Loan Processor IV - Mortgage Lending (HYBRID)

About the role

The Loan Processor IV supports the lending areas by reviewing the accuracy of mortgage and consumer loans from conditional approval to closing. This position is hybrid, working 4 days per week.

Responsibilities

• Reviews all required documents, such as borrower documents, D/U & LP findings, title and HOI for submission
• Orders and follows up on all Third-Party needs including HOI, title, 4506T, payoffs, written verifications, subordinations etc
• Processes most complex loans such as self-employed income, CEMA, condos and co-ops, Government, Right-Step, Jumbo and WealthOwns
• Communicates with borrowers throughout the loan process
• Validates all documents required by underwriting are present, accurately indexed and meet the stated underwriter requirements
• Resolves third-party conditions on the loan
• Interacts with vendors providing service on the loan transaction, obtaining necessary documentation including Home Owners Insurance providers, Title companies, Home Owners Associations
• Documents all interactions on the loan transaction
• Affords assistance in training other Loan Processors
• Functions as a subject matter expert for special projects

Requirements

• High school diploma or GED
• 5+ years loan documentation experience
• Demonstrated knowledge of Bank loan products and policies
• Demonstrated knowledge of lending software
• Detail-oriented with the ability to multitask
• Ability to handle heavy workload and meet stringent deadlines
• Outstanding oral and written communication skills, with ability to interact effectively with all customers, both internal and external
• Solid knowledge and understanding of states regulations
• Proficient PC skills

Preferred Qualifications

• 3-5 years loan processing experience
• Experience processing Government loans, FHA, VA and USDA
• Prior experience with Encompass

Skills

Expert system, industry and process knowledge

Benefits

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role.

The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role.

TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing.

We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact. We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals.

Here at TD, we hire and develop the best.

Training & Onboarding We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.