part of the RE / MAX Holdings organization which includes Motto Mortgage®, the first national mortgage brokerage franchise brand in the U.
S, is looking for Loan Processors to join our team!
This is a unique opportunity to work within a rapidly growing startup backed by the largest name in Real Estate. We are hiring 1+ employees for this position and there will be opportunities for upward growth.
The mortgage Loan Processor (LP) partners with Mortgage Brokers and Loan Originators (LOs) to facilitate a smooth transaction experience for borrowers.
The LP supports the LO by ensuring loan files contain all the documentation and data necessary to move through the loan lifecycle efficiently and to close the loan on time.
Attention to detail, passion for process, and obsession about excellent customer service are critical. The Loan Processor is responsible for prioritizing and executing tasks and is supported by advanced technology solutions and an experienced loan processing mentor.
The Loan Processor is exposed to very sensitive personal information of our borrowers, so high-levels of integrity and discretion are expected and non-negotiable.
Essential Duties :
- Assist Loan Originators by prioritizing sales pipelines based on application statuses
- Support Loan Originators with tasks related to completing the mortgage loan application (1003 Application) such as running AUS (Fannie Mae’s DU / DO, Freddie Mac’s LPA S2S, or USDA’s GUS) or importing information from credit reports
- Generate initial disclosures for LO review in accordance with the TILA-RESPA Integrated Disclosure Rule (TRID) procedures and timelines
- Collect documentation from borrowers at the direction of LOs and the loan system; enter document information into the loan system and submit information to wholesale lending organizations for conditional approval
- Manage the statuses and follow-up communications with mortgage services providers such as appraisers and title companies
- Work with wholesale lending underwriters to secure conditional approval and clearance to close
- Validate Final Closing Disclosure (Final CD) information and resolve any missing or mismatched data before closing the loan file in our system
- Execute a Closing Checklist to confirm that all regulated and reportable information is captured in a loan file before closing the file in our system
- Run and distribute various reports on a recurring basis
- Participate in process improvement projects
- Provide prompt, warm, and memorable service
Qualifications and Experience :
- 2+ years mortgage loan processing or other type of loan processing experience
- Exceptional Customer Service
- Ability to multi-task
- Strong attention to detail
- Wholesale and TPO experience not required, but a plus!
Hire Range / Rate : $45,000 - $53,000
$45,000 - $53,000
Actual compensation offered to candidate will be finalized at offer and may be above or below the posted range due to skill level, experience, industry specific knowledge, education / certifications, or geographic location.
The offer rate represents one component of the RE / MAX Holdings total compensation package. Employees will also receive a number of benefits as listed below.
Other compensation for this position may include bonus eligibility.
- Competitive Medical, Dental, and Vision benefits
- Retirement plans with optimal company match
- Annual bonus / merit opportunity
- Educational Assistance
- Medical Health support program
- M.O.R.E. Events offered in-person and virtually
- Mentorship program
- Employee Resource Groups
- Community Engagement
- Diversity, Equity, and Inclusion
- Parenting
- Remote
- Woman at RE / MAX
RE / MAX, LLC. / Motto Mortgage