Senior Loan Processor

Jobtailor; Dallas (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

Jobtailor in Dallas is seeking an experienced Mortgage Processor to review borrowers’ credit, assemble complete loan packages, and ensure underwriting readiness. You will verify documents, communicate with originators and underwriters, and maintain accurate logs and disclosures.

Responsibilities include managing loan pipelines, preparing approvals, and coordinating with vendors. A minimum of 5 years in residential mortgage processing and Encompass experience are required, with strong math and

Qualifications

• Minimum 5 years’ residential mortgage processing experience.
• Working knowledge of RESPA regulations.
• Knowledge of mortgage and consumer lending regulations including Regulation Z and Regulation B.
• Encompass experience
• Excellent math and analytical skills
• Excellent communication skills
• Ability to prioritize and meet deadlines
• Availability to work varying hours and overtime if needed
• High School Diploma or Equivalent

Responsibilities

• Review and analyze borrowers’ credit, employment, income, and assets before underwriting submission
• Assemble complete loan packages in proper underwriting order
• Verify required documentation and complete loan checklists
• Verify application completeness and accuracy and identify potential underwriting issues
• Prepare loan approval summaries, Forms 1008 and 1003, and verify document accuracy
• Communicate with loan originators, customers, and underwriters to obtain required documentation
• Review loans for compliance with mortgage regulations and prepare required disclosures
• Obtain property surveys, flood certificates, title commitments, and payoff information from vendors
• Verify vendor orders, invoices, and applicant e-file documentation
• Manage the loan pipeline and submit reports within turnaround times
• Assist with loan setup
• Document loan-application communications in the conversation log
• Train and help supervise new loan processors and other processing personnel
• Assist closing, secondary marketing, and loan servicing with clearing investor suspense items

Skills

Analytical skills

Math skills

Communication

Prioritization

Team supervision

Education

High School Diploma or Equivalent

Tools

Encompass

Job description

• Review and analyze borrowers’ credit, employment, income, and assets before underwriting submission
• Assemble complete loan packages in proper underwriting order
• Verify required documentation and complete loan checklists
• Verify application completeness and accuracy and identify potential underwriting issues
• Prepare loan approval summaries, Forms 1008 and 1003, and verify document accuracy
• Communicate with loan originators, customers, and underwriters to obtain required documentation
• Review loans for compliance with mortgage regulations and prepare required disclosures
• Obtain property surveys, flood certificates, title commitments, and payoff information from vendors
• Verify vendor orders, invoices, and applicant e-file documentation
• Manage the loan pipeline and submit reports within turnaround times
• Assist with loan setup
• Document loan-application communications in the conversation log
• Train and help supervise new loan processors and other processing personnel
• Assist closing, secondary marketing, and loan servicing with clearing investor suspense items

Requirements

• High School Diploma or equivalent
• Minimum of 5 years’ residential mortgage processing experience
• Working knowledge of RESPA regulations
• General knowledge of mortgage and consumer lending regulations, including Regulation Z and Regulation B requirements
• Knowledge of loan documents preferred
• Excellent math and analytical skills
• Excellent communication skills
• Ability to prioritize and meet deadlines
• Availability to work varying hours and overtime if needed
• Encompass experience

Core Competencies

Demonstrates expertise in residential mortgage processing, including compliance with RESPA regulations and proficiency in Encompass software. Strong analytical and communication skills are essential for managing loan documentation and ensuring accuracy throughout the underwriting process.

Highest-signal resume keywords

• Residential Mortgage Processing Experience
• RESPA Regulations Knowledge
• Encompass Experience
• Excellent Math Skills
• Excellent Communication Skills

ATS Optimization Keywords

Hard Skills

• Loan Document Preparation
• Loan Package Assembly
• Application Verification
• Loan Approval Summaries
• Compliance Review
• Loan Pipeline Management
• Documentation Verification
• Analytical Skills

Soft Skills

• Communication Skills
• Ability to Prioritize
• Team Supervision

Certifications & Qualifications

• High School Diploma or Equivalent

Industry Keywords

• Mortgage Regulations
• Regulation Z
• Regulation B
• Loan Processing
• Consumer Lending

Tools & Technologies

• Encompass