Senior Loan Processor - Commission Only

Senior Loan Processor - Commission Only

02 Jan 2024
California, Orange county 00000 Orange county USA

Senior Loan Processor - Commission Only

Vacancy expired!

Ready to Make some Money and Grow with an Exciting and Energetic Nationwide Mortgage Company?

Looking for Commisson hungry Senior Loan Processors ready to work a large loan pipeline

Direct Lender based in Aliso Viejo, Ca seeking an experienced Senior Mortgage Loan Processor for an in office position. We have a strong system in place and providing the tools to ensure success in every role. Excellent opportunity for those looking to have a career with a company that has the support to make you a professional in a limitless industry.

Americas Moneyline, Inc is currently hiring Senior Loan Processors with processing experience. The Senior Loan Processor will be responsible for a pipeline of 20-40 loans per month based on experience. Minimum 3 Years Experience and experience in funding VA loans is a major plus. Processor must be able to submit and process Purchase and Refinance transactions from start to completion.

Responsibilities:

· Prepare TRID compliant Change of Circumstances (COCs), Loan Estimates (LEs) including State Specific Disclosures for the Mortgage Loan Originators

· Review loan application packages for completeness and accuracy, including but not limited to credit, income, assets and disclosures including required documentation from the customer and third parties in support of the loan approval decision.

· Attention to detail is a MUST. All documentation to be reviewed/pre-underwritten prior to submission, clearing an underwriting condition(s) and or clearing a funding condition(s).

· Submit full loan packages to registration, review and clear underwriting conditions within lock period.

· Update LOS System (encompass) to reflect accurate information. Encompass knowledge is a plus.

· Responsible for calculating and analyzing income, assets and liabilities

· Responsible for calculating proper loan amounts so that clients are not short to close at docs.

· Communicate, prepare and mail out commitment letter, notice of incompleteness or declines for accurate HMDA reporting

· Verifying and validating supporting income, asset and liability documentation.

· Review and respond to exception reports, internal and external audits, as required by our Operation Manager and Compliance Officer

· Communicate to client(s) a minimum of 2X per week via email and by phone to provide status updates – delivering excellent customer service is paramount

· Maintain accurate pipeline by documenting file status, lock expiration and conversation log to track loan progress

· Provide MLOs updates on file on a weekly basis

· Perform other related duties as assigned or required

· Establish great client relationship by routinely communicating with clients and by delivering excellent customer service

Minimum Qualifications:

2-5 Years of Current Processing experience a must. Experience with DU/LP. VA, Conventional and FHA Loan Experience. TRID experience is a MAJOR plus.

Job Type: Full-time

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Job Details

  • ID
    JC50787752
  • State
  • City
  • Job type
    Full-time
  • Salary
    $400 Per Funded Loan Based on Experience
  • Hiring Company
    California
  • Date
    2024-01-02
  • Deadline
    2024-03-02
  • Category

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