Sr Loan Processor
At a glance
Location: US-CA-Irvine Map
Posted: 05/27/2020
Closing: 06/26/2020
Degree: Not Specified
Type: Full-Time
Experience: Not Specified
Job description
Principal Accountabilities:
  • Perform all processing required tasked within the designated time frames established by Management.
  • Follow up on all outstanding orders with third parties and clients.
  • Obtain and review all required loan conditions issued on the loan with the loan officer, coordinate with buyers, sellers, title companies, closing agents, and real estate agents to obtain additional documentation, complete loan submissions and ensure a successful closing.
  • Responsible for submission of any non-delegated or brokered loan files to the applicable investor in accordance with investor requirements.
  • Obtain all final verification required on all loans prior to closing.
  • Responsible for managing individual pipeline to ensure system data is correct, turn-times met and all compliance requirements adhered to.
  • Responsible for daily communication to designated team members.
  • Main point of contact for clients and originators regarding loan file status.
  • Ability to maintain high client services levels and provide proactive communication with client through all phases of the loan process.
Minimum Qualifications:
  • 3+ years processing/underwriting experience in mortgage loans; minimum of 5 years strongly preferred
  • Full understanding of income analysis, title analysis, appraisal analysis, credit analysis RESPA, TILA, TRID, hazard insurance, and be proficient in both refinance and purchase transactions.
  • Strong customer service skills and ability to manage difficult conversations to a successful outcome and positive client experience
  • Working knowledge of conventional and government guidelines, as well as, Federal and State compliance requirements.
  • Ability to prioritize multiple competing tasks
  • Ability to manage pipeline daily while meeting monthly production and quality goals
  • Strong written and verbal communication skills preferred
  • Fraud Detection
Desired experience:
  • Experience with Encompass loan origination system a plus.
  • Hard Money and Non prime mortgage experience desired.

We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
Sr Loan Processor