The Loan Processor is responsible for processing contracts and loan applications. This position is responsible analyzing the loan applications, assessing creditworthiness and the likelihood that a loan applicant will be able to repay the debt. Based on these assessments, the Loan Processor makes mortgage loan recommendations.
Essential Duties and Responsibilities:
Perform in-depth analysis of files for submission to underwriting and closing departments ensuring the required documentation is received and complete.
Establish rapport with borrowers and deliver excellent customer service.
Maintain system data including status and loan events (receipt of stipulations, dates and memos) with anticipation of closing each loan within 30 days.
Order and review all required 3 party reports. Verify all documents and conditions have been met, obtain final approval sign off by underwriting, and confirm scheduled closing date. Resolve all loan level file issues to assist in funding the loan.
Manage internal and external expectations on timelines, costs and processing.
Assist with training new employees in the department.
Follow company guidelines, policies and procedures.
Complete special tasks as assigned by manager as needed.
Skill and Abilities:
Excellent verbal and written communication skills.
Strong organizational and interpersonal skills.
Proficiency with MS Word and Excel.
Ability to multi-task effectively in a fast-paced environment.
Demonstrated knowledge of the mortgage documents and loan processing.
About Hunter Hamilton
Hunter Hamilton is committed to providing equal employment opportunity for all persons regardless of race, color, religion (including religious dress and grooming practices), sex, sexual orientation, gender, gender identity, gender expression, age, marital status, national origin, ancestry, citizenship status, pregnancy, medical condition, genetic information, mental and physical disability, political affiliation, union membership, status as a parent, military or veteran status or other non-merit based factors. We will provide reasonable accommodations throughout the application, interviewing and employment process. If you require a reasonable accommodation, contact us. Hunter Hamilton is an E-Verify employer. This policy is applicable to all phases of the employment relationship, including hiring, transfers, promotions, training, terminations, working conditions, compensation, benefits, and other terms and conditions of employment.
All employees are directed to familiarize themselves with this policy and to act in accordance with it. All decisions with respect to employment matters and other phases of employer-temporary employee relationships will be in keeping with this policy and in accordance with all applicable laws and regulations.