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Processor (Castle & Cooke Mortgage, LLC)
Ref No.: 16-08499
Location: La Quinta, California
The primary purpose of the Mortgage Loan Processor position is to obtain, examine, compile and complete Processor Checklist for submission to underwriting with the goal of obtaining a one-touch underwriting approval .

Mortgage Loan Processor Duties:
  • 2 + years industry experience, one of those years being as a Jr. Processor
  • Thorough knowledge of BYTE (or other LOS programs) and know workflow, using and completing processing checklists.
  • Work closely with LO and pre-processor to ensure all documents are obtained for underwriting submission.
  • Be able to calculate income, read credit reports and analyze bank statements to make sure assets are available.
  • Understand and know all details of the purchase contract and REPC.
  • Understand Fannie and Freddie and be able to read AUS and satisfy all condition of AUS prior to loan submission, while staying up-to-date on program guidelines and changes.
  • Be contact for borrower to obtain all necessary documentation to submit loan to underwriting.
  • Submit complete files to underwriting with a high percent of very few condition or one-touch files.
  • Know full process for Conventional, FHA, VA, USDA and Bond programs.
  • Submit completed loan to underwriting and clear conditions with a 24hr response time.
  • Sending out redisclosures with Change of Circumstance with necessary and completing Loan Estimate log
  • Submit loan to closing and clear all processor funding conditions prior to loan funding.
  • Return all emails and phone calls, within one hour, during business hours.
Skills:
  • Mortgage processing experience required
  • Experience with DU, LP & GUS
  • Extensive knowledge of Conventional, FHA, VA and USDA loan programs
  • Excellent oral and written communication skills
ControlID: 14.234.89 SHR