Sr. Mortgage Loan Processor

The Power to Shine•Gainesville, FL

4d•Onsite

About The Position

To process, close and fund mortgage loan applications. This role involves performing the entire end-to-end mortgage loan process, including managing a high volume of communications, verifying and inputting application data, reviewing loan files for accuracy and compliance, preparing disclosures, gathering and processing loan documentation, ordering services from external vendors, and coordinating closings. The processor will also monitor loan pipelines, ensure timely progress towards closing dates, and handle the booking, funding, and post-closing assignment of loans.

Requirements

Five years to eight years of similar or related experience.
Mortgage loan or related experience required.
Must have good communication skills.
Ten key calculator, typewriter and keyboard skills.
An advanced working knowledge of Microsoft Excel and Word.
Time management and organization skills are critical.

Responsibilities

Performs the entire end to end mortgage loan process.
Process a large volume of both inbound and outbound real estate loan related phone calls, text messages, emails, and chats from both internal and external members daily.
Communicates effectively with borrowers and mortgage loan originators regarding any missing or delayed documentation required for loan approval or clear to close.
Verify, compile, and input/update application information into the appropriate mortgage software.
Review real estate loan files to verify that all data and documents are complete, accurate, and meet all established standards.
Prepare disclosures within the required time frames to meet regulatory standards.
Gather and process all loan documentation required and ensure compliance with policy, regulatory, and loan terms.
Place orders with outside vendors for title work, appraisals, flood certification, insurance, and any other related items required for the loan to meet underwriting conditions.
Perform necessary follow up on any items required for the loan in a timely manner to ensure target closing dates are achieved.
Submit conditions to underwriting to obtain clear to close.
Inform supervisor or Mortgage Loan Originator of any discrepancies on any loan documentation provided or ordered.
Effectively monitor pipeline report for all loans assigned to their queue to ensure timely forward progress and achievement of target closing date.
Coordinate and schedule closings with all required parties (Borrowers, Mortgage Originators, and Outside vendors.
Communicate effectively with borrowers, mortgage loan originators, and outside vendors to ensure a best in class closing experience.
Generate and coordinate delivery of all closing documentation to appropriate parties.
Book and fund closed real estate loans in the appropriate system.
Ensure all required payoff checks are generated and mailed.
Review closed real estate loan documentation for accuracy and upload to appropriate system.
Assign closed real estate files to Post Closing/Servicing.
Performs other related duties as assigned