Loan Processor

Loan Processor

Downey Mortgage Co. Full-Time. Experience processing FHA, VA & CONV loans. Bilingual English/Spanish. Salary + $300 Bonus per file. 15 file guarantee Proficient in DU.

We are currently experiencing rapid growth. We are interested in expanding our capacity to provide mortgage loans to home buyers, and we are looking for an experienced Loan Processor to join our team. The successful applicant will be responsible for accurately managing residential and commercial real estate loan documentation through our established systems and reviewing it to ensure it is completed in full and complies with current banking regulations and policies. We encourage all who are qualified and want to work with a dynamic and highly productive team to apply. Review initial loan approval and work with borrower to gather appropriate documentation. Collect all required documentation for the loan package. Create a loan submission package for the Underwriting department. Submit files to assigned Underwriter. Satisfy all conditions when received from Underwriter. Ensure that approval falls within the established lending guidelines. Communicate with other professionals, including attorneys, county clerks, and title companies.