Bay Equity, LLC · 4 hours ago
Loan Processor - Remote
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Responsibilities
Proficient with all types of AUS submissions (DU, LP & GUS)
Experience with Encompass Operating System
Must have extensive guideline knowledge in FHA, VA, USDA, Convention loans and experience with various down payment assistance programs.
Experience working on brokered loans with various lenders
Work directly with the borrowers, loan officers, underwriting, title, closing, and vendors to satisfy outstanding loan conditions in an expeditious manner.
Communicate with all parties as appropriate at each stage of the loan process.
Clearly explain needs list items and loan conditions to borrowers, LOA, and Loan officers so they can understand.
Able to quickly calculate Income for various types of borrowers, including self-employed with complex tax returns
Deliver clean, complete, and accurate files to both underwriting and closing.
Maintain a high level of customer service and communicate professionally externally and internally with other departments and/ or business partners.
Ability to review the CD line by line with the borrower
Arranges signing for the borrower with the escrow officer
Works with the funder, loan officer, and escrow officer to clear funding conditions.
Qualification
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Required
Proficient with all types of AUS submissions (DU, LP & GUS)
Must have extensive guideline knowledge in FHA, VA, USDA, Convention loans and experience with various down payment assistance programs.
Experience working on brokered loans with various lenders
Work directly with the borrowers, loan officers, underwriting, title, closing, and vendors to satisfy outstanding loan conditions in an expeditious manner.
Communicate with all parties as appropriate at each stage of the loan process.
Clearly explain needs list items and loan conditions to borrowers, LOA, and Loan officers so they can understand.
Able to quickly calculate Income for various types of borrowers, including self-employed with complex tax returns
Deliver clean, complete, and accurate files to both underwriting and closing.
Maintain a high level of customer service and communicate professionally externally and internally with other departments and/ or business partners.
Ability to review the CD line by line with the borrower
Arranges signing for the borrower with the escrow officer
Works with the funder, loan officer, and escrow officer to clear funding conditions
Minimum 3 years of mortgage loan processing experience
Ability to work collaboratively with others
Strong interpersonal, written, and verbal communication skills
Ability to multi-task and use deductive reasoning
Strong organizational skills, attention to detail, and ability to meet deadlines
Must display a working team attitude and have strong professional references
Preferred
Experience utilizing Encompass mortgage software preferred
Benefits
Medical
Dental
Vision
Life insurance
401k
Paid time off
Company
Bay Equity, LLC
Bay Equity is a full-service retail mortgage lender.
Funding
Current Stage
Late StageTotal Funding
unknown2022-01-12Acquired
Leadership Team
Recent News
2022-01-13
GlobalFinTechSeries
2022-01-13
2022-01-12
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