We’re growing! There’s never been a better time to join our talented team.
The Junior Loan Processor is responsible for reviewing income and credit for initial mortgage loan approval. It is required that you have recent experience calculating income and experience with DU/LP to determine whether a loan meets eligibility requirements.
DUTIES AND RESPONSIBILITIES
Procure verification for credit items which include employment, assets, rental history, credit reports, etc.
Review documentation and provide conditions for loan approvals needed to comply with underwriting guidelines: borrower documentation, credit and collateral documentation
Determine whether a loan meets eligibility requirements utilizing DU/LP
Analyze and interpret financial data to fit established parameters set by industry
Work with Underwriting to ensure that quality of loan submissions is consistent with maintaining the efficiencies of the loan file flow
Maintain a secure environment for loan process files.
Communicate any concerns on possible misrepresentation or fraudulent documentation/activity to Branch Manager and/or Processing Supervisor, if necessary
QUALIFICATIONS AND EXPERIENCE
1 year of RECENT Loan Processing experience
1 year of recent experience VA, FHA, Conventional loan products knowledge
DU/LP experience is required
Current knowledge of TRID, FHA, VA, Fannie, Freddie guidelines
1 year of recent experience calculating income; W2 and Self Employee and ability to read credit- is required
Understand and use computer programs and systems for the tracking and processing of loans – LOS and AUS systems
Strong verbal communication skills
Ability to assist with problem-solving when issues arise
Bilingual (Spanish/English) a plus
BENEFITS AND PERKS
Medical, Dental, Vision, 401k
Paid time off including holidays
Long-term paid disability
Voluntary FSA, Dependent Care, Short Term Disability, & Cancer coverage)
Voluntary Identity/Legal Shield coverage
Paid maternity and bonding leave
At American Financing, we’re innovators with imagination. We’re fast-paced and fun. And we’re a collaborative group that respects and values the individuality of all employees.
Together, we do what it takes to help borrowers achieve their financial goals. And we stay ahead of the competition by challenging ourselves to become more efficient. We are one of the fastest-growing national mortgage lenders because we don't follow the status quo.
Wherever your passions lie, you can find rewarding work and new opportunities here.
Casual work environment
Denver Post Top Workplace
Top 50 Family-Owned Business
Best of Colorado Business
Inc. 5000 Fastest-growing Private Company