What are the responsibilities and job description for the Loan Processor position at Adelante Wholesale Mortgage, LLC?
Job Summary
We are seeking a detail-oriented and organized Loan Processor to join our dynamic team in the financial services industry. The ideal candidate will play a crucial role in the loan origination process, ensuring that all documentation is accurate, complete, and compliant with regulatory standards. This position requires a strong understanding of TILA regulations, credit analysis, and mortgage servicing. The Loan Processor will work closely with loan officers, underwriters, and escrow teams to facilitate smooth transactions for our clients.
Duties
- Review and verify loan applications for accuracy and completeness.
- Conduct credit analysis to assess borrower qualifications.
- Collaborate with loan officers to gather necessary documentation from clients.
- Prepare and process loan files for underwriting review.
- Ensure compliance with TILA regulations and other applicable laws.
- Coordinate with escrow teams to facilitate timely closings.
- Maintain detailed records of all communications and documentation related to each loan application.
- Assist in resolving any issues or discrepancies that may arise during the processing stage.
- Utilize 10 key typing skills for efficient data entry and record management.
Qualifications
- Previous experience in loan processing or a related role within the financial services sector is preferred.
- Strong knowledge of loan origination processes, underwriting guidelines, and mortgage servicing practices.
- Familiarity with TILA regulations and compliance requirements.
- Excellent credit analysis skills with attention to detail.
- Proficient in using financial software and tools relevant to loan processing.
- Strong organizational skills with the ability to manage multiple tasks simultaneously.
- Effective communication skills, both written and verbal, to liaise with clients and team members effectively.
- A background in banking or financial services is a plus.
Join our team as a Loan Processor and contribute to providing exceptional service while helping clients achieve their financial goals!
Job Type: Full-time
Pay: $38,712.11 - $46,621.03 per year
Schedule:
- 8 hour shift
- No weekends
Ability to Commute:
- McAllen, TX 78501 (Required)
Ability to Relocate:
- McAllen, TX 78501: Relocate before starting work (Required)
Work Location: In person
Salary : $38,712 - $46,621