Loan Officer Assistant

Job Overview
We are seeking a detail-oriented and motivated Loan Processor to join our dynamic team in the financial services industry. The ideal candidate will have a strong understanding of loan processing, underwriting, and mortgage servicing. This role involves working closely with loan officers and clients to ensure a smooth and efficient loan origination process while adhering to all relevant regulations.

Responsibilities

• Review and verify loan applications for accuracy and completeness
• Process loans in accordance with FNMA/FHLMC guidelines and TILA/RESPA regulations
• Able to calculate fixed, variable, and business income for loan qualifications
• Conduct credit analysis to assess borrower eligibility
• Prepare and maintain loan documentation, including contracts and escrow agreements
• Collaborate with loan officers to facilitate communication with clients throughout the loan process
• Ensure compliance with Fair Housing regulations and company policies
• Utilize basic math skills related to loans and financial assessments
• Assist in resolving any issues that may arise during the loan processing phase

Qualifications

• Previous experience in loan processing or related roles within the financial services sector is preferred
• Familiarity with underwriting processes and mortgage servicing practices
• Knowledge of banking operations and credit analysis techniques
• Strong understanding of mortgage guidelines, lender implications and Fair Housing laws
• Excellent attention to detail with strong organizational skills
• Ability to work independently as well as part of a team in a fast-paced environment

If you are passionate about helping clients achieve their financial goals through effective loan processing, we encourage you to apply for this exciting opportunity.

Job Types: Full-time, Part-time

Pay: From $35,000.00 per year

Work Location: Remote