Mortgage Loan Processor

4 weeks ago


Denver, Colorado, United States Motto Mortgage IMG Full time
Mortgage Loan Processor Job Description

We are seeking an experienced and detail-oriented mortgage loan processor to join our dynamic lending team at Motto Mortgage IMG.

The ideal candidate will have years of mortgage processing experience, a can-do attitude, and a proven track record of providing solutions in the mortgage lending industry.

Key Responsibilities:
  • Verify loan originations against available programs and investor guidelines
  • Review and analyze loan documentation, including appraisals, loan applications, credit reports, income, assets, and title insurance
  • Check ratios and verify the accuracy of AUS findings and program applicability
  • Input loan file documentation accurately into necessary software programs
  • Review and submit applications and conditions to the underwriter for approval
  • Order third-party documentation and reports
  • Provide status updates to Mortgage Loan Officers
  • Identify potential issues and communicate with the Mortgage Loan Officer
  • Monitor overall loan processing cycle time to ensure loan closes on time
  • Obtain and verify clearance of all underwriting conditions and prepare the file for submission to closing
Qualifications:
  • Proven history of originating purchase loans
  • Bilingual (English/Spanish)
  • A college degree is strongly preferred
  • Proficient technical skills (Microsoft or Google Suite, experience using a CRM to manage leads, etc.)
  • Minimum of 2+ years loan processing experience required
  • Must possess excellent written and verbal communication skills
  • FHA, FHLB, FNMA, or VA loan product knowledge and mortgage lending experience required
  • Superb analytical skills, time management skills, and attention to detail


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