Senior Loan Processor

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

📋 Description

• Manage a complete pipeline of retail mortgage loans, encompassing conventional, FHA, VA, USDA, jumbo, bond loans, and non-QM products.

• Examine and confirm all loan documentation for precision, completeness, and adherence to company, investor, and regulatory standards.

• Engage in clear and professional communication with loan officers, underwriters, title companies, and borrowers throughout the loan processing journey.

• Order and monitor third-party services, including appraisals, title work, VOEs, VODs, insurance, and payoffs.

• Ensure accurate and timely updates in the Loan Origination System (LOS) to represent the current status of loans.

• Confirm that all documentation is obtained and validated before submission to underwriting, and resubmit conditions as necessary.

• Proactively identify and address issues that may cause delays in processing or closing timelines.

• Conduct weekly pipeline reviews with loan teams to ensure all stakeholders are aligned regarding file status.

• Collaborate with title/attorney offices and the internal closing department to balance files for accurate funds to close for Loan Estimates (LEs) and Closing Disclosures (CDs).

• Remain informed about industry guidelines, investor overlays, and compliance regulations.

⛳️ Requirements

• At least 5 years of experience in mortgage loan processing, particularly within retail lending.

• Extensive knowledge of Conventional, FHA, VA, USDA, Jumbo, and Non-QM guidelines and documentation necessities.

• Familiarity with LOS platforms like Encompass, Byte, or similar systems, along with proficiency in Microsoft programs such as Outlook (email) and OneDrive.

• Exceptional communication, problem-solving, and organizational abilities.

• Capability to manage a complete pipeline independently with minimal oversight.

• Strong attention to detail and the ability to thrive in a deadline-oriented environment.

• Working knowledge of TRID, RESPA, and other mortgage compliance requirements.

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with company matching.

• Opportunities for professional development and continuous learning.

• Supportive and collaborative work environment.