MORTGAGE LOAN PROCESSOR

FISCHER HOMES • Erlanger, KY

73d

About The Position

We are seeking a Mortgage Loan Processor who will ensure the accuracy and compliance of loan applications and closing documents. To provide exceptional customer service by conducting business with integrity and in a highly ethical manner. These skills will be used to perform timely reviews of conditions submitted, as well as loan resubmissions. Provide exemplary customer service to both internal staff and external customers by explaining credit decisions and offering alternative options when needed. Verify and examine information and accuracy of loan application and closing documents. Answer questions and advise customers regarding loans and transactions. Review all pre-closing requirements such as contracts, hazard insurance, flood certifications, and Mortgage insurance certifications. Review pre-audit and closing conditions, clear all closing conditions, and then authorize the funding of the loan. Upon approval of the loan, notify the borrowers and appropriate personnel. Prepares Commitment letters, denial letters and cancel files when necessary. In preparation for closing, prepares closing instructions, follow-up contingencies and verifies lock information, if applicable.

Requirements

• A minimum of 2-3 years of mortgage loan processing experience.
• Experience with Fannie Mae & Freddie Mac processing.
• Experience Processing FHA, USDA and VA Loans.
• Knowledge of Automated Underwriting systems (LP & DU).
• Applicant must be detail-minded, have good organizational and time management skills, and the ability to work in a fast-paced, deadline-driven environment.
• Good computer skills including basic knowledge of Microsoft Word and Excel.
• Excellent written and verbal communication.

Nice To Haves

• Bachelor's degree in Finance, Business Administration, or related field is preferred.

Responsibilities

• Perform timely reviews of conditions submitted, as well as loan resubmissions.
• Provide exemplary customer service to both internal staff and external customers by explaining credit decisions and offering alternative options when needed.
• Verify and examine information and accuracy of loan application and closing documents.
• Answer questions and advise customers regarding loans and transactions.
• Review all pre-closing requirements such as contracts, hazard insurance, flood certifications, and Mortgage insurance certifications.
• Review pre-audit and closing conditions, clear all closing conditions, and then authorize the funding of the loan.
• Upon approval of the loan, notify the borrowers and appropriate personnel.
• Prepare Commitment letters, denial letters and cancel files when necessary.
• In preparation for closing, prepare closing instructions, follow-up contingencies and verify lock information, if applicable.

Benefits

• Professional Development Training programs
• Tuition Reimbursement
• Competitive Compensation
• 401(k) with Company matching contributions and profit-sharing
• Employee Life Insurance
• Personal time off
• Inclusive Leave

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree