What are the responsibilities and job description for the Mortgage Loan Processor position at Liberty One Home Loans?
Overview
We are seeking an experienced NMLS Licensed Mortgage Processor to join our expanding company. This position requires strong analytical skills and a thorough understanding of mortgage lending processes.
Duties
- Review and verify loan applications, ensuring all necessary documentation is complete and accurate.
- Conduct credit analysis to assess borrower eligibility and risk.
- Collaborate with loan officers, underwriters, and escrow agents to facilitate smooth loan processing.
- Maintain compliance with TILA regulations and other relevant guidelines throughout the loan processing cycle.
- Prepare and organize loan files for underwriting review, ensuring all required information is included.
- Utilize 10 key typing skills to efficiently input data into the loan processing system.
- Communicate effectively with borrowers to gather additional information as needed and provide updates on loan status.
- Assist in resolving any issues or discrepancies that may arise during the processing of loans.
Experience
- Proven experience in mortgage processing or related roles within the financial services sector.
- Familiarity with loan origination systems and processes, including escrow and underwriting procedures.
- Excellent credit analysis skills with attention to detail in reviewing financial documents.
- Previous experience working in a bank or financial institution is preferred.
- Ability to work independently while managing multiple tasks effectively in a fast-paced environment.
If you are NOT an experienced mortgage loan processor, PLEASE do NOT apply for this job.
Job Type: Full-time
Pay: $45,000.00 - $125,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Schedule:
- Monday to Friday
Work Location: In person
Salary : $45,000 - $125,000