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Junior Loan Processor - Remote

Description

We’re growing! There’s never been a better time to join our talented team.  

 

JOB SUMMARY

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

About Us

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 Family-owned, Customer-focused Denver Post Top Workplace Top 50 Family-Owned Business Best of Colorado Business Inc. 5000 Fastest-growing Private Company

Details

Level
Entry
Location
Aurora, CO
Type
Full Time
Education
High School
Compensation
$19.23 - $32.00 Base+Commission/month
Travel %
None
Department
Operations
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