Bilingual Residential Mortgage Loan Processor
Philadelphia Staffing, Phila, Pennsylvania, United States, 19117
Bilingual Residential Mortgage Loan Processor
This is a full-time career opportunity that can be remote. The primary responsibility of this position is to collect, assemble, validate and submit residential mortgage loan documentation through established systems while supporting Mortgage Loan Officers, customers and realtors. Incumbents in this position will execute assignments of the highest degree of scope and complexity relative to assignments of entry and core level positions and will mentor junior staff. The role requires fluency in the Spanish language; must be able to read, write and speak the language. Responsibilities: Process residential mortgage loan types of the highest complexity level relative to assignments of junior staff that may include conforming conventional, non-conforming, government and housing agency loans, analyze for completeness while adhering to appropriate investor guidelines and coordinate timely submission to underwriting and closing Review, evaluate and determine debt-to-income and loan-to-value limitations, research and document source of large deposits and ensure loan meets investor and/or product guidelines and/or requirements Serve as point of contact for customers, resolve questions or concerns, confirm required documentation and analyze file for completeness, compliance and adherence to standard mortgage regulations, underwriting and investor guidelines, communicate underwriting decisions and issue commitment letters Serve as liaison between Loan Officers and Underwriters, track monthly closings to meet sales, customer and regulatory expectations for loan events and ensure data for Home Mortgage Disclosure Act (HMDA) reporting is complete and accurate Provide accurate and timely coordination of redisclosures including but not limited to loan estimate as necessary Qualifications: High School Diploma or equivalent. (Required) 5 or more years Residential mortgage banking experience, including processing and/or underwriting. (Required) Pay Transparency: To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate's knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location. The hourly rate for this position is $21.59 - $35.96. This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance. Benefits: Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. EEO Statement: Fulton Bank ("Fulton") is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status. Sponsorship Statement: As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.
This is a full-time career opportunity that can be remote. The primary responsibility of this position is to collect, assemble, validate and submit residential mortgage loan documentation through established systems while supporting Mortgage Loan Officers, customers and realtors. Incumbents in this position will execute assignments of the highest degree of scope and complexity relative to assignments of entry and core level positions and will mentor junior staff. The role requires fluency in the Spanish language; must be able to read, write and speak the language. Responsibilities: Process residential mortgage loan types of the highest complexity level relative to assignments of junior staff that may include conforming conventional, non-conforming, government and housing agency loans, analyze for completeness while adhering to appropriate investor guidelines and coordinate timely submission to underwriting and closing Review, evaluate and determine debt-to-income and loan-to-value limitations, research and document source of large deposits and ensure loan meets investor and/or product guidelines and/or requirements Serve as point of contact for customers, resolve questions or concerns, confirm required documentation and analyze file for completeness, compliance and adherence to standard mortgage regulations, underwriting and investor guidelines, communicate underwriting decisions and issue commitment letters Serve as liaison between Loan Officers and Underwriters, track monthly closings to meet sales, customer and regulatory expectations for loan events and ensure data for Home Mortgage Disclosure Act (HMDA) reporting is complete and accurate Provide accurate and timely coordination of redisclosures including but not limited to loan estimate as necessary Qualifications: High School Diploma or equivalent. (Required) 5 or more years Residential mortgage banking experience, including processing and/or underwriting. (Required) Pay Transparency: To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate's knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location. The hourly rate for this position is $21.59 - $35.96. This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance. Benefits: Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. EEO Statement: Fulton Bank ("Fulton") is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status. Sponsorship Statement: As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.