Job Summary
We are seeking an experienced Loan Processor to support residential real estate lending from application through closing. The ideal candidate has a strong background in mortgage loan processing within a bank or credit union environment, is highly knowledgeable in secondary market guidelines, and is comfortable working in a fully digital, paperless environment.
Key Responsibilities
- Process residential real estate mortgage loans from application to closing in compliance with internal policies and regulatory requirements
- Review and verify loan applications, credit reports, income documentation, appraisals, and title work
- Ensure loans meet secondary market guidelines, including Freddie Mac and Fannie Mae requirements
- Communicate with borrowers, loan officers, underwriters, attorneys, and third parties to obtain required documentation
- Prepare and submit complete loan files for underwriting and respond to conditions in a timely manner
- Maintain accurate and up-to-date loan files within loan origination systems and document management platforms
- Monitor loan timelines to ensure on-time closings
- Ensure compliance with all applicable federal, state, and investor regulations
Required Qualifications
- 2+ years of real estate mortgage loan processing experience
- Prior experience working within a bank or credit union
- Strong understanding of secondary market guidelines and secondary mortgage processing
- Hands-on experience with Freddie Mac and Fannie Mae loan requirements
- Proficiency with loan origination systems and mortgage-related software
- Ability to quickly learn and adapt to new systems and technology in a paperless environment
- Strong attention to detail and organizational skills
- Excellent written and verbal communication skills
Preferred Qualifications
- Experience with conventional, conforming, and secondary market loans
- Familiarity with compliance and regulatory standards affecting mortgage lending
- Ability to manage multiple loans simultaneously in a fast-paced environment
Work Environment
- Predominantly paperless, technology-driven workflow
- Collaborative team environment supporting lending, underwriting, and closing functions
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