Loan Processor III, Specialty Loans

Job Summary

Processing and pre-underwriting specialty loans, the full-time hourly Loan Processor III, Specialty Loans will ensure compliance with various mortgage standards while serving as a liaison between loan officers, borrowers, and underwriters in a remote work environment.

Key responsibilities

• Monitor the overall lending process, identifying and resolving issues to ensure timely loan closures
• Analyze loan documentation for compliance and accuracy, preparing files for submission to underwriting
• Coach and provide guidance to less experienced processors as needed

Required qualifications

• High school diploma or equivalent; college courses in Business, Finance/Accounting, or related fields preferred
• Five or more years of experience as a Loan Processor, with expertise in conventional, FHA, VA, and Bond mortgage loans
• Expert knowledge of mortgage lending processes and federal/state regulations
• Proficiency in analyzing complex financial documentation related to mortgage applications
• Strong judgment and critical thinking skills to evaluate facts and data effectively