Loan Processor

D.R. Horton • Austin, TX

4d

About The Position

D.R. Horton, Inc. is seeking a Loan Processor for its Branch Department. The role processes mortgage loans from receipt by a Loan Officer through Final Approval and provides a high level of customer service to builders and home buyers. The Loan Processor works with DHI Underwriters and internal systems to review loan files, address underwriting conditions, maintain file records, and follow quality control policies. The position also involves regular reporting, communication, and coordination with the Branch Manager and other parties.

Requirements

• One-year certificate from a college or technical school.
• Three to six months of related experience and/or training.
• Ability to apply common-sense understanding to carry out instructions furnished in written or oral form or through DRH applications.
• Proficiency with MS Office and email.

Nice To Haves

• Strong written communication skills and attention to detail.
• Ability to accurately and efficiently process and record large amounts of data.

Responsibilities

• Oversee receipt of loan files from a Loan Officer through Final Approval.
• Review files for correct stacking order, automated underwriting (AU) findings for initial determination, and appropriate documentation; input changes into computer systems and rerun the file for a correct AU determination; provide file status to all parties.
• Submit files to a DHI Underwriter at the Regional Underwriting Center and review conditions received from underwriting; once conditions are received, make necessary system changes and resubmit to the AU system.
• Read updates and comply with Quality Control policies, attend QC meetings as scheduled, review files for DHI Mortgage-required checklists, and respond to QC write-ups within 10 calendar days.
• Review Loan Processor, Project to Close, and Timeline Exception reports daily, and review the Loans in Process Report weekly.
• Review the Loan Officer's needs list.
• Maintain an accurate communication log.
• Attend weekly processor meetings as directed by the Branch Manager.
• Reconcile the Fee Summary Sheet.
• Perform additional duties as assigned.
• Conduct business professionally and ethically to serve customers and increase the goodwill and profit of the company.

Benefits

• Medical, dental, and vision coverage.
• 401(k).
• Employee Stock Purchase Plan.
• Flexible Spending Accounts.
• Life and disability insurance.
• Vacation, sick, and personal time, and company holidays.
• Multiple voluntary and company-provided benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree