Description
Position at loanDepot
Position Summary:
Loan Processors will work independently processing both conventional and government products. They will examine and evaluate approval of customer applications for real estate loans and will be responsible for the closing of loans in a timely manner.
Responsibilities:
- Review loan files and determine what documentation is required to meet investor guidelines
- Communicate and respond to internal customers (Loan Consultants Processing Managers) and external customers (borrowers 3rd party vendors) generally within 2 hours
- Utilize pipeline reports to effectively manage loans and prioritize daily workflow
- Become proficient with document management system and update all information appropriately and accurately in system
- Consult with Loan Processing Manager weekly on loan status and prioritizes workflow accordingly
- Maintains current knowledge of guidelines and loan programs
- Requests organizes and processes loan documentation and independently submitting files to Underwriting monthly
- Successfully manage a full pipeline month over month
- Consistently hit monthly funding requirements based on pipeline size and current market conditions
Requirements:
- 5 years loan processing experience required
- FHA/VA product experience required
- Automated Underwriting (DU) experience required
- Purchase processing experience preferred
- High school diploma or general education degree (GED) required
Why work for #teamloanDepot:
- Aggressive compensation package based on experience and skillset
- Inclusive diverse and collaborative culture where people from all backgrounds can thrive
- Work with other passionate purposeful and customer-centric people
- Extensive internal growth and professional development opportunities including tuition reimbursement
- Comprehensive benefits package including Medical/Dental/Vision
- Wellness program to support both mental and physical health
- Generous paid time off for both exempt and non-exempt positions
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010 loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier faster and less stressful to purchase or refinance a home. Today as the nations second largest non-bank retail mortgage lender loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of lifes most complex transactions. With headquarters in Southern California and offices nationwide loanDepot is committed to serving the communities in which its team lives and works through a variety of local regional and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $21.15 and $29.09/hr. Your base pay will depend on multiple individualized factors including your job-related knowledge/skills qualifications experience and market location.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race religion color national origin gender sexual orientation age marital status veteran status or disability status.