Senior Loan Processor

4 days ago


Tempe, Arizona, United States Lennar Corporation Full time
Job Title: Senior Loan Processor

We are Lennar Mortgage, a company that values personal growth, innovation, and diversity. We are seeking a skilled Senior Loan Processor to join our team, who shares our passion for bringing homeownership to life.

About the Role

The Senior Loan Processor will be responsible for performing duties associated with Conventional, FHA, and VA loan processing. This includes communicating with customers, gathering documentation, and reviewing income, credit, assets, appraisal, and title work for accuracy and completeness.

Key Responsibilities
  • Process and close loan applications from initial set-up through funding
  • Obtain loan income, asset, and credit approvals within 30 days of purchase agreement date
  • Ensure all conditions and requirements of underwriting and investors have been met
  • Request, review, and analyze collected documents from borrowers and compare to underwriting requirements in order to fulfill conditions
  • Maintain a pipeline of loans with an emphasis on customer service, quality, accuracy, and efficiency
  • Learn and maintain knowledge of different loan programs
  • Maintain status and information within processing software system
  • Obtain purchase agreements, escrow instructions, and final sales price confirmation to order the appraisal for all purchases
  • Keep current with investor and internal guideline changes
  • Maintain continued, effective communication with borrowers, escrow/title, sales agents, and Loan Officers
  • Maintain communication with the borrowers with reference to 'needs items' and/or approval conditions to meet the Regulation B notification requirement
  • Ensure loan is prepared for closing by having all title work and HOI in file and reviewed
  • Proficiency in handling confidential information and documents
Requirements
  • At least 5 years' experience as a Mortgage Loan Processor
  • Current knowledge of closing and title requirements
  • Current knowledge of loan processing and automated underwriting
  • Encompass experience is preferred
  • Excellent customer service skills
  • Proficient with Microsoft Suite
  • Bilingual English/Spanish preferred
Compensation and Benefits

The median base compensation for this position is estimated to be $28.85-$30.29/hour, subject to adjustment based on business-related factors including employee qualifications, geographic location, and operational considerations. This position may be eligible for performance-based bonuses as determined in the Company's sole discretion. The position will be eligible for the described benefits listed in the above section.

Life at Lennar

At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone's Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar's policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.

Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.



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