The Mortgage Loan Processor plays a vital role in ensuring the seamless processing and verification of loan applications. This position requires a keen eye for detail, exceptional organization skills, and the ability to work collaboratively with loan officers, underwriters, and other team members to ensure timely approvals and funding of loans.
- NonQM experience is required
Key Responsibilities :
Review Loan Applications : Analyze loan applications for completeness and adherence to legal and regulatory standards.Verify Borrower Information : Gather, confirm, and update financial and personal details necessary for loan approval, including income, credit history, employment verification, and property specifics.Document Preparation : Organize and prepare essential loan documents, such as application forms, credit reports, and legal disclosures.Coordinate with LPA and Investors : Liaise with LPA to request any needed information or clarifications while keeping them updated on the status of their applications.Monitor Loan Progress : Oversee loan applications through each stage of the approval process, ensuring timely submission of documentation and addressing any pending items.Compliance : Ensure all loan files meet legal and regulatory standards, including federal and state laws, as well as company policies.Assist Underwriters : Support underwriters in assessing loan applications and financial data as needed.Maintain Records : Keep accurate records of loan applications, approvals, denials, and related documentation in compliance with company and regulatory guidelines.Problem Resolution : Proactively address and resolve any issues or discrepancies related to loan applications, documentation, or processing delays.Customer Service : Deliver outstanding customer service by responding promptly to client inquiries and providing assistance throughout the loan process.Griffin Funding is an equal opportunity employer, providing opportunities to all employees and applicants without discrimination. We comply with all applicable federal, state, and local laws concerning employment nondiscrimination.
NMLS #1120111
VA Approved Lender ID : 9088650000
FHA Non-Supervised Lender No. : 01472-0000-3