Job Description
Job Description
LOOKING FOR PART-TIME TO FULL TIME. NOT A REMOTE JOB! Willing to drive to Whittier, CA daily.
We are looking for a HIGH ENERGY, DETAILED and reliable Loan Processor to individual loans. You will undertake an intermediary role between wholesale lenders and our inside team. We are looking for qualified applicants to process loans in a timely manner with outstanding customer service, writing and phone skills. Loan processor duties and responsibilities will include analysis of the loan file from initial opening to drawing loan documents for final docs and everything in between.
Responsibilities
- Perform initial review of the loan file
- Collect and package the loan file for submission to the underwriter
- Document the file and reach out to all participants for updated documents (Credit / income / Assets / Insurance / etc.)
- Obtain loan applications daily
- Edit application, or input application through Point and download to Automated Underwriting System (Desktop Underwriter) and run credit to obtain pre-approval
- Document borrower information provided in application
- Submit file to underwriter for Pre-Approval
- Notify Loan Originator (Loan Advisor, A-List, or Loan Consultant) regarding prequalification, requirements, and decision (approval, counteroffer, denial)
- Obtain all conditions required from borrower (i.e. income documentation, assets / bank statements, purchase contract and escrow instructions if purchase transaction)
- Analyze all forms of income documentation
- Send preapproval letter to borrower upon request
- Maintain open communication with the borrower or Loan Originator
Skills
Be able to work in an officeProven 3-5 year working experience in a loan processor roleGood knowledge of Calyx software and MS OfficeComprehension of direct / indirect lending proceduresIn-depth understanding of relevant rules and regulationsExcellent communication and sales skillsBalance between customer satisfaction orientation and a results driven approachJob Type : Part Time to Full-time as business picks up
Company Description
We are a Real Estate Firm and Mortgage Company. Please call Elizabeth @ 323-833-1957 or email resume to elizabeth@eresmortgage.com
Company Description
We are a Real Estate Firm and Mortgage Company. Please call Elizabeth @ 323-833-1957 or email resume to elizabeth@eresmortgage.com