Mortgage Loan Processor performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Being a Mortgage Loan Processor verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Mortgage Loan Processor ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Mortgage Loan Processor works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)
Primary Job Functions:
At Rave Mortgage you will be the driving force in growing your business by acquiring and retaining new and existing clients. You will use your knowledge of the industry, communication skills and sales insight to build relationships with borrowers, clients and Realtors to educate and assist in acquiring home financing.
Position Requires:
· 3 (Preferred) years of demonstrated success as a Mortgage Loan Originator (MLO)
· Active MLO license through the NMLS or the ability to obtain
· Active MLO in IOWA and or ILLINOIS (Highly Preferred)
· Driven, motivated, self-starter with history of sales success
· Success in managing the entire mortgage process, from application to closing
· Excellent communication and persuasion skills
· Must be a sales professional – not an “order taker”
Job Responsibilities:
· Build and maintain relationships with Realtors, builders and other referral sources
· Team player available to coworkers, referral sources and borrowers during standard working hours as well as weekends as needed
· Provide ongoing education, support and marketing to business partners
· Deal honestly and ethically with borrowers, partners and employees
· Work directly with borrowers in qualifying, pulling credit, running AUS, pricing loans, collecting documents and managing expectations
Job Type: Full-time
Pay: $40,000.00 - $225,000.00 per year
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Job Type: Full-time
Pay: $40,000.00 - $150,000.00 per year
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Work Location: In person
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