Loan Processor III (CST & Bilingual)

loanDepot

7d

About The Position

Loan Processors will work independently processing both conventional and government products. They will examine and evaluate approval of customer applications for real estate loans and will be responsible for the closing of loans in a timely manner. loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.

Requirements

• 5+ years loan processing experience required
• FHA/VA product experience required
• Automated Underwriting (DU) experience required
• High school diploma or general education degree (GED) required

Nice To Haves

• Purchase processing experience preferred

Responsibilities

• Review loan files and determine what documentation is required to meet investor guidelines
• Communicate and respond to internal customers (Loan Consultants, Processing Managers) and external customers (borrowers, 3rd party vendors) generally within 2 hours
• Utilize pipeline reports to effectively manage loans and prioritize daily workflow
• Become proficient with document management system and update all information appropriately and accurately in system
• Consult with Loan Processing Manager weekly on loan status and prioritizes workflow accordingly
• Maintains current knowledge of guidelines and loan programs
• Requests, organizes, and processes loan documentation and independently submitting files to Underwriting monthly
• Successfully manage a full pipeline, month over month
• Consistently hit monthly funding requirements based on pipeline size and current market conditions

Benefits

• Aggressive compensation package based on experience and skillset
• Inclusive, diverse and collaborative culture where people from all backgrounds can thrive
• Work with other passionate, purposeful and customer-centric people
• Extensive internal growth and professional development opportunities including tuition reimbursement
• Comprehensive benefits package including Medical/Dental/Vision
• Wellness program to support both mental and physical health
• Generous paid time off for both exempt and non-exempt positions

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: High school or GED