Mortgage Loan Processing Supervisor supervises a team of loan processors to ensure that new mortgage loan packages are processed and completed according to established policies and procedures. Ensures operations are efficient and effective. Being a Mortgage Loan Processing Supervisor evaluates files for accuracy, completion, and compliance with governmental regulations. Trains and supports a team of processors on current and new procedures. Additionally, Mortgage Loan Processing Supervisor may prepare loans for underwriting. Requires a high school diploma or its equivalent. Typically reports to a manager or head of a unit/department. The Mortgage Loan Processing Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. To be a Mortgage Loan Processing Supervisor typically requires 3 years experience in the related area as an individual contributor. (Copyright 2024 Salary.com)
Job Overview:
We are seeking a detail-oriented Mortgage Processor to join our team. The Mortgage Processor will be responsible for reviewing and verifying mortgage loan applications to ensure accuracy and completeness.
Responsibilities:
- Review mortgage loan applications for completeness and accuracy
- Verify supporting documentation such as income, credit, and property valuations
- Communicate with loan officers, underwriters, and borrowers to obtain any missing information
- Ensure compliance with all relevant regulations including Fair Housing regulations, TILA, and other industry standards
- Coordinate with title companies, appraisers, and other third parties as needed
- Assist in resolving any issues that may arise during the loan approval process
- Maintain accurate records of all transactions
Qualifications:
- Prior experience in mortgage processing or related field preferred
- Knowledge of mortgage servicing, credit analysis, loan origination, and escrow processes
- Familiarity with basic math principles and financial calculations
- Understanding of loan contracts and documentation requirements
- Strong attention to detail and organizational skills
- Excellent communication and interpersonal abilities
- Ability to work efficiently in a fast-paced environment
If you are a motivated individual with a passion for the mortgage industry and meet the qualifications outlined above, we encourage you to apply for this exciting opportunity.
Required: Bilingual in English/Spanish
Bonus Pay: Loan processor is eligible for monthly bonus per files closed.
90-day review: Performance review meeting will be held after a new employee's roughly first three months on the job.
Job Type: Full-time
Pay: From $25.00 per hour
Expected hours: 40 per week
Benefits:
Schedule:
Experience:
Language:
Work Location: Hybrid remote in Renton, WA 98057
Clear All
0 Mortgage Loan Processing Supervisor jobs found in Seattle, WA area