Position Title: Mortgage Loan Processor
Location: Richardson, Texas
Industry: Mortgage / Residential Lending
Classification: Full-Time, Exempt, Hybrid Remote
Reports To: VP, Operations Manager
Jones Networking is recruiting for a Mortgage Loan Processor to join a Residential Lending Firm in Richardson, TX. Our client offers a competitive salary, employer paid healthcare, 401(k) with company match, long & short term disability insurance, life insurance, tuition reimbursement, flexible spending account, bonus opportunities and much more!

MORTGAGE LOAN PROCESSOR POSITION SUMMARY:

-Maintain open line of communication with customers and Account Executives throughout the process, assisting them with questions and notifying them and other parties with additional requirements and/or conditions.
-Review documents and verify data collected by Account Executives.
-Ensure program eligibility and compliance with underwriting guidelines.
-Calculate income and verify debt-to-income ratio (DTI) prior to submission to Underwriting.
-Act in a lead capacity in the timely follow-up for missing documentation pertinent to the underwriting decision and closing of the transaction.
-Manage a pipeline of open loan files from set-up to disbursement to closing dates.
-Enter preliminary HUD-1 into the Loan Origination System.

QUALIFICATIONS SUMMARY:

-Minimum one year of related experience in a mortgage banking environment.
-Minimum two years experience in a mortgage processing, underwriting or closing function.
-College Degree is a plus.
-Working knowledge of Freddie Mac LP or Fannie Mae DUS.
-Understanding of conventional processing guidelines.
-Strong organizational and communication skills.
-Flexibility to work in the office 3 days a week.
Job Type: Full-time
Pay: $50,000.00 - $55,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Referral program
• Retirement plan
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Experience:

• Loan processing: 1 year (Required)

Location:

• Richardson, TX 75080 (Required)

Work Location: Hybrid remote in Richardson, TX 7508

Please refer the Job description for details