What are the responsibilities and job description for the Mortgage loan processor position at PRMG Mortgage?
We are looking for a skilled and detail-oriented Mortgage Loan Processor to join our vibrant lending team. The ideal candidate will bring extensive experience in mortgage processing, a proactive mindset, and a strong history of delivering solutions in the mortgage industry.
If you're seeking a rewarding role that aligns with your financial aspirations, we encourage you to apply today!
Compensation :
$40,000 - $100,000 yearly
Responsibilities :
- Assure that loan files meet banking and regulatory guidelines and policies
- Prepare and submit detailed loan packages to the lender underwriting department for approval or denial
- Document the loan process from origination to approval through our system
- Assist borrowers in determining the best mortgage type based on interview and situation
- Order the following documentation as necessary : Verification of Employment, Evidence of Insurance, Payoffs, Tax Transcripts, Credit Supplements, condo questionnaires, subordination requests, and Title Work as needed for each file
- Manages a pipeline of loans and maintains a timely and compliant flow of such loans through the process
- Communicate with Underwriters to clarify conditions - Help administer all documents that are needed to satisfy underwriting requirements
- Follow up on documents ordered in a timely manner
- Maintain loan origination system and database with the proper loan information
- Perform other related duties as assigned and required
- Monitors and ensures closing dates and company deadlines are met
- Handles all borrower communication from the point of contract to closing of the loan
- Handles all Loan Officer, Loan Partner, and Underwriter communication with updates
- Be a sponge for information / knowledge, always striving to be the best possible in your position
- Be a leader, helping us improve our processes and procedures to always deliver a world-class experience to clients and referral partners
Qualifications :
- Mortgage lending experience and loan knowledge required, specifically with FHA, FHLB, FNMA, or VA loans
- Must possess exceptional attention to detail, as well as strong analytical and time management skills
- Must have excellent written and verbal communication skills
- Accounting, finance, or business Associate’s degree preferred - High school diploma or GED required
- Must have current working knowledge of mortgage loan products (FHA / VA / CONV / USDA) and knowledge of mortgage procedures, processes, and documentation
- Know how to analyze credit reports, income, and asset documents, as well as general ways to structure a loan
- Exceptional attention to detail must be organized and have excellent time management
- Minimum 3 years mortgage processing experience for the right candidate, 5 yrs Preferred
- Current or previous experience fulfilling the roles of Processor, LOA, Loan Partner, Loan Officer, and / or Underwriter
- Strong ability to prioritize and multitask without being micromanaged to meet multiple deadlines and a keen sense of urgency
- Excellent customer service, interpersonal and communication skills
- Work well in a team environment
About Company
Ready to Become a Champion?
If you're passionate about mortgage lending and eager to join a dynamic team in Sacramento, we want to hear from you! Apply now and discover why the #ChampionofLoans Team in Sacramento has been consistently recognized as a top workplace and why our customers rave about our service.
PRMG Mortgage Sacramento : Where Champions Are Made!
Join us in our mission to provide affordable home financing with a level of professionalism and service unsurpassed in the lending industry.
Be part of a team that's making homeownership dreams come true in Sacramento, one loan at a time.
Last updated : 2024-08-22
Salary : $40,000 - $100,000