Loan processor Jobs in Denver, CO

Mortgage Loan Processor - Purchase

Compensation: $40K base pay plus bonus with total compensation up to $155K+ per year

At American Financing, we're innovators with imagination. We do what it takes to help customers achieve their financial goals. And we stay ahead of the competition by challenging ourselves to become more efficient. We are one of the fastest-growing national mortgage lenders because we don't follow the status quo. See what it's like to work for a national mortgage lender that truly values its employees. Wherever your passions lie, you can find rewarding work and new opportunities here. Casual work environment Family-owned, customer-focused Denver Post Top Workplace Top 50 Family-Owned Business Best of Colorado Business Inc. 5000 Fastest-growing Private Company

Job Summary

We are expanding our growing purchase team and seeking high-performing loan processors who strive for excellence. The ideal candidate operates with the highest ethical standards, prioritizing the best interests of our borrowers and fellow team members. We offer a competitive compensation package that includes a base salary and a performance-based bonus structure.

What You Will Bring

Minimum of 2 years of recent loan processing experience. Extensive experience with VA, FHA, and conventional loan products is required. Proficiency with DU/LP, CHFA, and purchase-specific loan files. Highly detail-oriented and organized with a proven ability to meet strict deadlines. Advanced proficiency in the Microsoft Office Suite. Proven ability to multi-task and thrive in a fast-paced, high-volume environment. Strong communication skills with the ability to clearly articulate ideas both verbally and in writing. Self-motivated and proactive with the ability to work effectively with minimal supervision.

Duties and Responsibilities

Process and close a minimum of 12 loans monthly, meeting all purchase loan deadlines. Maintain a robust pipeline to ensure timely closings with a 90% COE (Close of Escrow) success ratio or higher. Ensure the secure and accurate accumulation of all required loan documentation. Facilitate the timely and compliant closing of various residential mortgage loans within established timeframes. Procure necessary verifications for credit items, including employment (VOE), assets (VOD), rental history, and credit reports. Research and verify account information while proactively resolving customer issues as they arise. Liaison with third-party vendors (appraisal, title, insurance, etc.) to obtain documentation required for loan approval. Maintain a secure environment for loan files while upholding a strong code of moral and professional ethics. Review documentation and provide conditions for loan approvals to ensure compliance with underwriting guidelines (borrower, credit, and collateral). Analyze and interpret financial data to ensure alignment with established industry parameters. Demonstrate proficiency in computer systems for loan tracking and processing, specifically LOS and AUS platforms. Provide administrative and operational support to management and loan officers as needed. Ensure all state, federal, and company-specific disclosures are provided to clients in compliance with regulations. Identify and communicate concerns regarding potential misrepresentation or fraudulent activity to the Branch Manager or Processing Supervisor. Maintain transparent communication with applicable loan officers regarding any issues affecting loan processing or approval. Collaborate with Underwriting and Closing departments to ensure high-quality submissions and efficient file flow. Communicate suggestions for system improvements or operational efficiencies to the Processing Manager. Assist in troubleshooting and problem-solving to ensure the successful closing of residential loans. Must be able to work a hybrid schedule: Monday to Wednesday: in office; Thursday and Friday - work from home.

Compensation: $40K base pay plus bonus with total compensation up to $155K+ per year

What We Bring Medical, dental, vision, 401k Paid time off and sick days Paid holidays Long-term paid disability Paid maternity and bonding leave Full desk equipment provided American Financing Corporation (AFC) is an Equal Opportunity Employer. AFC does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis protected by law. All employment is decided on the basis of qualifications, merit and business need. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.