Previous Job
Loan Processor
Ref No.: 19-00762
Location: San Diego, California
Position Summary of Mortgage Loan Processor:
We are seeking a qualified Loan Processor to join our team in our San Diego office. In this role you will compile information required to obtain loan approval from underwriting and to prepare loan files for mortgage loan closer.
Responsibilities of Mortgage Loan Processor:
  • Process files as applicable and analyze findings.
  • Order credit reports, appraisals and preliminary title reports.
  • Obtain verifications of bank accounts ( "VOD "), employment ( "VOE "), mortgage and rent.
  • Send commitment letter.
  • Examines loan applications for completeness, accuracy (loan amount, interest rate, correct property address, legal description, etc.) and validity (original signatures, one color of ink, no "white out ").
  • Verify that loans originated can be done pursuant to available programs and investor guidelines. Review documents received and obtain clarifications and corrections as required. When loan file is complete and accurate, submit to underwriting for approval.
  • Prepare package and submit to mortgage loan closer for preparation of closing documents.
  • Upon approval, notify borrowers and other interested parties of approval and conditions.
  • Provide support, information assistance, and training for new employees and loan originators/mortgage sales coordinators as required or requested.
Requirements of Mortgage Loan Processor:
  • Real estate knowledge or experience helpful.
  • Minimum of six months to one-year mortgage loan processing experience required.
  • Experience in other areas of the mortgage industry would be helpful; i.e., set-up, closing.
  • Technical knowledge relating to mortgage banking compliance, FHA, VA, Conventional and Client guidelines required. Ability to work independently with little supervision.
  • Typing at least 45 WPM, use of 10-key calculator by touch.
Benefits & Perks of Mortgage Loan Processor:
While we value hard work, we also recognize the importance of having fun! Our employees enjoy a collaborative environment where they can freely bounce ideas off one another and participate in exciting team building activities and outings, like trips to the ballpark, holiday celebrations, regular office socials and much more.
  • Positive, collaborative team culture
  • Competitive compensation structure
  • Comprehensive benefits package (Medical, Dental, 401K, etc.)
  • Discounted pet insurance
  • Home purchase discounts & more!
*All benefits are subject to qualification and hire dates. Not all benefits apply to commissioned sales people.*
If you are ready for more than a job and seek a career with one of the most respected organizations in a top industry then we want to hear from you.