Remote Sr, Loan Processor, Wholesale,

Lensa; Washington (District of Columbia); Remote; USD 58,000 - 70,000; Full time

Job summary

Join a leading company as a Senior Loan Processor in Washington, DC, working remotely. You will be responsible for quality loan processing and ensuring compliance with underwriting standards. The role requires strong organizational skills and at least three years of experience in loan processing. Enjoy a comprehensive benefits package, including healthcare and 401(k) matching.

Benefits

Comprehensive healthcare plans

50% match on 401(k) contributions

Employee discounts on fitness, dining, retail

Training programs for career advancement

Referral bonuses

Educational reimbursement

Qualifications

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

Responsibilities

• Review loan submissions and verify data collected by Brokers.
• Communicate with external parties to resolve issues.
• Process loans to meet company and investor guidelines.

Skills

Customer Service

Organizational Skills

Effective Communication

Education

High School diploma or equivalent

Tools

Microsoft Office

Encompass/Empower

DU

LP

Job description

2 days 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. Obtains necessary information (i.e., 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, 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 and review 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 for acceptability.
• Verify credit reports and flood certificates as needed.
• Submit completed files for underwriting approval.
• Obtain and clear stipulations 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 related to secondary market purchases.

What You'll Need

• Maintain confidentiality of borrower information.
• Thorough knowledge of mortgage loan processing and underwriting guidelines.
• Proficiency in Microsoft Office and office equipment.
• Strong customer service and organizational skills.
• Effective communication skills.
• Ability to handle detailed tasks and prioritize workload.
• High School diploma or equivalent.
• At least three years of loan processing experience.
• Experience with Encompass/Empower preferred.
• Experience with DU, LP, or other AUS preferred.

Our Company

Carrington Mortgage Services-Wholesale Lending is part of The Carrington Companies. We provide access to various loan programs and low down payment options. Join our team of talented professionals as we transform residential real estate. More info at: 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 Carrington Charitable Foundation.

Carrington is an equal opportunity employer and provides reasonable 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

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