What are the responsibilities and job description for the Mortgage Loan Processor position at Liberty 1 Lending, inc?
Job Overview
We are seeking a detail-oriented Mortgage Processor to join our team. The Mortgage Processor will be responsible for reviewing and verifying mortgage loan applications to ensure all necessary information is accurate and complete.
Duties
- Review mortgage loan applications for accuracy and completeness
- Verify applicant information including employment, income, credit history, and assets
- Ensure compliance with Fair Housing regulations and TILA guidelines
- Collaborate with underwriters, loan officers, and borrowers to facilitate the loan approval process
- Coordinate with escrow companies, title companies, and insurance agencies
- Perform credit analysis and financial assessments
- Process loan documents and maintain accurate records
- Communicate with clients to provide updates on the loan application status
Requirements
- Knowledge of underwriting, loan origination, and loan processing procedures
- Familiarity with credit analysis and escrow processes
- Strong mathematical skills for financial calculations
- Understanding of TILA guidelines and mortgage servicing practices
- Experience in the financial services industry is preferred
- Excellent attention to detail and organizational skills
Job Type: Full-time
Pay: $5,000.00 - $20,000.00 per month
Benefits:
- Health insurance
Physical Setting:
- Office
Schedule:
- 8 hour shift
Experience:
- Fair Housing regulations: 1 year (Preferred)
- Mortgage processing: 1 year (Required)
Ability to Relocate:
- Livonia, MI 48150: Relocate before starting work (Required)
Work Location: In person
Salary : $5,000 - $20,000