Mortgage Loan Processor

When shopping for a new home many buyers get caught up with interest rates. We offer competitive rates that are the same or better than other lenders Vermont or New Hampshire. We have a unique arrangement with our mortgage partners that allows us to offer you the most competitive rates by letting our mortgage partners compete for your loan. This competition gives us the widest selection of loan products.

Would you like to work with a fun-loving, energetic, fast paced and highly productive team? Would you truly like to be recognized for your personal productivity? If you answered yes to those questions then apply to today. We are seeking highly motivated and detail-oriented Mortgage Loan Processor to join our entrepreneurial team.

The Processor is responsible for providing quality customer service by obtaining necessary documentation for underwriting the loan file, ordering third party documentation, communicating directly with the customer and/or loan officer in a professional and effective manner to obtain necessary documentation, and provide proper disclosure's as required by local, state, and federal regulations.

Flexible schedule. 30 to 40 hours per week for the right candidate.

Responsibilities:

· Obtain and assemble complete loan package in proper order for underwriting. Verify all required documentation (pre-underwrite) in the file. Complete required loan checklist.

· Verify the application is complete and accurate. Verifies documentation submitted and identifies any potential issues that may arise in underwriting. Request information from loan applicants to complete an incomplete application/disclosure package.

· Performs a thorough review and analysis of borrower’s credit, employment, income and assets as required by the particular program before submitting the file to the underwriter. Prepares the 1008 and the 1003 and ensures the accuracy of all the information printed on said documents. Responsible to hand over a completely documented file to the underwriter which is ready for approval or denial.

· Directly communicate with Loan Originator, customer, and underwriter in writing and/or by telephone in order to obtain initial and missing documentation required to qualify for the loan, including but not limited to income information, asset information, credit authorization, trust agreements, purchase agreements, etc.

· Review loans for compliance within TRID, RESPA, TILA, HMDA, Reg. B, etc. (all mortgage related regulations). Prepare proper disclosures as required by regulations.

· Communicate with various vendors to obtain Property Appraisal, Flood Certificate, Title Commitment, and other verification's. Verify vendor orders are complete and invoices received.

· Document all communication related to the loan application in the conversation log.

· Submits loans through DU or LP. Requests and follows up on any DU conditions and ensures documentation meets secondary market requirements.

· Assist closing, and post-closing to obtain and clear outstanding suspense items from our investors.

· Maintains a working knowledge of all mortgage products available through our investors.

Education:

· High School Diploma plus two years of mortgage experience preferred but willing to train the right candidate.

Skills:

· Must have strong communications skills, verbal, written and good listening skills.

· Must be able to work independently and be a team player with the willingness to get involved and assume additional responsibilities.

· Must be able to pay attention to details under tight deadlines or heavy workloads.

· Ability to communicate effectively to instruct and guide others as required.

· Ability to provide efficient, timely, reliable and courteous service to clients.

· Ability to work in a fast-paced ever changing environment and remain flexible.

· Strong math and analytical skills

· Strong computer skills including MS Office suite

Benefits:

· Paid Sick Leave

· Paid Holidays

· Paid Vacation Time

· Health and Dental Insurance plan available

· 401(k) with company matching contribution

Job Type: Full-time

Benefits:

401(k)
401(k) matching
Dental insurance
Health insurance
Paid time off
Retirement plan
Schedule:

Monday to Friday