Mortgage Loan Processor – Dallas, TX

Guidance Residential, LLC; Dallas (TX); On-site; USD 52,000 - 78,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401k

Student loan payments

Paid holidays

Vacation

Job summary

Guidance Residential LLC in Dallas is seeking a full-time Loan Processor to act as the communications link between customers and sales staff, overseeing the mortgage application process and ensuring information validity for approval.

The role requires 4+ years in processing/underwriting/closing, familiarity with Freddie Mac LP or Fannie Mae DUS, and strong organizational skills; you will manage a loan pipeline from setup to disbursement and liaise with underwriting to meet closing timelines.

Qualifications

• Bachelor's degree preferred; 1–2 years mortgage processing experience.
• 4+ years experience in processing/underwriting/closing.
• Strong knowledge of Freddie Mac LP or Fannie Mae DUS and conventional processing guidelines.

Responsibilities

• Maintains open communication with applicants and account executives; informs about requirements and conditions.
• Reviews documents and verifies data; ensures eligibility and underwriting guidelines.
• Calculates income and verifies DTI; follows up on missing docs for underwriting decisions.

Skills

Communication

Organizational skills

Time management

Customer service

Mortgage knowledge

Education

Bachelor's degree preferred

Tools

Freddie Mac LP

Fannie Mae DUS

HUD 1

LOS system

Job description

Guidance Residential LLC is a strong growing company that specializes in residential mortgage lending Our team members are a vital strength in our ability to grow and continue to serve our customers We currently have an opening for a full time Loan Processor in our Dallas TX office ho will serve as the communications link between customers and the sales staff Oversee and expedites the application process to meet customer service and productivity standards Evaluates customer information ensures validity of information and specifies conditions for approval of customer applications

RESPONSIBILITIES

• Maintains an open line of communication with applicants and account executives throughout the process assisting them with questions and notifying them and other parties with additional requirements andor conditions
• Reviews documents and verifies data collected by sales staff ensures program eligibility and compliance with underwriting guidelines
• Calculates income and verifies DTI prior to submission to UnderwritingAct in a lead capacity in the timely follow up for missing documentation pertinent to the underwriting decision and closing of the transaction
• Manage a pipeline of open loan files from set up to disbursement including but not limited to updating closing dates
• Enter preliminary HUD 1 into the LOS system
• Run LP if necessary
• Provide coverage for other Account Managers in the event of scheduled and unscheduled absences
• Performs other duties as assigned

REQUIREMENTS

• Bachelors degree preferred; one to two years related experience andor training; or equivalent combination of education and experience in a mortgage banking environment
• Minimum 4 years experience in a processing underwriting or closing function
• Working knowledge of Freddie Mac LP or Fannie Mae DUS and strong familiarity with conventional processing guidelines
• Strong organizational and communication skills
• Excellent prioritization and time management skills
• Aside from excellent oral and written communication skills the ideal candidate will have a proven track record in exceptional follow up and customer service and must be able to prioritize multiple projects to ensure deadlines are met
• Must also be able demonstrate initiative and use independent judgment within Guidances established guidelines and procedures

We offer a competitive salary and a comprehensive benefits package.

BENEFITS

• including medical dental vision STDLTDLIFEAD& D 401K Student Loan Payments paid holidays and vacation

Guidance Residential is an Equal Opportunity Employer