Mortgage Loan Processor

Cedar Band Corporation; South Jordan (UT); Hybrid; USD 55,000 - 85,000; Full time

Benefits offered by this job

Health, Dental, Vision

401k match

Hybrid work environment

Job summary

Cedar Band Corporation seeks an experienced Mortgage Loan Processor for its South Jordan, UT headquarters. You will manage a high-volume loan processing pipeline from submission to closing, coordinating with loan officers, underwriters and borrowers to move files efficiently.

The ideal candidate has 5+ years processing FHA, VA, Conventional and Jumbo loans, and thrives in a stable yet fast-paced environment with a national presence. Hybrid work arrangement available after onboarding.

Qualifications

• Minimum 5 years experience in mortgage loan processing.
• Expert knowledge of FHA, VA, Conventional, and Jumbo loan guidelines.
• Proficiency in DU/LPA (Desktop Underwriter / Loan Prospector) and related tools.
• Solid knowledge of TRID regulations and compliance requirements.
• Strong verbal and written communication with attention to detail and deadline discipline.

Responsibilities

• Pipeline Management: Manage a high-volume pipeline of residential mortgage loans (FHA, VA, Conventional, Jumbo)
• Document Review & Verification: Review applications, income, assets, and credit documents for accuracy
• Underwriting Liaison: Serve as the primary liaison between loan officers, underwriters and borrowers to clear conditions
• AUS Familiarity: Run and interpret DU/LPA underwriting outputs
• Documentation Ordering: Order appraisals, title reports, flood certifications, VOEs
• Compliance: Ensure loan files comply with federal/state/company TRID regulations
• Communication: Provide status updates to borrowers, loan officers and real estate agents

Skills

Attention to detail

Excellent verbal and written comms

Deadline-driven

Education

High School Degree/GED

Tools

LendingPad LOS

Encompass LOS

Job description

Job Summary

We are seeking an experienced Mortgage Loan Processor to join our team at our national headquarters in the South Jordan, Utah area. In this role, you will act as the primary performer of the tasks and workflow of the application while the loan is in process, managing a high-volume pipeline from initial submission through to closing. The ideal candidate has 5+ years of experience in processing FHA, VA, Conventional, and Jumbo loans, and is looking for a stable, fast-paced environment with a national presence.

Description

We are seeking an experienced Mortgage Loan Processor to join our team at our national headquarters in the South Jordan, Utah area. In this role, you will act as the primary performer of the tasks and workflow of the application while the loan is in process, managing a high-volume pipeline from initial submission through to closing. The ideal candidate has 5+ years of experience in processing FHA, VA, Conventional, and Jumbo loans, and is looking for a stable, fast-paced environment with a national presence.

What We Offer

• Competitive salary commensurate with experience.
• Comprehensive benefits package (Health, Dental, Vision, 401k match, and more).
• Hybrid work environment - This role is based in our South Jordan, Utah headquarters, with flexibility for a hybrid schedule (combining in-office and remote work) after the initial onboarding period.
• A stable, national presence with opportunities for growth at our headquarters.

Key Responsibilities

• Pipeline Management: Manage a high-volume pipeline of residential mortgage loans (FHA, VA, Conventional, Jumbo), ensuring files are accurate, complete, and move through the process efficiently.
• Document Review & Verification: Thoroughly review loan applications, income, assets, and credit documentation to identify potential red flags and ensure accuracy.
• Underwriting Liaison: Act as the primary liaison between Loan Officers, Underwriters, and borrowers, proactively clearing conditions to obtain a "Clear to Close".
• AUS Familiarity: Proficiently run and interpret desktop underwriting systems (DU/LPA).
• Documentation Ordering: Order and verify third-party reports, including appraisals, title reports, flood certifications, and VOEs.
• Compliance: Ensure all loan files comply with federal, state, and company policies, including TRID regulations.
• Communication: Provide regular status updates to borrowers, loan officers, and real estate agents to ensure a smooth, timely closing.

Qualifications

• Experience: Several years of active, hands-on experience in mortgage loan processing.
• Loan Types: Expert knowledge of FHA, VA, Conventional, and Jumbo loan guidelines.
• Systems: Proficiency in LendingPad LOS is preferred; experience with Encompass or similar LOS required.
• Technology: Strong proficiency in Desktop Underwriter (DU) / Loan Prospector (LPA).
• Skills: Excellent verbal and written communication skills, with a high degree of attention to detail and ability to work under tight deadlines.

Work Environment

This position may be remote or in-office at CBCMA’s onsite location in South Jordan, UT.

Physical Requirements

• Prolonged periods of sitting at a desk.
• Must be able to lift up to 15 pounds at times.
• Prolonged hours working on a computer looking at screens and computer monitor

Position Type/Expected Hours of Work

This is a full-time position, and hours of work and days are Monday through Friday, 8 a.m. to 5 p.m. with occasional evenings as job duties demand.

Travel

No travel is expected.

Education And Experience

• Minimum 5 years experience in an active, hands-on role in mortgage loan processing.
• Solid knowledge and understanding of FHA, VA, Conventional, and Jumbo loan guidelines.
• High School Degree/GED or higher.

Additional Eligibility Qualifications

None.

Work Authorization/Security Clearance

Must be authorized to legally work within the United States of America.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.