Mortgage Loan Processor LP3

Covita Lending

Columbus (OH)

On-site

USD 60,000 - 90,000

Full time

14 days+
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Job summary

Covita Lending is seeking a Loan Partner Three (LP3) who will be responsible for the high-quality processing of loans from RESPA to Funding. The LP3 will collaborate effectively with loan officers, underwriters, and borrowers to ensure smooth loan application submissions.

The ideal candidate must possess a strong understanding of investor guidelines and demonstrate excellent attention to detail. This position offers a competitive salary range of $60,000 - $90,000 yearly.

Qualifications

  • Strong understanding of investor guidelines.
  • Excellent attention to detail.
  • Ability to evaluate cash, credit, income, and collateral.

Responsibilities

  • Responsible for timely and high-quality loan processing.
  • Collaborate with key stakeholders to review loan applications.
  • Communicate proactively throughout the underwriting process.

Job description

The Loan Partner Three (LP3) is a Loan Processor responsible for timely and high‑quality loan processing from RESPA to Funding (lock‑to‑loan).

The LP3 collaborates with the Loan Officer (LO), Loan Partner Two (LP2), loan underwriters, borrowers, and other key stakeholders to review and submit high‑quality loan applications to underwriting.

This role requires a strong understanding of investor guidelines, excellent attention to detail, and the ability to thoroughly evaluate cash, credit, income, and collateral. The ideal candidate will communicate proactively throughout the underwriting process to help reduce conditions, keep files moving efficiently, and create a smooth, positive experience for borrowers.

Compensation

$60,000 - $90,000 yearly

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