Loan Processor III

Guild Mortgage Company • Bellevue, WA

398d

About The Position

The Loan Processor at Guild Mortgage Company is responsible for processing and pre-underwriting various types of mortgage loans, including conventional, FHA, VA, and Bond loans. This role ensures compliance with company standards and government regulations while achieving production and quality metrics. The Loan Processor acts as a liaison between loan officers, borrowers, underwriters, and funding, preparing and reviewing loan files for completeness and compliance, and monitoring the loan processing cycle to ensure timely closings.

Requirements

• High school diploma or equivalent required; college courses/technical training in Business, Finance/Accounting, Legal, or related field preferred.
• Five or more years of experience as a Loan Processor, preferably with conventional and FHA loans, and at least two years with VA and Bond mortgage loans.
• Expert knowledge of mortgage lending processes and federal, state, and regulatory requirements.
• Strong judgment and critical thinking skills to evaluate facts and data.
• Ability to prioritize multiple tasks in a deadline-driven environment.
• Excellent customer service and communication skills.
• Intermediate math skills and strong detail orientation.
• Prior experience using internal data entry systems, Microsoft Word, Excel, and PDF/Document Retention programs.

Responsibilities

• Process and pre-underwrite conventional, FHA, VA, and Bond mortgage loans.
• Ensure compliance with company, secondary market investor, and government agency standards.
• Achieve production and quality metrics.
• Act as a liaison between loan officer, borrower, underwriter, and funding.
• Prepare and review loan files for completeness and compliance with underwriting guidelines.
• Monitor overall loan processing cycle time to ensure timely closings.
• Communicate and coordinate the resolution of issues that delay loan closing timelines.
• Serve as a subject matter expert when Supervisor/Lead is unavailable.
• Analyze loan-to-value ratio, debt-to-income ratio, and credit reports.
• Order and review third-party documentation to identify potential issues.
• Stay current with federal, state regulations, policies, and industry trends.
• Verify accuracy of AUS findings and program applicability.
• Review documentation integrity and submit loan files to underwriting for approval.
• Coach and provide guidance to less experienced Processors.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Accidental Death & Dismemberment (AD&D) insurance
• Long-term disability (LTD) insurance
• 401(k) with employer match
• Incentive compensation eligibility

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED