Loan Processor
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Job Location:
Orlando, FL - USA
Yearly Salary:
$ 50000 - 52000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Department:
Job Summary
Job Details
Join Our Team! American Financial Network Inc. (AFN) has the immediate opening for a bilingualMortgage Loan Processor (fluent in English and Spanish required).
Job Summary:
As a Mortgage Loan Processor you are responsible for effectively managing a designated pipeline of loans from application to completion providing real time updates and acting as the liaison amongst clients internal departments and third party vendors to complete each transaction. The Loan Processor is responsible for collecting required documentation and verifying the accuracy of information necessary to complete each loan while adhering to department turn times and communication standards.
Responsibilities and Duties
- Obtain and analyze information necessary to process mortgage applications including credit reports income documentation assets title work appraisals and any other pertinent information
- Daily pipeline management with an emphasis on meeting rate lock expirations mortgage commitment dates and department turn times
- Effectively communicate loan status to all relevant parties including borrowers and sales personnel involved in the transaction
- Ensure compliance with disclosure requirements and meet all compliance standards
- Accurately prepare files for closing verifying closing dates first payment dates proper set up of escrow accounts and coordinating with settlement agents for closing
- Effectively communicate with underwriting docs funding post-closing and other internal departments to ensure loans are completed accurately and are sufficient for purchasing
- Consistently update and maintain loan status within Encompass processing out denied or cancelled loans in a timely manner to ensure accuracy in loan pipeline status
Qualifications and Skills
- 3 years current experience in processing residential home loans (emphasis on conventional FHA and VA products preferred)
- Applicants must be bilingual and able to speak Spanish fluently.
- Superior customer service skills with the ability to communicate real time updates in a professional manner by way of verbal or written updates.
- Working knowledge of industry regulatory requirements and available loan products
- Working knowledge or familiarity with underwriting requirements (agency FHA and VA preferred)
- Experience with Microsoft Office and various computer systems
- Solid working knowledge of Encompass360 Bankers Edition
- Strong organizational interpersonal and time management skills
- Ability to multi-task while maintaining attention to detail and accuracy
- Responsiveness and willingness to learning new products and programs and keeping up with industry changes
- Applicant must be able to work independently and be highly motivated.
This role is fully remote and offers a starting salary between $50000 and $52000 per year plus bonus depending on your experience.
What We Provide:
- Benefits: Medical Dental Vision Life
- 401k
- Vacation/Sick Days
- Paid Holidays
Who We Are:
American Financial Network Inc. (AFN) is a unique force in the mortgage market. We are one of the nations largest privately held mortgage companies with the resources necessary to compete on a national level with the largest publicly held banks. AFN maintains speed to decision responsive communication and flexibility through its private ownership and flat organizational structure. We are a team of dynamic visionary and opportunistic professionals that thrive on the utilization of teamwork and technology to outperform our competition. We are driven by a vision of being a market leader through creating the ultimate in customer service and being consistently better by always seeking new ways to improve.
Were Proud of our Accomplishments!
- Top 100 Mortgage Companies in America by Mortgage Executive Magazine
- 50 Best Companies to Work For by Mortgage Executive Magazine
- Top Mortgage Employer by National Mortgage Professional Magazine
- Top 10 Mortgage Company in Customer Satisfaction by Social Survey
- Americas Fastest Growing Companies by Inc 5000
- Most Powerful Women in Mortgage and Women of Influence awarded to our EVP of Operations by National Mortgage Professional Magazine & Housing Wire Magazine
American Financial Network Inc. (AFN) NMLS #237341 is an equal opportunity employer.
Key Skills
- Loan Processing
- Typing
- Data Entry
- Customer Service
- Organizational skills
- Basic Math
- Computer Skills
- Fraud
- Microsoft Outlook
- 10 Key Calculator
- Fair Housing Regulations
- Food Processing
