Loan Processor

Overview
Join our dynamic financial services team as a Loan Processor, where your expertise will drive the seamless flow of mortgage and loan transactions. In this vital role, you will be the backbone of our lending operations, ensuring all loan applications are processed efficiently, accurately, and in compliance with industry regulations. Your attention to detail and proactive approach will help clients achieve their homeownership goals while maintaining the highest standards of service and integrity.

Duties

• Review and verify loan documentation, including income, employment, credit reports, and property details to ensure completeness and accuracy.
• Collaborate with loan officers, underwriters, and other team members to facilitate smooth loan origination processes.
• Prepare and submit loan packages for underwriting approval, ensuring adherence to FNMA (Fannie Mae) guidelines and other investor requirements.
• Conduct credit analysis by assessing borrower financials, debt-to-income ratios, and escrow accounts to determine loan eligibility.
• Ensure compliance with Fair Housing regulations, TILA (Truth in Lending Act), and other federal or state lending laws throughout the processing cycle.
• Manage mortgage servicing tasks such as escrow analysis, payoff processing, and document tracking to support ongoing loan management.
• Maintain detailed records of all loan processing activities using secure systems, including 10-key typing for data entry accuracy.

Skills

• Strong knowledge of FNMA guidelines and mortgage underwriting standards.
• Experience with loan origination processes within financial services or banking environments.
• Familiarity with mortgage servicing procedures, escrow management, and credit analysis techniques.
• Understanding of TILA regulations and contractual obligations related to loans.
• Proficiency in basic math skills necessary for calculations involving interest rates, payments, and escrow accounts.
• Excellent organizational skills with the ability to handle multiple tasks efficiently while maintaining attention to detail.
• Ability to interpret contracts and legal documents accurately in a fast-paced setting. Embark on a rewarding career where your expertise accelerates clients’ dreams of homeownership! We’re dedicated to fostering a supportive environment that values your contributions while providing opportunities for growth in the mortgage industry.

Pay: $25.16 - $30.29 per hour

Benefits:

• Dental insurance
• Flexible schedule

Work Location: Hybrid remote in Woodland Hills, CA 91367