Job Summary
Accounting Principals Louisville is currently working with a client who is seeking a Mortgage Loan Processor with 2+ years’ experience. This is a full-time direct hire opportunity in Louisville.
This job role performs the daily functions connected with loan processing. Effectively processes loans in accordance with company policies and procedures.
Responsibilities:
Verifies, compiles, and inputs/updates application information for mortgage loans
Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type, and amount of mortgage applied for including but not limited to borrower credit, assets, liabilities, and length of employment
Recommends that loan not meeting standards be denied or restructured
Order verifications (income, assets, credit, liabilities) to verify accuracy of information stated on loan application
Complete and generate various loan application forms/disclosures for borrowers
Order title work, insurance, condo docs for approval, appraisals, and any other property related items required for the loan
Perform necessary follow up on any items required for the loan in a timely manner (i.e.…title, insurance, appraisal, loan conditions from borrower, etc.)
Informs supervisor and/or Loan Originator of discrepancies on any loan documentation provided or ordered
Submits mortgage loan application file for underwriting approval
Types and emails/mails approval and denial letters to applicants
Submits approved mortgage loan file to closing departments and closing settlement agent/attorney for settlement
Uses all required Checklists for Underwriting and Closing Departments
Keeps records/logs/pipeline report on status of branch loans assigned to their queue, including number of new applications and loans approved, canceled, or denied
communicate effectively with borrower and/or Loan Originator regarding any missing or delayed documentation required for Loan Approval or Final Loan Approval
Performs other related duties as assigned
Submits conditions to UW
Qualifications:
Two or more years of loan processing experience
Ability to make sound judgments regarding the resolution of customer service issues
Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative
Ability to handle detailed assignments and maintain confidentiality
Excellent communication and interpersonal skills
Organizational skills necessary to prioritize workload
High School Diploma or equivalent
Equal Opportunity Employer/Veterans/Disabled
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The Company will consider qualified applicants with arrest and conviction records
Please apply with your CV to: