A Financial Services company based in Miami, FL area, is looking to hire Junior Mortgage Loan Processors for their Lending Division. This is an entry-level role. Training will be provided. This is a great opportunity to learn the business in a fast-paced, friendly, and casual work environment
Job Description / Main Responsibilities:
Reviewed file to familiarize with the structuring of the loan
Sending out Loan Application Agreements
Help complete Loan Application files
Ensure Loan Applications are filled properly, and proper documentation has been provided by customers
Gather copy of tax returns from borrowers
Manage applicants' pipeline and follow up each client's status throughout the entire application process.
Communicated with borrower to obtain any additional documents needed to submit file to the underwriter for review
interface with property owners, district reps and underwriters to ensure timely approval
Validated all income and asset documents uploaded were current and matched: pay-stubs, bank statements (large deposits and other associated accounts) retirement statements, social security award letter, tax returns, profit & loss statement, VA documents and FHA documents
Assist with other departments to keep updated the policy and procedure documents
Send approval and commitment letters to customers, listing all conditions, which need to be met prior to funding
Participated in weekly pipeline meetings with loan officer to provide loan status
Perform special projects and research as assigned.