The Sr. Loan Processor is expected to perform a variety of loan documentation duties using comprehensive knowledge of policies and procedures for loan products.
Verifies, compiles, borrower's information for mortgage loans
Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment
Orders all services for the loan (title, appraisal, homeowners, flood certs, 4506T, credit supplements, obtaining all information from FHA Connections & VA Portal)
Calculate income (fixed, salaried and self-employed) and review Assets (large deposits)
Submits mortgage loan file for underwriting approval
Works on obtaining conditions on the file in order to get file cleared
Works closely with Mortgage Loan Originators and their assistants to gather conditions from the borrowers
Responsible for running AUS
Recommends that loan not meeting standards be denied
SKILLS & QUALIFICATIONS:
5+ years Processing Experience
Knowledge of FHA Conventional VA and USDA
Knowledge of compliance including ATR/QM and TRID
Knowledge of Encompass and paperless environment
This job and many more are available through The Judge Group. Find us on the web at www.judge.com
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According to the US Bureau of Labor Statistics (BLS), employment in computer and information technology occupations is projected to grow 11 percent from 2019 to 2029, much faster than the average for all occupations. These occupations are projected to add about 531,200 new jobs. Demand for these workers will stem from greater emphasis on cloud computing, the collection and storage of big data, and information security.
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