Loan ProcessorCompany: Your Company Name Here
WA - Seattle
We looking for experienced loan processors to join our staff. Our ideal candidate for this position should have an in-depth knowledge of underwriting guidelines, mortgage lending policies and procedures, and a deep understanding of how to structure loans.
Process FHA, Conventional, and Non-Conforming loans
Ensure integrity of all data and process inputs
Manage pipeline of loans within required performance standards for pre-approval, approval, and status calls
Prepare and submit loans to underwriting for conditional review and full approval upon receipt of title or appraisal
Review loan scenarios with Loan Officers before submission to underwriting to ensure accuracy and compliance with Investor, Agency and Company guidelines
Maintain positive and open communication with Loan Officers, Underwriters, Funders.
Interact and follow up with title/escrow, borrowers, Loan Officers for requested documentation
Coordinate the loan process with realtors, builders, settlement agents, insurance agents, clients and support staff
All other duties as assigned by management in accordance with company policies and State/Federal guidelines.
Possess a thorough understanding of various product/ program guidelines, necessary conditions for approval, and investor specific guidelines for Client (DU)/ Freddie Mac (LP), FHA, VA and USDA
Candidates should possess excellent interpersonal and written communication skills along with strong problem solving and decision-making abilities
Ability to calculate income, calculate rental income, and review/analyze tax returns
Knowledge and understanding of Client, Freddie Mac, FHA, USDA, and VA loans program guidelines
Strong analytical, problem solving, and organizational skills
Must be reliable, detail oriented, and motivated
Ability to thrive in a fast-paced working environment
2+ years of recent loan processing experience with a correspondent lender preferred
ControlID: 14.234.89 SHR