Loan Processing Assistant

Essential Functions

• Requests and reviews file documentation, including income/employment verifications, bank statements or verifications of deposit and property valuations;
• Opens escrow and title.
• Reviews all documentation received for completeness and ensures appropriate data is entered in the company’s origination system, and that appropriate documentation is uploaded to the company’s paperless file system.
• Communicates with loan processor regarding documentation needed to process the loan and maintain effective follow up to ensure receipt of needed documents.
• Aids loan processor to gather information to clear underwriting conditions.
• Responds to inquiries and follows up with key individuals promptly to resolve problems.
• Communicates directly with loan officer, loan processor, closer, title companies and insurance companies to ensure that loans close in a timely manner.
• Aids loan processor to help resolve investor stipulations.
• Stays up to date on all current, applicable industry standards.
• Maintains complete and accurate information within the Loan Processing System while effectively managing a high volume of loans.
• Performs other duties as assigned.

Qualifications

• High School or equivalent required, some related college courses or degree desired, along with some knowledge of mortgage lending policies, procedures, and regulations.
• Well-developed ability to manage multiple tasks/projects and deadlines simultaneously.
• Strong verbal and written communication skills.
• Effective time and resource management.
• Strong interpersonal skills.