Senior Mortgage Loan Processor

Palm Harbor Homes; Plano (TX); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Competitive Salary

Medical/Dental/Vision Insurance

401K Match

Generous PTO

Life/Disability Insurance

Job summary

CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking a Senior Mortgage Loan Processor to join our Plano office. You will manage a pipeline of residential loans and collaborate with originators, underwriting, and compliance to ensure accurate processing and adherence to investor guidelines.

The Senior Mortgage Loan Processor will contribute to process improvements, train processors, and support a fast-paced

Qualifications

• BA/BS degree required in Marketing, Business, Accounting, Finance or Management.
• Required processing experience with HUD direct endorser and Ginnie Mae mortgage-backed issuer.
• 3+ years of FHA, FNMA and Conventional loan processing experience.
• Experience with VA, Freddie, USDA a plus.
• Strong understanding of Microsoft Office Suite, specifically Excel.

Responsibilities

• Processing residential mortgages – FNMA, FHA and Conventional loans.
• Analyze and evaluate borrower credit, employment, income and asset profile to meet standards before underwriting.
• Review title commitment, appraisal and required disclosures to meet investor guidelines.
• Review and clear all processing loan conditions.
• Collaborate with compliance team to maintain policies in line with regulations.
• Train Mortgage Loan Processors and facilitate pipeline calls with Loan Officers.

Skills

Attention to detail

Organizational skills

Problem solving

Team collaboration

Communication

Education

BA/BS degree in Marketing, Business, Accounting, Finance or Management

Tools

Microsoft Excel

Job description

About The Role

CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking a

• Processing residential mortgages– FNMA, FHA and Conventional loans
• Analyze and evaluate all aspects of borrower credit, employment, income and asset profile ensuring that all bank, investor and regulatory standards are met prior to underwriting submission
• Review title commitment, appraisal and validate required disclosures meet investor guidelines and standards
• Review and clear all processing loan conditions
• Reviews conditions submitted on approved loans, clears conditions when appropriate and submits to Credit Analyst for review and approval
• Comprehensive understanding of investor requirements relating to Manufactured Housing
• Collaborate with the compliance team to maintain compliance policies in accordance with industry regulations
• Ad hoc projects as requested
• Take an active role by making recommendations for continuous process improvement
• Strong attention to detail and accuracy within a fast-paced environment
• Train Mortgage Loan Processors ensuring that team has proper understanding of programs and requirements
• Facilitate pipeline calls with Loan Officers and Mortgage Loan Processors
• Able to effectively problem solve complex issues with rural land surveys, plats, and taxes
• Consistently meets and exceeds individual, team and department objectives
• Perform other duties and special projects as assigned

About The Role

CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking a Senior Mortgage Loan Processor to help grow our Processing Department. This in-person role is in our Plano, TX office. As a Senior Mortgage Loan Processor, you will collaborate with Loan Originators, Loan Processors, Underwriting, Compliance team and other essential departments. The Senior Mortgage Loan Processor will be responsible for managing a pipeline of residential mortgage loans for optimal output and accuracy. The Senior Mortgage Loan Processor will assist in contributing to the continuous improvement of processes with a focus on our borrowers and retail partners.

Essential Duties & Responsibilities

• Processing residential mortgages– FNMA, FHA and Conventional loans
• Analyze and evaluate all aspects of borrower credit, employment, income and asset profile ensuring that all bank, investor and regulatory standards are met prior to underwriting submission
• Review title commitment, appraisal and validate required disclosures meet investor guidelines and standards
• Review and clear all processing loan conditions
• Reviews conditions submitted on approved loans, clears conditions when appropriate and submits to Credit Analyst for review and approval
• Comprehensive understanding of investor requirements relating to Manufactured Housing
• Collaborate with the compliance team to maintain compliance policies in accordance with industry regulations
• Ad hoc projects as requested
• Take an active role by making recommendations for continuous process improvement
• Strong attention to detail and accuracy within a fast-paced environment
• Train Mortgage Loan Processors ensuring that team has proper understanding of programs and requirements
• Facilitate pipeline calls with Loan Officers and Mortgage Loan Processors
• Able to effectively problem solve complex issues with rural land surveys, plats, and taxes
• Consistently meets and exceeds individual, team and department objectives
• Perform other duties and special projects as assigned

Position Requirements, Capabilities & Skills

• Strong writing skills with expertise in proper English grammar, spelling, and punctuation
• Strong attention to detail and accuracy
• Ability to identify and resolve problems in a timely manner
• Strong organization and time management skills with the ability to multi-task
• Effective decision-making, customer service and problem-solving skills
• Ability to strategize and prioritize efforts to achieve goals
• Strong research and critical thinking skills
• Strong interpersonal skills and ability to work well with a wide range of people
• Ability to read and interpret published rules and regulations
• Positive & professional demeanor
• Self-starter with strong organizational skills
• Highly organized, consistent, and solutions focused
• Employ a strong sense of urgency and ownership in all activities
• Self-motivated with the ability to work independently
• Ability to work effectively in a team environment

Minimum Qualifications

• BA/BS degree required in Marketing, Business, Accounting, Finance or Management
• Required processing experience with a HUD direct endorser and Ginnie Mae mortgage-backed issuer
• 3+ years of FHA, FNMA and Conventional loan processing experience
• Experience with VA, Freddie, USDA a plus
• Strong understanding of Microsoft Office Suite, specifically Excel

WE OFFER

• Competitive Salary
• Medical/Dental/Vision Insurance
• Paid Holidays
• 401K Match
• Generous PTO
• FSA/HSA Plans
• Life /Disability/Accidental Insurance and much more!

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time. Local candidates only - relocation not available.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Cavco Industries and CountryPlace Mortgage are committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.