Senior Processor

About the role

The organization operates in the mortgage lending industry, focusing on helping families and individuals improve their quality of living through home financing. It manages high loan volumes, with a demand of $1.5 billion per month for refinancing and home purchases, and offers remote work options as well as physical offices across the country.

The Senior Processor plays a critical role in managing various mortgage loan programs by ensuring accurate documentation and compliance. This position supports the mortgage process by coordinating communication, verifying loan documents, and facilitating smooth loan closings, contributing directly to meeting customer demand and maintaining timely loan processing.

Responsibilities

• Process FHA, VA, Conventional, USDA, Home Equity Lines of Credit, 2nd Mortgages, Home Improvement loans, Down Payment Assistance, Bond Programs, and Reverse Mortgages.
• Accurately calculate borrower income.
• Communicate with customers, loan agents, and third parties involved in mortgage transactions.
• Request, review, and verify loan documents including income, credit, appraisal, and title insurance.
• Obtain verification of deposit, employment, and credit reports.
• Prioritize daily workflow to meet company timeline expectations.
• Maintain communication on loan status and changes.
• Ensure compliance with redisclosures and loan origination system accuracy.
• Coordinate loan closings with customers, title companies, and loan agents.
• Work additional hours as needed.
• Perform other related duties as assigned.

Requirements

• Advanced knowledge of FHA, VA, Conventional, Home Equity Lines of Credit, 2nd Mortgages, Home Improvement, down payment assistance, and bond programs.
• Working knowledge of federal and state guidelines including TRID.
• Ability to analyze complex tax returns and accurately calculate income.
• Excellent written and oral communication skills.
• 5 to 7 years of mortgage loan processing experience.
• Current experience processing purchase loans.
• Proficiency with Encompass or similar mortgage loan origination systems.
• Understanding of compliance regulations and investor guidelines.
• Authorization to work in the U.S.

Pay

$36,000 to $48,000 plus bonus, overtime, and full-time benefits including 401(k) retirement plan, paid holidays, and paid vacation.