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Loan Processor

Company: Mortgage Equity Partners LLC
Location: Methuen
Posted on: April 9, 2021

Job Description:

The Processing position will require the following:Must be organized and assist staff in prioritizing workload to meet Operations Department GoalsUse time efficiently and meet department deadlines with high level of detail and accuracyHave an ownership interest in ensuring all loans are dispositioned correctly and in compliance with regulationsCommunicate clearly and professionally with loan officers, Sales Managers and other team membersBe able to analyze all loan types; Conventional, FHA, VA, USDA for required documents at loan submissionUse Condominium Project Manager for condominium acceptanceReview compliance reports as needed and clear any alerts or warning prior to clearing a loan for closingActively participate in ongoing efforts to continually improve customer service for internal and external customersReview 1003 in Encompass, complete MEP-Loan Summary form and request disclosures Email borrower(s) directions for e-disclosures and needs list, including PAF, inquiry letter and any other Letters of ExplanationFollow up on disclosures, SSA and PAF from the borrower(s) and Email the SSA, PAF and sales contract to Compliance Manager Clear any outstanding items on loans that are suspendedEmail agents and title for company info and licenses for CDRequest HOI quote/ order HOI Binder and InvoiceOrder VOE, survey, condo questionnaire and Builder DocsFollow up with clients on Welcome Letter itemsSend rush requests and waiver form to Sales Manager for approvalComplete MCC forms, online registration and homebuyer class instructions to borrowersMake sure all loan related docs are submitted into encompass by the appropriate personWeekly Pipeline Meeting with Processor and Loan Officers. Communicate clearly and professionally with all with customers, real estate brokers, loan officers and all parties involved in the transaction to ensure proper and timely processing and submission of mortgage applicationsOther duties and responsibilities as assigned Minimum job requirements:Five to seven years Mortgage Operations experienceEncompass Banker knowledgeMust have demonstrated PC proficiency, including knowledge of Microsoft Excel, Word and OutlookExcellent verbal and written communication skillsAbility to multitask in a busy office environmentFluent in Spanish is a plus but not a requirement

Keywords: Mortgage Equity Partners LLC, Methuen , Loan Processor, Other , Methuen, Massachusetts

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