Loan Processor Lead
Loan Processor Lead
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$ 66000 - 73000
1 Vacancy
Job Description
Job Description:
The loan processing Team Lead supports the processing team by providing coverage and support in taking over the tasks the loan processors are responsible for when there is planned and unplanned PTO an influx of volume mentoring new hires and/or projects assigned based on business needs. Responsibilities and tasks include ensuring loan files contain all the documentation and data necessary to move through the loan lifecycle efficiently and to close the loan on time. Attention to detail passion for process and obsession with excellent customer service are critical. The Loan Processor is exposed to very sensitive personal information of our borrowers so high levels of integrity and discretion are expected and nonnegotiable. The team lead would also participate in tasks to the assist the loan processing managers such as audits and projects related to policies and procedures.
Essential Duties:
- Assist Loan Originators by prioritizing sales pipelines based on application statuses
- Support Loan Originators with tasks related to completing the mortgage loan application 1003 Application) such as running AUS (Fannie Maes DU/DO Freddie Macs LPA S2S or USDAs GUS) or importing information from credit reports
- Generate initial disclosures for LO review in accordance with the TILARESPA Integrated Disclosure Rule (TRID) procedures and timelines
- Collect documentation from borrowers at the direction of LOs and the loan system; enter document information into the loan system and submit information to wholesale lending organizations for conditional approval
- Manage the statuses and followup communications with mortgage services providers such as appraisers and title companies
- Work with wholesale lending underwriters to secure conditional approval and clearance to close
- Validate Final Closing Disclosure (Final CD) information and resolve any missing or mismatched data before closing the loan file in our system
- Execute a Closing Checklist to confirm that all regulated and reportable information is captured in a loan file before closing the file in our system
- Run and distribute various reports on a recurring basis
- Participate in process improvement projects
- Provide prompt warm and memorable service
- Mentor new hires by providing handson shadow sessions during training and assisting with their first few loans
- Partner with loan processing managers providing support to the loan processing team byanswering questions and/or assisting with loan scenarios/escalations
- Participate inany projects related to processes and procedures
- Participate in specific loan audits
- Consistently manage 510 loans in thepipeline (this may or may not include loans being covered)
License/Certification:
- Your mortgage licensure will be managed by the company; existing loan origination or loan processing license is required
Experience:
- 3 years ofmortgage loan processing or other types of loan processing experience
- Exceptional Customer Service
- Ability to multitask
- Strong attention to detail
- Solid understanding of mortgage processing regulations technology terminology and environment.
- Ability to project a high degree of professionalism and positive image
- Ability to resolve interpersonal conflict and miscommunications
- Wholesale and TPO experience not required but a plus!
Hire Range/Rate: $66000$73000
Actual compensation offered to candidate will be finalized at offer and may be above or below the posted range due to skill level experience industry specific knowledge education/certifications or geographic location. The offer rate represents one component of the RE/MAX Holdings total compensation package. Employees will also receive a number of benefits as listed below. Other compensation for this position may include bonus eligibility.
- Competitive Medical Dental and Vision benefits
- Retirement plans with optimal company match
- Annual bonus/merit opportunity
- Educational Assistance
- Mental Health support program
- M.O.R.E. Events offered inperson and virtually
- Mentorship program
- Employee Resource Groups
- Community Engagement
- Diversity Equity and Inclusion
- Parenting
- Remote
- Women at RE/MAX
RE/MAX LLC & Motto Mortgage
Now is your chance to become part of a worldclass industry leading organization. RE/MAX Holdings Inc. is a business that builds businesses. We provide the tools education and tech to our real estate network which includes RE/MAX and Motto Mortgage franchises agents brokers and consumers. Join us and build a career where your contribution is heard your
RE/MAX Holdings Inc. is proudly headquartered in Denver Colorado. Certain roles may be location specific however in addition to Colorado we welcome qualified candidates in the following states: Arkansas California Florida Georgia Illinois Massachusetts Michigan Ohio and Texas!
RE/MAX Holdings Inc. is proud to be an equal opportunity employer committed to diversity and inclusion as well as nondiscrimination in employment. All persons shall be afforded equal employment opportunity and all qualified applicants receive consideration without regard to race color religion gender sexual orientation national origin age veteran status disability unrelated to performing the essential task of the job or other legally protected categories. In any materials you submit you may redact or remove ageidentifying information such as age date of birth or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.
*As measured by transactions sides
Application Deadline: May 22 2025
Employment Type
Full-Time
