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Mortgage Loan Processor

Latitude, Inc. Rockville, MD, USA

Employment Type

Other

Our local credit union is currently experiencing rapid growth. We are interested in expanding our capacity to provide mortgage loans to home buyers, and we are looking for an experienced Loan Processor to join our team. The successful applicant will be responsible for accurately managing residential and commercial real estate loan documentation through our established systems, and reviewing it to ensure it is completed in full and complies with current banking regulations and policies. We encourage all who are qualified and want to work with a dynamic and highly productive team to apply.

Responsibilities and duties

  • Review initial loan approval and work with borrower to gather appropriate documentation
  • Collect all required documentation for the loan package
  • Create a loan submission package for the Underwriting department
  • Submit files to assigned Underwriter
  • Satisfy all conditions when received from Underwriter
  • Ensure that approval falls within the established lending guidelines
  • Communicate with other professionals, including attorneys, county clerks and title companies

Qualifications and Skills

  • Bachelor's Degree in Finance or related field
  • 2+ years' FHA loan processing experience
  • Basic knowledge of underwriting terminology
  • Strong attention to detail and accuracy
  • Effective written and verbal communication skills
  • In-depth knowledge of the real estate industry and current trends

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Posted date: 12 days ago

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