We are looking for TEMPORARY loan processors.
The Loan Processor is responsible for all aspects of the loan process from application to closing, ensuring all critical dates are met to allow for on time closings.
Manage a pipeline of loans, with a focus on meeting critical date deadlines
Process Conventional, FHLMC, FNMA, FHA, VA and USDA loans from application to closing
Evaluate borrower profiles to determine loan program eligibility
Review borrower documents provided and update loan operating system. Run AUS as needed
Acts as the main point of contact for borrower during loan process
Review and analyze loan documentation, including income, credit, assets, appraisal and title
Analyze documentation provided to clear processor conditions
Address fraud alerts that may reflect on borrowers identity or for subject collateral
Education and Experience Requirements
Current knowledge of FHLMC, FNMA, VA & FHA guidelines
Solid understanding of RESPA, QM and TRID rules with respect to disclosing/re-disclosing
Comprehensive understanding of all aspects of loan policies and mortgage regulations
Must have three (3) to five (5) years of mortgage industry experience
Must possess the ability to work efficiently and accurately in a fast paced environment
Ability to handle competing priorities effectively and within established timeframes
Excellent interpersonal skills and pleasant disposition
Must be detail-oriented and demonstrate careful decision-making skills
Ability to work independently with minimal supervision
Basic working knowledge of loan origination systems, Microsoft Word and Excel
Ability to prioritize loan files based on dates received, contingency dates and close dates.
Bachelor's degree preferred, not required
New Penn Financial