Residential Mortgage Loan Processor

CrossCountry Mortgage, LLC; Prescott (AZ); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401K

Job summary

CrossCountry Mortgage, LLC is seeking a detail‑oriented Loan Processor in Prescott, AZ to provide quality customer service by gathering and organizing documentation to support underwriting. You will work with customers, Loan Officers, and underwriters to ensure complete, accurate loan files and timely disclosures.

The ideal candidate has at least 5 years of residential mortgage processing experience, proficiency with Encompass, and a solid understanding of RESPA, Regulation Z and B, DU/LP, and

Qualifications

• High School Diploma or equivalent.
• Minimum of 5 years’ residential mortgage processing experience.
• Experience with Encompass.
• Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including Regulation Z and Regulation B.
• Knowledge of DU, LP, Microsoft Office, and Windows.

Responsibilities

• Perform a thorough review and analysis of borrower’s credit, employment, income, and assets as required by the loan program before submitting to underwriting.
• Assemble the complete loan package in proper order for underwriting.
• Verify all required documentation (pre-underwrite) in the file.
• Complete the required loan checklist.
• Verify that an application is complete and accurate; identify any potential issues that may arise in underwriting.
• Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on the documents; communicate directly with the Loan Originator, customer, and Underwriter to obtain initial and any missing documentation required to qualify for the loan.
• Review loans for compliance with all mortgage‑related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures.
• Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information.
• Verify that vendor orders are complete, invoices are received and in the applicant’s E‑file.
• Manage pipeline by completing and submitting reports within allotted turn‑around times.
• Assist set‑up of loans.
• Document all communication related to the loan application in the conversation log.
• Train and assist supervision of new Loan Processors and other processing personnel.
• Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage investors.
• Available to work varying hours and overtime if needed.

Skills

Excellent communication

Time management

Analytical skills

Math skills

Education

High School Diploma

Tools

Encompass

DU/LP

Microsoft Office

Job description

CrossCountry Mortgage, LLC is seeking a detail‑oriented Loan Processor in Prescott, AZ to provide quality customer service by gathering and organizing documentation to support underwriting. You will work with customers, Loan Officers, and underwriters to ensure complete, accurate loan files and timely disclosures.

The ideal candidate has at least 5 years of residential mortgage processing experience, proficiency with Encompass, and a solid understanding of RESPA, Regulation Z and B, DU/LP, and