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Neighborhood Finance Corporation (NFC) · 1 day ago

Mortgage Loan Processor

Des Moines, IA

Full-time

Onsite

Entry Level

$40K/yr - $48K/yr

1+ years exp

Neighborhood Finance Corporation (NFC) is seeking a qualified Mortgage Loan Processor to join their team in the Des Moines office. The role involves processing purchase, refinance, and home improvement loans, ensuring documentation is complete and meets company standards, while also coordinating with borrowers and third parties throughout the loan approval process.

FinanceFinancial ServicesReal Estate

Responsibilities

Day to day administration of the mortgage loan process

Keep current with NFC loan products and loan guidelines

Review residential loan application files to verify that the application data is complete and meets company and investor standards, including loan amount, assets, liabilities, length of employment and income

Coordinate with borrowers and third parties to review and resolve conditions for loan approval in person, by telephone or virtual communication

Review contractor bids for accuracy and signatures along with Renovation Contractor Agreements as required

Prepare necessary documents and submit mortgage loan application files for underwriting approval

Follow up on all outstanding orders to third parties within established company guidelines

Complete verifications, verbal and/or written, as needed

Assist and participate in other projects as assigned by management

Qualification

Conventional mortgage lendingFannie Mae guidelinesLoan processing experienceUnderwriting guidelines knowledgeMS Office proficiencyCustomer service skillsCommunication skillsDetail-orientedCritical thinking

Required

Strong customer service skills and the ability to explain a complex lending product

Strong communication skills – written and speaking

Proficiency with MS Office applications including Word, Outlook and Excel

Ability to learn loan origination system

High school diploma or equivalent

Preferred

A two or four-year college degree

A minimum of 1-3 years of loan processing

Knowledge of underwriting guidelines for conventional mortgage loans; specifically, Fannie Mae guidelines

Bilingual candidates are encouraged to apply

Benefits

401(k)

401(k) matching

Dental insurance

Employee assistance program

Flexible spending account

Health insurance

Paid time off

Vision insurance

Company

Neighborhood Finance Corporation (NFC)

NFC provides unique lending programs and other services to facilitate neighborhood revitalization in Polk County and Cedar Rapids, Iowa through partnerships with residents, governments, community based organizations and the business community.

Founded in 1990

Des Moines, Iowa, USA

11-50 employees