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Sr. Loan Processor

OperationsOperationsOtherRemoteTeam 51-200

Location

United States

Posted

82 days ago

Salary

0

No structured requirement data.

Job Description

Sr. Loan Processor

Premier Mortgage Resources

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description We are seeking an experienced and detail-oriented Sr. Loan Processor to join our team at an independent mortgage company. This individual will be responsible for managing a pipeline of loans from submission to closing, ensuring compliance with all regulatory and investor guidelines. - Process a full pipeline of retail mortgage loans, including conventional, FHA, VA, USDA, jumbo, bonds loans, and non-QM products - Review and verify all loan documentation for accuracy, completeness, and compliance with company, investor, and regulatory requirements - Communicate clearly and professionally with loan officers, underwriters, title companies, and borrowers throughout the loan process - Order and track third-party services such as appraisals, title work, VOEs, VODs, insurance, and payoffs - Maintain accurate and timely updates in the LOS (Loan Origination System) to reflect current loan status - Ensure all documentation is received and validated prior to submission to underwriting – and resubmitting conditions often - Proactively identify and resolve issues that could delay processing or closing timelines - Hold weekly pipeline reviews with loan teams to ensure all parties are on the same page regarding file status - Coordinate with title / attorney offices and internal closing department on balancing files for accurate funds to close for LEs/CDs - Stay up to date on industry guidelines, investor overlays, and compliance regulations Qualifications - Minimum 5 years of experience in mortgage loan processing, specifically in retail lending - Deep knowledge of Conventional, FHA, VA, USDA, Jumbo, and Non-QM guidelines and documentation requirements - Familiarity with LOS platforms such as Encompass, Byte, or similar systems, as well as Microsoft programs such as Outlook (email) and OneDrive - Excellent communication, problem-solving, and organizational skills - Ability to manage a full pipeline independently with minimal supervision - Strong attention to detail and ability to work in a deadline-driven environment - Working knowledge of TRID, RESPA, and other mortgage compliance requirements Preferred Skills - Experience working for an independent mortgage broker or lender - Bilingual a plus (but not required) - Prior experience in a senior or team-lead processing role

Job Requirements

  • Minimum 5 years of experience in mortgage loan processing, specifically in retail lending
  • Deep knowledge of Conventional, FHA, VA, USDA, Jumbo, and Non-QM guidelines and documentation requirements
  • Familiarity with LOS platforms such as Encompass, Byte, or similar systems, as well as Microsoft programs such as Outlook (email) and OneDrive
  • Excellent communication, problem-solving, and organizational skills
  • Ability to manage a full pipeline independently with minimal supervision
  • Strong attention to detail and ability to work in a deadline-driven environment
  • Working knowledge of TRID, RESPA, and other mortgage compliance requirements
  • Preferred Skills
  • Experience working for an independent mortgage broker or lender
  • Bilingual a plus (but not required)
  • Prior experience in a senior or team-lead processing role

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