Junior Loan Processor

Lending Team Inc; Richboro (PA); On-site; USD 42,000 - 66,000; Full time

Job summary

Lending Team Inc. in Richboro, PA, is seeking a detail-oriented Mortgage Loan Processor to handle loan applications, income calculations, and documentation coordination.

This on-site role requires strong communication, data accuracy, and the ability to manage multiple tasks within tight deadlines. The candidate will collaborate with loan officers, investors, and third parties to clear conditions, run credit, order appraisals, and maintain a precise loan pipeline.

Qualifications

• Proficient with Adobe, Microsoft Suite, DropBox, DocMagic, and Outlook.
• Experience with Fannie Mae DU and Freddie Mac LP preferred.
• Knowledge of Non-QM financing is a plus.

Responsibilities

• Answering and transferring calls.
• Managing bill payment.
• Organize and maintain documents.
• Biweekly payroll and tracking employee commission maintaining.
• Auditing clients' files, tracking and organizing documents.
• Managing CRM, client follow-ups, organizing client information, and maintaining accurate data related to clients.
• Review loan applications for completeness.
• Income calculation.
• Provide loan officer with information regarding borrower's files.
• Work with third parties to obtain items such as title and HOI documents.
• Maintain and manage the pipeline.
• Run credit, order appraisals, and preparing required worksheets (i.e., fee worksheet, LE, etc.).
• Prepare and submit document requests.
• Work with loan officer, investors, and all other parties to clear conditions.
• Request funding confirmation on all borrower files.
• Perform and opening items audit on all borrower files.
• Communicate with borrowers about loan updates and items needed.

Skills

Strong Computer Skills

Written and Verbal Communication

Multitasking

Time Management

Organizational Skills

Calendar Management

Non-QM Knowledge

Loan Origination Systems

Adobe/Microsoft Suite

Fannie Mae (DU) / Freddie Mac (LP)

Customer Service

Deadline Driven

Status Updates to Loan Officer

Job description

Job Description

THIS IS NOT A REMOTE OR HYBRID POSITION

Responsibilities:

• Answering and transferring calls
• Managing bill payment
• Organize and maintain documents
• Biweekly payroll and tracking employee commission maintaining
• Assists in auditing clients' files, tracking and organizing documents
• Managing CRM, client follow-ups, organizing client information, and maintaining accurate data related to clients
• Review loan applications for completeness
• Income calculation
• Provide loan officer with information regarding borrower's files
• Work with third parties to obtain items such as title and HOI documents
• Maintain and manage the pipeline
• Run credit, order appraisals, and preparing required worksheets (i.e., fee worksheet, LE, etc..)
• Prepare and submit document requests
• Work with loan officer, investors, and all other parties to clear conditions
• Request funding confirmation on all borrower files
• Perform and opening items audit on all borrower files
• Communicate with borrowers about loan updates and items needed

Qualifications:

• Strong Computer Skills
• Strong written and verbal communication skills
• Ability to multitask
• Strong time management skills
• Excellent organizational skills
• Ability to manage multiple calendars
• Knowledge of Non-QM (preferred)
• Knowledge of loan origination systems
• Proficient computer skills (Adobe, Microsoft Suite, DropBox, DocMagic, Outlook)
• Knowledge of Fannie Mae (DU) and Freddie Mac (LP)
• Strong Customer Service skills
• Ability to meet strict deadlines
• Promptly provide updates on files to loan officer