Loan Processor
Company: Loan Depot
Location: Cerritos
Posted on: January 6, 2021
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Job Description:
Our Operations team is the grease for our wheels. We have a
strong ecosystem at loanDepot, and it all revolves around providing
the tools to ensure success in every role. Our operations teams
which can include Processing, Underwriting, Funding and more, are
all invaluable pieces of the mortgage lending puzzle. We warrant a
positive culture, promote teamwork & are continuously striving to
take care of both our valued borrowers & our extraordinary
employees. Come join us!loanDepot - We are America's
Lender.Position Summary:The Loan Processor III is highly proficient
processing conventional and government loans and has knowledge of
all product types. They will examine, evaluate and authorize or
recommend approval of customer applications for real estate loans
and will be responsible for closing of loans in a timely
basis.Responsibilities:* Review loan files and determine what
documentation is required to meet investor guidelines.* Communicate
and respond to internal customers (Loan Consultants, Processing
Managers) and external customers (borrowers, 3rd party vendors)
generally within 2 hours.* Utilize pipeline reports to effectively
manage loans and prioritize daily workflow* Become proficient with
document management system and demonstrates exceptional data
integrity where all information in system is accurate* Consult with
Loan Processing Manager weekly on loan status and prioritizes
workflow accordingly.* Maintain current knowledge of guidelines and
loan programs.* Request, organize and process loan documentation
and independently submit 18-23 files to Underwriting monthly.*
Manage a pipeline of approximately 25-35 loans.* Fund approximately
20 loans per month.* Assist with mentoring new Loan Processors on
team.* Act as back up to Processing Manager.* Perform other related
duties as assigned and required.Requirements:* Minimum 6 years loan
processing experience, most of that experience with builder loans.*
FHA/VA and Conventional product experience required.* Automated
Underwriting (DU) experience required.* High school diploma or
general education degree (GED) required.The Perks:* Competitive
compensation reliant on ability & experience* Excellent benefits
package including multiple health, dental & vision options* Company
paid life and AD&D Insurance, as well as additional voluntary
benefit possibilities* 401K with robust company match* 15+ PTO days
in addition to 8 paid company holidays* The opportunity to work for
America's Lender under the vision of industry legend, Anthony
HsiehWe are an equal opportunity employer and value diversity in
our company. We do not discriminate on the basis of race, religion,
color, national origin, gender, sexual orientation, age, marital
status, veteran status, or disability status.
Keywords: Loan Depot, Cerritos , Loan Processor, Other , Cerritos, California
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