Senior Loan Processor (Spanish Speaking Required)

loanDepot; United States; On-site; USD 30,472 - 49,676; Full time

Benefits offered by this job

Aggressive compensation package

Comprehensive benefits package including Medical/Dental/Vision

Wellness program

Generous paid time off

Tuition reimbursement opportunities

Job summary

loanDepot is seeking an experienced Loan Processor to manage loan applications and ensure timely closings. The ideal candidate will have at least 5 years of loan processing experience, knowledge of FHA/VA products, and proficiency in Automated Underwriting (DU). Bilingual Spanish is a must. This position offers a competitive compensation package, a collaborative environment, and growth opportunities within a digital-first mortgage company dedicated to customer service.

Qualifications

• 5+ years loan processing experience required.
• Experience with FHA and VA products necessary.
• Proficiency in Automated Underwriting (DU) mandatory.
• Fluency in Spanish is required.

Responsibilities

• Review loan files and determine required documentation.
• Communicate with internal and external customers promptly.
• Manage loans and prioritize daily workflow efficiently.
• Consult with Loan Processing Manager on loan status and workflow.

Skills

Loan processing experience

FHA/VA product experience

Automated Underwriting (DU)

Bilingual (fluent in Spanish)

Education

High school diploma or GED

Job description

Position Summary:

Loan Processors will work independently processing both conventional and government products. They will examine and evaluate approval of customer applications for real estate loans and will be responsible for the closing of loans in a timely manner.

Responsibilities:

• Review loan files and determine what documentation is required to meet investor guidelines
• Communicate and respond to internal customers (Loan Consultants, Processing Managers) and external customers (borrowers, 3rd party vendors) generally within 2 hours
• Utilize pipeline reports to effectively manage loans and prioritize daily workflow
• Become proficient with document management system and update all information appropriately and accurately in system
• Consult with Loan Processing Manager weekly on loan status and prioritizes workflow accordingly
• Maintains current knowledge of guidelines and loan programs
• Requests, organizes, and processes loan documentation and independently submitting files to Underwriting monthly
• Successfully manage a full pipeline, month over month
• Consistently hit monthly funding requirements based on pipeline size and current market conditions

Requirements:

• 5+ years loan processing experience required
• FHA/VA product experience required
• Automated Underwriting (DU) experience required
• Purchase processing experience preferred
• High school diploma or general education degree (GED) required
• Bilingual: fluent in Spanish required

Why work for #teamloanDepot:

• Aggressive compensation package based on experience and skillset
• Inclusive, diverse and collaborative culture where people from all backgrounds can thrive
• Work with other passionate, purposeful and customer-centric people
• Extensive internal growth and professional development opportunities including tuition reimbursement
• Comprehensive benefits package including Medical/Dental/Vision
• Wellness program to support both mental and physical health
• Generous paid time off for both exempt and non-exempt positions

About loanDepot:

loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.

Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $22.12 and $36.06/hr. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.