Job Summary:We are seeking a detail-oriented Loan Processor to join our team. The Loan Processor will be responsible for verifying and compiling financial information to complete mortgage loan applications. The ideal candidate will have a strong understanding of loan processing procedures and regulations.Duties:- Review loan applications for completeness and accuracy- Verify applicant information, including employment, credit, and financial history- Calculate debt-to-income ratios and review credit reports- Ensure compliance with lending regulations such as TILA, Fair Housing, and underwriting guidelines- Communicate with loan officers, underwriters, and clients to ensure timely processing of loans- Prepare and submit mortgage loan files to underwriting for approvalQualifications:- Previous experience as a Loan Processor or similar role- Knowledge of loan origination, processing, underwriting, and mortgage servicing- Familiarity with basic math principles and financial calculations- Understanding of contract terms related to loans- Strong attention to detail and organizational skills- Ability to work efficiently in a fast-paced environment- Excellent communication and customer service skillsNice-to-Have Skills:- Experience working as a Loan Officer- Familiarity with Fair Housing regulations- Proficiency in underwriting processesBenefits:- Competitive salary based on experience- Opportunities for career growth within the company- Comprehensive training on loan processing procedures and software applicationsApply now to join our team as a Loan Processor and contribute to helping individuals achieve their dream of homeownership.
Job Type: Full-time
Pay: From $16.50 per hour
Expected hours: 35 per week
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Tuition reimbursement
- Vision insurance
Physical setting:
Schedule:
Experience:
- Fair Housing regulations: 1 year (Preferred)
- Customer service: 1 year (Preferred)
- Loan Processing: 1 year (Required)
Work Location: In person