Bilingual Spanish Senior Processor

New American Funding

5d•$17 - $23•Remote

About The Position

Overview Title: Senior Processor - Must be Bilingual Spanish Location: U.S. Remote Schedule: 8am-5pm local time EST or CST Pay: $17.30/hr base plus $280 per file bonus or $23.07/hr base + $220 per file bonus Come work at New American Funding a Family-owned business, dedicated to helping other families and individuals improve their quality of living. We are looking to add experienced Senior Loan Processors to help us keep up with the $3b per month demand of our customers wanting to refinance and purchase homes. We are offering 100% permanent remote employment. We offer very aggressive bonus plans that reward you for the effort that you put in as an individual. If you are hard-working and dedicated, and like the idea of working for a company that cares. Apply today! Direct Lender - minimal overlays Great compensation and benefits! Per file bonuses starting at loan number #1, paid out bi-weekly Receive full stips, income documents, and all 3rd party items will be ordered before you get the loan! Jr. Processor Support, ordering hazard, insurance, payoffs, WVOE, VVOE, HOA, & HOI, including more! Send out your own LE's and CD's! Easy access to underwriters! Maintain all communication with borrower!

Requirements

5-7 years' experience processing mortgage loans.
Bilingual English/Spanish
Current experience processing purchase loans.
Proficient with Encompass, or other paperless mortgage loan origination systems.
Understanding of all compliance regulations and investor guidelines.

Nice To Haves

Demonstrate advanced product knowledge of FHA, VA, Conventional and other loan programs such as Home Equity Lines of Credit, 2nd Mortgages, Home Improvement, down payment assistance and bond programs.
Demonstrate working knowledge of federal and state guidelines, rules and regulations such as TRID.
Advanced ability to analyze complex tax returns accurately calculate income for all types of borrowers.
Excellent written and oral communication skills.

Responsibilities

Process FHA, VA, Conventional and other loan programs such as USDA, Home Equity Lines of Credit, 2nd Mortgages, Home Improvement loans, Down Payment Assistance and Bond Programs as well as Reverse Mortgages.
Accurately calculate income for all types of borrowers.
Communicate clearly and effectively with customers, loan agents and other third parties involved in the mortgage loan transaction.
Request, review and verify all loan documents such as income, credit, appraisal and title insurance, to ensure complete and accurate information is in the file before it is sent to underwriting.
Obtain verification of deposit, verification of employment, credit report
Prioritize and monitor daily workflow in order to ensure all loans are being worked on in accordance with company's timeline expectations.
Maintain constant communication with customers and loan agents on status updates and/or changes to the loan.
Ensure any necessary and critical changes which require redisclosure have been accurately notated and checked in the loan origination system for compliance purposes.
Coordinate loan closing with customers, title companies, and loan agents.
Work additional hours as needed.
Other duties may be assigned.