Processor
Location: Livonia, MI
The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation for underwriting the loan file, obtaining third party documentation, communicating directly with the customer and/or loan officer in a professional and effective manner. This position will be in our Livonia, Michigan office.
Essential Responsibilities
- Verify the application is complete and accuracy of system input. Verifies documentation submitted and identifies any potential issues that may arise in underwriting.
- Performs a thorough review and analysis of borrower’s credit, employment, income and assets as required by loan program. Responsible to hand over a completely documented file to the underwriter for approval or denial.
- Directly communicates with customer, Loan Officer, underwriter and third party companies to obtain any documentation required for loan qualification.
- Review loan approvals and address all conditions required for underwriting and closing.
- Manage pipeline by reports within allotted turn-around times.
- Helps with pre closing and/or funding conditions
Job Requirements
- High School Diploma or Equivalent required.
- Minimum of 2 years residential mortgage processing experience.
- Knowledge of RESPA guidelines, general knowledge of all mortgage and consumer lending regulations.
- Excellent communication skills.
- Ability to prioritize and meet deadlines.
Available to work overtime if needed
Apply Online