The Leaman Team – Now Hiring 
2 Experienced Processors

 
Email your resume to Max Leaman: Max@MaxLeaman.com.
 

Job Description

    Loan Processing Job Austin, Texas

  • Great communication, fun, tight-nit team and an incredible work environment.
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  • Team’s Set-Up Specialist ensures files are complete and ready for our loan processors.
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  • Our team is extremely organized with efficient processes.
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  • Expert lending team – loan officers are experienced, knowledgeable, and friendly.
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  • Join our team today! Email your resume to Max Leaman: Max@MaxLeaman.com.

 
 

DUTIES & RESPONSIBILITIES

  • Maintains knowledge of all policies and modifications to the guidelines and standards of the company, federal housing programs, investors, and private mortgage insurers.
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  • Maintains and updates loan application information within loan origination software and other applications.
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  • As applicable, orders appraisals, title, survey, verifications, and any other items required for loan approval; conducts regular follow-ups with outside sources regarding outstanding documents.
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  • Verifies the data collected, analyzes, and decides whether it meets guidelines or if other documentation is needed; documents communication through the conversation log; ensures loan application is in compliance with underwriting, investor, RESPA, and HMDA guidelines.
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  • Calculates income, reviews assets and liabilities.
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  • Reviews all disclosures for completeness and compliance.
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  • Completes final evaluation and analysis of completed application packages and submits eligible files specifying any applicable conditions.
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  • Monitors rate lock information for data integrity and expiration dates; communicates discrepancies to the Loan Officer.
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  • May maintain accurate pipeline to ensure proper projections, closings, and regulatory compliance with Company, Federal, and State standards.
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  • May prepare, when applicable, ‘Declination Letters.’ Ensures accurate disclosure of the reason(s) for the adverse action as soon as it is determined that applicants do not qualify.
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  • May schedule closing appointments with respective parties (i.e. title companies, closing attorneys, corporate closing department and customers etc.) Meets customer service standards as outlined by management.
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  • May facilitate training of junior or newly hired processors regarding specific Prime operations including file flow, loan origination software, and other applications.
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  • Updates loan officer, loan officer assistant, realtors, builders and customers on loan status.
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  • Maintains communication with customers throughout the loan process, assisting them with any questions and notifying them of any additional requirements.
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  • Maintains a professional image and adheres to standards consistent with company policies and procedures.
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  • Other duties as assigned.

 

Desired Skills & Experience

Processor Job Requirements – Austin, Texas

  • High school diploma or equivalent.
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  • Minimum of 1 year mortgage banking experience as a processor or junior processor, required.
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  • Must have working knowledge of Fannie Mae/Freddie Mac and FHA/VA policies and guidelines, as well as, Regulatory
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  • Mortgage Compliance, state, federal, local government, private investors and insurers.
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  • Must have working knowledge, or the ability to learn all operating systems and possess the ability to facilitate training.
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  • Proficient in Excel, Word, Outlook, with the ability to learn other mortgage-related programs.
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  • Excellent written and verbal communication skills.
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  • Excellent organizational and time management skills.
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  • Demonstrated ability to interact effectively with branch, regional and corporate personnel, as well as realtors, sales agents, builders, appraisers, title companies, etc.
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  • Demonstrated judgment and decision making ability.
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  • Must be available to work all regularly scheduled hours; arriving at scheduled reporting time and at the prescribed time after any breaks or lunch periods.
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  • Must be able to work overtime, as required.

 

Additional Information

Posted: May 30, 2012
 
Type: Full-time
 
Experience: Mid-Senior level
 
Compensation: Salary, Bonus and Overtime as needed

 
Email your resume to Max Leaman: Max@MaxLeaman.com.