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Senior Loan Processor
Senior Loan ProcessorLit Financial • Troy, MI, US
Senior Loan Processor

Senior Loan Processor

Lit Financial • Troy, MI, US
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Job Title :

  • Senior Loan Processor Company : LitFinancial Location : Troy, MI Position Type : Full Time Reports To : Director of Operations LitFinancial is on a mission to be the most client focused mortgage company in the industry.
  • As of 2025, LitFinancial has earned a perfect 5-star review with the Better Business Bureau and a 4.9 rating with hundreds of reviews from Google by delivering a world class experience.
  • LitFinancial is a dynamic organization built with go-getters who are passionate, hardworking, and honest which fuels an incredible environment.

Position Overview :

  • As a Senior Loan Processor, you will manage a high-volume loan pipeline from submission through clear to close with minimal supervision.  You will act as a subject matter expert and resource to junior processors, ensuring accuracy, compliance, and client satisfaction.  This role requires deep knowledge of mortgage guidelines and strong communication with internal and external partners.

    • Key Responsibilities :

  • Independently process and manage a pipeline of complex Conventional, FHA, and VA loans.
  • Analyze and verify all loan documentation for accuracy and compliance.
  • Review and satisfy underwriting conditions and communicate requirements clearly to clients.
  • Coordinate effectively with loan officers, underwriters, and closers to ensure timely closings.
  • Maintain compliance with TRID, RESPA, and company guidelines.
  • Mentor and support junior processors, providing guidance and training as needed.
  • Identify process improvements and contribute to team efficiency initiatives.
  • Qualifications 1–2 years of mortgage loan processing experience (Conventional preferred; FHA / VA a plus).
  • Deep understanding of mortgage lending regulations, TRID, DU / LP, and investor requirements.
  • Advanced proficiency in LOS systems (LendingPad, Encompass, or equivalent).
  • Exceptional organizational and communication skills with the ability to prioritize under pressure.
  • Strong problem-solving abilities and a proactive approach to issue resolution.
  • High school diploma or equivalent (college degree preferred).

    • What We Offer :

  • Competitive salary and performance-based bonuses Health, dental, and vision insurance 401(k) Paid time off and holidays Supportive and collaborative team environment Career growth opportunities within LitFinancial Powered by JazzHR
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