Mortgage Loan Processor - 8714 Landmark Mortgage Planners - Ocala, FL

AMERICAN FINANCIAL NETWORK INC • Ocala, FL

1d • Onsite

About The Position

Responsible for effectively managing a designated pipeline of loans from application to completion, providing real-time updates, and acting as the liaison among clients, internal departments, and third-party vendors to complete each transaction. The Mortgage Loan Processor is responsible for collecting required documentation and verifying the accuracy of information necessary to complete each loan, while adhering to departmental turn times and communication standards.

Requirements

• Minimum 2-3 years of current experience in processing residential home loans (emphasis on conventional, FHA, and VA products preferred).
• Superior customer service skills with the ability to communicate real-time updates professionally through verbal or written updates.
• Working knowledge of industry regulatory requirements and available loan products.
• Working knowledge or familiarity with underwriting requirements (agency, FHA, and VA preferred).
• Experience with Microsoft Office and various computer systems (Encompass experience preferred).
• Strong organizational, interpersonal, and time management skills.
• Ability to multitask while maintaining attention to detail and accuracy.
• Responsiveness and willingness to learn new products and programs and keep up with industry changes.

Responsibilities

• Obtain and analyze information necessary to process mortgage applications, including credit reports, income documentation, assets, title work, appraisals, and any other pertinent information.
• Manage daily pipeline with an emphasis on meeting rate lock expirations, mortgage commitment dates, and departmental turn times.
• Effectively communicate loan status to all relevant parties, including borrowers and sales personnel involved in the transaction.
• Ensure compliance with disclosure requirements and meet all compliance standards.
• Accurately prepare files for closing, verifying closing dates, first payment dates, proper setup of escrow accounts, and coordinating with settlement agents for closing.
• Communicate with underwriting, docs, funding, post-closing, and other internal departments to ensure loans are completed accurately and are ready for purchase.
• Consistently update and maintain loan status within Encompass, processing denied or cancelled loans promptly to ensure accuracy in loan pipeline status.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed