Part time Loan Processor
US Realty & Mortgage Inc
Job Description
LOOKING FOR PART-TIME TO FULL TIME. NOT A REMOTE JOB! Willing to drive to Whittier, CA daily.
We are looking for a HIGH ENERGY, DETAILED and reliable Loan Processor to individual loans. You will undertake an intermediary role between wholesale lenders and our inside team. We are looking for qualified applicants to process loans in a timely manner with outstanding customer service, writing and phone skills. Loan processor duties and responsibilities will include analysis of the loan file from initial opening to drawing loan documents for final docs and everything in between.
Responsibilities
Perform initial review of the loan file
Collect and package the loan file for submission to the underwriter
Document the file and reach out to all participants for updated documents (Credit/income/Assets/Insurance/etc.)
Obtain loan applications daily
Edit application, or input application through Point and download to Automated Underwriting System (Desktop Underwriter) and run credit to obtain pre-approval
Document borrower information provided in application
Submit file to underwriter for Pre-Approval
Notify Loan Originator (Loan Advisor, A-List, or Loan Consultant) regarding prequalification, requirements, and decision (approval, counteroffer, denial)
Obtain all conditions required from borrower (i.e. income documentation, assets/bank statements, purchase contract and escrow instructions if purchase transaction)
Analyze all forms of income documentation
Send preapproval letter to borrower upon request
Maintain open communication with the borrower or Loan Originator
Skills
Be able to work in an office
Proven 3-5 year working experience in a loan processor role
Good knowledge of Calyx software and MS Office
Comprehension of direct/indirect lending procedures
In-depth understanding of relevant rules and regulations
Excellent communication and sales skills
Balance between customer satisfaction orientation and a results driven approach
Job Type: Part Time to Full-time as business picks up
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$20 - $31 per hour
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