Mortgage Loan Processor

About Us:
Optimum First Mortgage is UWM’s #1 conventional lender and a top-rated company offering some of the lowest interest rates in the industry.

Primary Responsibilities: Your role will include, but not be limited to, the following:

• Verifying completeness of loan applications to ensure all required materials have been received
• Opening escrow and title orders, confirming preliminary title reports are received, and submitting appraisal requests
• Validating all loan application data for accuracy and completeness
• Reviewing lock status and pricing as needed
• Ensuring loan qualification and credit histories meet investor requirements
• Communicating with investors, applicants, and internal teams to resolve any concerns or discrepancies related to loan applications
• Collecting and reviewing borrower conditions, stipulations, and supporting documentation to satisfy underwriting requirements.
• Submitting completed loan applications to the appropriate investors
• Preparing key disclosures including Change of Circumstance (COC), Loan Estimate (LE), Closing Disclosure (CD), and profit calculations as needed
• Reviewing approval conditions to push loan applications towards clear to close by reviewing loan approvals
• Coordinating notary signing appointments and ordering final loan documents
• Other related duties as assigned

Compensation:

$25 per hour or commission, whichever is greater.

* Note: Overtime must be approved. *

Commission Structure:

· $400 per Refinance Loan

· $450 per Purchase Loan

· $100 per HELOC or standalone 2nds (no piggybacks or Figures)

* Hourly pay is netted off the commission when calculating total commission. Commission is not considered earned until the loan has been purchased by the investor. Commission amounts can change at any time. *

Benefits:

- Health, Dental, and Vision Insurance – Available after 60 days of employment

- 401(k) Retirement Plan with Employer Match – Eligibility begins after 1 year of employment

- PTO & Sick Leave

- Additional Benefits – As outlined in the Company’s Employee Handbook

Pay: $25.00 per hour

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Application Question(s):

• Where did you hear about us? (Social media, referral, job seeker site, etc)

Experience:

• Loan Processing: 1 year (Preferred)

Ability to Commute:

• Huntington Beach, CA 92647 (Required)

Work Location: In person