Our response times may be slower than usual because of historically low rates and COVID-19 delays. We thank you for your patience.

Loan Processor - Purchase Team

Description

Ready to take the next step in your career? Our business continues to experience healthy, long-term growth. We'd love for you to join the team!

JOB SUMMARY

We are expanding and adding Processors to our growing purchase team. We are seeking team members who always perform to the highest standards. The ideal candidate will conduct business ethically and always have the best interest of our borrowers and fellow team mates in mind! Competitive compensation package includes base salary and bonus structure.

 

DUTIES AND RESPONSIBILITIES

  • Process and close a minimum of 12 loans monthly meeting all Purchase loan deadlines.
  • Maintain necessary pipeline to ensure timely closings of all loans at a 90% COE success ratio or higher.
  • Secure and accurate accumulation of loan documentation.
  • Timely and compliant closing of all types of residential mortgage loans within established deadlines.
  • Procures verifications for credit items which include but are not limited to: employment, assets, rental history, credit reports, etc.
  • Researches and verifies account information and resolves problems for customers as needed.
  • Liaisons with Third Party vendors (appraisal, title, insurance, etc) to obtain necessary documentation for loan approval.
  • Maintain a secure environment for loan process files. Good moral ethics conduct
  • Review documentation and provides conditions for loan approvals needed to comply with underwriting guidelines: borrower documentation, credit and collateral documentation.
  • Analyzes and interprets financial data to fit established parameters set by industry.
  • Understands and uses computer programs and systems for the tracking and processing of loans – LOS and AUS systems
  • Provides support duties for management and loan officers as needed.
  • Ensures that all necessary disclosures (state, federal and company specific) are provided to client as required.
  • Communicates any concerns on possible misrepresentation or fraudulent documentation/activity to Branch Manager and/or Processing Supervisor, if necessary.
  • Communicates any and all issues affecting loan process and approval with applicable loan officer.
  • Works with Underwriting and Closing departments to ensure that quality of loan submissions is consistent with maintaining the efficiencies of the loan file flow.
  • Communicate concerns or suggestions on improving overall systems to Processing Manager when appropriate.
  • Assists with problem-solving when issues arise that involve the successful closing of requested residential loan.

 

QUALIFICATION AND EXPERIENCE

  • 2 years recent experience
  • VA, FHA, Conventional experience required
  • DU and LP, CHFA, Purchase Loans
  • Must be very detail-oriented, organized and able to meet deadlines
  • Microsoft Office Suite experience
  • An ability to multi-task in a fast-paced environment
  • Must be able to clearly articulate ideas both verbally and in writing
  • Self-motivation, initiative and an ability to work effectively with little supervision

BENEFITS AND PERKS

 
  • Medical, Dental, Vision, 401k
  • Paid time off
  • Paid Sick Time
  • Paid Holiday's 
  • Long-term paid disability
  • Paid parental leave
  • Work from home 
  • Full set of office equipment provided

American Financing Corporation (AFC)  is an Equal Opportunity Employer. AFC does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis protected by law. All employment is decided on the basis of qualifications, merit and business need.

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
Experienced
Location
Aurora, CO
Type
Full Time
Education
High School
Compensation
$41,000.00 - $85,000.00 Base+Commission/year
Travel %
None
Department
Operations
Apply now

Link to this job

Share this job

Denver Post top places to work award 2020
Chat now