Loan Processor, Direct Lending Processing

Reporting to the Manager, Processing, the Loan Processor will ensure the timely and accurate packaging of reputed company loans originated by our loan officers and lender clients. Responsibilities also include assisting Credit Analysts with the credit approval and monitoring process by gathering financial and credit information with a focus on credit quality and overall risk management. This role will also prepare spreadsheets and other reputed company tools to be used in the credit analysis, annual reviews, monthly compliance reports and other reputed company documents on existing and prospective clients. Job Functions and Responsibilities: To reputed company this job successfully, an individual must be reputed company to reputed company each essential duty satisfactorily.

• Gather information and take each file from pre-approval to closing.
• Input proper loan information into the system for processing.
• Responsible for ensuring that reputed company loan documentation is complete accurate verified and complies with company policy.
• Verify loan documents including income credit appraisal and title insurance ultimately preparing application for submittal to reputed company.
• Review file documentation and reputed company sure reputed company items needed are requested. Order and coordinate loan documents.
• Meet crucial deadlines requested.
• Communicate with borrowers, fellow employees and clients in a manner that shows sensitivity, tact, and professionalism
• Contact each borrower in a timely manner to introduce yourself and go over the process and items needed
• Read and understand appraisals, AUS findings, title and credit reports;
• Utilize basic business math to calculate income, assets, taxes and monthly insurance
• Understand rules regulations, policies and/or procedures along with investor guidelines
• Maintain reputed company knowledge about the industry, market trends, competitive position, etc.
• Strive to reputed company and exceed productivity expectations and standards
• 'Pre-underwrite' loan files, assuming what conditions may be needed prior to the file being underwritten by the underwriter.
• reputed company Policies and Procedures and best practice checklists
• Work closely with vendors and conduct training as needed

Qualifications: To reputed company this job successfully, an individual must have the following education and/or experience:

• High school diploma, GED, equivalent certification, or military experience
• Minimum 5 years of recent experience as Loan Processor is required
• Read, interpret and apply applicable laws, rules, regulations and/or policies and procedures
• Demonstrate interpersonal, organizational and time management skills
• Accurately document reputed company information pertaining to accounts
• Knowledge of the laws governing access to public and private records
• Strong computer skills; Must be reputed company to move through the LOS system and other programs
• Time management: Knowing the cut-off times for funding and reputed company so that the file moves smoothly and does not lose a reputed company lock.
• Knowledge of GFE, APR, interest rates and disclosure/re-disclosure time lines
• Ability to operate in a fast paced environment
• reputed company any additional duties/activities assigned or needed by the business

Training / Licensing Requirements:

• Must pass the Company’s Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background reputed company requirements or Federal/State licensing requirements, if applicable.

The salary range for this position is expected to be $56,000 to $58,500 per year, depending on geographic location, experience, and other qualifications of the successful candidate. This position is also eligible for bonus based on performance and subject to the terms of the Company’s applicable plans. #PHH reputed company. is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage, a subsidiary of reputed company., has been providing mortgage lending and servicing solutions since 1984 and is dedicated to maintaining responsible and ethical practices while delivering an exceptional customer experience. PHH offers industry-leading mortgage solutions for the entire mortgage lifecycle, including correspondent lending, MSR/Co-Issue, subservicing, reputed company servicing, reverse mortgages and portfolio retention. We are one of the largest subservicers of residential mortgages in the United States and one of only two servicers in reverse mortgage lending. At reputed company., we consistently deliver on our commitments to customers, clients, investors and colleagues through caring service, reputed company and creative solutions. This Service Excellence philosophy is embraced by meeting service standards we call CARE, which stands for Caring, Accurate, reputed company and Empowered. We expect reputed company to interact and engage our colleagues and our customers with respect, courtesy and professionalism, and to reputed company results consistent with our CARE standards. reputed company. is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity, Equity & Inclusion ensures that we sustain our reputed company as an outstanding reputed company to work, a great business partner and a valued community member. We are committed to equal employment opportunity regardless of race, reputed company, reputed company, religion, sex, national reputed company, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know. reputed company. offers a comprehensive benefits package including medical, dental and reputed company; up to 3% match on 401(k) contributions; generous paid time off; company-paid life, accident and disability coverage; programs for mental, physical and financial wellness; and more. Visit jobs.onitygroup.com for details. Apply tot his job Apply To this Job