Senior Loan Processor

Company: Aerotek
Location: Sacramento
Posted on: April 9, 2021

Job Description:

NOW HIRING FOR SENIOR MORTGAGE LOAN PROCESSORDescription:GENERAL DESCRIPTION:Organize, and execute processes related to 1st mortgage and equity loans. Effectively manage a pipeline of mixed product types including: conventional, FHA and jumbo products, purchase and refinance transactions, owner-occupied, 2nd home and investment loan types including manufactured housing and condominiums. Partner with the internal and external Home Loan Advisors to ensure accurate, efficient and timely loan processing.Skills:mortgage industry, loan processing, mortgage loanTop Skills Details:5+ years of Mortgage Loan Processing Experience requiredEncompass experience requiredStrong communication skills with a motivated attitudeBest vs avgwill have both 5+ years of Loan Processing experience AND 2+ years of Ecompass software usage +Additional Skills & Qualifications:Encompass Software experience, Coordinate and communicate information with Members, Home Loan Advisors, and Vendors for loan transaction as it relates to loan processing.Coordinate the ordering of all title reports, flood certificates, FHA case numbers, CAVIRS, LDP/GSA and follow up on appraisal orders. Review all documentation received for accuracy and determine if additional research or documentation is required.Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including BSA, RESPA, TILA, TRID and AML laws appropriate to the position.Review and calculate income, including tax returns, and funds verification (assets) from documentation received in accordance with investor guidelines as well as company's policies/procedures and update the LOS (Loan Origination System) accordingly.Read and interpret Desktop Underwriter (DU) findings. Rerun/Update DU with all updated calculations, appraised value, available funds prior to final approval submission to underwriting, ensuring both DU and the LOS systems match the documentation in file.Review and evaluate credit documentation for compliance with investor & company's policies.Prepare and process general correspondence and document exchange updating LOS (Loan Origination System) with all details for complete tracking purposes.Manage pipeline to meet a) company service levels including turn times and customer service scores, b) minimum efficiency levels established for position and c) minimum required loan quality.Complete Home Mortgage Disclosure Act (HMDA) information.Maintain and respond to quality control issues.Acquire and maintain knowledge of FNMA, FHA, equity products and related investor guidelines.Perform functions in accordance with company's performance competency standards.Experience Level:Expert Level About Aerotek:We know that a company's success starts with its employees. We also know that an individual's success starts with the right career opportunity. As a Best of Staffing Client and Talent leader, Aerotek's people-focused approach yields competitive advantage for our clients and rewarding careers for our contract employees. Since 1983, Aerotek has grown to become a leader in recruiting and staffing services. With more than 250 non-franchised offices, Aerotek's 8,000 internal employees serve more than 300,000 contract employees and 18,000 clients every year. Aerotek is an Allegis Group company, the global leader in talent solutions. Learn more at Aerotek.com.The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

Keywords: Aerotek, Sacramento , Senior Loan Processor, Other , Sacramento, California