Mortgage Loan Processor Assistant

Cathay BankEl Monte, CA
3d$20 - $26

About The Position

Following established policies and department procedures, assist the team of Mortgage Loan Processors with basic support duties of processing a mortgage loan. Will be required to place and track various orders, validate information received, document and update status of the loan file.

Requirements

  • Associate degree preferred or equivalent experience.
  • Corporate work experience and some mortgage lending or banking experience with good knowledge of lending regulations and loan processing in a multi-state lending environment is strongly preferred.
  • Organized and detail oriented.
  • Able to develop working knowledge of Bank’s credit policies and approval process for assigned loans.
  • Ability to work effectively in a fast-paced, high production environment.
  • Organizing and problem-solving skills; good written and verbal communication skills; must be able to adapt well to a fast paced and constantly changing business environment; PC proficient at the intermediate level; demonstrated ability to work in a team-oriented environment; demonstrated ability to provide good client service
  • bilingual English/Chinese (Mandarin or Cantonese) is a plus.

Responsibilities

  • Ensure timely and accurate processing of all orders such as appraisal, verifications, etc. as requested by the Loan Processor.
  • Input and document loan information into the system for processing.
  • Respond to inquiries and follow up with key individuals to resolve problems.
  • Follow up with MLO's on outstanding loan conditions.
  • Support the Mortgage Loan Processors in preparing files for processing and closing.
  • Escalate processing issues to the immediate supervisor or manager for guidance and resolutions.

Benefits

  • coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
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