Processor
allfinancialservices· Processing
About this role
SUMMARY/OBJECTIVE:
A loan processor reviews loan applications before sending them to the underwriter for approval. As a loan processor, your responsibilities and duties include organizing required documents and verifying the accuracy and completeness of the loan application. You work as the intermediary between the loan officer and the underwriter, so you will not usually have direct contact with the customer.
ROLES AND RESPONSIBILITIES:
- Act as a liaison between applicants, mortgage brokers and loan officers, real estate agents, and mortgage lending underwriters to help further loan approval
- Ensure loan files meet lending and regulatory guidelines and policies
- Order property and loan documentation such as appraisals, inspections, title searches, site surveys, contracts, and property tax records to help process mortgage loan files
- Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine creditworthiness
- Prepare and submit detailed loan packages to the lender underwriting department for approval or denial
- Other duties as assigned by management
QUALIFICATIONS:
- Mortgage lending experience and loan knowledge required, specifically with FHA, FHLB, FNMA, or VA loans
- High school diploma or GED required - associate degree in accounting, finance, or business preferred
- 2 years minimum experience in loan processing required
- Must possess exceptional attention to detail, as well as strong analytical and time management skills
- Must have excellent written and verbal communication skills
Frequently Asked Questions
Is the salary disclosed for the Processor position at allfinancialservices?
The salary for this Processor role at allfinancialservices is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Processor position at allfinancialservices located?
This Processor role at allfinancialservices is based in Owings Mills, Maryland, United States. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Processor role at allfinancialservices full-time or part-time?
This is listed as a Full Time position. It is posted as a Processor role in the Processing department at allfinancialservices.
Which team or department does the Processor at allfinancialservices belong to?
This Processor position is part of the Processing department at allfinancialservices. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Processor position at allfinancialservices?
Click the "Apply Now" button on this page. You will be redirected to allfinancialservices's official application portal hosted on bamboohr where you can submit your application directly.
When was the Processor job at allfinancialservices posted?
This Processor position at allfinancialservices was posted on Nov 18, 2023. Apply as soon as possible — early applications are often reviewed first.
Processor
allfinancialservices
You'll be redirected to allfinancialservices's official application page on bamboohr.