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Mortgage Loan Processor

Remote at Benton Capital in United States
Posted on August 18, 2020

Job details

Benton Capital is one of Colorado's fastest growing mortgage brokers.POSITION SUMMARYThe Processor is responsible for assisting the borrower and production sales team in the coordination of all functions related to the processing and closing of loans.RESPONSIBILITIESServes as subject matter expert (SME) regarding Benton Capital's Processing policies, procedures, and technology.Manages multi-state loan pipeline; coordinates pipeline management with Loan Consultant.Conducts daily review and follow-up with customers and vendors regarding outstanding items; gather necessary documentation as needed.Communicates to Processing Supervisor if unable to achieve a timeline or to resolve an error.Communicates to key stakeholders, including Branch Manager, Loan Consultants, and customers on status.Manages key dates, for example, lock expiration, contingency date, contract date, credit doc expiration, ECOA, MDIA and other compliance related dates.Performs data entry to update all internal computer systems and loan files with notes regarding all actions that affect the loan in accordance with company requirements.Reviews Settlement statement for accuracy and provides to closing agent.Reviews title reports, payoffs, appraisals, income documents, hazard insurance, and all supporting conditions for required standard compliance prior to underwriter submission.Provides customer and closing agent necessary requirements and coordinates scheduling for completion of loan closing.Attends regular pipeline meetings and system training updates.This position is considered a non-loan originator position, this means participants may not engage in activities of a loan originator, including: communicating directly with borrowers about credit qualification or loan terms, including pricing concessions or other transaction-specific terms or conditions.REQUIREMENTSHigh School Diploma or equivalent required; 4-year college degree preferred.Minimum 3 years processing experience in high volume mortgage setting.Experience with DU, DO and LP systems.Knowledge of FHA and FNMA policies and guidelines.Knowledge of mortgage loan processing, compliance, investor products and underwriting guidelines.Strong interpersonal, oral and written communication skills.Excellent customer service orientation.Ability to multi-task, prioritize and time manage.Ability to work autonomously under minimal supervision.Excellent computer and Microsoft Office skills.WHY US?Compensation. Benefits, Culture. Flexibility. Massive Growth.WORK HARD PLAY HARD. INTEGRITY. GRATITUDE. COMMUNITY.Job Type: Full-timePay: $75,000.00 - $110,000.00 per yearBenefits:

  • 401(k)
  • 401(k) Matching
  • Health Insurance
  • Paid Time Off
  • Relocation Assistance
  • Monday to Friday
Supplemental Pay:
  • Bonus Pay
  • Loan Processing: 2 years (Preferred)
This Company Describes Its Culture as:
  • Detail-oriented -- quality and precision-focused
  • Outcome-oriented -- results-focused with strong performance culture
  • Stable -- traditional, stable, strong processes
  • Team-oriented -- cooperative and collaborative
Company's website:
  • www.bentoncap.com
Benefit Conditions:
  • Waiting period may apply
  • Only full-time employees eligible
Work Remotely:
  • Yes

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