What are the responsibilities and job description for the Loan Processor position at VirtualVocations?
A company is looking for a Loan Processor to manage loan documentation and customer communication.Key Responsibilities : Review and analyze borrower's credit, employment, income, and assets before submitting to underwritingAssemble complete loan packages and verify all required documentationCommunicate with various companies to obtain necessary third-party documentation and ensure compliance with regulationsRequired Qualifications : High School Diploma or equivalentMinimum of 5 years' residential mortgage processing experienceExperience with Encompass and knowledge of RESPA regulationsFamiliarity with DU, LP, Microsoft Office, and WindowsStrong math and analytical skills