Loan Processor

Loan ProcessorEssential Duties and Responsibilities: The Loan Processor will audit loan applications using the Loan Officer Checklist for completeness, and collect missing information as required. Duties include obtaining and reviewing all documentation to verify that the loan transaction meets all FHA, VA, Conventional, Jumbo and USDA guidelines, ordering all third party vendor documents, such as credit updates, required verifications, flood certification, appraisal, title, title fees, hazard insurance and payoff statement, submitting complete loan files to underwriting for loan approval, reviewing and obtaining documentation to clear all underwriting conditions, and submitting all documentation to the closing department for acceptable Final Docs and loan figures.Maintain all correspondence for loan transactions with Realtors, Builders, Title Agents, Borrowers and Third Party VendorsEnsure LOS system is always updated with current status and correct investorSubmit loan to closing for final documents to be drawn, and work with title company on approving a final Closing DisclosurePipeline review of loan files up to 20 units per month, funding up to 15 unitsEducation and/or Work Experience Requirements:High School diploma or equivalent3+ years' experience in mortgage processing of FHA/VA/FNMA/FHLMC, and have some knowledge of investor programs, guidelines, loan processing and automation systemsSkills:Proficient with MS OfficeKnowledge of industry software and automationStrong written and oral communication skillsStrong commitment to customer service and satisfaction with both internal and external customersCreative thinking to find appropriate/alternative programs and solutions for unique situationsProven ability to research and make sound judgements/identify issues/ make recommendations based on the researchAbility to multitask and manage multiple prioritiesHigh level of integrity, ethics, discretion and professionalism in handling confidential and sensitive information