Responsibilities

Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards and ensuring completeness of submission. Perform all duties in accordance with the company’s policies and procedures, including all US state and federal laws where the company operates. Candidate must be detail oriented and extremely organized. Prior experience processing mortgage loans is preferred.

Mortgage Loan Processors duties:

• Obtains necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files.
• Ensures the quality and compliance of work with company policies, procedures, and investor guidelines.
• Constant communication with all external parties to the loan including but not limited to Borrower, Realtor, Closing Agent, and Appraisal Management Company.
• Communicate with escrow officer/settlement agent, title officer as required to resolve outstanding issues.
• Reviews and evaluates credit information on mortgage loan documents to determine acceptability for loan programs.
• Receives and review loans submissions.
• Organizes and inputs loan information received into the company’s loan origination system. 
• Maintains open files, orders appraisals, sends verifications, acquires documentation related to borrower and property.
• Pulls or verifies credit reports, flood certs and disclosures.
• Informs loan officer, agent, borrower about discrepancies in title, appraisals, credit , employment, income and other file related items.
• Submits completed file to underwriting department for approval.
• Orders payoffs (if required), clear lender conditions, coordinate closing and post closing package assembly.
• Obtains necessary stipulations to clear conditions prior to docs and funding as required by underwriting.

Qualifications

• College degree preferred (Accounting/Business/Finance/etc)
• Must be located in DC/MD/VA and be willing to work from the office

Job Type: Full-time

Pay: $20.00 – $25.00 per hour

Benefits:

• Flexible schedule
• Paid time off

Physical Setting:

• Office

Schedule:

• Monday to Friday

Supplemental Pay:

• Commission pay

Education:

• Associate (Required)

Experience:

• Mortgage Processing: 2 years (Preferred)

Work Location:

• One location

Benefit Conditions:

• Waiting period may apply
• Only full-time employees eligible

Work Remotely:

• No

COVID-19 Precaution(s):

• Remote interview process
• Personal protective equipment provided or required
• Virtual meetings