Loan Processor

Job Description

Job Description

Are you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you’re interested in a dynamic position on a well-established and successful lending team, look no further; apply now! Compensation:

$60,000- $90,000 yearly

• Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine creditworthiness
• Maintain detailed documentation of the process in our system - from origination to close
• Prepare and submit detailed loan packages to the lender underwriting department for approval or denial
• Interview prospective loan applicants and assist them in finding the best loan products for their needs
• Assure that loan files meet banking and regulatory guidelines and policies

• Communicate with lender closing department and title agents to ensure timely delivery of loan document packages to closing

• Strong analytical and time management skills and superior attention to detail
• We prefer an Associate’s degree in accounting, finance, or business - High school diploma or GED required
• Minimum of 2+ years loan processing experience required
• Experience in mortgage lending and knowledge of loan types, such as FHA, FHLB, FNMA, or VA loans required
• Must have excellent written and verbal communication skills

• Experience in mortgage loan processing, with a focus on customer satisfaction.
• Ability to manage multiple loan files simultaneously while maintaining attention to detail.
• Proven track record of effectively communicating with clients, real estate agents, and underwriters.
• Strong organizational skills to ensure timely collection and verification of financial documentation.
• Familiarity with ordering and reviewing property and loan documentation, such as appraisals and title searches.
• Ability to analyze credit reports and financial documents to assess applicant creditworthiness.

We are a growing boutique mortgage brokerage based in Richmond, VA and licensed in VA and FL. Our typical product mix is heavily conventional with some government and non-QM.