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Description:Local mortgage brokerage seeking experienced Loan Processor. Responsibilities include:? Order all verifications, appraisals, title work, FHA Case Numbers. ? Act as trouble-shooter for problem loans, interacting between LO, client, and lender. ? Logging new loans ? Reviewing 1003 for accuracy ? Preparing stipulation file/requirements and reviewing with Originator ? Follow up to ensure Statement of Credit Denial letters issued ? Prepare and distribute aging reports to Originators ? Back up receptionist ? Pre-underwrite all loans to ensure proper supporting documentation ? Coordinate and distribute lender and underwriting changes ? Request routine additional documentation from loan customer ? Collect, submit and clear ALL underwriting and ALL funding conditions ? Coordinate closing date and location between Originator, Lender, and closing agent. ? Review HUD prior to closing ? Prepare borrower?s package ? Identify and follow through on solutions for problems or potential problems with staff, cleanliness of office, orders, flow of customers and visitors, as well as problems with computers and software. ? Ensure proper timelines and follow up procedures are adhered to with loans in Prospect list and Pipeline list. ? Verify confidentiality is secure by keeping drawers and sensitive information in locked drawers/cabinets. ? All changes in lenders and programs by lenders must be approved by VP of Operations prior to changes. » Please quote Get Loan Processor Jobs when applying
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