What are the responsibilities and job description for the Mortgage Loan Processor position at Allen Tate Company?
ALLEN TATE MORTGAGE
MORTGAGE PROCESSOR
The successful applicant will be responsible for accurately managing residential real estate loan documentation through our established systems, and reviewing it to ensure it is completed in full and complies with current regulations and policies. We encourage all who are qualified and want to work with a dynamic and highly productive team to apply.
ESSENTIAL JOB DUTIES:
- Review initial loan approval and work with borrower to gather appropriate documentation
- Collect all required documentation for the loan package
- Create a loan submission package for the Underwriting department
- Submit files to assigned Underwriter
- Satisfy all conditions when received from Underwriter
- Ensure that approval falls within the established lending guidelines
- Communicate with other professionals, including attorneys, county clerks and title companies
QUALIFICATIONS:
- Bachelor's Degree in Finance or related field
- 2 years' loan processing experience
- Basic knowledge of underwriting terminology
- Strong attention to detail and accuracy
- Experience with Encompass preferred
- Effective written and verbal communication skills
- In-depth knowledge of the real estate industry and current trends
- FHA and VA experience preferred
- Ability to calculate income
- Familiar with FHA Connection and VAHUB
- Heavy pipeline management
- Review and understanding of AUS findings, credit, title and home owners insurance
- Excellent customer service skills
Job Type: Full-time
Pay: $55,000.00 - $65,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- Monday to Friday
Supplemental Pay:
- Bonus pay
Experience:
- Mortgage Processing: 2 years (Preferred)
- FHA & VA: 1 year (Preferred)
Work Location: One location