drjobs Loan Processor

Loan Processor

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1 Vacancy
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Job Location drjobs

Philadelphia, PA - USA

Yearly Salary drjobs

USD 60000 - 60000

Vacancy

1 Vacancy

Job Description

Loan Processor

Department: Loan Operations

What Sets Us Apart

At UMortgage we have a customercentric servicebased approach. We focus on home purchases emphasizing consumer education real estate agent relationships and personalized experience for home buyers. Our goal is to empower our team members to provide a bestinclass experience while prioritizing longlasting relationships.

What We Need

The Loan Processor will be responsible for managing the loan application process from initial submission through to approval and closing. This role requires specialized knowledge of specific loan types or programs including FHA VA USDA and Jumbo loans and strong skills in relationship building documentation and compliance. The ideal candidate will have a keen eye for detail and the ability to handle complex loan files with precision.

What Youll Do

  • Work efficiently and effectively to ensure a smooth loan process.

  • Collaborate and proactively communicate with internal and external parties such as:

  • Internal: Loan Originators Underwriters Branch Managers Team Leaders and additional team members

  • External: real estate agents borrowers Title companies attorneys HOI agents and escrow agents

  • Build meaningful relationships with borrowers and collect documentation needed to complete the loan process.

  • Review prepare and submit approved loan files to the Title company for settlement.

  • Review all loan approvals and address any conditions required for our Underwriting and Closing teams promptly.

  • Meet or exceed our service level agreements (SLA) for turnaround time between all internal and external clients

  • Obtain and Review documentation pertinent to various types of mortgages.

  • Embrace and embody our companys core values and consumercentric model to provide superb customer service throughout the loan process.

  • Coordinate with our Sales and Closing teams to ensure all parties involved in the loan process are provided with timely and accurate updates and have a positive experience.

  • Schedule and track closing dates contingency dates and loan lock expirations.

  • Maintain a meticulous record of data on the volume and status of loans including new applications loans approved canceled or denied.

  • Additional responsibilities related to business needs.


Required Experience:

Manager

Employment Type

Full-Time

Company Industry

Department / Functional Area

Operations

About Company

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