Job Title : Analyst / Senior Analyst
Job Summary : The Senior Loan Processor is responsible for managing the loan processing workflow, ensuring compliance with regulatory requirements, and providing exceptional service to clients and loan officers. This role involves reviewing loan applications, verifying documentation, and coordinating with various stakeholders to facilitate timely loan closings.
Key Responsibilities
- Review and analyze loan applications and supporting documentation for completeness and accuracy
- Verify borrower information and creditworthiness through various sources
- Communicate with loan officers, underwriters, and clients to gather necessary information and resolve issues
- Ensure compliance with federal, state, and local regulations throughout the loan process
- Prepare and submit loan files to underwriting for approval
- Monitor loan status and provide updates to clients and stakeholders
- Assist in training and mentoring junior loan processors
- Maintain accurate records and documentation in accordance with company policies
Qualifications
Bachelor's degree in finance, business, or a related field preferredMinimum of 5 years of experience in mortgage processing or a related roleThorough understanding of mortgage products, processes, and regulationsExperience with loan processing software (e.g., Encompass, Calyx) is preferredStrong organizational skills and ability to work independentlyNMLS license preferred but not requiredSkills
In-depth knowledge of mortgage processing and underwriting guidelinesStrong analytical and problem-solving skillsExcellent communication and interpersonal skillsProficiency in loan processing software and Microsoft Office SuiteAbility to manage multiple tasks and meet deadlinesAttention to detail and accuracyStrong customer service orientationSkills Required
encompass, Microsoft Office Suite