Remote Sr, Loan Processor, Wholesale,

Carrington Holding Company, LLC; Indiana; Remote; USD 58,000 - 70,000; Full time

Job summary

An established industry player is seeking a Remote Sr. Loan Processor to join their dynamic team. This role involves ensuring quality loan processing, reviewing files for compliance with underwriting standards, and coordinating with various stakeholders. You'll be responsible for managing loan submissions, maintaining open files, and ensuring timely funding of loans. With a focus on providing excellent customer service and adhering to company policies, this position offers an exciting opportunity to contribute to a company dedicated to helping clients achieve their mortgage goals. Join a forward-thinking organization that values your expertise and offers comprehensive benefits.

Benefits

Comprehensive Healthcare Plans

401(k) Match

Employee Discounts

Training Programs

Referral Bonuses

Educational Reimbursement

Community Involvement Opportunities

Qualifications

• 3+ 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 with company policies and investor guidelines.
• Coordinate with external parties to resolve issues.

Skills

Loan Processing

Underwriting Guidelines

Customer Service

Microsoft Office

Organizational Skills

Effective Communication

Education

High School Diploma or Equivalent

Tools

Encompass/Empower

AUS Platforms

Job description

Join to apply for the Remote Sr, Loan Processor, Wholesale, role at Carrington Holding Company, LLC

Job Description

Come join our amazing team and work remotely!

Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards, and ensuring completeness of submissions. Obtains necessary information (loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files. Performs all duties in accordance with the company’s policies and procedures, as well as all applicable US state and federal laws and regulations. The target pay range for this position is $58,000 to $70,000 annually.

What You’ll Do

1. Receive and review loan submissions, monitor incoming documents, and verify data collected by Brokers.
2. Obtain necessary information to process and complete mortgage loan files.
3. Input loan information into the company’s Loan Origination System (LOS).
4. Maintain open files, order appraisals, send verifications, and acquire documentation related to Borrower and property.
5. Ensure work quality and compliance with company policies, procedures, and investor guidelines.
6. Coordinate with external parties such as Escrow Officers, Title Officers, Realtors, and Appraisal Management Companies to resolve issues.
7. Communicate with internal departments to resolve outstanding issues and inform stakeholders about file status and discrepancies.
8. Review and evaluate credit information to determine acceptability for loan programs.
9. Verify credit reports and flood certificates as needed.
10. Submit completed files for underwriting approval and obtain necessary stipulations.
11. Ensure deadlines are met for disclosures, approval letters, and notices.
12. Process 4506T, lock confirmations, and Change of Circumstance requests.
13. Monitor pipeline to ensure timely funding of loans.
14. Assist with post-closing activities for secondary market purchases.

What You'll Need

1. Maintain confidentiality of borrower information in accordance with privacy policies.
2. Thorough knowledge of mortgage loan processing and underwriting guidelines.
3. Proficiency with Microsoft Office and office equipment.
4. Strong customer service and organizational skills.
5. Effective communication skills, both verbal and written.
6. Ability to handle detailed tasks and prioritize workload.
7. High school diploma or equivalent; at least 3 years of loan processing experience.
8. Experience with Encompass/Empower and AUS platforms preferred.

Our Company

Part of The Carrington Companies, Carrington Mortgage Services-Wholesale Lending provides access to various loan programs, including government and conventional options, with a focus on low credit score and low down payment mortgages. Visit www.carringtonwholesale.com to learn more.

What We Offer

• Comprehensive healthcare plans and a 50% match on the first 4% of your 401(k) contributions.
• Discounts through our employee portal on fitness, dining, retail, and more.
• Training programs for career development.
• Referral bonuses, educational reimbursement, and community involvement through the Carrington Charitable Foundation.