Senior Loan Processor

Lennar•Phoenix, AZ

2d•Onsite

About The Position

The Senior Loan Processor performs duties associated with Conventional, FHA and VA loan processing. Duties to include communicating with, and gathering documentation from, customers and reviewing income, credit, assets appraisal, and title work for accuracy and completeness. Requires consistent communication with customers, Lennar associates and other departments.

Requirements

At least 5 years' experience as a Mortgage Loan Processor
Current knowledge of closing and title requirements
Current knowledge of loan processing and automated underwriting
Excellent customer service skills
Proficient with Microsoft Suite

Nice To Haves

Encompass experience is preferred
Bilingual English/Spanish preferred

Responsibilities

Process and close loan applications from initial set-up through funding
Obtain loan income, asset & credit approvals within 30 days of purchase agreement date
Ensure all conditions and requirements of underwriting and investors have been met
Request, review, and analyze collected documents from borrowers and compare to underwriting requirements in order to fulfill conditions
Maintain a pipeline of loans with an emphasis on customer service, quality, accuracy and efficiency
Learn and maintain knowledge of different loan programs
Maintain status and information within processing software system
Obtain the purchase agreements, escrow instructions, and final sales price confirmation to order the appraisal for all purchases
Keep current with investor and internal guideline changes
Maintain continued, effective communication with borrowers, escrow/title, sales agents and Loan Officers
Maintain communication with the borrowers with reference to “needs items” and/or approval conditions to meet the Regulation B notification requirement
Ensure loan is prepared for closing by having all title work and HOI in file and reviewed
Proficiency in handing confidential information and documents