Remote Sr, Loan Processor, Wholesale,

Lensa; Concord (NH); Remote; USD 58,000 - 70,000; Full time

Job summary

A leading company is seeking a Loan Processor to join their remote team. The role involves reviewing loan applications, ensuring compliance with guidelines, and collaborating with various departments. Candidates should have at least three years of loan processing experience and strong organizational skills. The position offers comprehensive benefits and opportunities for career advancement.

Benefits

Comprehensive Healthcare Plans

401(k) Match

Employee Discounts

Training Programs

Referral Bonuses

Educational Reimbursement

Qualifications

• At least three years of loan processing experience required.
• Thorough knowledge of mortgage loan processing and underwriting guidelines.

Responsibilities

• Review loan submissions and verify data collected by Brokers.
• Ensure compliance deadlines are met for disclosures and approval letters.
• Communicate with external parties to resolve issues.

Skills

Customer Service

Organizational Skills

Communication

Confidentiality

Education

High School Diploma

Tools

Microsoft Office

Encompass

AUS Tools

Job description

1 day ago Be among the first 25 applicants

Lensa is the leading career site for job seekers at every stage of their career. Our client, Carrington, is seeking professionals. Apply via Lensa today!

Come join our amazing team and work Remote!

Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards, and ensuring completeness of submission. Obtain necessary information (loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations. The target pay range for this position is $58,000.00 to $70,000.00.

What You’ll Do

• Receive and review loan submissions, monitor incoming documents, and verify data collected by Brokers.
• Obtain necessary information (loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files.
• Organize and input loan information received into the company’s Loan Origination System (LOS).
• Maintain open files, order appraisals, send verifications, and acquire documentation related to Borrower and property.
• Ensure the quality and compliance of work with company policies, procedures, and investor guidelines.
• Ensure that all loans are processed to meet company and investor guidelines.
• Communicate with external parties such as Escrow Officers, Title Officers, Realtors, and Appraisal Management Companies to resolve issues.
• Coordinate with internal departments like Sales Management, Underwriting, and Funding to resolve issues.
• Inform relevant parties about discrepancies and the status of the loan.
• Review and evaluate credit information to determine acceptability for loan programs.
• Pull or verify credit reports and flood certificates as needed.
• Submit completed files for underwriting approval.
• Obtain and clear stipulations prior to docs and funding.
• Ensure compliance deadlines are met for disclosures, approval letters, and notices.
• Process 4506T, lock confirmations, and Change of Circumstance requests.
• Monitor pipeline to ensure timely funding of loans.
• Assist Post Closing Department with loan purchases into the secondary market.

What You'll Need

• Maintain confidentiality of borrower information.
• Thorough knowledge of mortgage loan processing and underwriting guidelines.
• Excellent computer skills, especially Microsoft Office.
• Strong customer service and organizational skills.
• Effective communication skills, both verbal and written.
• Ability to handle detailed tasks and prioritize workload.
• High School diploma or equivalent work experience.
• At least three years of loan processing experience required.
• Experience with Encompass/Empower and AUS tools preferred.

Our Company

Carrington Mortgage Services-Wholesale Lending, part of The Carrington Companies, provides access to a variety of loan programs for third-party originators, brokers, and financial institutions.

What We Offer

• Comprehensive healthcare plans and a 50% match on the first 4% of 401(k) contributions.
• Employee discounts on fitness, dining, retail, and more.
• Training programs for career advancement.
• Referral bonuses and educational reimbursement.
• Community involvement through the Carrington Charitable Foundation.

We are an equal opportunity employer and provide accommodations for applicants with disabilities.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Finance and Sales
• Industries: IT Services and IT Consulting

Referrals increase your chances of interviewing at Lensa by 2x.