Loan Processing Specialist jobs in United States
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SWBC · 1 week ago

Loan Processing Specialist

SWBC is a leading mortgage corporation seeking a Loan Processing Specialist to manage and process mortgage loan documentation from application to approval. The role emphasizes customer service and compliance with regulatory standards while ensuring a smooth mortgage process for homeowners.

BankingFinanceFinancial ServicesInsurance
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H1B Sponsor Likelynote

Responsibilities

Prepares loan files that are semi-route in nature for loan submission to underwriting by inputting information into system, completing processing sheets, and prioritizing documents in the file, and preparing and mailing all required loan disclosures
Reviews and verifies each file to ensure all information is correct and current and normally receives general instructions on routine work and on new assignments
Orders credit reports, title commitments, surveys, and appraisals from the appropriate party and reviews for acceptability prior to submitting for approval
Acts as a liaison between customers and all parties involved in the transaction and communicates with customers if any items are needed for loan submission and keeps them posted on loan status
Submits files through automated underwriting for approval and completed loan packages to appropriate underwriter for final approval and validation
Prepares approved loans for closing and coordinates closing with lenders, borrowers and title companies to include the reconciliation of money collected and disbursed and the completion of data on the HMDA screen
Attends seminars, in-house training sessions, and/or reads mortgage publications to stay abreast of new loan product guidelines and processing procedures, including credit guidelines and underwriting requirements
Sends verification for deposits, employment, installment loans, mortgages and rentals, as required and participates in providing loan origination services as needed for customer call-ins
Requests additional information from title companies, builders, Realtors and others by phone, fax, or letter when needed and prepares and mails Adverse Action Notices and updates Loan Origination System (LOS)

Qualification

Mortgage processing experienceFNMA guidelinesLoan processingVAFHACredit policiesAutomated processing systemsAnalytical skillsManage multiple tasksTyping speed 60 WPMInterpersonal skillsCommunication skillsOrganizational skillsTime management skillsWork under pressure

Required

High School Diploma or equivalency
Minimum of one to three (1 - 3) years of mortgage processing or two to three (2 - 3) years of clerical, administrative support, or related experience
State Licensing may be required by some states
Understanding of FNMA and Freddie MAC guidelines
Understanding of loan processing and closing policies, procedures, documents, underwriting requirements, governmental and agency requirements, terminology and automated processing systems
Understanding of credit policies and approval processes
Working knowledge of general office equipment
Strong analytical and problem solving skills
Good interpersonal skills to work well with loan officers and customers
Excellent verbal and written communication skills
Excellent organizational and time management skills
Able to manage multiple tasks/projects and deadlines simultaneously
Able to work well under pressure
Able to type at least 60 WPM accurately
Able to work under sometimes demanding conditions while maintaining professionalism and enthusiasm
Able to lift 10- 20 lbs. of files or other loan documents
Able to sit for long periods of time preparing and processing mortgage loan files

Preferred

Knowledge of VA and FHA preferred

Benefits

Competitive overall compensation package
Work/Life balance
Employee engagement activities and recognition awards
Years of Service awards
Career enhancement and growth opportunities
Leadership Academy and Mentor Program
Continuing education and career certifications
Variety of healthcare coverage options
Traditional and Roth 401(k) retirement plans
Lucrative Wellness Program

Company

SWBC is a provider of insurance, mortgage, and investment services to financial institutions, businesses, and individuals.

H1B Sponsorship

SWBC has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (22)
2024 (16)
2023 (9)
2022 (22)
2021 (14)
2020 (11)

Funding

Current Stage
Late Stage

Leadership Team

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Gary Dudley
President and Co-founder
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Company data provided by crunchbase