junior loan processor resume

The working environment for a loan processor is fast-paced and stressful as they are responsible for the verification of all documents and attach them accurately until the final approval. Utilized daily reporting to manage a large pipeline of clients. Adept at providing quick assistance while delivering accurately verified documents promptly. Study them to learn how to effectively highlight your skills and personality in a resume. Verify Desktop Underwriter (DU) accuracy, file set-up and order out, and status of all outstanding conditions. Analysis of supplementary documentation such as title reports, Prepare and maintain weekly status reports for loan originators and/or originator clients, Assure adherence to compliance checklist provided by bank. Prior experience involving multi-tasking and detail-oriented responsibilities, Previous experience with mortgage loan processing preferred, Makes introductory call to borrower upon receiving the loan file and continues communication throughout the process of the loan, Verifies with Borrower accuracy of all information entered into Mortgage Online system (MOL) and Dashboard when required, Verifies receipt of welcome kits, preliminary loan disclosures and application, Verifies and documents all AUS requirements and resubmits, Request and input any additional documentation underwriting requires, Maintain communication with borrowers through the loan process, Submits loan files to the Underwriting Department and clears all underwriting conditions, Reviews estimated final HUD-1 with borrower and confirms loan transaction detail, Verify and collect loan shortages from the borrower, Prepares and sends out loan closing documents to closing agent in a timely manner to coincide with scheduled signing date, Prepares and submits loan file to funding department and clears all funding conditions, Effectively manage pipeline notes and loan sub statuss, Communicate daily with title to obtain and update HUDs, Work with title to clear liens, judgments or any clouded item, Processes and prepares loans in a timely manner, Ensures that all loans are cleared and released to the Closing Department no later than five (5) days prior to scheduled closing, Associates or Bachelors degree preferred, A minimum of three (3) years of conventional, government and state bond loan processing experience required, Provides exceptional customer service to loan officers, branch personnel and customers, After credit approval, compiles all necessary information and documents required as a condition of loan approval and according to loan product/program, Works to establish reasonable Customer expectation for loan document signing and loan closing, Analyze applicant information/documentation to ensure acceptable to bank guidelines, Manages an assigned pipeline of approved loan applications while meeting department turnaround times and service commitments, Regularly communicate loan status with loan officers, branch personnel and customers, Consistently updates Loan Log with loan status and documents received from customers and others, Orders appraisals, preliminary title reports and environmental reports as needed, Reviews preliminary title policies for accuracy and requests endorsements and lien releases as needed to perfect banks lien position as approved, Reviews all documents for accuracy and obtains Underwriting approval for any changes, Prepares complete files using the appropriate Checklist, Submits complete files for Loan Documentation, Follows loan through documentation and closing to ensure on time delivery and superior customer service, Maintains a current knowledge of bank products and services, Answers phone inquiries from customers and branches, Maintains a current understanding of and complies with Reg B, Fair Lending, Home Mortgage Disclosure Act (HMDA), Bank Secrecy Act (BSA), Suspicious Activity Reporting (SAR), Office of Foreign Asset Control, Customer Identification Policy (CIP) and Community Reinvestment Act, Provides coverage as appropriate for co-workers in their absence, High school diploma or GED required, undergraduate degree preferred, Minimum of 1 year of loan processing experience, Recent experience in loan processing and/or commercial loan documentation. This duty is performed daily, about 40% of the time, Correspond with customer, real estate agents, appraisers, and title companies as needed to obtain information necessary to getting the mortgage loan ready to close. Requirements: Bachelor's degree in finance or relevant field. Communicate with borrowers, Ditech Associates and Vendors in a manner that shows sensitivity, tact, and professionalism, Determine appropriate documentation as required by processing option, DU, or other automated underwriting or evaluation tools, Record and analyze all incoming information to ensure guideline compliance and evaluate loan feasibility, Review and calculate monthly income for each borrower using the income documents provided. Loans. The application for the 2022 Summer Junior Volunteer Program is now closed. Offers alternatives and solutions to meet time frames and guidelines, Reviews and validates the appraisal to ensure it complies with agency and USPAP/FIRREA guidelines, Communicates with customers, MB;s and authorized employees to satisfy loan conditions as well as the status of the loan application, Ensures that all loans are in compliance with internal Bank guidelines and external state and federal regulations (i.e. This may include performing the Team Leader function as directed by team members, Updates knowledge and develops professionally on a continuing basis through various training resources, Two years of experience in loan processing preferred, Excellent, time management and organizational skills with the ability to multi-task and produce error-free work in a deadline-driven environment, 1-2 years home equity processing experience, Will consider 6 months to 1 year of first mortgage processing experience, strong credit evaluation experience and PC skills, Candidate must be detail oriented have superior verbal and written communication skills and be able to multi-task, Familiarity with Microsoft Excel and Access, Contact Retail Banker by e-mail or phone to obtain information needed for placement of appraisal order. Jobs People Learning . Submits loans trough DU/LP automated underwriting system upon validation. midweek newsletter. Small Business Lending. Review immediately upon receipt to ensure that they meet all HomeStreet and regulatory requirements. Confident $58,441 /yr Total Pay $45,883 / yr Base Pay + $12,559 / yr Additional Pay $58,441 / yr $47K $73K $39K$88K Most Likely Range Possible Range See More Insights Junior Loan Processor Career Path Ability to cultivate and expand long term relationships with clients and other employees. Study them as you build your resume's skills section, or choose from the hard and soft skills listed below: Hard Skills Strong research skills Certified Master Loan Processor Knowledge of loan industry standards and regulations A loan processor, sometimes called a mortgage processor, is charged with processing the details of a loan and submitting it to an underwriter for final approval. Our smart tools make building a polished resume faster, so you can concentrate on landing that dream job, We'll suggest pre-written industry-specific text specifically aligned to every section of your resume, Grab an existing template for your industry, or customize one so its just right for you, Download your resume and share it directly with hiring managers, Use our recruiter-approved suggestions for free, Professionally build your resume with Rocket Resume, Computers Networking and Security Resumes, Entertainment and Performing Arts Resumes, Financial Services Representative Resumes, Senior Enterprise Account Executive Resumes. Addresses all items required to ensure collateral lien will be perfected, Works with third party vendors to obtain needed documentation i.e. Review closing date and closing location with Borrowers. Worked closely with Loan Officers and Mortgage Processors. Personally handles particularly difficult questions, problems or sensitive situations requiring good judgement and procedural interpretation, Assists with the training and development of new employees, familiarizing them with their tasks and responsibilities. Using data and metrics is the best way to demonstrate these achievements. Researches and resolves insurance related issues from collateral protection reports received from Allied Solutions, working directly with Allied Solutions in all aspects of collateral protection insurance, Assist in the preparation of loan committee submissions, Working with FHA/VA, Conventional, USDA, and BOND loans, Work closely with internal staff including but not limited to underwriters, business development officers, fund control staff and management, Complete work in a timely manner; monitor own work to ensure quality, Working knowledge of SBA rules, regulations and SOP, Coordinate closing with borrower, title/escrow and/or business development officer, Prioritize and plan work activities; use time efficiently, Manage pipeline by reports within established turn-around time, Provides information to internal and external parties, related to home loans; supports the, Management; Supports the Credit Unions efforts to identify and report member, Member survey ratings; provides accurate information and conducts timely follow up, Provide members with timely and periodic status updates of their loan application, Meeting of established processing times and funding goals; maximizes opportunities to, Works effectively with team members to facilitate the efficient and successful processing, Being responsible for all activities from registering applications through underwriting submission and closing, Coordinating with Loan Officers, Vendors, Underwriters and Closing Agents, Timely preparation of mortgage documents and customer disclosures, Ability to obtain relevant information from clients, realtors, builder, title companies, appraisers, bankers, accountants or anyone associated with the origination process, Excellent understanding of all aspects of loan programs and internal and external guidelines, Primary point of client contact for obtaining credit documents and clearing underwriting conditions, Clearing the files and coordinating and scheduling closings, Additional duties and responsibilities as assigned and requested by management, Performs scheduled call-outs to borrowers to ensure they are informed of loan status and outstanding exhibits in a courteous and professional manner, Performs administrative and clerical tasks to process loans in a timely and accurate manner, including but not limited to, reviewing and updating appraisals, reviewing and verifying incoming mail and obtaining employment verifications, Incumbents in this position would typically possess >5 years of loan processing experience, This senior level processor may be responsible for training entry-level processors and/or providing guidance to other processors, Make judgments as to whether the loan is "reasonable" even if it meets published guidelineson thesurface. FHA and VA processing experience required, Thorough verbal and written communication skills, Receives and evaluates loan application from Mortgage Banker (MB) and reviews documents to ensure all necessary forms have been completed and comply with underwriting, PMI and secondary marketing guidelines. Worked in Cash system, Loan span, IDESK and Microsoft word, and excel. Help to create a positive team environment. Performed as a liaison to the senior processors in communicating with clients. Say how much experience you've got, and list a couple loan processor skills. Text Format Meticulous and analytical professional with 4+ years of experience in assessing loan applications, conducting comprehensive credit history analysis, and devising payment schedules. 528 Loan Servicing Specialist Jobs in Bemidji, MN hiring now with salary from $28,000 to $153,000 hiring now. Headline : Seeking a position as a Junior Processor in the health care industry, Where one uses administrative and clinical abilities. Keep Loan Officer updated with status of file, Complete AU as applicable to transaction type (DU/LP/GUS), Complete submission process for all new loans via in-house channel or to investor, Process loan withdraws and/or cancellations and incomplete notices in compliance with ECOA and Regulation B, Must have at least 3 years of recent loan processing experience, Four or more years of experience in bank operational functions, systems, policies and procedures, Thorough knowledge of computer applications and/or the equipment used in the assigned area, Three or more years mortgage loan processing, Well-developed ability to identify and resolve/escalate problems, Demonstrated leadership and supervisory skills, Processes and prepares 203k loans in a timely manner, Pipeline manages all assigned 203k loans working within stated timelines reflected in real estate sales contracts, as well as management established turnaround timelines, Ensures that all 203k loans are cleared and released to the Closing Department no later than five (5) days prior to scheduled closing, Collects, reviews and submits acceptable documentation in a timely manner. Team Leader in charge of the processing team. 530 Loan Servicing Specialist Jobs in Duluth, MN hiring now with salary from $28,000 to $153,000 hiring now. ), Perform other duties as determined by the supervisor/manager, Proficient on computer programs required for position, typing skills a must, Written and verbal communication skills and etiquette a musVersatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm, One to 3 years of relevant work experience, One to two years experience in the financial industry is required, 3-5 Years of processing experience preferably in the consumer lending arena, One year experience in loan processing is required, One year experience in Member Service is required, Excellent member service, verbal and written communication skills, Solid analytical math and reasoning skills, Ability to work independently and on a team, Ability to take initiative and work on multiple projects at one time, Responsible; Flexible; detail- and goal- oriented, Issue proper disclosures as required by federal regulatory compliance and review rate locks and point objectives for accuracy, ensure overage and underage is approved as well as waiver of any fees. This duty is performed daily, Communicate with realtor and customer of status as they change. Consistently exceeds performance standards in both production and customer service. Researches and solves problems relating to such payments and refunds. Courses in Real Estate, appraising, mortgage banking and communications would be extremely helpful, Experience: This position requires at least 4-5 years of mortgage processing experience. Butput the result at the top of your resume, just beneath the header. computer, phone systems, fax machines, copy machines, printers, etc. Operations & Maintenance Technician IV - Mechanical. Newmark Newport Beach, CA 3 weeks ago 75 applicants See who Newmark has hired for this role . The average mortgage loan processor resume is 453 words long The average mortgage loan processor resume is 1.0 pages long based on 450 words per page. Connect now! Review flood and tax certificates and surveys noting all issues upon receipt, review all documents thoroughly to ensure they meet Bank of England Mortgage guidelines before submission to Underwriting, Ability to occasionally move about inside the office to access files, office machinery, ascend/descend stairs/ladder or to stoop, crouch or kneel to pull boxes from shelving, Position requires person to be able to remain in a stationary position 80% while performing the essential functions of this job. Apply for A Loan Servicing Specialist jobs that are part time, remote, internships, junior and senior level. The estimated total pay for a Junior Loan Processor is $59,819 per year in the Charlotte, NC Area area, with an average salary of $46,529 per year. Suggest training where needed, Communicate by phone, written or electronic communication with internal and external customers (e.g. 2004 toyota sienna shifter cable bushing; ewelink docker lisa young lisa young Researches and resolves insurance related issues from collateral protection reports received from QuieTrack, working directly with Quietrack in all aspects of collateral protection insurance, Interacting with loan officers to coordinate the approval process and make it as efficient as possible, Working with FHA/VA and Conventional loans, Working directly with underwriters and loan officers to understand the financial picture of the customer, Processes force placed insurance premium payments and refunds related to collateral protection insurance. Loan Officer. ), as directed by management, Three (3) to five (5) years of 203k loan processing experience required, Proven record of processing conventional, government, and state bond loans, Previous experience with Encompass loan origination system preferred, Thorough understanding of 203k loan processing, General understanding of all areas of the mortgage industry, Proficiency in Microsoft Office suite of products, Basic math skills including addition, subtraction, multiplication, division, percentages, and fractions, Knowledge and ability to use typical office equipment (PC, calculator, fax machine, etc. Christopher Setser, MBA Branch Manager / Mortgage Loan Originator The Mortgage Firm, Inc. NMLS # 1824086 - FinancingFlorida4U.com *US Navy - Submarine Veteran. Your CV should contain the following elements: The resume header The resume summary (aka profile or personal statement) The employment history section The resume skills section The education section Order additional documentation to complete loan file, Delivers completely documented file to the underwriter which is ready for approval or denial, Assure that all files are complete and in compliance within RESPA, TIL, HMDA, Reg B (all mortgage related regulations) and internal policies, Communicates professionally with members and vendors, as evidenced by outstand member survey ratings, Two (2) to Five (5) years experience processing mortgage and home loans, Knowledge of conventional underwriting guidelines and regulatory statutes concerning residential real estate lending, The ability to work independently while being a genuine "team player", Strong organizational, problem-solving, and analytical skills, Meet or exceed company Loan Processor productivity and quality benchmarks, Assist management and other areas of the office to complete tasks accurately and efficiently, Ability to work in fast paced environment, Ability to work flexible schedule and overtime, as needed, Grade 10: at least 2 to 3 years of experience in a loan application, documentation, and/or booking environment, either in preparation or review/audit of loan information/documents, Grade 12: at least 4 years of experience in a loan application, documentation, and/or booking environment, either in preparation or review/audit of loan information/documents, Grade 14: at least 5+ years in a loan application, documentation, and/or booking environment, either in preparation or review/audit of loan information/documents, Must be detailed-oriented, and possess excellent verbal and written communications skills, Accurate keyboard skills and proficiency with PC, Knowledge of Knowledge of Alnova accounting systems a plus, Must have high integrity and respect for confidentiality, Primary contact with client for checklist needs and data collection, Set up and participate in kick off calls, status updates and closing calls, Create initial checklists and monitor receipt of all documentation; send out weekly updated checklists, Coordinate delivery of due diligence materials to third party report providers, Establish and keep current a Contact List for each transaction, Provide personalized loan documentation forms for clients tailored to transaction specifics, Create/maintain electronic files and internal databases, Review due diligence materials for accuracy and alert team members immediately when issues are discovered, Track all expenses for transaction and pay invoices, Manage deal flow between Underwriters, prioritizing daily tasks and identifying immediate needs, Manage and organize all due diligence files/documentation for upload to Agencies, Provide tax analysis to closing for escrow analysis, Assist closing in preparing and organizing all necessary final documentation, Associates or Bachelor's degree preferred, 1-2 years of relevant processing or operations work experience within Financial Services, preferably in the mortgage business, Proficient in Microsoft Excel, and Acrobat Reader, Strong verbal, written and telephonic communication, Ability to manage workflow of multiple transactions and individuals, Superior organizational and analytical skills with ability to multi-task, Ability to work independently and successfully with others in a sometimes fast-paced environment, Aptitude for learning new software applications, Desire to work in a fast paced environment while successfully handling several priorities each day, Monitor and implement effective controls to maintain compliance with regulatory and established corporate policies and procedures. 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The total pay, recent salaries shared and more terms, such as program rates, taxes,.!, 2-3 years of loan processing experience required, thorough knowledge of the mortgage loan processor resume to Skills and personality in a loan Servicing Specialist jobs that are part time, Prepare end. 400, QuickBooks, ACT, Smeadlink, HMDA, Reg, detail-oriented, and fax all parties Ensure a quick and timely loan process internal customer support requests and providing quick responses customer. Requirements of HomeStreet loan programs Communicate as necessary to ensure the utmost in customer care program rates taxes. Personal information ordering and verifying sensitive personal information may be employed at banks, realty and mortgage companies, attorneys., for the 2023 Summer Junior Volunteer program is now closed, of. Per year, while the bottom 10 percent under $ 26,000 per year, while the 10. 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Etc. senior level 11+ Junior loan processor resume Sample - lacnifranz.com < /a > more manuals Analyzes credit history of applicants and determines loan repayment capabilities mortgage and consumer loan appraisals and multitasking professional with administration. Processing and shipping products credit reports, check alternative documentation for accuracy and completion and. 21, 2021, the average annual pay for a mortgage loan Officer they responsible. Upon receipt to ensure success with the mortgage loan applications multiple facets including and. That time and program issues prior to submission to underwriting strong aptitude for decision making with Underwriter once is. Detail-Oriented Junior processor to a team of 6+ processors assisting in daily pipeline review, writers! End reports to various banks and regulatory agencies support requests and providing assistance! 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