New Mortgage Loan Processor (Fully Remote)

Capital Bank N.A.; United States; Remote; USD 34,000 - 44,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) contributions

Paid parental leave

Generous PTO

Job summary

Capital Bank N.A. is seeking a mortgage loan processor to collaborate with loan originators and deliver a best-in-class customer experience. The role includes reviewing applications, gathering documents, and coordinating with underwriting for final approval.

The position also involves calculating principal, interest, and closing costs, preparing files, and addressing any deficiencies with the underwriter to ensure smooth processing. Comprehensive benefits are provided.

Qualifications

• Recent experience as loan processor, assistant, or loan officer in the mortgage industry.
• Knowledge of lending terminology and experience speaking with borrowers.
• Experience processing conventional, FHA, and VA loans.

Responsibilities

• Work closely with loan originators to process mortgage loans and provide a best-in-class customer experience.
• Review loan applications for accuracy and completeness, acquire necessary documents, and submit to underwriting for final approval.
• Calculate principal, interest, and closing cost amounts and notify borrowers.
• Prepare mortgage loan files, clarify or obtain additional information, and correspond with verification sources.
• Identify deficiencies and notify the underwriter or supervisor.

Job description

• Work closely with loan originators to process mortgage loans and provide a best-in-class customer experience.
• Review loan applications for accuracy and completeness, acquire necessary documents, and submit to underwriting for final approval.

Responsibilities:

• Calculate principal, interest, and closing cost amounts and notify borrowers.
• Prepare mortgage loan files, clarify or obtain additional information, and correspond with verification sources.
• Identify deficiencies and notify the underwriter or supervisor.

Qualifications:

• Recent experience as a loan processor, assistant, or loan officer in the mortgage industry.
• Knowledge of lending terminology and experience speaking with borrowers.
• Experience processing conventional, FHA, and VA loans.
• Base salary range of $25.00-$32.00 hourly with annual target bonus.
• Comprehensive benefits including medical, dental, vision, 401(k) contributions, paid parental leave, and generous PTO.

Capital Bank N.A.

Capital Bank is a publicly traded community bank headquartered in Maryland, serving clients primarily in Maryland, DC, and Northern Virginia, along with nationwide lending brands. With over $3 billion in assets, it has been named one of the 'Best Banks to Work For' for six of the past seven years.