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Loan Processor

At Premier Processing, we created a culture that encourages community, caring and open communication. If you thrive in a fast-paced environment and are looking for an opportunity to develop your career, then we have a great opportunity for you!

The Loan Processor is expected to perform a variety of loan documentation duties using comprehensive knowledge of policies and procedures for loan products.

Responsibilities

  • Verifies, compiles, borrower’s information for mortgage loans
  • Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment
  • Orders all services for the loan (title, appraisal, homeowners, flood certs, 4506T, credit supplements, obtaining all information from FHA Connections & VA Portal)
  • Calculate income (fixed, salaried and self-employed) and review Assets (large deposits)
  • Submits mortgage loan file for underwriting approval
  • Works on obtaining conditions on the file in order to get file cleared
  • Works closely with Mortgage Loan Originators and their assistants to gather conditions from the borrowers

QUALIFICATIONS:

  • 2+ years Processing Experience
  • Knowledge of FHA Conventional VA and USDA
  • Knowledge of compliance including ATR/QM and TRID
  • Experience with Encompass and paperless environment

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If you have questions about career opportunities, our training program or the mortgage industry in general, please get in touch and we’ll get back to you in a flash.