Mortgage Loan Coordinator at Summit Funding

Roseville, California, United States -

Full Time

Start Date

Immediate

Expiry Date

10 Feb, 26

Salary

30.0

Posted On

12 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Mortgage Processing, Loan Structuring, Problem Solving, Pipeline Management, File Architecture, Credit Analysis, LTV Understanding, Decision Making, Collaboration, Fast-Paced Environment, Pre-Approval Management, Initial Disclosures, Condition Clearing, High Volume Experience, NMLS Licensing, Strategic Thinking

Industry

Financial Services

Description

Company Description Summit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders. When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to be the biggest, but to strive to be the best. Our growth mindset, positive culture, and history of stability are just a few things that position our company as a leader in the mortgage industry. Benefits and Perks: Opportunity to further a career in a competitive, fast-paced growing industry where you can make a difference in people’s lives. Opportunity to earn competitive compensation including possible bonuses based on performance. Full benefits include medical, dental, vision, 401K plus match, 11 paid holidays, paid time off, and more. Fun team atmosphere, professional development, and more. Job Description Loan Coordinator - Processor for Top Producing Team Starting pay ranges between $24-$30/hr depending on experience with monthly bonuses based on production This position reports out of the Roseville California office but is available as remote. Due to state NMLS licensing regulations, this position is not available for candidates in Alabama, Nevada or North Carolina. The required hours are 8:30am-5pm PST. We are seeking a highly experienced and strategic mortgage professional to act as a crucial partner to a top-producing Branch Manager. This is not a traditional processing role. You will be the primary architect of loan files, taking ownership at the pre-approval stage to analyze, structure, and strategize the optimal financing solution for clients before the Loan Officer's initial consultation. The ideal candidate thrives in a high-volume, fast-paced environment and is a decisive, autonomous worker who is empowered to "run fast" and make critical decisions. If you are a proactive problem-solver who enjoys the front-end complexity of structuring loans and wants to be a key collaborator in a high-growth environment, this role is for you. What the Loan Coordinator-Processor is Responsible for: Front-End File Architecture In-depth reviews of borrower income, assets, and credit to determine the most suitable loan programs from the outset. Strategic Collaboration Provide recommendations to the Loan Officer on file structure, proactively identifying potential challenges, and offering solutions to ensure a smooth process. Pre-Approval and Pipeline Management Ownership of pre-approval pipeline to manage both prospective and active loans. Initial Disclosures Manage issuance of initial disclosures once a property is under contract. Loan Processing As capacity allows, manage files from contract to close, working to clear conditions and ensure timely closings. Qualifications Minimum of 5 years of current hands-on experience in a high-volume mortgage environment. NMLS licensed or ability to be licensed within 90 days is required. Mortgage experience during the 2020-2021 refinance boom is preferred. Ability to work effectively in a fast-paced environment. Deep working knowledge of loan program guidelines and understanding of factors including credit and LTV. Ability to work proactively and make decisions under pressure. Additional Information All your information will be kept confidential according to EEO guidelines.

Responsibilities

The Loan Coordinator-Processor is responsible for front-end file architecture, including in-depth reviews of borrower income, assets, and credit. They will also manage the pre-approval pipeline and assist in loan processing as capacity allows.