Junior Processor

Responsibilities

• Enter all data on new loans as received into the computer system as needed for initial submission through the appropriate Loan Origination System;
• Print and mail initial application disclosures to customer, as required, for new loans;
• Re-disclosure applicable Federal and State through the loan process including but not limited to rate locks, extensions, approvals, commitments, APR changes, etc.;
• Register loans and obtain FHA and VA I.D. numbers, as applicable.
• Order credit report and private mortgage insurance from Company approved service providers, as required, by the loan approval;
• Obtain 4506T, Verification of Employment and Deposits as needed;
• Order Compliance and Fraud reports as needed;
• Verbal Verification of Employment on all borrowers;
• Contact borrowers for any outstanding conditions as requested by the underwriter or processor;
• Complete income calculation worksheet.