Loan Processor

Mission Loans • Irvine, CA

2d • $17

About The Position

Mission Loans is seeking experienced mortgage professionals who thrive in a fast-paced environment while maintaining a focus on quality of work and delivering an exceptional customer experience. As a Loan Processor, your primary mission is to serve as the primary point of contact for borrowers, process loans from set-up to funding, and ensure quality packaging and timely progression through all critical fulfillment milestones, ultimately delivering a best-in-class customer experience.

Requirements

• 5+ years of processing experience in high-volume mortgage setting.
• Extensive knowledge in the following loan programs/products: conventional, FHA, VA, refinance and purchase, a plus – jumbo & non-QM.
• Thorough understanding of agency & investor underwriting guidelines, policies and procedures.
• Knowledge of and responsibility for compliance with state and federal regulations applicable to loan fulfillment.
• Intermediate math skills; adept at calculating income from salaried and self-employed borrowers.
• Basic proficiency in Microsoft Office products (Excel, Word, PowerPoint, etc.).
• Subscribe to the mission of creating a truly customer and team-member-centric environment.
• Love to come to work every day and win.
• Highly motivated, self-starter with the ability to work independently under minimal supervision and as a team player.
• Clear, effective interpersonal skills and written and verbal communication skills.
• Ability to work in a fast-paced, multi-tasking environment and manage multiple deadlines.
• Strong problem-solving and creative thinking skills.
• Ability to learn and adapt to guideline changes.
• Strong organization, follow-through and time management skills.
• Excellent attention to detail with a commitment to accuracy and quality.
• Dependable, responsible, and able to use good judgment.

Nice To Haves

• Experience with Empower is a plus.
• Bilingual (read, write, speak) in Spanish, a plus.

Responsibilities

• Overall responsibility for processing loans from set-up to funding, ensuring accurate packaging, timely progression through all critical fulfillment milestones, and delivering a best-in-class customer experience.
• Serve as the primary point of contact for the borrower throughout the loan fulfillment process, including communicating clearly, frequently, and effectively to guide them through the loan process seamlessly.
• Review and validate borrower information is and remains accurate in the LOS, as well as all loan documentation submitted by the borrower and third-party service providers is complete, accurate, and verified.
• Process loan files by (i) verifying and analyzing credit, income, assets, and collateral against AUS findings, (ii) reviewing the loan package to ensure it complies with company and/or investor guidelines, and (iii) complete and accurate packaging of the loan for submission to underwriting and closing.
• Partner with production, underwriting, closer-funders, and third-party service providers (i.e. title, verifications, notary) to resolve problems, qualification issues, and clear conditions throughout the fulfillment process.
• Timely prepare, validate, and deliver Revised Loan Estimates, Interim &/or Re-Disclosures, and Closing Disclosures following regulatory and company guidelines.
• Operate to meet and exceed customer expectations.
• Operate in a manner that promotes loan quality and compliance with lending laws.
• Maintain loan pipeline productivity and quality performance at or above required goals.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed