Remote Mortgage Loan Processor – Bonus Eligible

Capital Bank; Washington (District of Columbia); Remote; USD 34,000 - 44,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Company paid life insurance

Disability insurance

401k contributions

Paid time off

Paid holidays

Parental leave

Tuition reimbursement

Employee checking account

Paid charity hours

Job summary

Capital Bank N.A. is seeking a Mortgage Loan Processor to work with loan originators to process mortgage loans and deliver a best-in-class customer experience.

The Processor reviews online applications for accuracy, advises the LO on viability, and gathers documents for underwriting approval. Responsibilities include calculating principal, interest and closing costs, preparing files, verifying information with sources, ordering credit reports and appraisals, and ensuring smooth processing from

Qualifications

• Recent experience in the mortgage industry as an assistant, loan processor or loan officer is required.
• Knowledge of lending terminology and ability/experience speaking with borrowers regarding lending requirements.
• Experience processing conventional, FHA and VA loans.
• Proven customer service ability is required.

Responsibilities

• Calculates principal, interest and closing cost amounts and notifies the borrower accordingly.
• Prepares mortgage loan files by reviewing loan applications and clarifying and/or obtaining additional information.
• Confirms mortgage loan application information by corresponding with verification sources.
• Obtains mortgage loan documentation by ordering credit reports, land surveys, building appraisals, titles and related information.
• Identifies mortgage loan application and documentation problems by highlighting deficiencies and notifying the mortgage loan underwriter and/or mortgage loan supervisor accordingly.
• Processors should be able to disclose new loans, issue COC’s and complete the set up function of their loans.

Skills

Microsoft Office

Communication skills

Tools

Encompass

Job description

Capital Bank N.A. is seeking a Mortgage Loan Processor to work with loan originators to process mortgage loans and deliver a best-in-class customer experience.

The Processor reviews online applications for accuracy, advises the LO on viability, and gathers documents for underwriting approval. Responsibilities include calculating principal, interest and closing costs, preparing files, verifying information with sources, ordering credit reports and appraisals, and ensuring smooth processing from