Mortgage Loan Processor
Lendistry
Lendistry is an Equal Opportunity/Affirmative Action Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, or membership in any other group protected by federal, state, or local law. If you need assistance or accommodation due to a disability, you may contact us at hr@lendistry.com.
A Day in the Life
- Review loan files to identify and obtain all required documentation in accordance with investor and regulatory guidelines.
- Communicate effectively with internal partners (Loan Consultants, Processing Managers) and external parties (borrowers and third-party vendors), maintaining timely responses—generally within two hours.
- Leverage pipeline and production reports to proactively manage loans and prioritize daily workload.
- Maintain proficiency in the document management system, ensuring all loan data and documentation are accurate, complete, and up to date.
- Meet weekly with the Loan Processing Manager to review loan status, resolve issues, and align workflow priorities.
- Request, organize, and process loan documentation, independently submitting complete files to Underwriting on a monthly basis.
- Effectively manage a full loan pipeline month over month while meeting quality and compliance standards.
- Consistently achieve monthly funding targets based on assigned pipeline volume and prevailing market conditions.
What You’ll Be Doing
- Review loan files to identify and obtain all required documentation in accordance with investor and regulatory guidelines.
- Communicate effectively with internal partners (Loan Consultants, Processing Managers) and external parties (borrowers and third-party vendors), maintaining timely responses—generally within two hours.
- Leverage pipeline and production reports to proactively manage loans and prioritize daily workload.
- Maintain proficiency in the document management system, ensuring all loan data and documentation are accurate, complete, and up to date.
- Meet weekly with the Loan Processing Manager to review loan status, resolve issues, and align workflow priorities.
- Request, organize, and process loan documentation, independently submitting complete files to Underwriting on a monthly basis.
- Effectively manage a full loan pipeline month over month while meeting quality and compliance standards.
- Consistently achieve monthly funding targets based on assigned pipeline volume and prevailing market conditions.
Qualifications
- Minimum of five (5) years of mortgage loan processing experience required.
- Demonstrated experience with FHA and VA loan products required.
- Proficiency with Automated Underwriting Systems, including Desktop Underwriter (DU), required.
- Purchase loan processing experience strongly preferred.
- High school diploma or general education degree (GED) required.
Benefits
- Comprehensive Medical, Dental, and Vision Insurance
- Generous Paid Time Off
- Birthday Day Off
- 12 Paid Company Holidays
- 401(k) Match
- FSA and HSA
- Paid Life Insurance
- Paid Disability Insurance
- Pet Insurance
- Employee Assistance Program (EAP)
- Professional Development Courses
- In Office Provided Snacks and Drinks
- In Office Engagement Activities
Compensation
The base salary range for this full-time position is $25.00 - $33.00 an hour. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum base salary for new hires for the position across all US locations. Within the range, individual pay is determined by multiple factors like job-related skills, experience, and state of residence. Your recruiter can share more about the specific salary range during the interview process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include any variable compensation elements.
Physical Requirements
- This is a stationary position that requires frequent sitting (approximately 95%).
- Repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus.
- Occasional standing, lifting, carrying of 20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder.
Physical Requirements
Employees in this position must be physically able to efficiently perform the essential functions of the position.