Mortgage Loan Processor

Kforce has a client that is searching for a Senior Mortgage Loan Processor in Valencia, California (CA).Summary:The successful applicant will process loans and work with internal team members, escrow, title and employers. This person will not be responsible for loan set up, order escrow or title, initial disclosures, order initial appraisals, or communicate with borrowers.Essential Functions:
Review 1003 and documentation to verify the application is complete and meets established standards, including loan type, loan amount, assets, liabilities, length of employment, credit history, etc.
Pre-underwrite the file per program guidelines and provide a needs list to the sales team within 24 to 48 hours of file receipt
Evaluate income type, source and history to insure it is useable, and calculate income
Review and analyze purchase agreements, appraisals, title and termite reports for any issues or items that could delay or prevent a timely closing
Process loans in a timely and efficient manner while adhering to a high standard of quality
Review closing statements and compare to LE and CD before signings and cure discrepancies
Re-disclose for change of circumstance
Quickly resolve any funding conditions to ensure all loans fund on time
Quickly resolve any post close requirements
Strive to achieve and exceed productivity expectations and standards
Other duties may be assigned
Must have at least 3 years of senior processing experience; not an entry-level position
Experience with MCC and DPA preferred
Recent brokering experience is a plus (they currently fund 95% of loans in house)
Ability to effectively manage a pipeline of about 25 purchase loans and close about 10 - 15 loans per month
Super organized and detail oriented
Desire to take personal responsibility to complete tasks, solve problems, learn quickly and be resourceful
Excellent verbal and written communication skills
Self-starter with ability to work within a team environment
Able to work well under pressure to meet deadlines
Ability to meet expected turn times in all areas of the loan process
Strong understanding of lending regulations and requirements
Able to multi-task, be flexible, and be adaptable
Strong sense of urgency and initiative to get things done
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status. Compensation Type: Hours Minimum Compensation: 0.00 Maximum Compensation: 0.00

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