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Mortgage Loan Processor
2 months ago
Job Summary: The Mortgage Loan Processor will be responsible for managing and processing mortgage loan applications from submission to closing. This role requires strong attention to detail, exceptional organizational skills, and a thorough understanding of mortgage underwriting guidelines and regulations. This role also requires being fluent in both Spanish and English. The ideal candidate will work closely with loan officers, underwriters, and clients to ensure a smooth and efficient loan process.
Key Responsibilities:
- Review and verify loan application documentation, including credit reports, income statements, and property appraisals.
- Ensure compliance with company policies, state and federal regulations, and underwriting guidelines.
- Communicate with clients, real estate agents, and other stakeholders to gather necessary information and resolve any issues.
- Coordinate with underwriters to ensure timely approval of loans and address any conditions or additional documentation required.
- Prepare and review loan closing documents, ensuring accuracy and completeness.
- Maintain detailed records of all loan transactions and interactions.
- Stay up-to-date with industry trends, regulations, and best practices to ensure compliance and efficiency.
Qualifications:
- Bi-Lingual - Spanish and English
- Proven experience as a mortgage loan processor or similar role, with a strong understanding of mortgage lending processes and guidelines.
- Knowledge of relevant regulations, including RESPA, TILA, and FHA/VA guidelines.
- Excellent communication and interpersonal skills, with the ability to interact effectively with clients and team members.
- Strong organizational and time-management skills, with the ability to handle multiple tasks and meet deadlines.
- Proficiency in mortgage processing software and Microsoft Office Suite.
- Attention to detail and a commitment to maintaining high accuracy in all tasks.