.

• Proactively identify risks and suggest next steps.

• Maintain precise loan records and organize documentation within company systems in accordance with lender and company standards.

• Apply knowledge of agency and government regulations to pinpoint guideline inquiries and direct them to the relevant decision-maker.

• Contribute ideas, experiences, and process enhancements as the broker processing department expands.

⛳️ Requirements

• Generally, 10+ years of experience in mortgage loan processing, with a strong preference for candidates from a mortgage broker background.

• Applicants with less than 10 years may be considered if their last five years were dedicated solely to broker loan processing.

• Practical knowledge of several wholesale lender websites, portals, submission processes, and condition workflows.

• Familiarity with underwriting guidelines and loan requirements for DSCR, bank statement, and Non-QM programs.

• Experience in mortgage pricing and a solid understanding of lender programs and product options.

• Capability to organize, track, and manage a fast-paced pipeline with multiple deadlines.

• Exceptional follow-up, communication, judgment, and attention to detail.

• Proactive initiative and ownership through to resolution.

• Ability to work independently while effectively collaborating with loan officers, lenders, and internal teams.

• Desire to contribute to a growing department and the potential to develop into a leadership position.

• Must be authorized to work in the United States.

• Must respond to the employment visa sponsorship question.

🏝️ Benefits

• Healthcare coverage, including medical, dental, and vision plans.

• Health savings accounts.

• 401(k) retirement plan.

• Flexible paid time off.

• Wellness resources.

• Additional benefit perks and discounts.

• Employee benefits.

• Opportunity to contribute to departmental growth and potentially take on leadership responsibilities.