What are the responsibilities and job description for the Loan Processor - Bilingual (Chinese/English) - Philadelphia, PA position at Paramount Mortgage Resources, Inc?
Overview:
We are seeking a bilingual, Chinese/English speaking, detail-oriented Loan Processor to join our team. The ideal candidate will possess great analytical skills, meticulousness, and problem solving skills. No experience necessary. If you have a passion for customer service, we want to hear from you!
Duties:
- Review loan applications for accuracy and completeness
- Verify borrower information including employment, income, credit history, and assets
- Ensure all loan files meet regulatory compliance standards
- Communicate with underwriters to clear conditions and expedite loan approval process
- Coordinate with title companies, appraisers, and insurance agents to gather necessary documentation
- Assist in resolving any issues that may arise during the loan process
- Maintain confidentiality of borrower information throughout the process
-Demonstrate good judgment while making decisions that impact clients and the company itself.
- Display professional conduct in all interactions including appearance, communication, attendance and punctuality.
- Performs other duties /functions as requested and assigned.
Requirements:
- Strong understanding of basic math principles and credit analysis
- Knowledge of mortgage contracts and underwriting guidelines
- Excellent communication skills to interact with borrowers, underwriters, and third-party vendors
- Must be bilingual in Chinese/English.
Nice-to-have Skills:
- Certification in Loan Processing or Underwriting
- Experience working with loan origination software
- Prior experience in loan processing or underwriting within the financial services industry, preferred
Join our team as a Loan Processor to contribute to helping individuals achieve their dream of homeownership while ensuring compliance with industry regulations.
Job Type: Full-time
Pay: $45,000.00 - $60,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Employee discount
- Paid time off
- Parental leave
Schedule:
- Monday to Friday
Work Location: In person
Salary : $45,000 - $60,000