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Carrington Holding Company, LLC · 18 hours ago

Remote Sr, Loan Processor, Wholesale,

United States

Full-time

Remote

Mid, Senior Level

$58K/yr - $70K/yr

3+ years exp

Carrington Holding Company, LLC is a provider of loan programs and services in the mortgage industry. They are seeking a Senior Loan Processor to ensure quality loan processing, review files for adherence to standards, and manage communication with various stakeholders throughout the loan process.

Financial ServicesReal Estate

Responsibilities

Receives and review loans submissions, monitors incoming documents, and verifies data collected by Brokers

Obtains necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files

Organizes and inputs loan information received into the company’s Loan Origination System (LOS)

Maintains open files, orders appraisals, sends verifications, and acquires documentation related to Borrower and property

Ensures the quality and compliance of work with Company policies, procedures, and investor guidelines

Ensures that all loans are processed to meet Company and Investor guidelines

Communicates with Escrow Officer/Settlement Agent, Title Officer, Realtor, Closing Agent, and Appraisal Management Company, and other external parties as required to resolve outstanding issues

Communicates with Sales Management, Account Executives, Operations Manager, Disclosure Department, Underwriting Department, Docs/Funding Department, and other internal staff as required to resolve outstanding issues

Informs Account Executive, Broker, and/or borrower about discrepancies in title, appraisals, credit, employment, income and other file related items and status of the loan

Reviews and evaluates credit information on mortgage loan documents to determine acceptability for loan programs

Pulls or verifies credit reports and flood certificates as needed

Submits completed file to Underwriting Department for approval

Obtains necessary stipulations to clear stipulations prior to docs and funding as required by Underwriting

Ensures compliance deadlines are met with regards to issuance of initial disclosures, approval letters and denial notices

Process 4506T, lock confirmations and request Change of Circumstance (COC’s) as needed

Proactively monitors pipeline to ensure timely funding of loans

Assists Post Closing Department as needed with making the loan whole for purchase into secondary market

Qualification

Loan ProcessingUnderwriting GuidelinesEncompass/EmpowerAutomated Underwriting EnginesMicrosoft OfficeCustomer ServiceOrganizational SkillsVerbal CommunicationWritten Communication

Required

Maintains highly confidential information in accordance with Company's privacy policy concerning borrower's information (concerning borrower's confidential information)

Must demonstrate thorough knowledge of all aspects of mortgage loan processing function and underwriting guidelines

Excellent computer skills and working knowledge of Microsoft Office products

Strong skill in the use of office machines such as computer, copiers, fax machines

Strong customer service skills

Requires extremely high level of organizational skills and ability to work on several tasks simultaneously

Ability to maintain constant contact with borrower and internal office staff

Ability to communicate effectively both verbally and in writing

Ability to handle detailed assignments

Ability to organize and prioritize workload and meet deadlines

Requires a High School diploma or equivalent work experience

Three or more years Loan Processing work experience required