What are the responsibilities and job description for the Loan Processor position at Motto Mortgage IMG?
We are currently seeking an experienced and detail-oriented mortgage loan processor for our dynamic lending team. The ideal candidate will have years of mortgage processing experience, a can-do attitude, and a proven track record of providing solutions in the mortgage lending industry. If you are looking for an excellent position that will help you reach your financial goals, start your application today! Compensation :
60,000 - $100,000 yearly
Responsibilities :
- Assure that loan files meet banking and regulatory guidelines and policies
- Put together loan packages and submit to lender underwriting for approval or denial
- Secure property and loan documentation to process mortgage loan files such as appraisals, inspections, title searches, site surveys, contracts, and property tax records
- Decide the creditworthiness and complete the mortgage loan application by working with the borrower to obtain necessary and verified financial documentation, such as credit reports
- Maintain detailed documentation of the process in our system - from origination to close
- Verifies that loans originated can be done according to available programs and investor guidelines
- Reviews and analyzes all loan documentation received such as appraisals, loan applications, credit reports, income, assets, and title insurance
- Checks ratios and verifies the accuracy of AUS findings and program applicability
- Inputs loan file documentation accurately into necessary software programs
- Reviews and Submits applications and conditions to the underwriter for approval
- Orders third-party documentation and reports
- Provides status updates to Mortgage Loan Officers
- Identifies potential issues and communicates with the Mortgage Loan Officer
- Monitors overall loan processing cycle time to ensure loan closes on time
- Obtains and verifies clearance of all underwriting conditions and prepares the file for submission to closing
- Regular and Reliable attendance is required as an essential function of this position
- Performs other duties as assigned
Qualifications :
About Company
We are a high-paced Mortgage company, and our goal is to provide exceptional customer service. We don't just sell real estate, we work hard to make sure our customers get the best lending experience.
Our staff of agents always looks forward to gaining customer trust and helping them discover the smarter way to buy a home.
Salary : $60,000 - $100,000
