Mortgage Loan Processor

Loan Processor

CMG Home Loans is seeking an experienced Loan Processor to support a top loan officer in the Reno Nevada area. This role is responsible for managing and executing all tasks required to ensure loan files are processed accurately, efficiently, and in full compliance with regulatory and company guidelines. The Loan Processor will play a critical role in delivering seamless and timely loan experience for both clients and business partners.

Essential Duties and Responsibilities:

• Process residential mortgage loans (Conventional, Purchase, FHA, VA, Non-QM and Refinance) in a manner consistent with all company policies and procedures as well as all regulatory requirements.
• Analyze complex financial documentation and provide income calculations. Also reviews assets, and credit documents; order appraisals, title reports, and verify information is accurate and complete.
• Request, obtain and review required loan documentation from the borrower and 3rd party vendors and submits complete loan packages to Underwriting for approval.
• Technical Skills: Proficiency in loan origination systems (e.g., Byte is a plus) and automated underwriting systems (FNMA/FHLMC)
• Manages a pipeline of loans and maintains timely and compliant flow of such loans through the process.
• Communicate with loan officers, buyers, sellers, title companies, builders and agents.
• Provides excellent customer service by effectively communicating and cooperating with all internal and external customers.
• Monitors and ensure closing dates and company deadlines are met.
• Obtains and verifies that all underwriting conditions are received and cleared by the underwriter and prepares the file for submission to the Closing Department.
• Keeps abreast of changes in policies and procedures, standards and regulations applicable to the company and the mortgage industry. Understands and applies local, state and federal regulations related to processing mortgage loans.
• Complies with all company policies and procedures.

Qualifications and Experience:

• Able to handle a pipeline of 50+ loans and funds at least 25 loans per month.
• Willing to jump in and do anything to get loans processed and to closing on time.
• 4-5 years of Retail loan processing experience.
• Experience processing Conventional and Government (FHA/VA) and Non-QM loans.
• Familiarity with Byte preferred.
• Excellent customer service skills
• Ability to prioritize and work independently with minimal supervision
• Proficient in Microsoft Office, Word, Excel, Outlook, etc.
• Excellent communication skills, both written and oral
• Ability to work in a fast-paced fluid environment and open to Overtime when needed.
• High level of integrity and confidentiality required

Supervisory Responsibilities:

Direct Reports: N/A

Physical and Environmental Conditions:

This role operates in an ADA compliant office environment, utilizing typical office equipment and tasks including computer work. The position may involve partial stationary positions and moving throughout the day. Flexibility to work overtime to meet project deadlines is required.

Base Compensation Information – For residents of the states of CA & CO, and for NY + other areas requiring disclosure:

CMG pays a competitive base which ranges from $60,000 - $65,000 plus eligible for per file bonus and OT. Factors that affect base salary may include: loan processing experience, overall knowledge of mortgage industry, number of years worked in mortgage industry, computer skills, customer service experience specific to working with mortgage lenders, and education.

CMG Financial is an equal opportunity employer and does not unlawfully discriminate in employment decisions. CMG will consider all qualified applicants without regard to race, religion, national origin, sex, age, veteran status, disability, familial status, marital status, actual or perceived sexual orientation, or actual or perceived gender identity. Applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of CMG Financial or reach out to View email address on click.appcast.io.