Assistant Loan Processor

iServe Lending•Reno, NV

About The Position

Summary of Duties: Liaison between Mortgage Loan Originators (MLO), Borrower(s), and Operations regarding loan applications. Responsible for the processing of loan packages from initial submission to loan funding. Essential Duties: Issue proper loan disclosures Review all documents thoroughly before submission to assure accuracy, completeness, and compliance Prepares loan file for submission for underwriting Communicates with borrower(s) to collect and upload any supporting documentation for loan file Compile all loan conditions, including any post-closing conditions Review all supporting documentation and loan conditions for accuracy, completeness, and compliance Communication with MLO with status of the file, as needed Liaison with all parties, including but not limited to the borrower(s), MLO, and operations team Maintain regular and designated office hours at the direction of the branch manager Be discreet and protective of borrower(s) information, both personal and financial Maintain necessary knowledge to successfully perform job responsibilities Conduct business in accordance with iServes/NADs core values of honesty; integrity, and transparency Act as a role model/leader in achieving organizational results. Seek innovative alternatives to performing assigned duties. Ability to work effectively, independently, as well as with team members to achieve department growth. Facilitate an effective and respectful work environment. Strive to exceed internal and external customers expectations. Other Duties: Performs other duties as assigned.

Requirements

Minimum two years job related experience.
Residential mortgage banking knowledge.
Knowledge of documentation required to prepare a complete file for submission to underwriting.
Basic knowledge of PCs and related Microsoft Office applications.
Ability to read and interpret mortgage documents, real estate sales contracts, valuation forms and attorney correspondence as well as company and departmental policies and procedures.
Strong ability to communicate effectively with customers, vendors and employees of the company.
Basic mathematical skills.
Strong ability to apply common sense understanding to carry out instructions furnished in written or oral form.
Ability to problem solve under a variety of situations and circumstances.
Self-motivated with strong desire to succeed.
Detail oriented with ability to multi task.
Strong interpersonal & communication skills.
Strong team oriented atmosphere.
Professionalism and integrity are essential.

Responsibilities

Issue proper loan disclosures
Review all documents thoroughly before submission to assure accuracy, completeness, and compliance
Prepares loan file for submission for underwriting
Communicates with borrower(s) to collect and upload any supporting documentation for loan file
Compile all loan conditions, including any post-closing conditions
Review all supporting documentation and loan conditions for accuracy, completeness, and compliance
Communication with MLO with status of the file, as needed
Liaison with all parties, including but not limited to the borrower(s), MLO, and operations team
Maintain regular and designated office hours at the direction of the branch manager
Be discreet and protective of borrower(s) information, both personal and financial
Maintain necessary knowledge to successfully perform job responsibilities
Conduct business in accordance with iServes/NADs core values of honesty; integrity, and transparency
Act as a role model/leader in achieving organizational results.
Seek innovative alternatives to performing assigned duties.
Ability to work effectively, independently, as well as with team members to achieve department growth.
Facilitate an effective and respectful work environment.
Strive to exceed internal and external customers expectations.
Performs other duties as assigned.