Loan Processor

Green Bay, WI 54304

Posted: 04/30/2021 Employment Type: Contract Industry: Loan Clerks Job Number: 5156012

Job Description

  • Provide loan processing support to loan officer and customer. Contact customer to request appropriate credit documentation needed for loan file. Maintain regular communication with customer and loan officer.
  • Communicate UW approval and obtain outstanding conditions.
  • Review appropriate credit documentation (income, appraisal, assets, red flags, credit report,
  • etc.) has been received per corporate loan policy and/or AUS results and update loan origination system. Order tax transcripts and condo questionnaires as applicable. Request/ review any other documentation pertinent to the loan file (affidavits, offers to purchase, tax returns, recorded documents, certificates of eligibility, etc.). Prepare file and submit to Residential Loan
  • Underwriting Department for a loan decision, ensuring Reg B is not violated.
  • Analyze credit documentation (income, assets, red flags, KYC, credit report) provided to ensure required documents have been received per loan policy and/or AUS results. Update Loan Officer of completed tasks and progress throughout processing phase.
  • Monitor progress of requested information to ensure loans are decisioned in a timely manner.
  • Verify that requested information is complete and logged on checklist. Update application form and enter in Loan Origination System. Review all critical documents (appraisal, credit report, title
  • evidence, VOD, VOE, VOL, etc.) for consistency and to ensure data integrity within the loan application.
  • Communicate with Regulatory Team, Loan Officer and/or Underwriting to ensure all applicable change of circumstances have been properly documented and disclosed to the customer.
  • Review title commitments to ensure proper lien position will be met. Obtain any subordination and/or satisfactions. Communicate with Loan Officer to address any judgments, encumbrances, encroachments or other liens that would put lien position at risk.
  • Confirm all required documentation has been printed to create a complete paper file to be submitted for record retention for all loan files. Ensure all denied and withdrawn loans, are submitted to records in a timely manner to ensure file is available for HMDA review.

Education

Associates degree in business/finance preferred

Experience
  • 2-4 plus years experience in mortgage banking
  • Knowledge of residential loan documents, loan servicing policies and practices, as well as laws and regulations applicable to loan programs, closings and real estate transfers.

Meet Your Recruiter

Stephanie Gomez
Client Relationship Manager

Stephanie's leads the way within Panther's Strategic Account team, placing Administrative, Customer Service, HR and other professional talent across the United States.  Stephanie loves the fast past environment of the recruiting industry and always goes above and beyond for both her clients and candidates! 

 

FUN FACT:  Stephanie has travelled to 12 countries and recently acquired a new hobby of assembling 1,000 piece puzzles! 

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