What are the responsibilities and job description for the Mortgage Loan Processor position at Peninsula Mortgage Inc.?
Primary responsibilities include assisting origination staff (loan officers, sales managers, etc.) with loan setup by preparing and reviewing loan documents, entering application information into the Point loan system, and work closely with all parties involved in the loan process including but not limited to customers, loan officers, escrow, title, etc., to order and collect additional loan documentation.
Duties and Responsibilities:
- Communicate clearly and effectively with customers, loan agents and other third parties involved in the mortgage loan transaction.
- Prepare the file by reviewing loan application and obtaining additional documentation as needed.
- Verify the file is locked until final UW submission and disclosures are sent, and validate that the 1003 is completed; missing documentation is identified and depending on severity of file may continue to be processed or returned to the loan officer.
- Accurately enter loan application information into the Point loan system.
- Confirm Title and Escrow have been ordered.
- Stack file in proper stacking order.
- Order FHA case number and query, refinance authorization if applicable.
- Order 4506, print property profiles and elevate the file to Processing.
- Other duties may be assigned.
Job Type: Full-time
Pay: $20.00 - $25.00 per hour
Work Location: Hybrid remote in Sequim, WA 98382
Salary : $20 - $25