Mortgage Loan Processor Lp3

3 Keys Lending; Arizona; Hybrid; USD 50,000 - 70,000; Full time

Job summary

3 Keys Lending is seeking an experienced Loan Processor (LP3) to own the pipeline from pre-underwrite through funding. The ideal candidate speaks English and Spanish, reports to the Loan Officer and collaborates with underwriters, borrowers, and third-party partners to move loans efficiently.

Responsibilities include reviewing loans promptly, translating underwriting conditions, and ensuring high-quality submissions. Compensation ranges from $50,000 to $70,000 annually in the United States.

Qualifications

• Fluent in English and Spanish is required.
• 3+ years of mortgage processing experience for a broker.
• Experience with DU/DO and Loan Prospector.
• Experience using major Loan Origination Systems (LOS).
• Excellent verbal and written communication skills in English and Spanish.

Responsibilities

• Pre-Underwrite: review loans within one business day, manage ~5 loans daily, ensure file completeness, obtain missing docs, submit to underwriting within 3 days.
• Post-Underwrite: translate conditions, maintain two-touch to Clear-to-Close, ensure timely closings, share best practices.
• Post-Fund: monitor closed loans, respond to post-funding questions, clear post-funding conditions.
• Collaborate to improve checklists and workflows, attend weekly meetings, log communications in LOS, deliver proactive borrower communication.

Skills

Bilingual English/Spanish

Strong communication

Attention to detail

Time management

Problem solving

Team collaboration

Tools

LOS (Loan Origination System)

DU/DO

Loan Prospector

Job description

We're looking for an experienced Loan Processor (Loan Partner 3) who takes pride in delivering an exceptional client experience while keeping loans moving efficiently. If you are a mortgage processor who is fluent in both English and Spanish and enjoys taking ownership of your pipeline, communicating proactively, solving problems, and working alongside a supportive, high-performing team, we'd love to meet you. The LP3 is responsible for managing loans from lock through funding, ensuring timely, accurate, and high-quality underwriting submissions and closings. This role works closely with the Loan Officer, Loan Partners, underwriters, borrowers, and third-party partners to proactively manage files, minimize underwriting conditions, and help ensure loans close on time. Our ideal candidate: Is fluent in both English and Spanish Has 3+ years of mortgage processing experience for a broker Has outstanding communication skills Has excellent attention to detail and a strong sense of accountability and pride in their work Has the ability to manage a high-volume pipeline with accuracy and efficiency Is a self-starter who takes ownership and gets things done Thrives in a fast-paced environment while maintaining accuracy Is flexible and willing to go the extra mile when needed, understanding that occasionally a time-sensitive loan may need attention outside of traditional business hours Isn't hesitant to pick up the phone to communicate Loves helping people We're looking for someone who is coachable, embraces new ideas and processes, enjoys working as part of a team, and takes pride in finding solutions—not just identifying problems. Fluency in Portuguese is a plus. Responsibilities: Essential Duties of This Position Pre-Underwrite Review all incoming loans within one business day of receipt. Review approximately five loans daily (or as directed by the Loan Officer). Verify loan file completeness using the pre-underwrite checklist. Request and analyze documentation related to cash, credit, income, and borrower capacity. Work with the Loan Partners and Loan Officer to obtain any missing documentation needed for underwriting. Initiate all required third-party services. Submit complete, accurate, high-quality loan files to underwriting within three business days. Average approximately three underwriting submissions per day. Strive for 95% or more of initial Conditional Loan Approvals (CLAs) to have 10 or fewer conditions. Post-Underwrite Review Conditional Loan Approvals (CLAs) for clarity and accuracy. Confirm outstanding conditions have not already been received before requesting additional documentation. Translate underwriting conditions into borrower-friendly language. Review, package, and submit conditions accurately and promptly. Maintain a two-touch maximum to Clear-to-Close. Share feedback and best practices with the team to strengthen future loan submissions. Send Clear-to-Close requests to the full loan team. Review Initial Closing Disclosures (ICDs) and Closing Disclosures (CDs) for accuracy against the Loan Estimate. Ensure 95% or more of loans close on time. Post-Fund Monitor closed loans for funding authorization. Respond to post-funding issues the same business day. Clear post-funding conditions as required. Support borrowers and team members with post-closing questions. Additional Responsibilities Collaborate with the team to improve LP2 submission checklists and workflows. Attend weekly team and pipeline meetings. Log all critical communication in the Loan Origination System (LOS). Build strong working relationships with underwriting, closing, funding, post-closing, and quality control teams. Deliver proactive, high-quality communication that exceeds traditional processing expectations. Help create an exceptional borrower experience through clear communication, attention to detail, and consistent follow-through. Qualifications: Minimum of 3 years of mortgage processing experience for a Broker. Strong knowledge of Conventional, FHA, VA, Non-QM, Jumbo, DSCR / Investor, USDA. Experience with DU/DO and Loan Prospector. Experience using major Loan Origination Systems. Excellent verbal and written communication skills in English and Spanish. Strong organizational and time-management skills. Ability to manage multiple deadlines in a fast-paced environment. Detail-oriented with a high level of accountability. Strong critical-thinking and problem-solving skills. Coachable and open to learning new systems and processes. Positive attitude with a team-oriented mindset and the ability to collaborate across departments. Completion of all required regulatory and compliance training. Compensation: $50,000 - $70,000

• Essential Duties of This PositionPre-Underwrite
• Review all incoming loans within one business day of receipt.
• Review approximately five loans daily (or as directed by the Loan Officer).
• Verify loan file completeness using the pre-underwrite checklist.
• Request and analyze documentation related to cash, credit, income, and borrower capacity.
• Work with the Loan Partners and Loan Officer to obtain any missing documentation needed for underwriting.
• Initiate all required third-party services.
• Submit complete, accurate, high-quality loan files to underwriting within three business days.
• Average approximately three underwriting submissions per day.
• Strive for 95% or more of initial Conditional Loan Approvals (CLAs) to have 10 or fewer conditions.
• Post-Underwrite
• Review Conditional Loan Approvals (CLAs) for clarity and accuracy.
• Confirm outstanding conditions have not already been received before requesting additional documentation.
• Translate underwriting conditions into borrower-friendly language.
• Review, package, and submit conditions accurately and promptly.
• Maintain a two-touch maximum to Clear-to-Close.
• Share feedback and best practices with the team to strengthen future loan submissions.
• Send Clear-to-Close requests to the full loan team.
• Review Initial Closing Disclosures (ICDs) and Closing Disclosures (CDs) for accuracy against the Loan Estimate.
• Ensure 95% or more of loans close on time.
• Post-Fund
• Monitor closed loans for funding authorization.
• Respond to post-funding issues the same business day.
• Clear post-funding conditions as required.
• Support borrowers and team members with post-closing questions.
• Additional Responsibilities
• Collaborate with the team to improve LP2 submission checklists and workflows.
• Attend weekly team and pipeline meetings.
• Log all critical communication in the Loan Origination System (LOS).
• Build strong working relationships with underwriting, closing, funding, post-closing, and quality control teams.
• Deliver proactive, high-quality communication that exceeds traditional processing expectations.
• Help create an exceptional borrower experience through clear communication, attention to detail, and consistent follow-through.

Compensation: $50,000-$70,000 per year