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Branch Mortgage Loan Processor

Company: Cornerstone First Mortgage
Location: Las Vegas
Posted on: June 12, 2021

Job Description:

Job Description

The Mortgage Loan Processor is responsible for Pre-Underwriting a file to identify problem areas before submission to UW. The Loan Processor will provide support and act as a liaison between the loan officer and underwriter, and other parties involved. Remote opportunities available!

Essential Functions:

  • Working closely with the LO/LOA /Underwriters.
  • Working closely with Escrow Officers and Title Officers
  • Manage pipeline in a timely and efficient manner.
  • Verify that all initial disclosures are signed/dated
  • Building a complete file of information and collecting necessary documents identifying various loan types, forms, documents, and supporting data
  • Analyzing a credit report asking and getting answers regarding derogatory accounts, collections, etc.
  • Pre-Underwrite file to identify problem areas prior to submission to UW.
  • Filing docs in an organized manner and deleting any/all unnecessary docs.
  • Submitting complete file to Underwriters with notes.
  • Collecting Conditions and Resubmit for Final Approval
  • Ordering Loan Docs and work with closely with Funder to close loan

Requirements:

  • Proven working experience in a Loan Processor role
  • Comprehension of direct/indirect lending procedures
  • In-depth understanding of relevant rules and regulations
  • Excellent communication and sales skills
  • Balance between customer satisfaction orientation and a results-driven approach
  • Must have experience in calculating borrower's income

Benefit Eligibility:

Cornerstone First Mortgage offers a comprehensive benefits package, including medical, dental, and vision plans, 401k match after 6 months of service, and paid time off.

Equal Employment Opportunity:

Cornerstone First Mortgage is proud to be Equal Opportunity Employers committed to creating a diverse and inclusive workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, veteran status, or other legally protected classifications. #ZR

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Company Description

Cornerstone First Mortgage is a full-service mortgage bank headquartered in San Diego, California. Functioning as both the mortgage banker and broker, all aspects of the loan process (underwriting, funding and processing) are offered in-house
NMLS# 173855

Keywords: Cornerstone First Mortgage, Las Vegas , Branch Mortgage Loan Processor, Other , Las Vegas, Nevada

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