Mortgage Loan Funding Clerk, Sr. performs routine administrative tasks in support of the mortgage loan funding group. Prepares and finalizes documents and helps customers with packaging and funding. Being a Mortgage Loan Funding Clerk, Sr. ensures accuracy in loan closing process. Facilitates training and support of lower level funding clerks. Additionally, Mortgage Loan Funding Clerk, Sr. requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Mortgage Loan Funding Clerk, Sr. works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Mortgage Loan Funding Clerk, Sr. typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
Job Overview:
We are seeking a detail-oriented Mortgage Processor to join our team. The Mortgage Processor will be responsible for reviewing and verifying mortgage loan applications to ensure accuracy and completeness.
Responsibilities:
- Review mortgage loan applications for completeness and accuracy
- Verify supporting documentation such as income, credit, and property valuations
- Communicate with loan officers, underwriters, and borrowers to obtain any missing information
- Ensure compliance with all relevant regulations including Fair Housing regulations, TILA, and other industry standards
- Coordinate with title companies, appraisers, and other third parties as needed
- Assist in resolving any issues that may arise during the loan approval process
- Maintain accurate records of all transactions
Qualifications:
- Prior experience in mortgage processing or related field preferred
- Knowledge of mortgage servicing, credit analysis, loan origination, and escrow processes
- Familiarity with basic math principles and financial calculations
- Understanding of loan contracts and documentation requirements
- Strong attention to detail and organizational skills
- Excellent communication and interpersonal abilities
- Ability to work efficiently in a fast-paced environment
If you are a motivated individual with a passion for the mortgage industry and meet the qualifications outlined above, we encourage you to apply for this exciting opportunity.
Required: Bilingual in English/Spanish
Bonus Pay: Loan processor is eligible for monthly bonus per files closed.
90-day review: Performance review meeting will be held after a new employee's roughly first three months on the job.
Job Type: Full-time
Pay: From $25.00 per hour
Expected hours: 40 per week
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Schedule:
Experience:
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Work Location: Hybrid remote in Renton, WA 98057
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