Remote Sr, Loan Processor, Wholesale,

Lensa; Raleigh (NC); Remote; USD 58,000 - 70,000; Full time

Job summary

Join a leading mortgage services company as a Loan Processor in a remote role. You'll be responsible for processing mortgage loans, ensuring compliance with guidelines, and maintaining communication with various stakeholders. This position offers a competitive salary range of $58,000 to $70,000 and comprehensive benefits including healthcare and 401(k) matching.

Benefits

Comprehensive healthcare plans

401(k) matching

Employee discounts

Training programs for career advancement

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

• Process and complete mortgage loan files.
• Communicate with external parties to resolve issues.
• Ensure compliance with company policies and investor guidelines.

Skills

Organizational Skills

Communication Skills

Customer Service Skills

Confidentiality

Education

High School diploma or equivalent

Tools

Microsoft Office

Encompass/Empower

Automated Underwriting Engines

Job description

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Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards, and ensuring completeness of submission. 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, procedures, and all applicable US state and federal laws and regulations. The target pay range for this position is $58,000 to $70,000.

What You’ll Do

• Receive and review loan submissions, monitor incoming documents, and verify data collected by Brokers.
• Obtain necessary information to process and complete mortgage loan files.
• Organize and input loan information into the company’s Loan Origination System (LOS).
• Maintain open files, order appraisals, send verifications, and acquire documentation related to Borrower and property.
• Ensure work quality and compliance with company policies, procedures, and investor guidelines.
• Process loans 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 to resolve outstanding issues and inform relevant parties about loan statuses.
• Review and evaluate credit information to determine acceptability for loan programs.
• Verify credit reports and flood certificates as needed.
• Submit completed files to Underwriting for approval.
• Obtain and clear stipulations prior to document issuance and funding.
• Meet deadlines for disclosures, approval letters, and denial notices.
• Process 4506T, lock confirmations, and Change of Circumstance requests.
• Monitor pipeline to ensure timely loan funding.
• Assist Post Closing Department with secondary market purchases as needed.

What You'll Need

• Maintain confidentiality of borrower information in accordance with company policies.
• Thorough knowledge of mortgage loan processing and underwriting guidelines.
• Strong computer skills, especially with Microsoft Office.
• Excellent organizational, communication, and customer service skills.
• Ability to handle multiple tasks and meet deadlines.
• High School diploma or equivalent; 3+ years of loan processing experience.
• Experience with Encompass/Empower and Automated Underwriting Engines such as DU or LP is preferred.

Our Company

Carrington Mortgage Services-Wholesale Lending is part of The Carrington Companies. We provide access to various loan programs for third-party originators, mortgage brokers, and financial institutions. Join our team of talented professionals as we transform residential real estate. Visit: www.carringtonwholesale.com

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 reasonable accommodations for qualified applicants with disabilities.

Additional Details

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