Loan Processor

Fairway Independent Mortgage Corporation • Gainesville, VA

5d • Onsite

About The Position

We are looking for a detail-oriented and proactive Loan Processor to join our branch team. In this role, you will be the engine of the lending process, ensuring that loan files are accurate, compliant, and moving swiftly toward closing. You will serve as a vital link between Loan Officers, borrowers, and underwriters, providing the high-level organization and "white-glove" customer service that defines our brand. Fairway Home Mortgage, founded in 1996, is a nationwide leader in the mortgage industry. Customer service is at the heart of everything we do. We deliver personalized loan solutions with some of the fastest turn times in the industry. Our mission is to act as trusted advisors, guiding clients through every step of the mortgage process to exceed expectations and ensure satisfaction. Our culture promotes innovation, growth, and collaboration, offering exciting career paths and professional development. Whether you're starting out or advancing your career, Fairway is a place where your skills and ambitions can thrive. Current Employees: Head to the Fairway Careers Hub in Workday for internal job openings. We post some job openings internally for our employees and others externally for the general public. If you cannot find the perfect role right now, do not hesitate to contact the Careers Team at [email protected]. We can answer any questions and keep you updated on future opportunities. View our E-Verify and Right to Work notices HERE. Important Notice to Job Seekers! We’ve been made aware of fraudulent messages falsely claiming to be from Fairway recruiters, including links to assessments. These are not legitimate and are not affiliated with Fairway Independent Mortgage Corporation. We’re working with our Information Security team to address this issue. Thank you for your vigilance and continued interest in joining Fairway! All official communication will come from verified Fairway email addresses or our official LinkedIn page. If you receive a suspicious message, please do not click any links and notify us. At Fairway Independent Mortgage Corporation, we’ve been committed to delivering exceptional service and fostering a culture of growth and collaboration since our founding in April 1996. We strive to make a meaningful impact in the communities we serve by living out our core values daily. Explore rewarding career opportunities at Fairway, from branch-based roles to corporate support positions. Join a team dedicated to helping others and achieving success together.

Requirements

• Experience: 1+ years of proven experience in the mortgage industry.
• Industry Knowledge: Solid understanding of Conventional and Government loan requirements.
• Regulatory Expertise: Strong working knowledge of state and federal real estate lending regulations.
• Technical Proficiency: Skilled in loan processing software and digital document management systems.
• Communication Skills: Ability to explain complex requirements clearly and direct clients to licensed team members for specialized guidance when needed.

Responsibilities

• Pipeline Management: Prioritize and manage your workflow to ensure all loans meet critical deadlines and close on time.
• File Preparation & Review: Compile and evaluate financial data for loan files; review applications for reasonableness and completeness before submission to Underwriting.
• Documentation Oversight: Order and track essential third-party documents, including appraisals, VOEs, and VODs.
• Proactive Communication: Act as a primary point of contact for borrowers and Loan Officers to gather missing info and provide status updates.
• Condition Clearing: Work closely with stakeholders to obtain the documentation needed to clear trailing conditions.
• Vendor Relations: Coordinate effectively with title companies, appraisers, and other third-party vendors.
• Closing & Compliance: Submit approved files to the Closing department and ensure all approval/denial letters are sent in compliance with regulations.
• Data Integrity: Maintain accurate records of loan statuses, including applications, approvals, and cancellations.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 1-10 employees