Loan Processor (entry-level) – National Association of Minority Mortgage Bankers of America (NAMMBA) – Richmond, VA

This NAMMBA client is currently looking for a Loan Processor. The right candidate will process mortgage loans and provide a high level of customer service to their builders as well as their home buyers.

Essential Duties and Responsibilities

  • Oversee the receipt of a file from a Loan Officer through Final Approval
  • Review the file for correct stacking order, AU findings for initial determination, and appropriate documentation. Input any changes into the computer systems and re-run for a correct AU determination. Provide the status of a file to all parties
  • Submit all files to an Underwriter at your Regional Underwriting Center, and review conditions when received from underwriting. When all conditions are received, make any changes necessary to the computer system and resubmit to the AU system
  • Read updates and comply with all Quality Control policies, attending QC meetings as scheduled. Review all files for the client’s required checklists, and respond to all QC write-ups within 10 calendar days
  • Review Loan Processor, Project to Close, and Timeline Exception reports daily. The Loans in Process Report should be reviewed on a weekly basis
  • Review the Loan Officer’s “needs list”
  • Maintain an accurate communication log
  • Attend weekly processor meetings as directed by the Branch Manager
  • Reconcile the Fee Summary Sheet
  • Review the Loan Officer’s “needs list”
  • Maintain an accurate communication log
  • Attend weekly processor meetings as directed by the Branch Manager
  • Reconcile the Fee Summary Sheet
  • Additional duties as assigned
  • Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company

Education and/or Experience

  • One-year certificate from college or technical school
  • Three to six months of related experience and/or training
  • Students and recent graduates are also encouraged to apply
  • Ability to apply common sense understanding to carry out instructions furnished in written oral form or via DRH applications
  • Proficiency with MS Office and email

Preferred Qualifications

  • Strong written communication skills and attention to detail
  • Ability to accurately and efficiently process and record large amounts of data

Come join a winning team with a Fortune 500 company! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. Our client offers an excellent benefits package including:

  • Medical, Vision and Dental
  • Employee Stock Purchase Plan
  • Flex Spending Accounts
  • Life Insurance
  • Vacation, Sick, Personal Time and Company Holidays

Job Type: Full-time

Pay: $40,000.00 – $45,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Schedule:

  • 8 hour shift

Supplemental Pay:

Education:

  • High school or equivalent (Preferred)

Experience:

  • Administrative experience: 1 year (Preferred)
  • Customer service: 1 year (Preferred)

Work Location:

  • Fully Remote

Company’s website:

  • https://www.nammba.org/

Benefit Conditions:

  • Waiting period may apply

COVID-19 Precaution(s):

  • Remote interview process

Source: Indeed.com
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