Mortgage Loan Processor; BR 58- Pirzadeh; 4.11.25

Texana Bank, Inc.; Virginia (MN); Remote; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented loan processor to join their fully remote team. In this pivotal role, you will be responsible for evaluating loan applications, ensuring compliance with all regulations, and fostering trust with clients. Your expertise in lending procedures and strong communication skills will be essential as you guide applicants through the loan process. This position offers the opportunity to work in a dynamic environment where your contributions directly impact customer satisfaction and operational success. If you're passionate about helping others achieve their financial goals, this role is perfect for you.

Qualifications

• Knowledge of TRID and lending procedures is essential.
• Strong communication and organization skills are required.

Responsibilities

• Perform initial appraisal of potential borrowers and assess credit standings.
• Coordinate submissions to underwriting and ensure compliance with regulations.

Skills

Post TRID knowledge

Direct/indirect lending procedures

Strong organization skills

Excellent communication skills

Sales skills

Job description

Fully Remote • Remote Worker

Description

JOB SUMMARY: Responsible for performing initial appraisal of potential borrowers by thoroughly examining their applications; assessing the credit standings of applicants through background research; and interviewing applicants to evaluate their eligibility for loan or mortgage.

ESSENTIAL FUNCTIONS:

1. Identify customer needs, explore all options, and suggest different types of loans. Review files for completeness and accuracy.
2. Verify accuracy of system input.
3. Analyze file for program applicability.
4. Review necessary documentation, such as income and asset documentation, credit report, verifications, appraisal report, preliminary title report, etc.
5. Follow up with clients to request additional documents as needed or to clarify important points.
6. Provide status updates to loan officers, borrowers, and agents.
7. Remain up to speed regarding lending and other financial services.
8. Coordinate all aspects of submission to underwriting, documentation requests and satisfaction of closing/funding conditions. Coordinate closings as needed.
9. Submit files in a timely manner in accordance with company standards.
10. Review pre-audit HUD-1 to ensure accuracy. Work with loan officer and title companies to resolve any discrepancies prior to closing.
11. Prioritize workflow to ensure time sensitive files are handled in proper order.
12. Assure compliance with all regulatory and governmental standards, guidelines, rules and regulations with all regulatory authorities, federal or state ordinances and administrative regulations and statues.
13. Forge trust relationship and enhance customer dedication.
14. Ensure confidentiality of bank and customer information.
15. Perform other duties as assigned.

Requirements:

1. Post TRID knowledge required.
2. Comprehension of direct/indirect lending procedures.
3. In-depth understanding of relevant rules and regulations.
4. Strong organization skills and detail oriented.
5. Excellent communication and sales skills.

Preferred Skills:

1. Preferably 5 years or more processing conventional, VA and FHA loans.