Mortgage Loan Processor - Hoi & Payoffs

We are currently seeking an experienced and detail-oriented mortgage loan processor for our dynamic lending team. The ideal candidate will have years of mortgage processing experience, a can-do attitude, and a proven track record of providing solutions in the mortgage lending industry. If you are looking for an excellent position that will help you reach your financial goals Responsibilities: Homeowners Insurance (HOI): Request and obtain HOI quotes and verify coverage meets lender requirements Review HOI declarations, binders, and policies for accuracy and compliance Communicate with borrowers and insurance agents on HOI requirements Ensure HOI proof of insurance is active at closing Flag and escalation HOI deficiencies to loan officers and underwriters Payoff Coordination: Obtain payoff statements from existing lenders Verify payoff amounts including principal, interest, and fees Coordinate payoff instructions with title companies and closing agents Prepare payoff settlement statements and manage timing of payoffs Communicate payoff requirements to borrowers General Processing: Manage loan files from application through closing preparation Coordinate with underwriting team and document requests Prepare closing documents and settlement statements Track loan status and meet all timelines Maintain file organization and confidentiality Qualifications: Accounting, finance, or business Associate’s degree preferred - High school diploma or GED required 2 years minimum experience in loan processing required Excellent written and verbal communication skills are a requirement Mortgage lending experience and loan knowledge required, specifically with FHA, FHLB, FNMA, or VA loans Strong analytical and time management skills and superior attention to detail Compensation: $25 hourly Homeowners Insurance (HOI): Request and obtain HOI quotes and verify coverage meets lender requirements Review HOI declarations, binders, and policies for accuracy and compliance Communicate with borrowers and insurance agents on HOI requirements Ensure HOI proof of insurance is active at closing Flag and escalation HOI deficiencies to loan officers and underwritersPayoff Coordination: Obtain payoff statements from existing lenders Verify payoff amounts including principal, interest, and fees Coordinate payoff instructions with title companies and closing agents Prepare payoff settlement statements and manage timing of payoffs Communicate payoff requirements to borrowersGeneral Processing: Manage loan files from application through closing preparation Coordinate with underwriting team and document requests Prepare closing documents and settlement statements Track loan status and meet all timelines Maintain file organization and confidentiality #J-18808-Ljbffr American First Funding