Loan Processor

  • Location
    Sacramento, California
  • Category:
    Financial Services - Loan / Mortgage
  • Job Type:
    Direct Hire
  • Job reference:

Loan Processor job in Sacramento, CA

Midsized firm located in Sacramento, CA is looking an experienced Loan Processors to join their well-established team.  As a Loan Processor your responsibilities will be working directly with the customer, Loan Officer and necessary third parties to obtain and evaluate documents and verifications to complete the processing of a mortgage loan. The ideal candidate will be capable of delivering an exceptional customer experience consistently along with being a self-starter. A strong desire and willingness to contribute in multiple aspects of the business is critical.  The potential to grow is absolutely there!

Responsibilities of the Loan Processor roles in Sacramento, CA

  • Evaluate credit documents for accuracy and completeness.
  • Review of file documentation for red flags
  • Be sure file meets requested guidelines
  • Offer feedback for pre-closing as well as post-closing quality control audits
  • Collaborate with internal team to ensure we meet customer expectations
  • Review new loan submissions from Loan Officer within 48 hours  
  • Verify loan is complete with checklist and accompanying disclosures, documents, needs list, anticipated or confirmed program/investor, and etc.
  • Input final information as validated in Encompass and reruns AUS for final loan submission.
  • Submit loan to Underwriting within 24 hours of receipt of documents
  • Submit all documents needed to draw closing documents within 72 hours of closing.
  • Provide completed files to Underwriting based on Investor and/or AUS requirements.
  • Clears any conditions that require communication to the title companies, appraiser, employers, surveyors, and etc.
  • Qualifications for the Loan Processor job in Sacramento, CA

  • Strong communication skills and ability to interact with realtors, customer, and team members
  • Solid understanding of agency guidelines and experience with investor overlays
  • Proficiency with DU and LP
  • Must be current with RESPA guidelines
  • Proficiency with Microsoft Office Suite
  • Must have excellent writing skills.
  • Must have a positive attitude.
  • Minimum three (3) years of experience in the mortgage industry
  • Must be able to work under pressure to meet deadlines.
  • Must be able to organize, multi-task, prioritize, and manage time.
  • We are looking to fill this position immediately!  First round interviews will take place next week.  If you have been in the industry long you will truly appreciate the culture and “family feel” in the work place of this outstanding opportunity.  Please submit your resume by applying to this posting or send to me directly at colin.dias@parkerlynch.  I will be contacting all qualified candidates within 48 hours of the resume submittal.  I look forward to talking to you soon!