Junior Processor

Job Overview:

The Jr. Loan Processor is responsible for managing and overseeing the registration of mortgage loans, ensuring that all documentation is accurate and complies with industry standards and regulations. The role requires close collaboration with loan officers, underwriters, title companies, and other stakeholders to ensure that the loan registration process is seamless and efficient.

MortgagePros is looking for experienced, licensed Mortgage Loan Officers to join our expanding team As a Loan Officer, you'll be building relationships with clients while helping to provide them with products that best fit their needs. Here at MortgagePros, you will be working with the best Team Leaders, Processors and other team members that will support your success and growth. MortgagePros is one of the fastest growing Mortgage Brokerages with being in the top 50 of UWM's accounts. Come join our team and you will never look back

Key Responsibilities:

• Loan Documentation Review: Examine and verify the accuracy of mortgage loan documents, ensuring they meet regulatory requirements and company policies.
• Loan Registration: Register mortgage loans in the system, ensuring all necessary information is accurately entered and maintained.
• Compliance Management: Ensure all loan documentation complies with state and federal regulations.
• Coordination and Communication: Liaise with loan officers, underwriters, title companies, and other relevant parties to gather missing information, clarify discrepancies, and ensure timely loan registration.
• Quality Assurance: Conduct regular audits of registered loans to ensure completeness and accuracy, identifying and correcting any issues.
• Reporting: Generate and maintain reports on loan registration status, discrepancies, and compliance issues, providing updates to management as needed.
• Process Improvement: Identify opportunities to improve the loan registration process, implementing best practices to enhance efficiency and accuracy.
• Record Keeping: Maintain accurate and organized records of all registered loans, ensuring easy retrieval for audits and reviews.

Qualifications:

• Education: Bachelor’s degree in finance, business administration, or a related field (or equivalent experience).
• Experience Preferred: 0-3 years of experience in the mortgage industry, preferably in loan processing, registration, or compliance roles.
• Knowledge: Strong understanding of mortgage loan documentation, registration processes, and relevant regulations. Software including encompass or an equivalent match.

• Skills:
  • Attention to detail with strong organizational skills.
  • Excellent communication and interpersonal skills.
  • Proficiency in mortgage software systems and Microsoft Office Suite.
  • Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
  • Problem-solving skills with a focus on compliance and quality assurance.

Working Conditions:

• Works in an office environment
• May require overtime