Loan Processor

US Realty & Mortgage Inc; Whittier (CA); On-site; USD 48,000 - 64,000; Part time

Job summary

US Realty & Mortgage Inc is seeking a high-energy, detail-oriented Loan Processor to handle residential loan files in our Whittier, CA office. This role spans part-time to full-time hours, not remote, with frequent interaction with borrowers and underwriters to move applications toward pre-approval.

You will review files, collect documentation, input applications, and communicate clearly with the Loan Originator and borrower to ensure timely completion and accuracy of disclosures and closing

Qualifications

• 3–5 years of experience as a loan processor.
• Strong knowledge of Calyx software and MS Office.
• Excellent communication and sales skills; customer-service oriented.

Responsibilities

• Perform initial review of the loan file.
• Collect and package files for submission to the underwriter.
• Collect updated documents from borrowers and third parties.
• Input applications in Desktop Underwriter and obtain pre-approval.
• Submit files to underwriter for pre-approval.
• Maintain communication with the borrower and loan originator.
• Monitor and follow up on loan conditions.

Skills

Loan processing

Customer service

Communication skills

Sales skills

Attention to detail

Tools

Calyx software

MS Office

Desktop Underwriter

Job description

Job Description

LOOKING FOR PART-TIME TO FULL TIME. NOT A REMOTE JOB! Willing to drive to Whittier, CA daily.

We are looking for a HIGH ENERGY, DETAILED and reliable Loan Processor to individual loans. You will undertake an intermediary role between wholesale lenders and our inside team. We are looking for qualified applicants to process loans in a timely manner with outstanding customer service, writing and phone skills. Loan processor duties and responsibilities will include analysis of the loan file from initial opening to drawing loan documents for final docs and everything in between.

Responsibilities

• Perform initial review of the loan file
• Collect and package the loan file for submission to the underwriter
• Document the file and reach out to all participants for updated documents (Credit/income/Assets/Insurance/etc.)
• Obtain loan applications daily
• Edit application, or input application through Point and download to Automated Underwriting System (Desktop Underwriter) and run credit to obtain pre-approval
• Document borrower information provided in application
• Submit file to underwriter for Pre-Approval
• Notify Loan Originator (Loan Advisor, A-List, or Loan Consultant) regarding prequalification, requirements, and decision (approval, counteroffer, denial)
• Obtain all conditions required from borrower (i.e. income documentation, assets/bank statements, purchase contract and escrow instructions if purchase transaction)
• Analyze all forms of income documentation
• Send preapproval letter to borrower upon request
• Maintain open communication with the borrower or Loan Originator

Skills

• Be able to work in an office
• Proven 3-5 year working experience in a loan processor role
• Good knowledge of Calyx software and MS Office
• Comprehension of direct/indirect lending procedures
• In-depth understanding of relevant rules and regulations
• Excellent communication and sales skills
• Balance between customer satisfaction orientation and a results driven approach

Job Type: Part Time to Full-time as business picks up

Company Description

We are a Real Estate Firm and Mortgage Company.