Remote Sr, Loan Processor, Wholesale,

Loan Processor

Come join our amazing team and work remote! Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission. Obtains necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files. Perform all duties in accordance with the company's policies and procedures, all US state and federal laws and regulations, wherein the company operates. The target pay range for this position is $58,000.00 to $70,000.00.

What you'll do :

• Receives and review loans submissions, monitors incoming documents, and verifies data collected by Brokers.
• Obtains necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files.
• Organizes and inputs loan information received into the company's Loan Origination System (LOS).
• Maintains open files, orders appraisals, sends verifications, and acquires documentation related to Borrower and property.
• Ensures the quality and compliance of work with Company policies, procedures, and investor guidelines.
• Ensures that all loans are processed to meet Company and Investor guidelines.
• Communicates with Escrow Officer / Settlement Agent, Title Officer, Realtor, Closing Agent, and Appraisal Management Company, and other external parties as required to resolve outstanding issues.
• Communicates with Sales Management, Account Executives, Operations Manager, Disclosure Department, Underwriting Department, Docs / Funding Department, and other internal staff as required to resolve outstanding issues.
• Informs Account Executive, Broker, and / or borrower about discrepancies in title, appraisals, credit, employment, income and other file related items and status of the loan.
• Reviews and evaluates credit information on mortgage loan documents to determine acceptability for loan programs.
• Pulls or verifies credit reports and flood certificates as needed.
• Submits completed file to Underwriting Department for approval.
• Obtains necessary stipulations to clear stipulations prior to docs and funding as required by Underwriting.
• Ensures compliance deadlines are met with regards to issuance of initial disclosures, approval letters and denial notices.
• Process 4506T, lock confirmations and request Change of Circumstance (COC's) as needed.
• Proactively monitors pipeline to ensure timely funding of loans.
• Assists Post Closing Department as needed with making the loan whole for purchase into secondary market.

What you'll need :

Our Company : Carrington Mortgage Services-Wholesale Lending is part of The Carrington Companies. We provide third-party originators, mortgage brokers and financial institutions with access to government and conventional loan programs, as well as low credit score home financing and low down payment options.

What We Offer :

Carrington is an equal opportunity employer. It is the policy of the company that applicants be considered for positions for which they qualify without regard to race, color, religion, sex, gender identity, national origin, ancestry, age, marital status, sexual orientation, protected veterans status, physical or mental disability or any other legally protected category. Carrington will make reasonable accommodations for known physical or mental limitations of a qualified applicant or employee with a disability unless the accommodation will impose an undue hardship on the company.