Mortgage Loan Processor
Essential Functions:
- Review initial loan approval
- Work with the borrower to gather financial information such as credit reports, verify the accuracy to determine creditworthiness and completes mortgage loan application
- Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process the mortgage loan files
- Correct mistakes and investigate inconsistencies with loan documentation
- Act as a liaison between borrower, loan officer and underwriter
- Ensure loan files meets lending and regulatory guidelines and policies
- Prepare and submit detailed loan packages to the underwriter for approval
- Maintain detailed documentation of the process from origination to closing
- Conduct a final review of the loan file before closing
Minimum Required:
- High School Diploma or GED equivalent required
- Associate’s degree in accounting, finance or business is preferred
- Minimum of 2+ years loan processing experience required
- Experience in mortgage lending and knowledge of loan types, such as Conventional, FHA, VA, VHDA
- Awareness of FNMA/FHLMC, FHA, VA and VHDA underwriting guidelines
- Proficient in mortgage loan computer software
- Outstanding oral and written communication and customer service skills
- Strong analytical and time management skills and superior attention to detail
- Well organized and able to handle pressure
- Demonstrate good credit worthiness
- Maintain confidentiality
Dragas Mortgage Company is an Equal Opportunities, Protected Veterans, and Individuals with Disabilities employer.