Renovation Loan Processor

Profile

Summary
The Loan Processor is responsible for processing the full document process by managing the customer relationship from application to closing while ensuring the all necessary steps are in accordance with internal policies and procedures to bring the transaction to a ready to close status. This position will obtain essential documentation, submit to underwriting within determined timeframes and work with customer to satisfy all conditions of approval within sale ability guidelines.
Essential Job Functions:
Cultivate and maintain a close relationship with all parties involved in the mortgage transaction.
Gather information and take each file from underwriting decision to closing.
Obtain borrower documentation once underwriting decision has been obtain
Responsible for keeping borrower informed from the time loan is decision through closing.
Set and maintain proper expectation to all parties on the file (including internal customers, e.g., loan officers, sales managers).
Input proper loan information into the system for processing.
Responsible for ensuring that all loan documentation is complete accurate verified and complies with company policy.
Verify loan documents including income, assets, credit, appraisal and title insurance; in addition to, verifying application for final submission to underwriting.
Review file documentation and make sure all items needed are requested. Order and coordinate loan documents. Communicate with borrowers, fellow employees and clients in a manner that shows sensitivity, tact, and professionalism
Responsible for using independent judgment/decision-making to look at ways to improve the origination process through information received from our customers.
Responsible for managing anticipated closing date.
Responsible for managing rate lock expiration date.
Maintain communication with customers and loan officers throughout the processing period, ensuring that customer and Loan officer questions or concerns were resolved, that required documentation was received, and that underwriting decisions were communicated clearly.
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Education and/or Experience:
High School diploma or equivalent required. Associate's degree (A. A.) or equivalent from two-year College or Technical school preferred; a minimum of five (5) years’ experience processing full document purchase loans.
Must have experience processing purchase and refinance transactions, strong 203k, Fannie homestyle, Conventional, FHA, VA, and government loan mortgage processing experience; knowledge of how to read DU findings.
Proficiency with Encompass a plus.
Strong organizational skills that reflect the ability to perform and prioritize multiple tasks seamlessly with keen attention to detail.
Professional verbal and written communication skills.
Advanced MS Office proficiency.
Ability to build and maintain effective relationships in a fast paced team environment. Aptitude for decision making, ability to work independently and provide exceptional customer service.
RoundPoint’s Employee Value Proposition:
Grow. Make a difference. Have fun along the way.
Our mission is to serve our homeowners and all of their homeownership needs. We do this by embracing challenges, executing with excellence, and fostering a positive work culture that encourages personal and professional growth. We are on the fast track to becoming the premier marketplace for all things home, and the National Mortgage News and Best Companies Group just named us one of 2019's Best Mortgage Companies to Work For! Without a doubt, RoundPointers are what make this company a great place to work! That’s why we hire individuals who share our core values: Energy, Ethics, Execution, Everyone, and Earn it!
As a RoundPointer, we will empower you to innovate, provide meaningful solutions, set goals and crush them, play hard, and give back to the community! Our secret sauce is our mantra, All In. All Win. Together, we can achieve great things!
Physical Demands & Working Conditions
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:
The employee is regularly required to talk or hear.
The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.

Company info

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