Loan Processor I
4 weeks ago
At American Mortgage Network, we are seeking a highly skilled Mortgage Processor I to join our team in Phoenix. This is a fantastic opportunity to work with a 100% employee-owned mortgage company that offers a great retirement plan and excellent benefits.
Key Responsibilities:
- Prepare and validate critical loan documentation in the Loan Origination System.
- Oversee accuracy and compliance to mortgage industry regulatory and investor guidelines.
- Scan and upload documents in loan files to the loan origination system.
- Have strong knowledge to process residential mortgage loan files from initial application to funding in a timely manner.
- Review loan file in detail and gather documentation from the borrower and third-party vendors and review AUS findings accordingly.
- Responsible for completing files accurately and must have the ability to calculate income (W-2; Commission; Tax Returns).
- Responsible to review and confirm data in LOS that matches the loan file.
- Responsible for communicating with all parties of the loan in a timely manner. Ability to review and understand investor guidelines.
- Successfully work directly with Loan Officers; Underwriters and Closing Department to ensure that loan files meet expected timelines.
Requirements:
- Minimum 1 year processing experience.
- FNMA, FHLMC, FHA and VA knowledge.
- Proficiency with DU and LP, FHA Connection and VA Portal.
- Strong knowledge at calculating all income including self-employed borrowers.
- Strong knowledge of TRID and Compliance.
- Strong knowledge of processing Multiple State/ Compliance.
- High level of attention of detail.
- Proficient/Strong knowledge working in Encompass.
- Excellent Customer Service / Team player.
American Mortgage Network is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to age, race, religion, gender, sexual orientation, national origin, or their status as a protected veteran or an individual with disabilities. Employment contingent upon successful completion of a background check. American Mortgage Network is a drug-free environment.
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