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Loan Processor - Loan Coordinator - Remote

Posted Yesterday
Finance / Legal
Full Time
USA
23 - 27 USD/hour

Overview

The Loan Coordinator - Processor position contributes to the mortgage loan process by being a key contact for both borrowers and internal partners within Summit Funding to manage a pipeline of loans from contract to close.

In Short

  • Receive loan applications and collect documentation for loans.
  • Answer borrower questions or refer to Loan Officer as needed.
  • Verify loans are complete and submit to Underwriting within 24 hours.
  • Clear conditions requiring communication to title companies and others.
  • Collect items needed to prepare the Closing Disclosure.
  • Ensure timely drawing and delivery of the Closing Disclosure.
  • Review closing statements and correct discrepancies.
  • Meet with clients to sign loan documents.
  • Send out correspondence including thank you cards.
  • Maintain a detailed conversation log for each file.

Requirements

  • Minimum of 1 year of recent experience in mortgage lending.
  • Working knowledge of loan program guidelines.
  • Proficiency in DU/LP/GUS and/or other major LOS.
  • Ability to calculate income.
  • Strong verbal and written communication skills.
  • Creative problem solver with a positive attitude.
  • Strong organization skills and ability to meet deadlines.
  • Strong sense of urgency and professionalism.

Benefits

  • Opportunity to further a career in a competitive industry.
  • Competitive compensation including possible bonuses.
  • Full benefits including medical, dental, vision, and 401K.
  • 11 paid holidays and paid time off.
  • Fun team atmosphere and professional development.
Summitfunding logo

Summitfunding

Summit Funding, Inc. is a leading national mortgage lender, recognized as one of the oldest privately owned companies in the industry. Founded in 1995 by Todd Scrima, the company prioritizes excellence over size, fostering a growth mindset and a positive culture that has contributed to its stability and leadership in the mortgage sector. Summit Funding is committed to providing comprehensive training and support for aspiring Loan Officers, offering a unique 16-week training program designed to equip individuals with the skills needed to succeed in mortgage sales.

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