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Loan Processor (Bay Equity)
Ref No.: 16-07529
Location: Henderson, Nevada
Bay Equity is a full-service retail mortgage lending institution headquartered in Sausalito. In 2011 and 2012, San Francisco Business Times named Bay Equity among its "Top 100 Fastest-Growing Private Companies " in the Bay Area. Bay Equity also has operations centers in Concord, California; Portland, Oregon; and Everett, Washington and 74 retail branch offices.

We are hiring for a seasoned Loan Processor in our Las Vegas/Henderson Retail Branch. All employees of Bay Equity are expected to provide quality customer service and maintain high ethical standards when serving our clients.

Duties and Responsibilities:
  • Review loan application to determine the completeness of all documents and verify the borrows qualification for specified loan product
  • Advise loan officer of any deficiencies or missing documentation
  • Works with escrow to obtain all items necessary for disclosure e.g. estimated HUD, preliminary title report, closing protection letter and wire instructions
  • Prepares LE, fee worksheet and all disclosures, orders appraisal and run credit
  • Package and submit complete files to operations through Encompass program
  • Upon receipt of loan approval, works with the loan officer, loan coordinator, and escrow officer to clear all prior to doc conditions and funding conditions
  • Prepares doc request and submits to loan coordinator
  • Arranges signing for borrower with escrow officer
  • Works with funder, loan officer and escrow officer to clear funding conditions
Minimum Requirements:
  • Minimum 3 years recent/current mortgage loan processing experience
  • Experience utilizing Encompass mortgage software required
  • Must have experience processing government FHA and VA loans
  • Must have experience processing conventional and non-conforming loans
  • Ability to work collaboratively with others
  • Excellent communication skills
  • Strong customer service skills
  • Ability to multi-task and use deductive reasoning
  • Knowledge of Encompass, Client (DU) and Freddie Mac (LP)
We offer a comprehensive benefit package including; medical, dental, vision, life insurance, 401k, and paid time off. This is a full-time position with enormous growth potential in an expanding company.

ControlID: 14.234.89 SHR