Job Description

Job Description

Job Description

Job description
I. Job Summary
A. The Loan Processor will provide standard loan processing support to loan
officers
B. This employee will also possibly provide Spanish interpretation services as
needed
II. Skills Needed
A. Typing (minimum of 30 words per minute)
B. Strong Math Skills
C. Orderliness and Organizational Skills
D. Ability to communicate clearly and concisely
E. Calmness under pressure
F. Ability to operate office machines, such as computer, photocopier, fax, scanner,
E-mail, standard and financial calculator
G. Fluency in Spanish preferred
IV. Advancement Opportunities
 Loan Officer
V. Basic Duties: to assist the Loan Officers with the clerical analytical tasks
of loan origination
 Prepare Loan File Folders.
 Verify that all authorizations and disclosures are provided to borrowers and
received back from borrower(s) fully signed and dated.
 Translate/interpret for Spanish-speaking borrowers
 Make copies of documents received from borrowers.
 Pull Credit Reports as needed.
 Register and submit loans to lenders, and generate disclosures for
borrowers to e-Sign.
 Run Automated Underwriting for conventional and government loan
applications
 Communicate with borrowers to give status updates and request needed
documents from them.
 Gather property documents, insurance statements, mortgage statements,
rental agreements, W2s, paystubs, income taxes, bank statements and
retirement statements as needed from the client, as well as any other
needed document

 Communicate with loan officer in regards to the gathering of
documentation for conditional approvals from third party lenders.
 Use available resources to arrive at potential property value
 Review credit, income, and debt ratio to verify suitability for loan program
loan is being submitted to.
 Open escrow and order the preliminary title report
 Order the appraisal and Insurance Binder
 Do final audit of loan package
 Assist with clearing funding conditions
 Record loan data on closed loan register
 File closed loans
Job Type: Full-time
Pay: $25.00 - $30.00 per hour
Schedule:
 8 hour shift
 Monday to Friday
Supplemental Pay:
 Bonus pay
Work Location: In person

We are a small mortgage brokerage known for honesty, creativity, a full array of conventional, sub-prime, and private lender options. We also do construction, rehab, land, and commercial loans, plus we buy seller financed land sale contracts and Notes and Trust Deeds.

Company Description

We are a small mortgage brokerage known for honesty, creativity, a full array of conventional, sub-prime, and private lender options. We also do construction, rehab, land, and commercial loans, plus we buy seller financed land sale contracts and Notes and Trust Deeds.

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