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TalentBridge

Home Loan Processor

TalentBridge, Atlanta, Georgia, United States, 30383

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Title - Home Loan Processor Duration - 3+ months contract Location - Atlanta, GA Essential Functions:

Sort and label documents in a mortgage loan file in a paperless loan origination system.

Review mortgage loan disclosures to confirm compliance and initiate re-disclosure if applicable to ensure loan meets various regulatory requirements.

Submit requests for title reports, flood certificates, condominium questionnaires, appraisals, verifications for employment, and verifications of deposit, from third-party vendors.

Communicate expected mortgage application timelines and deadlines with third-party vendors upon ordering documents.

Initiate follow-up of orders from third-party vendors.

Review documentation such as paystubs, tax returns, credit reports, bank statements, title reports, and appraisals for accuracy and initiates corrections if needed.

Maintain contact and coordinates activities between borrowers, agents, attorneys, and Home Loan Specialists/Consultants throughout the mortgage application approval process via email and telephone.

Develop a strong understanding and keep abreast of Clientand mortgage insurance company guidelines and information related to federal or state mortgage compliance.

Assist the processor with tasks during the processing of home loan applications as needed.

Submit mortgage loan files for underwriting approval and follow up with applicable parties on outstanding loan conditions.

Adverse mortgage loan applications and issue denial and loan cancellation letters, when appropriate.

Other

This description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.

This job description is subject to change at any time.

Position may offer work from home opportunities, pending specific performance and departmental needs.

Required Minimum Qualifications:

High school diploma or equivalent

2+ years' work experience in financial services or related field

This role is subject to SAFE ACT requirements (NMLS)

Ability to competently work in a fast-paced environment coordinating activities with internal staff, members, and third-party vendors

Excellent communication skills, both oral and written

Must possess good analytical and organizational skills, be detail oriented, and able to work independently or in a team environment with minimal supervision

Computer skills with proficiency in MS Word, Excel, and Outlook

Ability to adapt to change

Complies with all policies and procedures including those related to Bank Secrecy Act regulations

Preferred Qualifications:

Bachelor's degree in business or related field

2+ years of mortgage loan processing experience using Client guidelines

Client Desktop underwriter experience

Knowledge of federal regulations including but not limited to: RESPA, HMDA, ECOA, FCRA, FDPA, AND REG Z

Knowledge of mortgage lending programs including FHA, VA, and various industry investor mortgages

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