Processor

Company: Homeowners Financial Group
Location: Peoria
Posted on: February 24, 2021

Job Description:

Description: Work for an Award Winning Company Culture!Are you an independent, self-starting, team player with a positive attitude? Are you passionate about giving back to your community? Do you want to work for a company that we like to think as the happiest place in mortgage and has been voted a Best Place to Work for the last 15 years? Join our family at Homeowners Financial Group and you can take advantage of our great benefits.Benefits:

• 9 paid holidays
• Generous paid time off policy
• Cigna Healthcare Benefits including vision, medical, life and dental
• 401k
• Employee tenure program
• President's Club for both Sales and Operations staff Who We Are: Homeowners Financial Group has over 350 employees in 35 offices across the country and has helped tens of thousands of homeowners realize home ownership. We are not your typical mortgage company: we foster a family environment, we give back to the community through dozens of charities and we love what we do!Who We Want: We want a Processor who ensures timely and accurate packaging of all loans originated by the Licensed Mortgage Professionals (LMPs). The Processor confirms all loan documentation is complete, accurate, verified and complies with company policy. The processor is responsible for processing and closing a minimum of 15 loans monthly while maintaining a pipeline conducive to meeting the minimum requirement.Essential Duties:
  • Processes FHA, VA, Conventional and other loan programs such as USDA, Home Equity Lines of Credit, 2nd Mortgages, Home Improvement loans, Down Payment Assistance, and Bond Programs as well as Reverse Mortgages.
  • Ability to 'pre-underwrite' the file assuming what conditions will be needed prior to the file being underwritten.
  • Proficient in analyzing the application, credit report, income, assets, liabilities and collateral documentation for accuracy.
  • Collects all documentation required to meet all investor guidelines prior to submitting the file to Mortgage Underwriter for review and acceptance.
  • Orders, follows up and obtains all third party verifications required for loans submission. This includes, but is not limited to: Verification of Employment, 4506T, Appraisal, Title, Credit Reports/Credit Supplements, Hazard Insurance and Flood Certifications.
  • Responsible for ensuring that all Federal and State disclosures are issued correctly and signed and dated by all applicable parties.
  • Responsible for entering and auditing all information and documentation in the companies LOS to guarantee accuracy.
  • Submits loan through Automated Underwriting System (AUS) to ensure the validation of the loan documents against the automated underwriting findings and calculating funds required to close.
  • Provides applicants for first-lien loans with a copy of the appraisal, as well as other written valuations, at least three business days before consummation.
  • Maintains necessary pipeline management to ensure all loans meet expected close of escrow date and/or lock expiration.
  • Responsible for notifying the applicant(s), within 30 days of receiving an application, the action taken on their loan request or the issuance of an incomplete application notice.
  • Communicates with borrowers in a manner which shows sensitivity, tact, and professionalism.
  • Expected to maintain a high level of customer service including extensive communication with Licensed Mortgage Professionals (LMPs), Underwriters, Closers, and Managers.
  • Provides high-level processing support to experienced LMPs requiring additional assistance on high volume or complex loan files.
  • Participates in HFG internal meetings and required trainings.
  • Participate in proactive team efforts to achieve departmental and company goals.
  • Maintains a professional image and demonstrates an understanding of and follows all HFG Policies and Procedures.
  • Other duties, responsibilities and/or qualifications may be assigned to this position as the need arises and/or management requires.. Requirements: Qualifications:
    • High School Diploma or GED equivalent, required
    • Minimum of 3 years of relevant mortgage industry experience required
    • Minimum of 1 years of mortgage loan processor or closer of Conventional, FHA and VA products preferred
    • Experience submitting loans to multiple investors
    • Experience with Encompass/ Optimal Blue/ DU/ LP/ and major origination systems preferred
    • Working knowledge of mortgage loan process, FNMA, FHA, VA, RD, USDA, and SAFE ACT guidelines
    • Strong understanding of Agency guidelines
    • Proficient PC skills to include Excel, Word, and Microsoft Outlook
    • Knowledge of operating standard office equipment (Knowledge/Skills)
    • Excellent written and verbal communication skills
    • Provides strong customer service to internal and external customers
    • Ability to develop positive relationships
    • Exceptional organization and time management skills. Ability to manage multiple tasks and deadlines in a fast paced environment
    • Must be able to implement written procedures
    • Independent, self-starting, team player with a positive attitude
    • Ability to read, analyze, and interpret financial data
    • Working knowledge of real estate transactions requirements of Federal and State agencies Working Conditions:The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. This job may require handling objects up to 10 pounds frequently and 20 pounds occasionally. While performing the duties described herein, the employee is regularly required to sit; use hands and fingers to handle or feel in addition to talking and hearing. The employee is frequently required to stand and walk. The noise level in the work environment is usually moderate. Office environment is normally climate-controlled.Homeowners Financial Group is an Equal Opportunity Employer. All employment is decided on the basis of qualifications, merit and business need.
      
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Keywords: Homeowners Financial Group, Peoria , Processor, Other , Peoria, Arizona