Mortgage Loan Processor
Are you a mortgage processor? Are your files taking longer than 24-48 hours in UW? Are you tired of ordering your own verifs? Wish you had a platform and system to grow your production to 15-20+ units per month? Wish you were paid per file bonuses starting at the FIRST file? Want to do more with FHA, VA, and USDA? Want to be a part of family-style team that is all about excellence and expertise? If you said yes to these, WE WANT TO MEET YOU!
Garland, TX - The primary responsibilities of the Loan Processor will be auditing loan applications using the Loan Officer Checklist for completeness, and collect missing information as required. The Loan Processor will maintain a pipeline of loan files between 20-30 units per month, while funding no less than 15 units each month. Duties include obtaining and reviewing all documentation to verify that the loan transaction meets all FHA, VA, Conventional, and USDA guidelines (i.e. flood certification, appraisal, title, title fees, hazard insurance, payoff statement, etc.), submitting complete loan files to underwriting for loan approval, reviewing and obtaining documentation to clear all underwriting conditions, and submitting all documentation to the closing department for acceptable Final Docs and Loan figures.
The Loan Processor will become proficient in paperless file work flow while updating validated information in the loan processing software and have full knowledge of compliance and automated engines and loan guidelines plus constantly update LOS system in Document Tracking screen.
Skills & Experience
Education and/or Work Experience Requirements:
- Bachelor’s degree is preferred
- Minimum of 3 years’ experience in mortgage processing of FHA/VA/FNMA/FHLMC
- Extensive knowledge of investor programs, guidelines, loan processing and automation systems
- Must be proficient at scanning, attaching documents, web-related research, various computer software and strong computer knowledge overall
- Mathematical proficiency
- Strong written and oral communication skills
- Ability to multitask and manage one’s time
- Works well in fast paced environment
- Customer service orientation and creative thinking to find appropriate/alternative programs for unique situations
- Demonstrated ability to gather data from multiple sources, test assumptions, evaluate alternatives and recommend action
- Bilingual in English & Spanish a big plus
About Service First Mortgage
At Service First, our unique values serve as a compass for our actions and are the foundation of our culture.
We empower consumers with responsible home loans that effect positive change in their financial freedom.
We believe that financially secure individuals make for a safer, sustainable community.
We promote innovation and are purposefully dynamic in our growth processes. We change, not just for the good of ourselves, but for the good of everyone involved.
We hire people with the ability to think creatively, who use inspiration and imagination to solve problems by looking at them from unexpected perspectives; discarding the obvious, leaving behind the traditional modes of thought, and throwing away preconceptions.
We hire people with the ability to question assumptions and offer solutions that seem impossible; take calculated risks; take what might be seen as a problem and turn it into an opportunity; are able to bring paradigm shifts in product, processes or systems because of their thoughts and new ways of thinking; give feasible ideas and not just tangent thoughts.
Service First Mortgage provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Service First Mortgage complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.