Mortgage Loan Processor Resume Samples

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A Schimmel

Aaliyah

Schimmel

408 Legros Fields

Detroit

+1 (555) 885 0787

408 Legros Fields

Detroit

Phone

p +1 (555) 885 0787

Experience Experience

New York, NY

Mortgage Loan Processor

New York, NY

Bernier, Mosciski and Shanahan

New York, NY

Mortgage Loan Processor

Performs follow-up work as necessary to achieve conditional approval within established time frames
Respond to all borrower phone calls and emails in a timely manner promptly and in within the timeframe established by management
Professional development - SunTrust University, an in-house career growth and employee development program
Work through and resolve vendor work issues directly with customer and vendors
Obtains necessary customer documentation to support data provided in the applications
Works as a liaison between investors, vendors, and borrowers throughout the loan process
Assists with incoming files to Corporate Underwriting for review, assignment, follow up conditions, subordinations

Philadelphia, PA

Mortgage Loan Processor / Closer

Philadelphia, PA

Anderson, Gislason and Marvin

Philadelphia, PA

Mortgage Loan Processor / Closer

Performs other duties as may be assigned
Ensures loans are processed in accordance with established guidelines and Truth and Lending rules/regulations
Coordinates mortgage loan closings
Prepares opening packages and disclosures in a timely fashion
After settlement, reviews and audits property loans, ensuring final title policy and endorsement is received and lien is correct
Order title insurance, flood and tax certificates and surveys, reviewing for problems upon receipt
Ensures accurate printing of preliminary real estate loan documents

present

Dallas, TX

Senior Mortgage Loan Processor

Dallas, TX

Fadel LLC

present

Dallas, TX

Senior Mortgage Loan Processor

present

Perform basic LP analysis of C, I, A documents to provide additional information to underwriter
Assist in the lending process to reduce loan cycle time by interacting with the customer and assisting the loan officer
Establishes accurate closing date and monitors promised closing dates to meet those established. Meets standards for closing percentages of loans processed
Proactively manage workflow to ensure loan files meet key milestone dates
Performs pre-closing, post-closing, or whole loan due diligence review of legal agreements and other closing documents to terms of loan commitment
Setting and maintaining proper expectation to all parties on the file (including internal customers, e.g., loan officers, sales managers)
Performs routine loan calculations

Education Education

Bachelor’s Degree in Business

The University of Kansas

Bachelor’s Degree in Business

Skills Skills

Excellent attention to details. Ability to maintain quality of work even during times of high volume
Basic knowledge of lending processes, loan principles, loan systems. Knowledge of banking process helpful
Assist loan officers in meeting overall company goals and guidelines by contributing to the productivity, profitability and loan quality
Mortgage Lending Knowledge. Understanding of basic real estate terminology, documents and knowledge of federal and state regulations
Member focus. Ability to provide excellent member service even during times of high volume
Have a strong working knowledge of VA Portal to order certificates of eligibility and the order of VA appraisals
Basic knowledge of credit policies and approval processes
Knowledge of basic lending, real estate contracts and language, foreclosure, short sales and delinquent accounts
Ability to provide excellent customer service in person and on the phone
Demonstrates solid leadership ability

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Mortgage Loan Processor Resume Examples & Samples

Capable of independently processing the most complex loans
Make judgments as to whether the loan is "reasonable" even if it meets published guidelineson thesurface. If it does not appear reasonable, must escalate for further evaluation
Maintain knowledge of regulatory changes, external and internal compliance requirements, and investor guidelines to insure loan salability

Mortgage Loan Processor Resume Examples & Samples

2 years of loan processing experience and function as a senior processor. Capable of independently processing the most complex loans
5 years of loan processing experience. This senior level processor may be responsible for training entry–level processors and/or providing guidance to other processors. Capable of independently processing the most complex loans. In Addition, the individual will be required to
Make judgments as to whether the loan is “reasonable” even if it meets published guidelines on the surface. If it does not appear reasonable, must escalate for further evaluation

Commercial Mortgage Loan Processor Multifamily Resume Examples & Samples

Bachelor’s degree from four-year College or University preferred, but not required
2 years of related work experience preferred
Ability to carry out instructions furnished in written, oral, or diagram form
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Ability to write reports, business correspondence, and procedure manuals
Ability to effectively present information and respond to questions from managers, clients, customers, and vendors
Ability to communicate and be assertive on the phone with clients, vendors, and city officials
Proficiency in Excel, Word and other productivity software
Possess a basic understanding of financial formulas and use of financial calculator
1-2+

Mortgage Loan Processor Resume Examples & Samples

Minimum one year of experience in loan processing and closing activities
Basic knowledge of loan processing and closing policies, procedures, documents, underwriting requirements, governmental and agency requirements, terminology, and automated processing systems
Basic knowledge of credit policies and approval processes

Mortgage Loan Processor / Liaison Resume Examples & Samples

Degree in related field
Solid Mortgage background
Computer savvy

Mortgage Loan Processor Resume Examples & Samples

Collect, prepare and assemble closing packages including documentation and disbursement instructions for delivery to title companies. Reconcile the complete file after required information has been obtained and verify underwriting conditions have been satisfactorily cleared by the underwriting or investor. Prepare, verify, and disburse funds to title companies at loan disbursement
Review new loan application files for compliance, accuracy and completion. Initiate corrective action when needed. Submit credit documentation along with automated findings of borrower criteria to underwriting to obtain final approval
Primary point of contact during processing for applicants, realtors and/or attorneys, vendors, and other internal lenders and branch banking employees. Answer general customer inquiries and resolve customer issues
Interact with third party vendors to obtain credit reports, appraisals, title reports, flood certifications, and tax transcripts. May interact with government or insurance agencies as needed
Review and compile loan documents to comply with loan approval and secondary market guidelines and deadlines. Maintain current knowledge of internal and external regulation, changes to policy, and changes to procedure
Prepare and balance the Settlement Statement with the title company, verifying the final settlement statement is correct according to compliance regulations. Monitor loan closing dates to assure adherence to scheduled timelines
Take loan applications or speak with customers about terms of loan in excess of five times per year
Provide guidance and work direction to new loan processors and assist with training of new hires as applicable; review work of others
High-school education or equivalent
1-2 years post-secondary coursework in finance/accounting or equivalent experience
Minimum of 5 years of experience in mortgage loan processing and closing activities with thorough knowledge of FHA/VA, USDA, Department of Housing and Urban Development (HUD), and Conventional Loan guidelines
Must maintain an active registration status with NMLS (Nationwide Mortgage Licensing System and Registry)
Thorough knowledge of RESPA, TILA and all other mortgage regulations
Strong decision-making skills and the ability to move quickly between tasks
High level of analytical abilities, or math aptitude
Proficient at multi-tasking responsibilities and projects while maintaining deadlines and work quality
Excellent computer skills, which include Microsoft Office programs and a familiarity with automated vendor processing systems such as Desktop Underwriter (DU)
Four-year college degree in finance or accounting
7+ years’ experience in conventional, HUD, FHA/VA mortgage loan processing

Z-mortgage Loan Processor Resume Examples & Samples

Document any potential issue or concerns regarding loan reasonableness or potential fraud/misrepresentation and escalate to next level manager or Loan Risk and Recovery depending on the circumstances
This senior level processor may be responsible for training entry-level processors and/or providing guidance to other processors
Construction to Perm experience
Bond Loan experience
USDA experience

Mortgage Loan Processor Resume Examples & Samples

The position directly interacts with loan officers, customers, Mortgage Support Teams, and external vendors
Minimum of three years proven and progressive mortgage lending support experience, or equivalent loan processing or underwriting experience
Proficiency with personal computers as well as pertinent mainframe systems and software packages

Mortgage Loan Processor Resume Examples & Samples

Minimum 3 years of loan processing experience in a mortgage banking company or related financial institution required
Minimum 3 years of experience working with FNMA/FHLMC guidelines and standard industry guidelines required
Minimum 3 years of experience of state and federal lending regulations (e.g. Respa, Reg Z, Ecoa, State Fair Lending) required
Ability to communicate effectively with all levels of Bank personnel, customers, and outside agencies in both verbal\written form
Computer literate with experience using, Word and industry standard mortgage software, preferably InterLink E3
Ability to work under deadlines
Good organization and planning skills
Ability to pay close attention to detail
Mb- MB

Mortgage Loan Processor Resume Examples & Samples

College graduate or above
Able to work independently, responsible and with proactive attitude
Familiar with local real estate market and operations
Proficiency in both Chinese and English, with good knowledge of PC application software Educational

Mortgage Loan Processor Resume Examples & Samples

Contributes to the efforts of the Real Estate Secured Lending Operations unit through team orientation and focused excellence in achieving organizational goals and quality standards
Effectively and efficiently manages a pipeline of loan applications and loan modifications/conversions (as assigned) to deliver results consistent with established goals
Provides best in class service to all parties involved in the transaction, including borrowers, builders, Realtors, sales partners, and other internal partners
Delivers consistent and timely service throughout the lending process. Anticipates borrower needs and proactively maintains service level agreements
Responsible for adhering to all compliance and regulatory requirements, mortgage policies, and procedures
Responsible for ordering and ensuring required services are ordered and received, including credit reports, appraisal, title, payoff requests, and property surveys
Ensures appropriate insurance is obtained and updates the file accordingly
Completes file maintenance as necessary

Mortgage Loan Processor Resume Examples & Samples

Reviews submitted loan application for completeness and verify procedures per guidelines
Order necessary documents and follow-up with vendors/third parties to obtain in a timely manner
Manage pipeline loans within required performance standards for approval and status calls
Submit loans to underwriting for conditional review and full approval upon receipt of appraisal
Partner with Sales and Underwriters on difficult and or exception transactions
Proactively communicate with all parties to the transaction, including, but not limited to title companies, internal team, and vendors
Performs follow-up work as necessary to achieve conditional approval within established time frames
Run and review AUS findings including LP, DU, and GUS
Must be knowledgeable about FHA, VA, USDA, and conventional loans
General servicing experience
Investor reporting
Default management
Financial background
Quality control

Mortgage Loan Processor Resume Examples & Samples

Collects and reviews required documentation. Calculates income. Updates the file accordingly
Ensures required verifications, including, deposit, employment, and mortgage are ordered and received
Prepares and submits the file to underwriting
Prepares and submits the loan for closing. Coordinates closing with the loan officer, borrower, builder (if applicable), Realtor, and closing agent, as applicable
Works with the borrower, builder, sales partner, and internal partner, to complete the loan modification and to satisfactorily complete the conversion from the construction phase to the permanent phase of a construction loan, as necessary
Prepares the loan for modification/conversion. Coordinates the execution of modification/conversion documents with the MBO, borrower, and the closing agent (if applicable)

Senior Mortgage Loan Processor Resume Examples & Samples

Working collectively with colleagues and key stakeholders to optimize customer experience
Minimum of an associate’s degree in business, related field or equivalent experience
Ability to work independently, handle detail and maintain confidentiality

Mortgage Loan Processor Resume Examples & Samples

Proficiency with MS Word and Excel
Ability to multi-task effectively in a fast-paced environment
Demonstrated knowledge of the mortgage documents and loan processing
College degree preferred. Equivalent experience in mortgage banking origination may be a substitute
3 years of residential processing experience preferred. Other relevant study or directly related work experience may be considered
Ability to work overtime (especially at the end of the month)

Mortgage Loan Processor Resume Examples & Samples

Must have 3+ years’ experience: Effectively and efficiently monitors a pipeline of at least 50 loans with the goal of closing at least 25 loans per month
Reviews customer submitted documentation to ensure the documentation meets the program guidelines
Must have 3+ years’ experience: Validates credit reports, orders appraisals, surveys, and title insurance, and requests payoffs from other mortgage companies; updates loan files, the mortgage software platform, and tracking system as information is received; prepares final loan package for approval, as well as experience in calculating income to include self-employed borrower
Processes loan to conform to product guidelines. Gathers all requirements and prepares loan for underwriting approval
Responsible for adhering to compliance and regulatory requirements

Mortgage Loan Processor Resume Examples & Samples

Manage the receipt, scanning and indexing of loan files or documents from internal departments, third party vendors or external business partners such as title companies and loan customers
Maintain and manage loan file and document status information through the use of both system generated and manually prepared pipeline reports, adhering to established follow-up procedures. Document receipt into information systems or department’s manual reports
Communicate by phone, written or electronic communication with internal and external customers (e.g. internal lending staff, title companies, third party vendors, business partners, loan customers, etc.) as needed to accurately complete loan files within prescribed timeframes
Assist with training and development of new and less experienced employees. Resource for lending production staff and lesser experienced processors staff and less experienced processors
Prepare reports to identify outstanding issues, department goals and training/development needs
Prepare loan documents as needed
Monitor the receipt of loan files, loan documents and security instruments, including car titles and mortgage or deed of trust documents
Execute mortgage/title filing as needed, to ensure accuracy of security instruments
Complete more complex corrective actions related to loan documents and loan servicing system data entry
Assist other departments within Loan Operations with filing or data entry as needed
Work with third party vendors to obtain data as needed
Process loan applications through the front end processing system as directed
Understand TCF’s Policy and Procedure to ensure that all underwriting of non-originated files is in compliance
Verify accuracy of Overdraft Protection files and set up all Overdraft Protection accounts
Maintain loan files
Understand the MHFA program and ensure all information is collected and verified. Produce loan documents. Work with lender and MHFA to ensure complete, accurate loan file
Assist with training of employees
Figure aptitude, analytical and problem solving skills
Two years post high school education

Mortgage Loan Processor Resume Examples & Samples

Monitor and maintain an application pipeline
Directly communicate with Loan Officers, clients, service providers and branch referring partner to gather and clear underwriting conditions; primarily responsible for documentation collection
Ordering third party documentation; verify vendor orders are complete and invoices received
Maintain knowledge of industry compliance standard rules and regulations
Review Hazard Insurance for required coverage and Insurance Carrier rating
Review title work for seasoning requirements, liens, entity issues, etc…
Review flood certificates for flood status
Minimun of 2 years residential mortgage processing experience on agency products
Knowledge of RESPA guidelines, general knowledge of all mortgage and consumer lending regulations
Foundational knowledge of FHA, VA, Conventional, Jumbo (preferred). Other products, (i.e.) CP, USDA, HELOC preferred but not required
Ability to handle competing priorities effectively and withing established timeframes
High level of integrity and trust must be a team player with a selfless attitude
Ability to work varying hours and overtime if needed

Mortgage Loan Processor Resume Examples & Samples

Obtains required documentation and processes less complex loan applications
Tracks receipt of and reviews post closing legal documents
Prepares for review, Good Faith Estimates of Closing Costs, Regulation Z disclosures, and other disclosures required by consumer regulation
Schedules, coordinates loan closings, and clears for disbursement of proceeds
Performs basic loan calculations
Verifying information for accuracy and completeness
Interpret and apply policies
For more information, contact: Lindsay Silverman at mailto:Lindsay.Silverman@raymondjames.com

Senior Mortgage Loan Processor Resume Examples & Samples

Follows up on missing documentation
Prepares compliance and accounting records and reports, as required by management and regulatory agencies
Performs pre-closing, post-closing, or whole loan due diligence review of legal agreements and other closing documents to terms of loan commitment
Maintains currency in loan processing policies and procedures
Intermediate level concepts, practices and procedures of commercial and retail loan processing and documentation
Financial markets and products
Multi-state real estate, closing, and title practices
Federal and State lending laws
Reviewing and interpreting commercial loan documentation and terms
Reviewing and personal financial statements and supporting documents
Work independently as well as collaboratively within a team environment
Raymond James Bank is an EOE/AA and VEVRAA Federal Contractor
For more information, contact: Lindsay Silverman at Lindsay.Silverman@RaymondJames.com

Mortgage Loan Processor Resume Examples & Samples

2 Year College Degree beneficial
2 years of secondary market mortgage processing experience required
Ellie Mae Encompass in a paperless environment preferred
Problem solving and analytical skills
Knowledge and experience using loan origination software, MS Word, Excel, and Outlook

Senior Mortgage Loan Processor Resume Examples & Samples

Act as a liaison between borrower, underwriter, loan originator and real estate agent, while maintaining excellent customer service and open communication with parties
Research program requirements and efficiently obtain the necessary documentation to comply with program guidelines
Ensure all files in pipeline are current, complete and accurately entered into loan origination software
Obtain documentation and order services from third parties including: payoffs, flood, appraisal, title insurance, VOE, VOD, credit report updates, etc
Compile all documentation in a paperless environment and submit a full file to underwriting
Monitor and clear underwriting conditions in a timely manner, including obtaining documentation necessary to resolve routine title issues
Document all communication pertinent to the loan transaction within loan origination software
Help with other areas such as closing and post-closing as directed by management
College Degree (B.A./B.S.) preferred
5 years of secondary market mortgage processing experience required
Read and interpret supporting documentation and familiarity with required regulations
Work in a fast-paced, high volume environment, while practicing sound judgment

Mortgage Loan Processor Resume Examples & Samples

Review loan files and monitor reports to maintain compliance with regulatory and established corporate policies and procedures
Communicates with borrowers, production and/or operations staff on correspondence to loan decisions such as suspended conditions, approval letters and/or denials
Assist in preparation of reports to identify outstanding issues, department goals and training/development needs
Acts as a preliminary contact for branch lending offices and Level I processors

Mortgage Loan Processor Resume Examples & Samples

Enters applicant information into the mortgage software platform, prints necessary documents, and completes loan files
Updates loan files in the mortgage/equity software platform as information is received
Obtains and reviews necessary customer documentation to support data provided in the applications
Reviews and verifies tax, lien and homestead information for collateral property
Ensures that all documentation meets the loan program/product processing and underwriting guidelines
Ensures that title is clear with no impediments in perfecting the lien
Validates credit reports, ensures timely ordering and review of required vendor documentation
Contacts insurance companies for insurance policy information and details
Responsible for adhering to compliance and regulatory requirements

Entry Level Mortgage Loan Processor Resume Examples & Samples

Accurately documents audit findings for reporting
Maintain loan status information through the use of pipeline reports. Perform regular follow-up procedures for progress on all loan applications and advise interested parties in a timely manner. Use system comment screens to document the events to ensure management and other staff can at a glance determine the status of the loan file. Update system status coding as appropriate
Make recommendations to update and/or correct lending policy and procedure manuals
Assist with training and development of new employees, familiarizing them with their tasks and responsibilities. Suggests to supervisor changes in workload or position responsibilities as necessary
Ensures that work is completed within the prescribed deadline
Prepares loan documents
Keeps up to date on regulatory and procedural policies and is able to assist lenders in perfecting a loan package
High school education or equivalent
Working knowledge of Word and Excel or similar data programs in Windows environment
Excellent organization and time management skills
Proven ability to coordinate multiple tasks, prioritize workload, and meet deadlines
Ability to work independently, under pressure and to meet prescribed deadlines
Ability to deal tactfully and courteously with customers, fellow employees or others in performing the duties assigned

Mortgage Loan Processor Resume Examples & Samples

Must be able to attend work on time and on a regular basis
Must be able to visually view and read computer screens, documents, and reports
Must be able to manually operate a PC, calculator, phone, fax machine, and other office equipment
Effectively and efficiently monitors a pipeline of at least 50 loans with the goal of closing at least 25 loans per month
Disclosures, such as the 1003 application for mortgages or the LOA application for other consumer loans, the good faith estimate, the initial truth in lending, income and asset information, etc
Validates credit reports, orders appraisals, surveys, and title insurance, and requests payoffs from other mortgage companies; updates loan files, the mortgage software platform, and tracking system as information is received; prepares final loan package for approval

Mortgage Loan Processor Resume Examples & Samples

Provide guideance, answer questions and act as a mentor to other less experienced Mortgage Loan Processors
Minimum of 5 years residential mortgage processing experience on agency products
Minimum of 2 years purchase processing experience
Foundational knowledge of tax returns; Foundation knowledge of FHA, VA, Conventional, Jumbo (preferred). Other products, (i.e.) CP, USDA, HELOC preferred but not required
Demonstrated knowledge of purchase lending requirements and documentation

Mortgage Loan Processor Resume Examples & Samples

Computer literate with experience using Microsoft Office, Google Mail and other software and applications
Capable of effectively communicating information in a professional manner to customers and internal partners
Optional Preferred Qualifications, depending on department supported
A minimum of one year of experience in mortgage operations, financial or customer service
A minimum of three years of mortgage operations experience is required
A minimum of five years of mortgage operations experience is required
Ensures the proper and timely completion of loan applications, collecting supporting documentation, pulling credit, documenting assets and liabilities and preparing a comprehensive loan package in preparation for underwriting
Ensures the POS and LOS systems are populated with the required application data and that loan/processing statuses are accurately maintained
Dispositions loans according to the underwriting decision, preparing approved loans for submission to closing or coordinating adverse action notices to applicants
Maintains strict adherence to all compliance and regulatory requirements as well as department policies and procedures

Mortgage Loan Processor Resume Examples & Samples

High school diploma or equivalent is required
Minimum of three years mortgage operations experience
Knowledge of Conventional, FHA, VA, Construction Perm guidelines and compliance guidelines
Associates or Bachelor’s Degree
Bilingual; English and Spanish

Mortgage Loan Processor Resume Examples & Samples

Time Management — Managing one's own time and the time of others
Service Orientation — Actively looking for ways to help people
1-3 Years experience in mortgage processing

Mortgage Loan Processor Resume Examples & Samples

Extensive Customer Service Skills
Ability to manage a pipeline of 30-60 Multi-state conventional loans
Ability to handle and prioritize a large pipeline ensuring rate locks are met while always ensuring the highest level of customer service
Working knowledge of Microsoft Word, Excel, DU and client specific originating systems
Gather information and take each file from approval to closing
Drives for results, analyzes issues and makes decisions
Demonstrates adaptability
Collaborates with others and effectively manages relationships
Demonstrates organizational skills and is able to multi-task effectively
Have Strong verbal and written communication skills
Demonstrates solid leadership ability
Three years of mortgage loan processing experience OR four years of mortgage underwriting and/or closing experience
One year mortgage processing experience
Two years recent processing experience (within 12 months of application date), or a Bachelor's degree
Five or more years of mortgage loan processing experience
One or more years’ experience working with Desktop Underwriter
Previous management or leadership experience

Mortgage Loan Processor Resume Examples & Samples

Prepare Daily Reports - loans received, loans remaining for department, loans remaining for underwriter, and post- closing report
Prepare subordination package for review, enter into SADS database and subordination preparation including final delivery of subordination
Denial/HMDA files - responsible for all files in corporate underwriting are reviewed and all decision timing is completed within regulatory requirements, including all HMDA information
HUD Binders - track all case binders for completion for final insurability
Must be customer service oriented with the ability to work in a multi task environment while maintaining a high-level of flexibility
Basic knowledge of first and second (subordinate) lending; credit, collateral, assets

Wealth Management Mortgage Loan Processor Resume Examples & Samples

Three or more years of experience in loan processing and closing activities
Advanced knowledge of loan processing and closing policies, procedures, documents, underwriting requirements, governmental and agency requirements, terminology, and automated processing systems
Advanced knowledge of credit policies and approval processes

Mortgage Loan Processor Resume Examples & Samples

Knowledge of basic lending, real estate contracts and language, foreclosure, short sales and delinquent accounts
Ability to provide excellent customer service in person and on the phone
Ability to handle stressful situations with calmness and courtesy
Excellent records and file management skills
Knowledge and experience using MS Word, Excel, and Outlook
Knowledge of basic accounting processes and procedures

Mortgage Loan Processor Resume Examples & Samples

Works with partners, borrowers and vendors to request, obtain and/or follow-up on all documentation required for approval. Reviews the documentation for accuracy and inputs the information into the mortgage origination system
Responds to, and documents inquiries from partners, borrowers and outside vendors to resolve discrepancies. Ensures complete and accurate credit packages are submitted for approval review
Responsible for meeting all regulatory and compliance requirements associated with mortgage lending. Verifies that the loan documentation is complete and accurate; reports and resolves deficiencies within established timeframes
Is able to perform basic underwriting skills applying secondary market and banks guidelines to determine credit worthiness. Ensures documentation is complete for analysis
Responsible for approving basic loan approval conditions provided by partners, borrowers or outside vendors for files ensuring guidelines and bank policies have been met
Responsible for monitoring all closing dates, rate expirations and Equity Credit Line maturity dates are up to date on a weekly basis
Responsible for ordering payoff letters and requesting Subordination Agreements
Responsible for ordering Homeowner’s and Flood Insurance when applicable and reviewing for sufficient coverage amount
Orders Title Report and Appraisal from third party vendor and is responsible for follow-up
Responsible for satisfying prior to close conditions and making sure file is clear to close
Prepares loan commitment letters
3 years in mortgage banking or related experience preferred
Knowledge of bank policy and procedures, secondary market guidelines and compliance regulations, usually acquired through related work experience, is required to ensure bank and regulatory guidelines are met
Time management skills and attention to detail are required to properly manage and prioritize assigned workload
Knowledge of Windows with a background in Word or Excel preferred to set up loans on the system and maintain tracking file
Good written and verbal communication skills are required to respond to inquiries from partners, borrowers and outside vendors

Senior Mortgage Loan Processor Resume Examples & Samples

Reviews and inputs incoming documents (i.e. VOE, VOD, credit, etc.) into Mortgage Loan Operating System (LOS)
Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment
Reruns Automated Underwriting System (AUS) to ensure same automated decision is applicable
Recommends that loan not meeting standards be denied
Calls specified companies to obtain property abstract, survey, and appraisal if needed
Determines if appraisal is to be ordered and what type
Reviews appraisal for errors and meets underwriting criteria and notifies lender of any discrepancies
Informs supervisor of discrepancies in title or survey
Assembles file in electronic imaging system and reviews for completeness and accuracy
Notes the estimated closing date and type of transaction
Reads notepad for pertinent information not obvious in file, identifies missing items and notifies appropriate party
Orders updates to credit report
Requests needed documentation not previously requested
Reconciles LOS and AUS
Gathers all required documentation prior to closing and resubmits for final approval
Submits mortgage loan application file for underwriting approval
Orders flood determination
Types and mails approval and denial letters to applicants
Confirms closing date and location of closing
Sends out construction package if necessary to branch lenders
Prepares closing sheet and sends file to closing department for settlement
Notates denial or withdrawal status in LOS and prints appropriate package
Submits denied files to underwriting for review and signatures
Reconciles fees to determine if funds are missing
Records data on status of loans, including number of new applications and loans approved, canceled, or denied
Required: High school diploma or general education degree (GED)
Four to six years of mortgage lending or similar financial experience and/or education
Ability to communicate effectively orally and in writing using the English language
Working knowledge of, Microsoft Office products to include Word, Excel, Access, PowerPoint and Outlook

Mortgage Loan Processor Resume Examples & Samples

Submits loans through DU and orders and follows up on any outside services such as credit reports, title, appraisals
Monitors loans in process to determine any deviation from standard processing time and to take appropriate actions including notifying the manager for alternatives to ensure timely service
Establishes accurate closing date and monitors promised closing dates to meet those established. Meets standards for closing percentages of loans processed
Notifies the customer of the underwriting decision
High School diploma or equivalent required
Two + years of related full doc. processing work experience in residential mortgage lending processing and willingness to learn VA full doc loans
Requires good analytical and math skills, strong oral and written communication skills, and outstanding computer skills
Knowledge of FHA, VA, Conventional loans preferred
Current Mortgage Loan Processing knowledge
Ability to work flexible hours as needed
Ability to function in an ever changing environment
Demonstrate strong interpersonal, organizational, and time management skills
MS Office proficient
Excellent customer service skills with strong attention to detail

Mortgage Loan Processor Resume Examples & Samples

Receives and reviews new loan files
Processes RD, FHA, VA, and Conventional mortgages
Maintains knowledge of bank’s residential loan policy and credit granting standards
Attends training seminars as required to further develop job skills
Effective listening, verbal and written communication skills
Proficient in Encompass
Working knowledge of ordering appraisals, flood certifications, verifications, title work and homeowners insurance

Cres Senior Mortgage Loan Processor Resume Examples & Samples

Receives loan application from MB and Consumer Direct Outbound Reps and reviews documents to ensure all necessary forms have been completed and comply with underwriting, PMI and secondary market guidelines
Sets up loan files and enters information for tracking of loan. Submits loans through DU/LP automated underwriting system upon validation. Prepares and mails initial or revised disclosures, if applicable
Ensures all loans are in compliance with internal Bank guidelines and external state and federal regulations (i.e. USPAP, FIRREA, HMDA, RESPA, FNMA, FHLMC, and Fair Lending)
Four to five years of loan processing experience. FHA and VA processing experience required
Thorough knowledge of mortgage processing and basic underwriting skills
Thorough knowledge of federal regulations and regulatory agencies such as USPAP, FIRREA, HMDA, RESPA, FNMA, FHLMC, VA, RD, and Fair Lending

Mortgage Loan Processor Resume Examples & Samples

0-1 year of mortgage banking processing experience with FHA/VA/FNMA/FHLMC
Knowledge of mortgage loan products (conventional, FHA/VA, construction lending, HEQ and portfolio programs) and knowledge of mortgage procedures, documentation, and underwriting guidelines
AUS, mortgage procedures, basic mortgage processing
Excellent in customer service, highly motivated, focused and goal oriented
Must have excellent written and verbal (face-to-face and phone) communication skills including professional grammar and demeanor
Strong organizational skills with attention to detail
PC and internet proficiency - loan origination software, imaging, Desk Top

Mortgage Loan Processor Assistant Resume Examples & Samples

Image/index, review and submit completed files via the loan origination system to the underwriting department
Provide exceptional service for both internal and external customers
Communicate with various companies to obtain property survey, flood certificate, title commitment and payoff information
To assist with documentation collection and data entry
Must be able to work independently and handle multiple priorities
High school diploma or equivalent work experience required
Demonstrated ability to prioritize, multi-task, meet deadlines
Precise attention to detail
Excellent organizational skills and follow through

Mortgage Loan Processor Team Lead Resume Examples & Samples

Sets up loan files and enters information for tracking of loan. Submits loans trough DU/LP automated underwriting system upon validation. Prepares and mails initial or revised disclosures, if applicable
3-4 years of loan processing experience. FHA and VA processing experience required
Availability: Monday - Friday 10:00 am - 7:00 pm CST

Home Equity Mortgage Loan Processor Resume Examples & Samples

Reviews title reports received from title companies for all real estate secured consumer loan/line products. Researches and follows up on problems related to title reports, and interacts with branch personnel and title companies to resolve related issues
Reviews flood determinations received for real estate secured loans. Ensures banker is informed if property is located in a flood zone. Sends flood letter and notification to customer informing them of requirement to carry flood insurance
Communicates with Residential Appraisal Services to ensure property evaluation product is received in a timely manner. Compares the report to the system to ensure specifics are correct
Obtains proof of home owners and flood insurance (if applicable) for all real estate secured loans. Reviews insurance documentation to ensure coverage amounts and dates are sufficient
Tracks for any additional loan officer requirements, and clear all stipulations of the credit approval prior to preparing the file to be ready for documents
Orders, and follows through to receipt, all vendor work needed in conjunction with loan request. This includes but is not limited to title reports, flood determinations, and comps/appraisals
Establishes and coordinates escrow closings with title companies as needed. Follows up on sub escrows when applicable and work with title companies to resolve any issues
Provides additional support to other areas of Operations as required
Associate’s Degree in Business or Finance or equivalent combination of education and experience
Good knowledge of consumer loan and line documentation
Good knowledge of consumer loan compliance regulations
Knowledge of MS Windowns and MS Office software, including Word and Excel
Ability to be a team player
Ability to work in a fast-paced environment
Planning and organizational skills
Written and verbal communication and interpersonal skills

Mortgage Loan Processor Resume Examples & Samples

Processing loan applications
Verifying employment, assets and liabilities
Submit file for underwriting and clear condition
Prepare file for the loan closer
Help with Final Documents after the loan is sold
Will train to back up different positions
Help back up the Mortgage Department’s incoming phone calls
2 years Loan processing experience preferred
Proficient with Microsoft Suite

Mortgage Loan Processor Resume Examples & Samples

Ensure the timely and accurate processing of all loans submitted by MLO's
Gather information and process each file from initial approval to closing in a timely manner
Ensure that all loan documentation is complete, accurate, verified and complies with Bank policy
Support MLO's in preparing files for closing
Maintain pipeline report and notify management of status as needed
Act as a liaison between MLOs, underwriter, closing agents and other related parties
Education: Associates Degree preferred

Mortgage Loan Processor Resume Examples & Samples

Process and complete FHA and conventional mortgage loan files
Verify all documentation for accuracy and completeness
Calculate Income, 1040s, etc
Package loan files complete and thorough for Underwriting
Obtain required stipulations from borrower, guiding loans from origination through closing
Maintain communication with Loan Officers on all programs and the status of the loans
Based upon underwriting decision, finish processing for loan closing or mail adverse action letter to borrowers
Provide exceptional customer service to both internal and external customers
Meet goals set forth with team lead
2-5 years of experience processing home loans
Knowledge of pertinent federal, state and local codes, laws and regulations
Loan Origination skills highly preferred (Encompass)
Demonstrated communication, telephone and organizational skills
Strong knowledge of FHA and Conventional mortgage programs
Knowledge of additional mortgage programs a plus (ie, FHA, Conventional, 203K, VA, Homestyle, Sonyma, etc)

Senior Mortgage Loan Processor Resume Examples & Samples

3-5 years of experience in Information Technology, preferably in an operations environment
Experience in a technology operations role
Experience working in a 24x7 operations facilities
Experience with technology in the banking industry
A foundational understanding of technology, including infrastructure, and business applications (built on infrastructure)
Strong written and oral communication skills are required, and being comfortable speaking in front of others
Experience communicating to management and business partners
Must demonstrate strong analytical and excellent communication skills, strong interpersonal skills, and the ability to work well within a team
Professional certifications preferred (CCNA [CCENT & CCT], MCP, VCP, RHCSA, LPIC-1, Network+, Security+)

Mortgage Loan Processor Senior Resume Examples & Samples

High School Diploma
AUS, mortgage procedures
Customer service

Senior Mortgage Loan Processor Resume Examples & Samples

Requires the ability to work in a fast paced environment, multi-tasking with processor functions for all home lending products
Assists with incoming files to Corporate Underwriting for review, assignment, follow up conditions, subordinations
Daily Loan Assignment - includes receipt of all loan files from branches, logging receipt in UNIFI, assigning to underwriters
HMG Corporate Underwriting Mailbox - retrieval of all PTCs for outstanding file conditions. The conditions are all electronically delivered to this mailbox, delivered to the underwriters and updated in UNIFI
Minimum of 1 year of prior conventional and government loan processing experience including review of income documentation, appraisal documentation and applicable forms/documents required by different agencies
Must be able to work in a high volume environment with minimal supervision while maintain all production service levels
Strong analytical skills with attention to detail
Ability to work in a fast paced environment, multi-tasking with processor functions for all home lending products

Mortgage Loan Processor Resume Examples & Samples

Process mortgage loan files which includes but not limited to obtaining all loan documentation and analyzing file items
Maintain knowledge of regulatory changes, external and internal compliance requirements and investor guidelines to assure loan quality
Have a strong working knowledge of VA Portal to order certificates of eligibility and the order of VA appraisals
Knowledge of automated underwriting systems, such as Desktop Underwriting, Loan Prospector and Government Underwriting System with the ability to analyze findings
Assist loan officers in meeting overall company goals and guidelines by contributing to the productivity, profitability and loan quality

Mortgage Loan Processor Assistant Resume Examples & Samples

Ensure timely and accurate processing of all orders such as appraisal, verifications, etc. as requested by the Loan Processor
Input correct loan information into the system for processing
Respond to inquiries and follow up with key individuals to resolve problems
Follow up with MLO's on outstanding loan conditions
Support the Mortgage Loan Processor in preparing files for closing
Escalate processing issues to the Assistant Mortgage Operations Manager
Experience: 1-3 years of mortgage lending and banking experience with good knowledge of lending regulations and loan processing in a multi-state lending environment

Mortgage Loan Processor Supv Resume Examples & Samples

3 - 5 yearsof processing or underwriting experience mortgage lending
2+ years of FHA/VA/FNMA/FHLMC loan processing experience
Strong math and analytical skills
Demonstrated ability to prioritize, multi-task and meet deadlines

Mortgage Loan Processor Resume Examples & Samples

If applicable, interviews loan applicant(s) to gather specific information relative to credit, employment, and financial history
Reviews, organizes and collates application and loan information to ensure timeliness and accuracy in providing a useable credit file to be submitted to underwriting for approval
Communicates with applicant(s), underwriters and/or creditors to resolve problems or questions regarding application information

Mortgage Loan Processor Resume Examples & Samples

Process files from opening through closing of each loan. Take ownership of loan files once received from mortgage loan officer. Be primary contact for all parties involved in the process of the mortgage loan
Assemble all loan documents necessary to meet the underwriting guidelines for the particular loan program in process. Obtain the necessary documents from the customer to meet Automated Underwriting System findings
Review all documents for accuracy and completeness and determine the documentation necessary to be included in mortgage loan file
Check Vendor screen for completeness
Analyze borrower(s) Federal Tax returns (if applicable) to determine qualifying income. Complete FNMA Form 1084 Self Employed Cash Flow Analysis for loan files with tax returns
If responsible for ordering appraisals-title and hazard insurance, track the order and status of ordered appraisals-title and hazard insurance
Maintain compliance of Good Faith Estimate, Truth-in-Lending, and all other Real Estate Settlement Procedures Act (RESPA) disclosures
Reviews documentation for completeness and accuracy, ensuring compliance with initial truth-in-lending guidelines. Notify Mortgage Banker of changes to loan file needing Changed Circumstance and re-disclosure
Responsible for conferring with borrowers concerning questions, procedures, necessary information and forms completion, and loan status
Communicates in writing and verbally with various parties to the mortgage loan process
Ability to deal tactfully and effectively with customers as well as fellow employees; and

Summer Internship Mortgage Loan Processor Resume Examples & Samples

Handling confidential customer information
Prepares and processes mortgage loan records, files and correspondence from application through approval
Assures compliance with bank, regulatory and investor guidelines and customer service standards
Communicates with customers, internal staff, brokers, counsel, title companies, etc. to respond to inquiries, resolve problems and obtain all necessary documentation required for the file
Assessing customer qualifications for financing by reviewing and analyzing income and asset information
Communicating with customers on status and obtaining information as needed
Working with underwriting and closing departments to insure customers service expectations are met
Pursuing a Bachelor’s degree in Accounting, Finance, Economics, Business, or related discipline
Strong written and verbal communication, analytical, problem solving and critical thinking skills
Ability to think and work independently, professional demeanor, high energy and a “can-do” attitude

Mortgage Loan Processor Resume Examples & Samples

Ensure compliance with bank and government regulations
Data entry of loan applications to bank's processing system and submission to automated underwriting system
Order and collect documentation necessary to address automated underwriting findings
Communicate with all parties on status of file
Work with originator and borrower to clear underwriting conditions
Interpret automated underwriting decisions
Solve file issues and problems within bank guidelines
Knowledge of mortgage investor guidelines
Knowledge of appraisal process
Thorough knowledge of automated underwriting
Thorough knowledge of compliance guidelines
Excellent organizational, communication, and computer skills
Time management and prioritization skills necessary to manage workload
Ability to solve complex loan problems
Ability to manage difficult situations with borrowers, Realtors, etc

Home Mortgage Loan Processor Resume Examples & Samples

Provides exceptional customer service to loan officers, branch personnel and outside customers
Ordering and reviewing all verifications required for loan product/program
Analyze applicant information/documentation to ensure acceptable to bank or investor guidelines
Provides timely re-disclosures with updated fees, prices per 2010 Good Faith Estimate (GFE), Truth In Lending and Change of Circumstance regulations
Manages an assigned pipeline of loans for submission to underwriting while meeting department turnaround time and service commitments
Regularly communicate items needed and loan status with customers, loan officers and managers
Calculate income using paystubs, W-2s, tax returns and/or other forms of financial information
Calculate escrows, payoffs, interim interest to final loan amounts
Run Automated Underwriting System (Desktop Underwriter or Loan Prospector) according to documentation in loan file
Consistently updates Encompass Loan Originating System with status and documents received from customers and others
Orders appraisals and prelim title reports
Reviews all loan documents for accuracy
Submits complete files for final underwriting and follows loan through docs and closing to ensure on time delivery to investor
Maintains a current knowledge of other bank products
Maintains a current understanding of established Tri Counties Bank policies and procedures including but not limited to regulations as they pertain to mortgage loans: SAFE Act, Equal Credit Opportunity Act (Reg B), Truth in Lending (Reg Z), Bank Secrecy Act (BSA) Fair Housing Act, Real Estate Settlement Procedures Act (RESPA), OFAC compliance, Identity Theft Protection, Unfair Deceptive or Abusive Acts or Practices (UDAAP), Non-public Personal Information (NPPI) regulations, and Home Mortgage Disclosure Act (HMDA)
Answers phone inquiries from customers and branches
Performs duties of other loan processors in their absence
Minimum of 3 years of direct mortgage lending experience
Recent experience in Fannie Mae, Freddie Mac processing
Good organizational and prioritization skills to accommodate heavy volumes
Comprehension of Secondary Market policies and procedures
Comprehension of Loan Prospector (LP) and Desktop Underwriter (DU) (automated underwriting system)
Ability to work independently and effectively, collaborate and problem-solves with staff
Creative thinking to find appropriate solutions or alternative products
Knowledge of Encompass, Microsoft windows

Mortgage Loan Processor Resume Examples & Samples

2 years minimum experience in mortgage processing
Knowledgeable in the areas of mortgage lending, workflow and compliance
Proficient in time management, organization, planning and prioritization
Excellent communication skills and attention to detail
Must be organized, detailed oriented and have excellent communication skills
Strong communication with Branch Managers throughout the entire loan process; disclosures, required client documentation, credit decision, document preparation, settlement and shipment of loan file to vault in a timely manner
Strong technology skills, a plus

Mortgage Loan Processor Resume Examples & Samples

Follow and adhere to Credit Union mortgage lending policy, guidelines and procedures including, but not limited to all Federal and State regulations such as, TRID, RESPA, REG Z, REG C (HMDA), REG B (ECOA)
Perform post-closing review/audit of all closed loan documents to verify that they are accurate and ready to be shipped to investor and/or on-boarded into servicing system
Follow up and deliver final documents on sold loans
Monitor recording of final documents to ensure all security instruments and cancellations of liens are recorded in a timely manner
Clear and resolve pending conditions for loan purchase
Onboard portfolio loans for loan servicing by sub-servicer or in credit unions core system
Prepare and send for recording Cancellation of Liens for paid off HELOCs, Equities and Construction Loans
Resolve real estate loan servicing issues, inquiry or request on the loans serviced at the credit union as well as loan that are being sub-serviced on behalf of the credit union
Order/obtain required items including, but not limited to: Appraisal/AVM, IRS Tax Transcripts, Payoff(s), Title Flood Certification, Proof of Insurance: Hazard and Flood, Subordination, Verbal Verification of Employment
Communicate and follow up with the borrower(s) to obtain any items needed for approval and clearance to close the loan
Provide the borrower and third parties related to the transaction with timely and periodic status updates for the pending loan
Review and determine if supporting documents to verify income, credit, asset and collateral meet the investor(secondary market) and credit union guidelines
Record all communications (internal and external) regarding the loan in the LOS conversation log
Stack loan file following corresponding checklist and submit to underwriting or investor for purchase
Respond to all borrower phone calls and emails in a timely manner promptly and in within the timeframe established by management
Prepare and process reports, forms, and orders related to cash and other negotiable transactions, loans, credit cards
Other duties as assigned by management
Mortgage Lending Knowledge. Understanding of basic real estate terminology, documents and knowledge of federal and state regulations
Forms and Reports completion. Ability to complete a form or report accurately including, but not limited to explaining form and data, understanding input data, entering data into relevant system(s) and communicating the results
Team work. Strong ability to work well in a team environment is required
Member focus. Ability to provide excellent member service even during times of high volume
Organizational skills. Able to handle multiple tasks and balance long and short term assignments
Time Management. Ability to work efficiently and meet time sensitive deadlines even during times of high volume
Excellent attention to details. Ability to maintain quality of work even during times of high volume
Communication. Strong oral and written communication skills
Flexibility and adaptability. Able to adjust and adapt to frequent and continuous changes in order to comply with new regulatory changes
Computer skills. Knowledge and experience using technology and MS Office products
Problem Analysis. Ability to research and use resources to resolve issues

Mortgage Loan Processor Resume Examples & Samples

The position directly interacts with loan officers, customers, mortgage support teams, and external vendors
Minimum of five years proven and progressive mortgage lending support experience, or equivalent loan processing or underwriting experience
Knowledge in analyzing credit, income, and asset documents

Mortgage Loan Processor Resume Examples & Samples

Data entry of loan applications to bank’s processing system and submission to automated underwriting system
Knowledge of compliance guidelines
Ability to manage difficult situations between interested parties in the mortgage transaction
Ability to understand, apply knowledge, and resolve issues that arise between automated underwriting rules and manual underwriting rules
Two (2) to three (3) years of related experience

Wholesale Mortgage Loan Processor Resume Examples & Samples

College Degree, business or finance preferred
Mortgage experience required-Minimum 4 years. Must have processing experience
Requires excellent verbal and written communication skills
Requires organization and the ability to manage multiple tasks
Excel and Word

Mortgage Loan Processor Resume Examples & Samples

Data entry of loan applications to bank’s processing system and submission to automated underwriting findings
Communicate with all parties on status of file and work with originator and borrower to clear underwriting conditions. Also proactively anticipate problems and work to solve them
Interpret automated underwriting decisions working with system to obtain best possible outcome for borrower
Underwrite and approve some mortgage files
Train and supervise work of Level I and II processors
Knowledge and mastery of mortgage investor guidelines and appraisal review process
Mastery of automated underwriting process
Excellent management skills and ability to train others effectively
Ability to underwrite complex loan files and render judgments on acceptability
Three (3) or more years of related with definitive evidence of ability to function at elevated capacity

Mortgage Loan Processor Resume Examples & Samples

Assist experienced processors with routine duties, such as ordering flood certs, ordering appraisals, paying invoices, etc
Update information from bank statements, paystubs, appraisal to bank’s origination system
Assist loan officer with assigned duties which may include follow up on outstanding documentation, scheduling appointments, various clerical responsibilities
Study the automated findings and UW conditions on files to learn the requirements for loan approvals. Obtain the knowledge needed to independently submit quality files to underwriting
Ability to learn new processes quickly, retain information, and validate received information as applicable
Ability to read, understand, apply knowledge, and ask for help
Knowledge of common computer operations
Excellent organizational skills and attention to detail
Good communication and listening skills
Ability to be teachable and respond positively to coaching and training
Ability to accurately input data with very little margin for error
Data entry skills (test) with above average quality results
Typing skills – 35 wpm (test)
Related education or processing/ real estate experience within a business, such as a bank, credit union, legal firm, insurance company, title company etc

Mortgage Loan Processor Resume Examples & Samples

Review documents for completeness and acceptability of loan conditions
Review credit, income, assets, disclosures
Order title, MI and appraisal, if applicable
Complete required checklists/worksheets
Obtain additional documentation needed from all sources
Update systems to reflect accurate information
Submit for underwriting approval
Communicate, prepare and mail out commitment letter, notice of incompleteness or declination
Review title requirements, exceptions, and other information obtained for accuracy, completeness and conformance
Review and collect underwriting conditions and submit conditions to underwriting for final approval
Review loan system and documentation in file returning to underwriting, if applicable
Upon receipt of final approval, prepare authorization to close and send to all parties
Perform other related duties as assigned or required
Maintain accurate pipeline by documenting conversation log and tracking loan progress

Mortgage Loan Processor Resume Examples & Samples

Previous mortgage processing experience is strongly preferred
Must have working knowledge of FNMA/FHLMC, compliance, comprehension of legal documents, and appropriate government lending regulation guidelines for mortgage loans
Must have excellent oral and written communications skills, as well as excellent customer service skills
Must have the ability to resolve problems quickly

Mortgage Loan Processor Resume Examples & Samples

Reviews and verifies the mortgage application and all other documentation included in the application
Performs all processing and pre-closing tasks required to manufacture a loan in compliance with company standards and best practices from point of application to submission to underwriting
This may include reviewing data integrity of loan files; reviewing and analyzing credit, income, asset, and property documentation; ensuring file meets all compliance and regulatory requirements; collecting documentation from borrowers; and organizing and packaging loan files to submit to underwriting
Also responsible for communicating with borrowers, realtors, vendors, and loan officers on status of loan files, answering questions, and providing other information as necessary to get the loan ready for closing and may assist in scheduling the loan closing
Requires High School Degree or Equivalent and some banking, lending procedures, loan processing, or other directly related experience
Basic knowledge of lending processes, loan principles, loan systems
Knowledge of banking process helpful

Mortgage Loan Processor Resume Examples & Samples

Review and verify the mortgage application and all other documentation included in the application
Perform all processing and pre-closing tasks required to manufacture a loan in compliance with company standards and best practices from point of application to submission to underwriting
Review data integrity of loan files; review and analyze credit, income, asset, and property documentation; ensure file meets all compliance and regulatory requirements; collect documentation from borrowers; and organize and package loan files to submit to underwriting
Be responsible for communicating with borrowers, realtors, vendors, and loan officers on status of loan files, answering questions, and providing other information as necessary to get the loan ready for closing and may assist in scheduling the loan closing

Mortgage Loan Processor Asst Resume Examples & Samples

Other duties as required
Prior experience in residential mortgage processing on agency products is a plus but not required
Ability to network and interct with others to build internal relationships to foster team environment
Ability to handle competing priorities effectively and within established timeframes
High level of integrity and trust; must be a team player with a selfless attitude

Mortgage Loan Processor / Closer Resume Examples & Samples

High School Diploma/GED required
Excellent internal and external member service skills required
Attention to detail with excellent organizational skills
Must be able to prioritize workload and manage multiple tasks in order to meet departmental goals
Ability to work independently with stringent guidelines
Ability to perform tasks on a calculator and function accurately on a computer terminal
Ability to type 35-40 WPM helpful
Ability to learn job and perform at a satisfactory level in 3-6 months
Ability to do FHA, VA, and Conventional loan processing
Knowledge of mortgage terms and guidelines
Knowledge of ECOA, Reg. Z, FCRA, and RESPA
Ability to be bonded

Mortgage Loan Processor Resume Examples & Samples

Analysis of customer financial data
Obtaining consumer credit reports
Ordering of real estate appraisals
Verification of employment
Preparing loan file for underwriting

Mortgage Loan Processor Resume Examples & Samples

Processes and prepares loans in a timely manner
Makes mandatory calls to borrowers (i.e., welcome and commitment calls)
Pipeline manages all assigned loans working within stated timelines reflected in real estate sales contracts, as well as management established turnaround timelines
Ensures that all loans are cleared and released to the Closing Department no later than five (5) days prior to scheduled closing
Collects, reviews and submits acceptable documentation in a timely manner. Ensures completeness, accuracy, and legibility of all documentation
Monitors and/or ensures compliance with Federal and State laws and regulations, in addition to Company policies and procedures
Demonstrates a high level of professionalism and integrity in all internal and external interactions with employees and customers
Consistently communicates with borrower and GSM via email and telephone to ensure smooth loan processing and that issues are addressed/resolved in a timely manner
Ensures that investor requirements are met and warehouse lines are protected
Ensures that data integrity exists with every transaction
Associate’s or Bachelor’s degree preferred
A minimum of three (3) years of conventional, government and state bond loan processing experience required
Previous experience with Encompass loan origination system preferred
Thorough understanding of loan processing
General understanding of all areas of the mortgage industry
Strong analytical and problem solving ability
Basic math skills including addition, subtraction, multiplication, division, percentages, and fractions

Mortgage Loan Processor Resume Examples & Samples

Reviews newly originated mortgage loan applications for completeness and compliance with State and Federal regulations
Rates the quality of newly originated loan applications. Provides results to GSM, Regional Sales Manager and certain members of the Operations Management Team
Checks each loan package for customer e-Signature acceptance. Contacts GSM if not
Orders ancillary services including appraisals, flood certificates and IRS transcripts
Indexes loan documentation utilizing the appropriate place holders in the Encompass system
Submits loans that pass the Quality Loan Review process directly to the underwriting department
Issues Notice of Incompleteness notification to customers whose application is incomplete
Collects, reviews and submits acceptable documentation in a timely manner
Ensures completeness, accuracy, and legibility of all documentation
Must be proficient and have a full understanding of RESPA regulations and related compliance knowledge preferred

Mortgage Loan Processor Resume Examples & Samples

Order, process and review all loan file documentation, i.e. appraisal, title commitment, verifications of employment, deposits, etc. for accuracy and completeness
Review each loan for compliance with all regulatory and investor guidelines
Implement new investor processing guidelines
Review and clear loan conditions for compliance with underwriting requirements
Move loan to closing within 30 days of receipt on 90% of all loan files
Manage an average pipeline of at least 60 loans a month
Maintain data integrity of system data fields
Maintain control of assigned files
Monitor daily pipeline reports to identify negative trends or problem loans
Log in and review daily mail
Coordinate closing with clients, lender, closer and end investors as necessary
Offer recommendations to streamline and improve processes for the benefit of the customer, and the bank
Obtain “satisfactory” ratings on all compliance/ audit reviews
Contact customer and lender on a weekly basis with status updates

Senior Mortgage Loan Processor Resume Examples & Samples

Must have experience processing full doc retail transactions
Responsible for keeping borrower informed from the time loan is decision through closing
Input proper loan information into the system for processing
Review file documentation and make sure all items needed are requested. Order and coordinate loan documents
Must have strong conventional, FHA, VA, and government loan mortgage processing experience

Mortgage Loan Processor Resume Examples & Samples

Verifying funding on all 203k rehab loans
Setting up accounting fund sheets and accounts
Reviewing documentation for compliance with FHA guidelines
Authorizing the release of funds from the escrow accounts
Ordering checks for each draw amount within the loan account
Balancing accounting fund sheet within each loan
Managing pipeline of active renovation loans to ensure they are in compliance with HUD regulations
Notify branches, correspondent lenders, inspectors or borrowers of necessary actions and/or documents required to have the rehabs progress in compliance with HUD regulations
At least 3 years of relevant experience

Mortgage Loan Processor / Analyst Resume Examples & Samples

Obtains and verifies all data and supporting documentation regarding a customer’s income, assets and liabilities
Handles customer calls as needed and follows through to obtain any missing information supporting the customer’s application
Ensures coordination and communication between internal and external customers (including Loan Officer, Realtor, Underwriting Department, Appraiser, Attorney, etc.)
Monitors the flow of through underwriting and closing to ensure all conditions are met and file is closed on time
Minimum 2 years’ experience processing VA, FHA, Conventional, NC Housing and VHDA loans
Knowledge of FNMA/FHLMC, FHA, VA, NC Housing and VHDA underwriting guidelines
Excellent organizational, oral and written communication skills
Ability to perform in a fast-paced environment typical to Mortgage Banking
Experience with Encompass software

Mortgage Loan Processor Resume Examples & Samples

Maintain close communication with customers and internal Ditech partners to ensure proper and timely processing. Communicate with borrowers, Ditech Associates and Vendors in a manner that shows sensitivity, tact, and professionalism
Determine appropriate documentation as required by processing option, DU, or other automated underwriting or evaluation tools
Record and analyze all incoming information to ensure guideline compliance and evaluate loan feasibility
Send written requests or make phone calls to customers, Title Companies/Attorneys, Realtors, and other third parties to obtain additional information required to fulfill the loan
Issue customer correspondence in a timely manner: Incomplete application letters, Adverse Action notices, Commitment letters, required Re-disclosures and any agency or state specific documents
Submit a well-documented and complete file to Underwriting that is ready for approval or denial decision
Review underwriting decision. Contact borrower to communicate loan decision and review supporting items required
Any other job responsibilities requested by management
Excellent communication skills (written, verbal, listening)
Proficiency in Microsoft word and Excel applications
Encompass experience preferred
Bi-lingual skills a plus
Sound judgment skills
Detail oriented and well organized
Ability to work independently as well as part of a team
Ability to handle high pressure situations with calm assurance
Self-motivated/takes initiative
Flexible hours may be required to accommodate customer needs
Overtime may be required to meet deadlines

Senior Mortgage Loan Processor Resume Examples & Samples

Initiates and maintains contact with customers throughout the processing period, assisting them with any questions and notifying them of any additional information needed
Satisfies conditions and ensures documentation meets requirements
Sets and maintains proper expectations to all parties
Performs final review of the completed application packages and prepares the file for approval, specifying any applicable conditions to the approval
Prepares, if applicable, the "Decline Letter" and ensures accurate disclosure of the reason(s) for the adverse action at whatever time during the processing period it is determined that applicants do not qualify
Researches problems and files documents as required

Mortgage Loan Processor Resume Examples & Samples

Validate and analyze income documentation
Calculate income from paystubs and validate to W-2’s
Calculate self employed income
Seek out additional documentation as needed to support the income used for qualification
Address discrepancies
Validate and analyze asset documentation provided
Validate sufficient funds to close
Validate required reserves
Explain/remove inconsistent/large deposits
Calculate asset value as required by applicable investor
Perform initial appraisal review
Complete the appraisal review form
Seek corrections for issues and deficiencies
Validate the appraisal to requirements
Provide copy to borrower as required by regulations
Validate ratio related debts
Analyze credit report for accuracy. Request updates and clarifications as needed
Run Automated Underwriting System (AUS) engines as needed and ensure supporting documentation required by the Automated Underwriting System (AUS) findings and the investor requirements are met prior to submitting the file to underwriting
Review flood determination and take required action
Collect appropriate documentation to clear applicable conditions set by the underwriter
Complete required work to prepare the loan file for the closer
Performs the role’s essential functions successfully using required systems and processes
Meets established service levels for productivity, accuracy and customer service
Open to change and learning new skills to improve work processes
Understands processes and procedures necessary to successfully perform tasks
Possesses the technical and computer skills required in the position
Demonstrates the ability to learn rapidly and adapt quickly to new processes and technology

Junior Mortgage Loan Processor Resume Examples & Samples

Gather information and take each file from underwriting decision to closing
Obtain borrower documentation once underwriting decision has been obtained
Setting and maintaining proper expectation to all parties on the file (including internal customers, e.g., loan officers, sales managers)
Responsible for ensuring that all loan documentation is complete accurate verified and complies with company policy
Verify loan documents including income, assets, credit, appraisal and title insurance ultimately verifying application for final submission to underwriting
Meet crucial deadlines requested
Communicate with borrowers, fellow employees and clients in a manner that shows sensitivity, tact, and professionalism
Knowledge of how to read DU findings

Mortgage Loan Processor / Set-up Co-ordinator Resume Examples & Samples

Maintains and updates loan application information within loan origination software and other applications
As applicable, orders appraisals, title, survey, verifications, and any other items required for loan approval; conducts regular follow-ups with outside sources regarding outstanding documents
Verifies the data collected, analyzes, and decides whether it meets guidelines or if other documentation is needed; documents communication through the conversation log; ensures loan application is in compliance with underwriting, investor, RESPA, and HMDA guidelines
Reviews all disclosures for completeness and compliance
May facilitate training of junior or newly hired processors regarding specific Prime operations including file flow, loan origination software, and other applications
Updates loan officer, loan officer assistant, realtors, builders and customers on loan status. Maintains communication with customers throughout the loan process, assisting them with any questions and notifying them of any additional requirements

Mortgage Loan Processor Resume Examples & Samples

Maintains knowledge of all policies and modifications to the guidelines and standards of the company, federal housing programs, investors, and private mortgage insurers
Calculates income, reviews assets and liabilities
Completes final evaluation and analysis of completed application packages and submits eligible files specifying any applicable conditions. Monitors rate lock information for data integrity and expiration dates; communicates discrepancies to the Loan Officer
May maintain accurate pipeline to ensure proper projections, closings, and regulatory compliance with Company, Federal, and State standards. May prepare, when applicable, "Declination Letters." Ensures accurate disclosure of the reason(s) for the adverse action as soon as it is determined that applicants do not qualify
May schedule closing appointments with respective parties (i.e. title companies, closing attorneys, corporate closing department and customers etc.) Meets customer service standards as outlined by management
3+ years of Mortgage Processing experience
Interacts with regional & corporate departments, as well as realtors, sales agents, builders, appraisers, etc
Demonstrated judgment and decision making ability. Excellent and effective presentation and communication skills, both verbal and written
Ability to quickly assess and process large amounts of data and use of appropriate AU software technology

Mortgage Loan Processor Resume Examples & Samples

The ability to communicate effectively, strong analytical and organizational skill, and excellent member service skills are required
Highschool Diploma
1-2 years professional experience with accounting or lending procedures preferred
Ability to prioritize workflow each day determining what is most important or time sensative

Mortgage Loan Processor Resume Examples & Samples

Review the mortgage application received from the loan officer. Verify the information identified in the loan origination system
Complete credit and appraisal analysis for the loan to ensure compliance with Investor and regulatory requirements
Contact vendors assigned to the loan application to obtain status of required documentation such as appraisal companies, flood certification companies and attorneys/title companies
Maintain accuracy of the company’s database by reviewing and updating information as it is received
Prepare commitment letter and provide to the appropriate party for sign-off
Complete all HMDA information to ensure accuracy of HMDA Information prior to submitting the loan to the Closing Department
Minimum of two (2) years of experience as a Loan Analyst, Processor, Processing Assistant or Loan Officer Assistant
Excellent follow up, problem solving and analytical skills
Proficiency in various computer software programs includes Microsoft Office, database management and other business applications. Flexibility to handle constantly changing multiple priorities and work well under pressure in a fast paced environment
Must be able to sit, walk or stand for extended periods

Mortgage Loan Processor Resume Examples & Samples

Maintain a thorough process of reviewing, preparing and verifying the loan file for closing
Manage a pipeline of loans and working with a team of Loan Officers to provide excellence in customer service and meet all required deadlines
Perform processing duties which will include but will not be limited to

Mortgage Loan Processor / UW Resume Examples & Samples

Prepare and submits closing instructions to attorneys
Microsoft Office suite
Special software: 10-key calculator, coin counter, facsimile machine, typing of at least 40 words per minute, etc

Mortgage Loan Processor Resume Examples & Samples

Responsible for ordering appraisals, credit reports, title work, all verification activities, as well as flood certifications
Responsible for preparing preliminary documents
Responsible for maintaining current knowledge of mortgage industry guidelines Responsible for entering loan information on applicable software, monitoring status of necessary documentation throughout loan process as well as maintenance of mortgage files to ensure proper documentation
Prepare and package all loans for submission to the secondary market for underwriting as well as post-closing/funding
Works as a liaison between investors, vendors, and borrowers throughout the loan process
Responsible for underwriting loans prior to submission
High School diploma or GED
Previous mortgage loan experience preferred
The individual must be a self-starter
This job function requires keeping up on current regulation changes as well as constant updates to underwriting guidelines
Attention to detail is critical to ensure compliance with all regulation/guidelines as well as the need to differentiate between the different mortgage products and the forms required for each type
This position requires constant maintenance of current policies and procedures Individual must possess strong organizational and communication skills
Individual must be flexible and able to work independently
Individual also must maintain a high level of confidentiality

Mortgage Loan Processor Resume Examples & Samples

Monitor status of loans in pipeline on regular basis; communicate with originators, borrowers, real estate agents and appraisers
Maintain loan submission register; confirm lock-in sheets with secondary market; order flood certificates and process cancelled loan files and refund checks
Comply with bank policies and procedures, regulatory requirements and investor guidelines. Prepare and submits closing instructions to attorneys
Special software: E3

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