Jr. Processor
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Department:
Job Summary
Overview
Paramount Residential Mortgage Group Inc. (PRMG) is one of the largest independently owned Mortgage Banks in the nation. We are looking for highly qualified Jr. Processors to join our Retail team to help support our increased volume. Newly hired Jr. Processors will have the privilege of working with a talented team along with being mentored for growth.
PRMG offers a comprehensive benefits package for our full-time employees and their dependents which includes medical dental vision life insurance short-term disability long-term disability a Health Savings Account (HSA) a Flexible Spending Account (FSA) and various other products based on benefits eligibility elections and employee premiums. Upon hire you will be eligible to enroll in all our company-sponsored benefit programs (Medical Dental Life and Voluntary) on the first of the following month. After completing 60 days you will be eligible to enroll in our 401(k) program on the first of the following month. Additionally eligible employees may apply for job openings through PRMGs Internal and External Job Portal to request a transfer to a different department or position.
Job Summary:
Performs the daily functions connected with loan processing. Effectively processes loans in accordance with company policies and procedures. The duties for Processor include but are not limited to those described below.
Responsibilities
- Verifies compiles and inputs/updates application information for mortgage loans.
- Reviews residential loan application file to verify that application data is complete and meets establishment standards including type and amount of mortgage applied for including but not limited to borrower credit assets liabilities and length of employment
- Is able to run AUS after application data is confirmed to be accurate and meets guidelines
- Is able to order verifications (income assets credit liabilities) to verify accuracy of information stated on loan application
- Is able to complete and generate various loan application forms/disclosures for borrowers
- Is able to order title work insurance condo docs for approval appraisals and any other property related items required for the loan
- Is able to perform necessary follow up on any items required for the loan in a timely manner ( insurance appraisal loan conditions from borrower etc.)
- Informs supervisor and/or Loan Originator of discrepancies on any loan documentation provided or ordered
- Uses all required Checklists for Underwriting and Closing Departments
- Performs other related duties as assigned by Processor Lead Processor or Branch Manager
Qualifications
Experience:
- Junior Processor to be assigned to an experienced Processor by Branch Mgr to mentor the Jr LP
Skills:
- Ability to make sound judgments regarding the resolution of customer service issues
- Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative
- Ability to handle detailed assignments and maintain confidentiality
- Excellent communication and interpersonal skills
- Organizational skills necessary to prioritize workload
Education:
- High School Diploma or equivalent
Travel:
- None
Min
Max
Required Experience:
Junior IC
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
About Company
Whether you're a potential home buyer, looking to become a correspondent or broker partner, or want to join our retail team, PRMG is the right choice for you!
