Loan Processor II

3 days ago

Madison, United States Guild Mortgage Full time
Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm, we are dedicated to serving the homeowner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry.

Position Summary

Process residential mortgage loans. Achieve production and quality metrics. Liaison between loan officer, borrower, underwriter and funding. Prepare and review loan file to ensure completeness of submission and supporting documents, as well as compliance with underwriting and investor guidelines. Monitor overall loan processing cycle time to ensure the loan closes on time. Communicate and coordinate the resolution of issues that delay loan closing timeline.

Essential Functions

  • The processor is to become the contact for non-licensed activity once the loan is submitted to them.
  • Monitor the overall lending process, and identify, resolve, and communicate issues that could impact timely closure of loans.
  • Identify potential issues and communicate to consumer and loan officer.
  • Request supporting documentation from borrower within required timeframes.
  • Order and review all third-party documentation, including credit checks, title reports, appraisals, tax returns, verifications of employment/assets, etc. to identify and address potential issues.
  • Check ratios and verify accuracy of AUS findings and program applicability.
  • Review and verify documentation integrity to ensure it aligns with findings, completeness and compliance, and submit loan file to underwriting for approval.
  • Identify qualifying/program issues prior to submission to Underwriting.
  • Provide options within guidelines and makes recommendations if borrowers may qualify for suitable programs.
  • Update and verify accuracy of data input into system.
  • Verify compliance with Company standards, federal and agency regulations, standards, and guidelines, as well as any applicable state-specific and or local regulations, ordinances, etc.
  • Stay current with federal and state regulations and industry guidelines.
  • Obtain and verify clearance of all underwriting conditions and prepare the file for submission to Closing.
  • Order generation of loan documents.
  • Use and modify templates to compose professional correspondence and emails.
  • Provide status updates to Loan Officers and/or borrowers.
Qualifications
  • High school diploma or equivalent required; college courses/technical training related to Business, Finance/Accounting, Legal, or related field is preferred.
  • Total recent work experience includes two or more years' experience as a Loan Processor processing conventional loan, with at least one year experience in processing FHA or VA loans.
  • Ability to build strong relationships with loan officers, production, underwriting, closing and other internal and external partners.
  • Detailed knowledge of overall mortgage lending internal processes and control, as well as federal, state, and regulatory requirements/guidelines related to consumer mortgage lending for conventional and FHA or VA loans.
  • Detailed knowledge of conventional and FHA or VA loans, including various product/program guidelines, necessary conditions for approval, and investor specific guidelines.
  • Detailed knowledge of valid documentation related to processing consumer mortgage applications (e.g., tax returns, financial statements and records, verification of income and deposits, etc.).
  • Ability to prioritize multiple tasks in a deadline-driven environment, strong sense of urgency and responsiveness.
  • Excellent customer service, interpersonal, verbal and written communication skills
  • Intermediate math skills.
  • Strong verbal and written communication skills.
  • Strong detail orientation and highly organized.
  • Prior experience using internal data entry systems, Microsoft Word, Excel and PDF/Document Retention programs.
Supervision
  • Depending on experience, work with moderate to intermittent guidance and supervision
  • Moderate level of independent judgment and discretion related to area(s) of specialization
  • Receive guidance to resolve/escalate issues of high complexity
  • Average monthly pipeline is 14 loans.
  • Travel: 0%
Requirements
  • Physical: Work is primarily sedentary; occasionally walks and/or stands.
  • Manual Dexterity: Frequent use of computer keyboard and mouse.
  • Audio/Visual: Ability to accurately interpret sounds and associated meanings at a volume consistent with interpersonal conversation. Regularly required to accurately perceive, distinguish and interpret information received visually and through audio; e.g., words, numbers and other data broadcasted aloud/viewed on a screen, as well as print and other media.
  • Environmental:Office environment - no substantial exposure to adverse environmental conditions.


Guild offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, vision, life insurance, AD&D, LTD and 401(k) with employer match.

Guild Mortgage Company is an Equal Opportunity Employer.

This position offers eligibility for incentive compensation.

Compensation at Guild is influenced by a wide array of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant's geographical location.

  • Loan Processor II

    1 day ago

    Madison, United States GUILD.com Full time

    Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm, we are dedicated to serving the homeowner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry. Position Summary...

  • Indirect Loan Processor

    5 days ago

    Madison, United States UW Credit Union Full time

    Overview: UW Credit Union’s Consumer Lending Department is growing and hiring for a Indirect Loan Processor to join the team! If you are passionate about helping others reach their financial goals, and excited about the growth UW Credit Union is experiencing, this is the job for you! **Responsibilities**: **What You'll Do**: - Responsible for meeting...

  • Consumer Loan Processor

    2 weeks ago

    Madison, Wisconsin, United States Celerity Staffing Solutions Full time

    Job DescriptionJob DescriptionOur Madison based client is seeking full time, seasonal help with loan processing starting in May At minimum, this position is anticipated to go through AugustSchedule: Weekdays from 8am to 4:30pm Location: Onsite - West Side MadisonPay: $19-22/hr ~ based upon experienceBring your customer focused, self-motivated energy to this...

  • Junior Loan Officer

    3 weeks ago

    Madison, United States CrossCountry Mortgage Full time

    Description Our organization is currently seeking a talented and service-oriented junior loan officer. We have a solid partnership with the area's top real estate team, which keeps our loan officers busy! Our organization is currently seeking a talented and service-oriented junior loan officer. The successful candidate will have some experience in sales,...

  • Junior Mortgage Loan Officer

    1 month ago

    Madison, United States CrossCountry Mortgage Full time

    Description At a time when most companies are laying off loan officers, we are actively hiring! We have a solid partnership with the area's top real estate team, which keeps our loan officers busy! Our organization is currently seeking a talented and service-oriented junior loan officer. The successful candidate will have some experience with mortgages,...

  • Senior Loan Officer

    3 weeks ago

    Madison, United States CrossCountry Mortgage Full time

    Description Would you like to have free access to over 400 quality leads/month from one of the top real estate teams in the state? Do you have a proven track record of creating lending solutions for your clients and a desire to assist buyers in obtaining the property of their dreams? If so, we'd love to talk with you about joining our team! We partner with a...

  • Junior Loan Officer

    2 weeks ago

    Madison, United States CrossCountry Mortgage Full time

    Job DescriptionJob DescriptionOur organization is currently seeking a talented and service-oriented junior loan officer. We have a solid partnership with the area's top real estate team, which keeps our loan officers busy! Our organization is currently seeking a talented and service-oriented junior loan officer.  The successful candidate will have some...

  • Junior Loan Officer

    3 weeks ago

    Madison, United States CrossCountry Mortgage Full time

    Job DescriptionJob DescriptionOur organization is currently seeking a talented and service-oriented junior loan officer. We have a solid partnership with the area's top real estate team, which keeps our loan officers busy! Our organization is currently seeking a talented and service-oriented junior loan officer.  The successful candidate will have some...

  • Junior Mortgage Loan Officer

    1 month ago

    Madison, United States CrossCountry Mortgage Full time

    Job DescriptionJob DescriptionAt a time when most companies are laying off loan officers, we are actively hiring! We have a solid partnership with the area's top real estate team, which keeps our loan officers busy! Our organization is currently seeking a talented and service-oriented junior loan officer. The successful candidate will have some...

  • Junior Mortgage Loan Officer

    4 weeks ago

    Madison, United States CrossCountry Mortgage Full time

    Job DescriptionJob DescriptionAt a time when most companies are laying off loan officers, we are actively hiring! We have a solid partnership with the area's top real estate team, which keeps our loan officers busy! Our organization is currently seeking a talented and service-oriented junior loan officer. The successful candidate will have some...

  • Mortgage Loan Originator

    1 month ago

    Madison, United States CrossCountry Mortgage Full time

    Job DescriptionJob DescriptionWould you like to have free access to over 400 quality leads/month from one of the top real estate teams in the state? Do you have a proven track record of creating lending solutions for your clients and a desire to assist buyers in obtaining the property of their dreams? If so, we’d love to talk with you about joining our...

  • Mortgage Loan Originator

    4 weeks ago

    Madison, United States CrossCountry Mortgage Full time

    Job DescriptionJob DescriptionWould you like to have free access to over 400 quality leads/month from one of the top real estate teams in the state? Do you have a proven track record of creating lending solutions for your clients and a desire to assist buyers in obtaining the property of their dreams? If so, we’d love to talk with you about joining our...

  • Senior Loan Officer

    4 weeks ago

    Madison, United States CrossCountry Mortgage Full time

    Job DescriptionJob DescriptionWould you like to have free access to over 400 quality leads/month from one of the top real estate teams in the state? Do you have a proven track record of creating lending solutions for your clients and a desire to assist buyers in obtaining the property of their dreams? If so, we’d love to talk with you about joining our...

  • Senior Loan Officer

    2 weeks ago

    Madison, United States CrossCountry Mortgage Full time

    Job DescriptionJob DescriptionWould you like to have free access to over 400 quality leads/month from one of the top real estate teams in the state? Do you have a proven track record of creating lending solutions for your clients and a desire to assist buyers in obtaining the property of their dreams? If so, we’d love to talk with you about joining our...

  • Loan Closer

    2 weeks ago

    Madison, United States WBD, Inc Full time

    A rewarding career opportunity in a professional work environment exists for you with WBD! We are seeking a full-time Loan Closer to join our Madison team. WBD is focused on finding the right employee and welcomes applicants with any level of experience. Duties and pay commensurate with experience. WBD offers opportunities for advancement with...

  • Client Site Liaison II

    1 month ago

    Madison, United States Arup Laboratories, Inc Full time

    SSM Health St. Mary's Hospital, 700 S Brooks St, Madison, WI 53715 Schedule: Monday - Friday (40 hrs/wk) 1:30 PM - 10:00 PM Department: Client Site Liaisons - 916 Primary Purpose: This position is for an on site processor at SSM Health St. Mary's Hospital, in Madison, Wisconsin, 53715. The Client Site Liaison II works at the client site and acts as a...

  • Client Site Liaison II

    4 weeks ago

    Madison, United States Arup Laboratories, Inc Full time

    SSM Health St. Mary's Hospital, 700 S Brooks St, Madison, WI 53715 Schedule: Monday - Friday (40 hrs/wk) 1:30 PM - 10:00 PM Department: Client Site Liaisons - 916 Primary Purpose: This position is for an on site processor at SSM Health St. Mary's Hospital, in Madison, Wisconsin, 53715. The Client Site Liaison II works at the client site and acts as a...

  • Personal Banker Associate II

    4 weeks ago

    Madison, United States Fifth Third Full time

    Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Selected candidates are intended to become a Retail Personal Banker II after completing a 4-8 week on-boarding and education program that includes rotations in Operations...

  • Diesel Technician/Mechanic II

    2 weeks ago

    Madison, Wisconsin, United States Penske Truck Leasing Full time

    What's the Job? Ready to move your career forward? As a Technician at Penske, you'll do exactly that. Here, you'll perform preventative maintenance and repairs of all levels on the newest and best maintained fleet of vehicles in the industry. You will help our customers keep their vehicles in shape and on the road. As a Technician II at Penske, you are a...

  • Branch Banking Client Consultant II

    4 weeks ago

    Madison Hts, United States Flagstar Bank, N.A. Full time

    Position Title Branch Banking Client Consultant IILocation Dequindre (Madison Hts, MI)Job Summary A Branch Banking Client Consultant I provides customers with high quality, prompt, and professional financial services. Responsible for interacting with clients and providing exceptional service by greeting them as they enter one of our branches and providing...