Mortgage Loan Processor
Yield Solutions Group, Greenwood Village, CO, United States
Mortgage Loan Processor
Key responsibilities:
Client Interaction and Loan Process: • Collect loan documents including income, employment verification, bank statements, property documentation, credit reports, etc. • Analyze financial data calculating debt to income ratios and other financial metrics to evaluate loan suitability. • Ensure the application is complete and accurate before submitting it to the underwriter for review. • Contact borrowers to request missing information, update them on loan status, and answer questions. • Clear conditions and collect documents needed from underwriting. • Track loan status throughout the process and address any issues that arise. • Communicate proactively with internal teams, clients, and external partners, to provide updates on request status and progress. • Ensure accuracy and compliance with regulatory requirements.
Required skills and qualifications:
- MINIMUM of 5 years experience of working in a high volume mortgage environment • Attention to detail with the ability to carefully review documents for accuracy and identify potential errors. • Strong organizational skills to efficiently manage large volumes of documents and files within the pipeline. • Financial analysis skills being able to understand financial statements, credit reports, and debt-to-income ratios. • Effectively communicate with borrowers, loan officers, underwriters, etc. • Proficiency in computer software and technology savvy. • Able to keep up with a fast-paced environment. • Willingness to communicate primarily by phone, email and text.
Compensation:
Salary plus commission
This position is eligible for bonuses.
This position is eligible for commissions.
This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.
What we offer:
Full training in the sales process and products
Great Benefit package including:
Full-Time Base plus Commission Role
Health, Dental and Vision Insurance
Life Insurance
Paid Time Off
401(k)
True potential for advancement, we always endeavor to promote from within.
Key responsibilities:
Client Interaction and Loan Process: • Collect loan documents including income, employment verification, bank statements, property documentation, credit reports, etc. • Analyze financial data calculating debt to income ratios and other financial metrics to evaluate loan suitability. • Ensure the application is complete and accurate before submitting it to the underwriter for review. • Contact borrowers to request missing information, update them on loan status, and answer questions. • Clear conditions and collect documents needed from underwriting. • Track loan status throughout the process and address any issues that arise. • Communicate proactively with internal teams, clients, and external partners, to provide updates on request status and progress. • Ensure accuracy and compliance with regulatory requirements.
Required skills and qualifications:
- MINIMUM of 5 years experience of working in a high volume mortgage environment • Attention to detail with the ability to carefully review documents for accuracy and identify potential errors. • Strong organizational skills to efficiently manage large volumes of documents and files within the pipeline. • Financial analysis skills being able to understand financial statements, credit reports, and debt-to-income ratios. • Effectively communicate with borrowers, loan officers, underwriters, etc. • Proficiency in computer software and technology savvy. • Able to keep up with a fast-paced environment. • Willingness to communicate primarily by phone, email and text.
Compensation:
Salary plus commission
This position is eligible for bonuses.
This position is eligible for commissions.
This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.
What we offer:
Full training in the sales process and products
Great Benefit package including:
Full-Time Base plus Commission Role
Health, Dental and Vision Insurance
Life Insurance
Paid Time Off
401(k)
True potential for advancement, we always endeavor to promote from within.