Overview:
We are seeking a detail-oriented and organized individual to join our team as a Loan Servicer/Processor.
As a Loan Servicer/Processor, you will play a crucial role in ensuring the smooth and efficient processing of loan applications.
This position requires strong analytical skills, knowledge of financial services, and the ability to work in a fast-paced environment.
Responsibilities:
-Consult clients with respect to performance in areas like servicing, delivery accuracy, investor reporting, document control, custodial account management, loss mitigation, reporting and lender compliance.
- Review loan applications and supporting documentation for completeness and accuracy
- Verify borrower information, including employment, income, credit history, and assets
- Calculate debt-to-income ratios and evaluate borrower's ability to repay loans
- Prepare loan files and submit them for underwriting approval
- Communicate with borrowers, lenders, and other parties involved in the loan process to obtain necessary information and resolve any issues
- Ensure compliance with all applicable laws, regulations, and company policies, including TILA (Truth in Lending Act) requirements
- Coordinate loan closings and work closely with escrow officers to ensure timely funding
- Maintain accurate and up-to-date records of all loan transactions
Qualifications:
- High school diploma or equivalent; Bachelor's degree in finance or related field preferred
- Previous experience in loan processing or related financial services role
- Strong knowledge of mortgage servicing procedures and credit analysis
- Familiarity with loan origination software and systems
- Excellent attention to detail and ability to perform basic math calculations
- Strong communication skills, both written and verbal
- Ability to work independently and meet deadlines in a fast-paced environment
- Knowledge of contract law and escrow procedures is a plus
If you are looking for an opportunity to contribute to a dynamic team in the financial services industry, we encourage you to apply for the position of Loan Processor.
We offer competitive compensation and benefits packages, as well as opportunities for career growth within our organization.
Job Type: Full-time
Pay: $16.
00 - $20.
00 per hour
Expected hours: 40 per week
Benefits:
* Dental insurance
* Health insurance
* Paid time off
* Retirement plan
Schedule:
* 8 hour shift
* Monday to Friday
Experience:
* Banking: 1 year (Required)
Ability to Commute:
* Saint Ignatius, MT 59865 (Preferred)
Ability to Relocate:
* Saint Ignatius, MT 59865: Relocate before starting work (Required)
Work Location: In person