Mortgage Loan Assistant
22 days ago
Sacramento
Job DescriptionAre you an experienced, detail-oriented mortgage loan processor who can successfully aid applicants in navigating the mortgage lending process? If so, we are looking for you! We are currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you’re interested in a dynamic position on a well-established and successful lending team, look no further; apply now!Compensation: $40,000 - $100,000 yearly Responsibilities: • Prepare and submit detailed loan packages to the lender underwriting department for approval or denial, • Adhere to all lending and regulatory guidelines and policies while preparing the loan file, • Maintain detailed documentation of the process in our system - from origination to close, • Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files, • 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 the 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 the 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 partnersQualifications:, • Must possess excellent written and verbal communication skills, • High school diploma or GED required - Associate’s degree in accounting, finance, or business preferred, • Must possess exceptional attention to detail, as well as strong analytical and time management skills, • Mortgage lending experience and loan knowledge required, specifically with FHA, FHLB, FNMA, or VA loans, • Minimum of 2+ years loan processing experience required, • Must have current working knowledge of mortgage loan products (FHA / VA / CONV / USDA) and knowledge of mortgage procedures, processes, and documentation, • Spanish Speaking Preferred, • 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 skills, • Minimum 3 years of 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, • Works well in a team environmentAbout Company 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. 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 #ChampionsofLoans Team in Sacramento has been consistently recognized as a top workplace and why our customers rave about our service.