Loan Processor III

1 month ago

Draper, 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 home owner/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 and pre-underwrite conventional, FHA, VA and Bond mortgage loans to ensure compliance with Company, secondary market investor, and government agency standards. 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. "Go to" subject matter expert/lead when Supervisor/Lead is not available.

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.
  • Analyze loan-to-value ratio, debt-to-income ratio, credit report, application, income and assets, source(s) of down payment funds and examine supporting documentation to identify potential fraud or misrepresentation.
  • Identify potential issues and communicate to consumer and loan officer.
  • 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.
  • Stay current with federal, state regulations, policies and industry trends.
  • 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, and re-structure loan as necessary.
  • 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.
  • Obtain and verify clearance of all underwriting conditions and prepare the file for submission to Closing.
  • Order generation of loan documents.
  • Coach and provide guidance to less experienced Processors as needed.
  • 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 five or more years' experience as a Loan Processor, preferably processing conventional and FHA loans along with at least two years of experience processing VA and Bond mortgage loans.
  • Ability to build strong relationships with loan officers, production, underwriting, closing and other internal and external partners.
  • Expert 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, FHA, VA and Bond mortgage loans.
  • Expert knowledge of conventional, FHA, VA and Bond mortgage loans, including various product/program guidelines, necessary conditions for approval, and investor specific guidelines.
  • Expert knowledge in new construction documentation and condominium projects.
  • Expert knowledge of valid documentation related to processing consumer mortgage applications (e.g., complex tax returns, financial statements and records, verification of income and deposits, etc.).
  • Sound judgment, ability to think critically, including the ability to evaluate facts and data to draw conclusions, determine the downstream impact of decisions and associated risks.
  • 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, supervision is intermittent to infrequent
  • Depending on experience moderate to high level of independent judgment and discretion related to area(s) of specialization
  • May provide guidance to less experienced team members to resolve/escalate issues of high complexity
  • Exercise sound judgment in executing core job responsibilities
  • Average monthly pipeline is 14 loans.
  • Travel:0%

Requirements

Physical: Work is primarily sedentary; mobility in an office setting.

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.

Target Salary Range: $21.46 - $32.19

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 III

    4 weeks ago

    Draper, 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 home owner/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...

  • Loan Processor III

    1 month ago

    Draper, United States Guild Full time

    Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/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...

  • Bilingual Loan Processor

    3 weeks ago

    Draper, United States Dollar Loan Center Full time

    LOAN PROCESSORWhat we do? We're a short-term lender who serves our community by offering our customers a solution to their financial needs.Why YOU should work here! For starters, our first Core Value is fun! Dollar Loan Center rewards its employees who work hard are dependable and do a great job. We have fun contests, offer great benefits, closed on...

  • Mortgage Loan Processor

    2 months ago

    Draper, United States Houzd Mortgage Full time

    Job Description Houzd Mortgage is seeking an experienced Mortgage Processor to join our dynamic team. Built on a foundation of empowerment, strength, and expertise, we are committed to guiding clients in making well-informed financial decisions. At Houzd, we take pride in fostering continuous improvement, ensuring that our team has the tools and knowledge to...

  • Surgical Technologist III PRN

    4 months ago

    Draper, United States Lone Peak Hospital Full time

    Description IntroductionDo you have the PRN career opportunities as a(an) Surgical Technologist III PRN you want with your current employer? We have an exciting opportunity for you to join Lone Peak Hospital which is part of the nation's leading provider of healthcare services, HCA Healthcare.BenefitsLone Peak Hospital, offers a total rewards package that...

  • Surgical Technologist III PRN

    4 months ago

    Draper, United States Lone Peak Hospital Full time

    Description IntroductionDo you have the PRN career opportunities as a(an) Surgical Technologist III PRN you want with your current employer? We have an exciting opportunity for you to join Lone Peak Hospital which is part of the nation's leading provider of healthcare services, HCA Healthcare.BenefitsLone Peak Hospital, offers a total rewards package...

  • Surgical Technologist III PRN

    6 days ago

    Draper, United States Lone Peak Hospital Full time

    Job DescriptionDescription IntroductionDo you have the PRN career opportunities as a(an) Surgical Technologist III PRN you want with your current employer? We have an exciting opportunity for you to join Lone Peak Hospital which is part of the nation's leading provider of healthcare services, HCA Healthcare.BenefitsLone Peak Hospital, offers a total...

  • Surgical Technologist III PRN

    6 days ago

    Draper, United States Lone Peak Hospital Full time

    Description IntroductionDo you have the PRN career opportunities as a(an) Surgical Technologist III PRN you want with your current employer? We have an exciting opportunity for you to join Lone Peak Hospital which is part of the nation's leading provider of healthcare services, HCA Healthcare.BenefitsLone Peak Hospital, offers a total rewards package that...

  • Surgical Technologist III PRN

    4 months ago

    Draper, United States Lone Peak Hospital Full time

    Description IntroductionDo you have the PRN career opportunities as a(an) Surgical Technologist III PRN you want with your current employer? We have an exciting opportunity for you to join Lone Peak Hospital which is part of the nation's leading provider of healthcare services, HCA Healthcare.BenefitsLone Peak Hospital, offers a total rewards package that...

  • Mortgage Loan Officer

    2 months ago

    Draper, UT, United States Enterprise Services Full time

    Zions Bancorporation is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the "Best Banks to Work For" and as having a top banking team in its list of "The Most Powerful Women in...

  • Transaction Coordinator

    3 weeks ago

    Draper, 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 home owner/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 The...

  • Surgical Technologist III PRN

    4 weeks ago

    Draper, Utah, 84020, Salt Lake County, UT, United States Lone Peak Hospital Full time

    Description IntroductionDo you have the PRN career opportunities as a(an) Surgical Technologist III PRN you want with your current employer? We have an exciting opportunity for you to join Lone Peak Hospital which is part of the nation's leading provider of healthcare services, HCA Healthcare.BenefitsLone Peak Hospital, offers a total rewards package...

  • Surgical Technologist III PRN

    3 months ago

    Draper, UT, United States Lone Peak Hospital Full time

    Description IntroductionDo you have the PRN career opportunities as a(an) Surgical Technologist III PRN you want with your current employer? We have an exciting opportunity for you to join Lone Peak Hospital which is part of the nation's leading provider of healthcare services, HCA Healthcare.BenefitsLone Peak Hospital, offers a total rewards package that...

  • Certified Surgical Tech

    4 months ago

    Draper, United States Lone Peak Hospital Full time

    Description Introduction- Sign On Bonus Available (relocation if applicable)Are you looking for a work environment where diversity and inclusion thrive? Submit your application for our Certified Surgical Tech opening with Lone Peak Hospital today and find out what it truly means to be a part of the HCA Healthcare team.BenefitsLone Peak Hospital, offers a...

  • Certified Surgical Tech

    4 weeks ago

    Draper, United States Lone Peak Hospital Full time

    Description Sign On Bonus Available (relocation if applicable)Introduction-Are you looking for a work environment where diversity and inclusion thrive? Submit your application for our Certified Surgical Tech opening with Lone Peak Hospital today and find out what it truly means to be a part of the HCA Healthcare team.BenefitsLone Peak Hospital, offers a...

  • Certified Surgical Tech

    3 weeks ago

    Draper, United States Lone Peak Hospital Full time

    Description Sign On Bonus Available (relocation if applicable)Introduction-Are you looking for a work environment where diversity and inclusion thrive? Submit your application for our Certified Surgical Tech opening with Lone Peak Hospital today and find out what it truly means to be a part of the HCA Healthcare team.BenefitsLone Peak Hospital, offers a...

  • Certified Surgical Tech

    4 months ago

    Draper, United States Lone Peak Hospital Full time

    Description Introduction- Sign On Bonus Available (relocation if applicable)Are you looking for a work environment where diversity and inclusion thrive? Submit your application for our Certified Surgical Tech opening with Lone Peak Hospital today and find out what it truly means to be a part of the HCA Healthcare team.BenefitsLone Peak Hospital, offers a...

  • Certified Surgical Tech

    4 months ago

    Draper, United States Lone Peak Hospital Full time

    Description Introduction- Sign On Bonus Available (relocation if applicable)Are you looking for a work environment where diversity and inclusion thrive? Submit your application for our Certified Surgical Tech opening with Lone Peak Hospital today and find out what it truly means to be a part of the HCA Healthcare team.BenefitsLone Peak Hospital, offers a...

  • Certified Surgical Tech

    4 weeks ago

    Draper, United States Lone Peak Hospital Full time

    Description Sign On Bonus Available (relocation if applicable)Introduction-Are you looking for a work environment where diversity and inclusion thrive? Submit your application for our Certified Surgical Tech opening with Lone Peak Hospital today and find out what it truly means to be a part of the HCA Healthcare team.BenefitsLone Peak Hospital, offers a...

  • Certified Surgical Technologist

    3 weeks ago

    Draper, United States Lone Peak Hospital Full time

    Description $5,000 Sign-On Bonus!!!IntroductionDo you have the career opportunities as a(an) Certified Surgical Technologist you want with your current employer? We have an exciting opportunity for you to join Lone Peak Hospital which is part of the nation's leading provider of healthcare services, HCA Healthcare.BenefitsLone Peak Hospital, offers a total...