Remote Sr, Loan Processor, Wholesale,

Lensa; Saint Paul (MN); Remote; USD 58,000 - 70,000; Full time

Job summary

Join a leading mortgage services company as a Loan Processor, where you'll be responsible for ensuring quality loan processing and compliance with underwriting standards. This remote position offers a competitive salary range of $58,000 to $70,000. Ideal candidates will have strong organizational and communication skills, along with a solid understanding of mortgage processing. Enjoy benefits like healthcare plans, 401(k) matching, and educational reimbursement.

Benefits

Healthcare Plans

401(k) Match

Discounts

Training

Referral Bonuses

Educational Reimbursement

Community Involvement

Qualifications

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

Responsibilities

• Review loan submissions and monitor incoming documents.
• Gather necessary information to process mortgage loan files.
• Ensure compliance with company policies and investor guidelines.

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 Remote!

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

• Review loan submissions, monitor incoming documents, and verify data collected by Brokers.
• Gather necessary information to process 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 quality and compliance with company policies, procedures, and investor guidelines.
• Process loans to meet company and investor guidelines.
• Communicate with external parties (Escrow Officer, Title Officer, Realtor, etc.) to resolve issues.
• Coordinate with internal departments to resolve outstanding issues.
• Inform relevant parties about discrepancies and loan status.
• Evaluate credit information and 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 to ensure timely funding.
• Assist Post Closing Department as needed.

What You'll Need

• Maintain confidentiality of borrower information.
• Thorough knowledge of mortgage processing and underwriting guidelines.
• Proficiency in Microsoft Office and office equipment.
• Strong customer service and organizational skills.
• Effective communication skills, both verbal and written.
• Ability to handle detailed tasks and meet deadlines.
• High School diploma or equivalent; 3+ years of loan processing experience.
• Experience with Encompass/Empower, DU, LP, or other AUS preferred.

Our Company

Carrington Mortgage Services-Wholesale Lending is part of The Carrington Companies, providing access to various loan programs and financing options. Join our talented team and help transform residential real estate. Visit: www.carringtonwholesale.com

What We Offer

• Healthcare plans, 401(k) match, discounts, training, referral bonuses, educational reimbursement, and community involvement through Carrington Charitable Foundation.

We are an equal opportunity employer, considering all qualified applicants without discrimination. Reasonable accommodations will be made for individuals with disabilities.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance and Sales

Industries

• IT Services and IT Consulting