Processor - Bluffton

Dream Finders Homes, Inc.; Bluffton (SC); On-site; USD 42,000 - 54,000; Full time

Benefits offered by this job

Health Insurance

Paid time off (PTO) & holidays

401(k) with company match

Employee Wellness Programs

Employee Assistance Programs

Home Purchase Discount for Associates

Pet Insurance

Job summary

JET Homeloans is seeking a Processor to handle loan files from submission through closing, coordinating processing support and admin functions across departments. The role works closely with underwriting, loan officers and the Processing Supervisor to complete tasks promptly in line with policies and procedures.

The Processor will manage communication, document collection, and data integrity throughout the processing lifecycle, with a focus on timely loan sales and exceptional customer service

Qualifications

• Experience analyzing credit and income to determine underwriting needs.
• Ability to obtain and verify third-party information for loan data.
• Strong communication with borrowers and referral sources.
• Experience coordinating with underwriting, processing and closing teams.

Responsibilities

• Review credit, income, assets, and collateral to determine underwriting needs.
• Communicate document requirements to borrowers and referrals.
• Obtain verifications and third-party information for validation.
• Utilize DU, LP and GUS to evaluate transactions for underwriting approval.
• Coordinate with underwriting and closing for efficient processing.
• Respond to post-closing requests for additional documentation.
• Lead weekly pipeline meetings and maintain customer service standards.

Skills

Credit analysis

Documentation coordination

Underwriting liaison

DU/LP/GUS familiarity

Customer service

Job description

The Processor is responsible for processing files from submission through submitting to closing. They will work with all departments in coordinating processing, processing support, and administrative functions for their respective teams. Processor will work closely with underwriting, loan officer/loan officer team and Processing Supervisor to complete all functions within a timely manner and consistent with all operations policies and procedures. Processor will report directly to the Processing Supervisor.

Essential Job Functions

• Review and analyze credit, income, assets, and collateral upon receipt of loan to determine needs for underwriting to make a reasonable credit decision.
• Communicate document requirements and conditions to borrowers and referral sources as needed consistent with corporate communication policies.
• Obtain credit supplements, verifications of employment, verifications of deposit, clear fraud alerts, title commitments, transcripts, appraisals, builder documentation and other third-party information to validate application data.
• Utilize DU, LP and GUS for evaluating agency eligible transactions. Review findings and determine documentation and supporting information needed for underwriting approval.
• Work with underwriting and closing departments to facilitate an efficient and compliant transaction.
• Respond to post closing requests for additional documentation or system updates to ensure timely loan sales.
• Conduct weekly pipeline meetings with sales and provide regular communication to ensure a total team approach necessary to provide exceptional levels of customer service to borrowers and referral sources.
• Licensing and certifications to be obtained when requested by management, such as NMLS licensing, bond certifications, and other educational certifications.
• Process an average of 14 closed loan files per month.
• Review initial submissions from sales within 48 hours and provide welcome call and follow up email to the borrower. Submit loans to underwriting within 5 business days of receipt.
• Represent JET with the highest level of customer service and professionalism.
• Maintain loan level data and document integrity throughout the processing lifecycle.
• Submit CD Requests to closing 7 or more business days prior to closing.
• Resubmit loans for CFD or CTC at least 6 days prior to closing.

Goals/Expectations

• Process an average of 14 closed loan files per month.
• Review initial submissions from sales within 48 hours and provide welcome call and follow up email to the borrower. Submit loans to underwriting within 5 business days of receipt.
• Represent JET with the highest level of customer service and professionalism.
• Maintain loan level data and document integrity throughout the processing lifecycle.
• Submit CD Requests to closing 7 or more business days prior to closing.
• Resubmit loans for CFD or CTC at least 6 days prior to closing.

JET Homeloans is an Equal Employment Opportunity/Affirmative Action Employer and maintains a Drug-Free Workplace.

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

#JetHomeLoans

The Processor is responsible for processing files from submission through submitting to closing. They will work with all departments in coordinating processing, processing support, and administrative functions for their respective teams. Processor will work closely with underwriting, loan officer/loan officer team and Processing Supervisor to complete all functions within a timely manner and consistent with all operations policies and procedures. Processor will report directly to the Processing Supervisor.

Essential Job Functions

• Review and analyze credit, income, assets, and collateral upon receipt of loan to determine needs for underwriting to make a reasonable credit decision.
• Communicate document requirements and conditions to borrowers and referral sources as needed consistent with corporate communication policies.
• Obtain credit supplements, verifications of employment, verifications of deposit, clear fraud alerts, title commitments, transcripts, appraisals, builder documentation and other third-party information to validate application data.
• Utilize DU, LP and GUS for evaluating agency eligible transactions. Review findings and determine documentation and supporting information needed for underwriting approval.
• Work with underwriting and closing departments to facilitate an efficient and compliant transaction.
• Respond to post closing requests for additional documentation or system updates to ensure timely loan sales.
• Conduct weekly pipeline meetings with sales and provide regular communication to ensure a total team approach necessary to provide exceptional levels of customer service to borrowers and referral sources.
• Licensing and certifications to be obtained when requested by management, such as NMLS licensing, bond certifications, and other educational certifications.

Goals/Expectations

• Process an average of 14 closed loan files per month.
• Review initial submissions from sales within 48 hours and provide welcome call and follow up email to the borrower. Submit loans to underwriting within 5 business days of receipt.
• Represent JET with the highest level of customer service and professionalism.
• Maintain loan level data and document integrity throughout the processing lifecycle.
• Submit CD Requests to closing 7 or more business days prior to closing.
• Resubmit loans for CFD or CTC at least 6 days prior to closing.

JET Homeloans is an Equal Employment Opportunity/Affirmative Action Employer and maintains a Drug-Free Workplace.

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

#JetHomeLoans

Location(s)

4454 Bluffton Park CrescentSuite 101 , Bluffton , SC 29910 , United States

Compensation

n/a

Benefits

Health Insurance - Medical, Dental & Vision; Vacation & Holidays -- generous PTO & 11 holidays; 401(k) Savings Plan with company match, Employee Wellness and Employee Assistance Programs, Home Purchase Discount for Associates, Pet Insurance.

Posting Close Date

n/a