ProvidenceRecruiter Since 2001
the smart solution for Providence jobs

Loan Processor

Company: Aerotek
Location: Providence
Posted on: May 5, 2021

Job Description:

Great opportunity to join a local Rhode Island Bank!This job will work one day in the office and the rest of the week remote!Description:

  • The mortgage loan processor is responsible for performing a detailed review of all loan files assigned. The review includes but is not limited to appraisals, income/ tax returns, assets, purchase and sales agreements, title reports.
  • Will be responsible for meeting contingency dates, closing dates, and rate lock expirations.
  • Must be able to work well independently and works well with the sales team.
  • Processes residential mortgage loan applications.
  • Collects reports and appraisals, inputs loan data, requests and ensures the receipt of required verifications and other various supporting documents.
  • Review and enter application data in loan origination software.
  • Collect, track, and scan borrower documents.
  • Make calls to verify employment and insurance coverage.
  • Knowledge of Secondary Market Underwriting Guidelines.
  • Knowledge of FHA Underwriting Guidelines
  • Order and track title orders, appraisals, tax information, and pay-offs.
  • Contact customers to resolve issues/problems.
  • Reviews collected data and pre-underwrites loans within the limits of authority.
  • Monitors pending loan files to ensure compliance with applicable Bank policies, procedures and regulatory requirements.
  • Keeps abreast of developments with the residential lending field related to loan underwriting.
  • Attends relevant courses and seminars.
  • Demonstrate a thorough working knowledge of company guidelines and policies as well as all applicable laws and regulations related to mortgage lending in order to ensure compliance.
  • Demonstrate a high level of professionalism and integrity in all internal and external interactions with colleagues, customers and vendors.
  • Ability to work in a fast-paced environment and manage assigned pipeline using reports to meet rate lock dates, mortgage contingency dates and closing dates
  • Fully supports the Bank's "Set your Sales" initiative by consistently providing sales support to all areas of residential lending
  • Continually strives to improve the department's efficiencies
  • Communicates professionally in oral and written format with internal and external customers
  • Performs related and unrelated duties as may be required.
  • It is expected that both internal and external customers be treated with competence, courtesy and concern.
  • We must strive, as employees, to discover our customers' needs and to determine and decide which product or service best meets those needs.
  • Following a discussion, a solution should be developed to meet or exceed the customer's expectations.
  • Performs work within established guidelines and according to specific procedures.Must-Have Job Qualifications:
    • At least three years of experience in mortgage lending with two years' work as a processor
    • High school or it's equivalent plus specialized course work and training.
    • A demonstrated understanding of mortgage loan procedures and regulatory requirements and the ability to analyze and interpret personal, corporate, and partnership tax returns and financial statements.Measurements of qualifications:
      • 6 months to a year in mortgage processing
      • Excel ( basic tables) outlook, word** They use Desktop Underwriting but this is not required- they will teach on itIf interested in this position give Cameron a call to learn more! 781-356-6933 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, Providence , Loan Processor, Other , Providence, Rhode Island

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest Rhode Island jobs by following @recnetRI on Twitter!

Providence RSS job feeds