Loan Processor Specialist

6 days ago


White Plains, New York, United States Deraaff Capital and Raven3 Home Buyers Full time
Mortgage Loan Processor Job Description

Deraaff Capital and Raven3 Home Buyers is seeking an experienced Mortgage Loan Processor to join our highly productive and skilled lending team. As a key member of our team, you will be responsible for managing the loan process from origination to close, ensuring compliance with current lending policies and regulations.

Key Responsibilities:
  • Order property and loan documentation, including appraisals, inspections, title searches, site surveys, contracts, and property tax records, to facilitate mortgage loan processing.
  • Liaise with the mortgage lending underwriting department, mortgage loan originators, real estate agents, and applicants to facilitate loan approval.
  • Prepare and submit detailed loan packages to the lender underwriting department for approval or denial.
  • Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine creditworthiness.
  • Interview prospective loan applicants and assist them in finding the best loan products for their needs.
Requirements:
  • FHA, FHLB, FNMA, or VA loan product knowledge and mortgage lending experience required.
  • Excellent written and verbal communication skills.
  • 2 years minimum experience in loan processing required.
  • Superb analytical skills, time management skills, and attention to detail.
  • Accounting, finance, or business Associate's degree preferred - High school diploma or GED required.
Compensation:

$75,000


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