Loan Processor

Job Description

Job Description

We are seeking a top notch Mortgage Loan Processor to join a thriving financial services company. This is a 100% remote position! This person will be responsible for reviewing loan applications, ensuring all necessary documents are included and approving or denying the loans. The ideal candidate will have 2+ years of experience, FHA, VA, USDA, Conventional or Jumbo experience, and strong organizational skills. Encompass experience is preferred but not required. 

This company offers a high base, strong bonuses per loans and great benefits! Apply now for consideration!

Responsibilities for Loan Processor

• Evaluate credit worthiness by processing loan applications and documentation within specified limits
• Determine all applicable ratios and metrics and set up debt payment plans
• Interview applicants to determine financial eligibility and feasibility of granting loans
• Review active loan files each day to determine if any documents are missing or what can be done to help the process along
• Identify and recommend products that meets the customer's needs and the organization's lending guidelines
• Communicate with clients either to request or to provide information
• Utilize professional judgement to determine which potential borrowers represent good risk opportunities for the organization
• Operate in compliance with laws and regulations and adhere to lending compliance guidelines

Qualifications for Loan Processor

• Exceptional communication and customer service skills
• 3+ years' experience in the consumer loan industry
• Current registration under the National Mortgage Licensing System and Registry
• Strong attention to detail
• Familiarity with computers and banking applications/software
• Ability to work in a goal-oriented environment
• Demonstrable customer satisfaction orientation and sales competencies record
• Deep knowledge of direct/indirect lending products and practices
• Excellent analytical and mathematical skills
• Must have FHA, VA, USDA, Conventional or Jumbo experience
• Encompass experience highly preferred