Remote Sr, Loan Processor, Wholesale,

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

Job summary

A leading company in the finance sector is seeking a Loan Processor to join their remote team. The role involves reviewing loan submissions, ensuring compliance with guidelines, and communicating with various stakeholders. Ideal candidates will have a strong background in mortgage processing, excellent organizational skills, and the ability to handle detailed tasks efficiently. Join a dynamic team and enjoy comprehensive benefits, including healthcare and 401(k) matching.

Benefits

Comprehensive healthcare

401(k) contributions match

Discounts on fitness, dining, retail

Customized training programs

Referral bonuses

Qualifications

• 3+ years of loan processing experience required.
• Thorough knowledge of mortgage processing and underwriting guidelines.

Responsibilities

• Review loan submissions and verify data collected by Brokers.
• Communicate with external parties to resolve issues.
• Submit files for underwriting approval.

Skills

Customer Service

Organizational Skills

Effective Communication

Education

High School diploma or equivalent

Tools

Microsoft Office

Encompass/Empower

Job description

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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 remotely!

Responsible for providing quality loan processing, reviewing files for adherence to underwriting standards, and ensuring completeness of submissions. Obtain necessary information (i.e., 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, where the company operates. The target pay range for this position is $58,000 to $70,000.

What You’ll Do

• Review loan submissions, monitor incoming documents, and verify data collected by Brokers.
• Obtain necessary information to process and complete mortgage loan files.
• 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 complies 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.
• Inform relevant parties about discrepancies and loan status.
• Evaluate credit information to determine acceptability for loan programs.
• Verify credit reports and flood certificates as needed.
• Submit files for underwriting approval.
• Obtain stipulations to clear prior to docs and funding.
• Meet deadlines for disclosures, approval letters, and notices.
• Process 4506T, lock confirmations, and Change of Circumstance requests.
• Monitor pipeline for timely funding.
• Assist with post-closing activities for secondary market purchases.

What You'll Need

• Maintain confidentiality of borrower information according to privacy policies.
• Thorough knowledge of mortgage processing and underwriting guidelines.
• Proficiency with Microsoft Office and office equipment.
• 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; 3+ years of loan processing experience.
• Experience with Encompass/Empower and AUS systems preferred.

Our Company

Carrington Mortgage Services-Wholesale Lending is part of The Carrington Companies. We provide access to various loan programs and financing options. Join our team of talented professionals and help us transform residential real estate. More info at: www.carringtonwholesale.com

What We Offer

• Comprehensive healthcare for you and your family, with a 50% match on the first 4% of 401(k) contributions.
• Discounts on fitness, dining, retail, and more.
• Customized training programs for career advancement.
• Referral bonuses and educational reimbursement.
• Community involvement through the Carrington Charitable Foundation.

Carrington is an equal opportunity employer and provides 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