Loan Processor - Lending (US Mortgage)

Job Title: Analyst/Senior Analyst

Job Summary:The Senior Loan Processor is responsible for managing the loan processing workflow, ensuring compliance with regulatory requirements, and providing exceptional service to clients and loan officers. This role involves reviewing loan applications, verifying documentation, and coordinating with various stakeholders to facilitate timely loan closings.

Key Responsibilities:

• Review and analyze loan applications and supporting documentation for completeness and accuracy
• Verify borrower information and creditworthiness through various sources
• Communicate with loan officers, underwriters, and clients to gather necessary information and resolve issues
• Ensure compliance with federal, state, and local regulations throughout the loan process
• Prepare and submit loan files to underwriting for approval
• Monitor loan status and provide updates to clients and stakeholders
• Assist in training and mentoring junior loan processors
• Maintain accurate records and documentation in accordance with company policies

Qualifications:

• Bachelor's degree in finance, business, or a related field preferred
• Minimum of 5 years of experience in mortgage processing or a related role
• Thorough understanding of mortgage products, processes, and regulations
• Experience with loan processing software (e.g., Encompass, Calyx) is preferred
• Strong organizational skills and ability to work independently
• NMLS license preferred but not required

Skills:

• In-depth knowledge of mortgage processing and underwriting guidelines
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Proficiency in loan processing software and Microsoft Office Suite
• Ability to manage multiple tasks and meet deadlines
• Attention to detail and accuracy
• Strong customer service orientation