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Senior Mortgage Processing Lead

Cornerstone Home Lending Lynnwood, WA
  • Posted: 29 days ago
  • Full-Time
  • Benefits: Vision, Medical, Life Insurance, 401k, Dental

Who we are…

We're looking for a Senior Loan Processor to join our Priority Home Lending team, an Affiliate of Cornerstone Home Lending. Priority Home Lending, LLC is a unique mortgage lender partner with John L. Scott Real Estate. Priority Home Lending offers John L. Scott Real Estate’s clients convenient and top-notch service backed with support from one of the nation’s premier non-bank mortgage companies, Cornerstone Home Lending. Cornerstone is a top ten national home lender with a reputation of amazing service, customer satisfaction, on-time closings, employee retention, and happiness. Our mission is to use and improve on our God-given talents to make a difference to the lives of our employees, customers, shareholders and the people who provide services to us.

Our customers nationally rate their experience with Cornerstone at a score of 96 … 6 points higher than all competitors. Additionally, Cornerstone has been recognized by Workplace Dynamics as a “Top 100 Workplace” for the 8th consecutive year. March 1, 2019, marked the beginning of Cornerstone’s 32nd year in the residential lending business, so we have successfully navigated our company through many industry cycles and changes in regulations.

Who we are looking for…

Priority Home Lending, LLC is looking for a Senior Processor Lead to perform all the tasks necessary to process loans accurately, in compliance with the Region 12 File Flow and within deadlines for 100% closing on time while providing processing expertise and mentorship to the PHL Processing Team. The position is full time in our Lynnwood location with working remotely on a limited and exception basis. Salary is based on qualifications and the position includes incentives and full benefits. Relocation costs are not part of the job offer. The incumbent must be licensed in Washington within 30 days of hire. Other state-licensing might be required.

What you'll need to be successful…

Success in this job relies on your experience in processing mortgage loans and your understanding of the residential mortgage loan process from application through selling the loan package to an investor.

· Minimum and recent 5 years as a mortgage loan processor with team lead experience

· A clear and proven understanding of the residential mortgage loan process from application through selling the loan package to an investor.

· Knowledge of FNMA, FHLMC, FHA, & VA underwriting guidelines

· Demonstrated ability to manage, organize, and control activities of a processing team that may be complex in scope

· Ability to be poised and flexible, follow tight deadlines, organize and prioritize while providing regional management updates, as well as necessary escalations

· Proven ability to maintain constant communication between Loan Originator, Borrower, Realtor, Loan Closer and Underwriter.

· Proven ability and demonstrated tactics to close loans on time

· Proven ability to provide support to a team of processors while carrying a pipeline

· Strong data entry skills

· Excellent communication skills

· Experience using Loansoft LOS is a plus

Responsibilities:

· In conjunction with the PHL Processing Manager provides daily operational oversight to the Processing Team to include problem resolution and reporting to ensure on-time and seamless loan processing. Consultation with the Regional Team is expected and advised.

· Assign priorities, establish, track and communicate deadlines for 100% closing on time, and track problem to resolution with urgency while ensuring capacity within the Processing Team is properly assessed.

· The Senior Loan Processor Lead assists the Processing Manager with processor scorecard results to include one on one meetings, reporting, trend analysis and a written/agreed to career progression plan for each PHL processor. This includes gathering processor scorecard KPIs and participating in one on one meetings with the Processing Manager and individual Processor to meet production goals, ensure the use of tools like LoanFly as well as hone skills and implement file flow efficiencies

· Ensure data integrity and accurate tracking via the use of daily management reports and taking appropriate action in conjunction with the Processing Manager.

· With the PHL Processing Manager and, as needed, the Regional Management Team, generate and implement file flow improvements to enhance the Loan Officer, Borrower, Referral Partner, and Processing Team experience. All teams must adhere to the Region 12 File Flow

· Comply/conform to all CHL/PHL Compliance policies, applicable laws, and regulations related to mortgage lending while communicating nuances to the PHL Processing Manager and Processing Team as needed

· With the as requested and with the PHL Processing Manager and/or Regional Team, participate in meetings at the operational and project level

What we offer:

Cornerstone has been setting all-time production records for over a year, and our dedicated support staff makes that growth possible. Because we recognize and reward hard work, we offer a competitive salary, full benefits package, and a performance-based bonus.

What to do next:

If Cornerstone Home Lending sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone family, we'll continue to invest in you as an asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone. It really feels like home.

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Cornerstone Home Lending

Why Work Here?

Stable company with happy team members, check out our Glassdoor reviews!

Non-bank Mortgage Lender with a reputation for on-time closings with stellar customer service.

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