Loan Processor

About the Position

Loan Processor

• Location: San Antonio, Texas
• Salary: $50,000 - $62,000 per year

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Job Summary

Responsible for providing quality and efficient customer service to PMR branch offices by producing timely, accurate, and thorough closing documents, reviewing executed documents returned from closing agents for accuracy per investor guidelines, and preparing necessary paperwork to enable the funds to be wired to close loans. Additionally, responsible for delivering quality customer service to closing agents, investors, warehouse banks, and internal departments.

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Responsibilities

• Registers loans into the company logbook to obtain loan number assignment.
• Reviews files as they are logged in for completeness of documentation needed to submit for loan approval.
• Submits all eligible files through DU/LP for automated approval prior to submitting to the selected lender. Note conditions and provide details to the Loan Officer.
• Once all documentation is collected, files are packaged and submitted to the lender for final approval. Follow up and work with the Loan Officer through funding on any items needed to get the loan closed.
• Conducts weekly meetings with each Loan Officer to review their pipeline and set priorities for their files.
• Orders FHA Case numbers through FHA Connection, and orders Flood Certs through SMI with the company's computer system.
• Orders loan documents if the Loan Officer is not available.
• Develops and maintains current procedures for all functions within the Loan Processor position.
• Other projects as assigned.

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Requirements

• Skills:
  • Strong knowledge of all types of loan programs including FHA/VA, conventional, DU/LP, USDA/RD.
  • Strong interpersonal and customer service skills required, ability to work with a diverse base of contacts (Loan Officers, clients, agents, lenders, title companies, etc.).
  • Detail-oriented individual with strong organizational skills.
  • Computer skills required for this position include intermediate/advanced MSWord, Excel, ACT, Outlook (e-mail), and BYTE mortgage origination software.
  • Strong mathematical aptitude.
  • Ability to work under pressure and meet stringent deadlines on a consistent basis.

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We Offer

• Competitive salary range of $50,000 - $62,000 per year.
• Full-time employment.
• On-site work location in San Antonio, Texas.

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About the Company

Yellowstone Local is a company dedicated to providing quality and efficient services to its clients. We value our employees and offer a supportive work environment where you can grow and develop your skills.