OVERVIEW

We are seeking a detail-oriented and motivated Loan Processor to join our dynamic team. In this role, you will be responsible for managing the loan application process from start to finish, ensuring compliance with industry regulations and company policies. The ideal candidate will possess strong analytical skills, a solid understanding of mortgage servicing, and a commitment to providing exceptional customer service.

QUALIFICATIONS

• Previous experience in banking or mortgage servicing is preferred.
• Familiarity with underwriting processes is a plus.
• Strong knowledge of credit analysis principles and practices.
• Excellent attention to detail and organizational skills.
• Ability to work independently as well as part of a team.
• Proficient in using computer systems and software relevant to loan processing.
• Strong communication skills, both written and verbal.
• Basic math skills necessary for accurate calculations.
  Join our team as a Loan Processor where your expertise will contribute to helping clients achieve their financial goals through effective loan management.
  Job Type: Contract
  Pay: $19.00 - $20.00 per hour
  Work Location: In perso

• Review and verify loan applications for accuracy and completeness.
• Conduct credit analysis to assess borrower eligibility and risk.
• Ensure compliance with TILA (Truth in Lending Act) and Fair Housing regulations.
• Collaborate with loan officers and underwriters to facilitate the loan approval process.
• Prepare necessary documentation for loan processing and closing.
• Maintain accurate records of all transactions and communications.
• Assist in resolving any issues or discrepancies that may arise during the processing phase.
• Utilize basic math skills to calculate loan amounts, interest rates, and payments.
• Manage escrow accounts as needed throughout the loan process.
• Perform 10 key typing tasks efficiently to ensure timely processing of applications.