Branch Processor - Fairway Independent Mortgage Corporation
Franklin, TN 37067
About the Job
The Branch Processor position prepares loan files for residential mortgage applications. Works with Loan Officer to determine product suitability; communicates changes to loan officer.
Position Location: In office - Franklin, TN
What you will do:
- Complies financial and other needed data to complete loan file
- Orders supporting documentation, such as appraisals, verifications of employment, verifications of deposits, etc.
- Evaluates loan applications for reasonableness and, if needed, escalates files for further evaluation
- Communicates with Loan Officer and borrower to obtain missing documentation
- Reviews files for completeness prior to submission to Underwriting
- Obtains documentation needed to clear conditions, if required
- Submits approved files to Closing
- Prioritizes workflow so loans close on time
- Communicates with title company, appraiser, and other vendors as required
- Provides excellent customer service to borrower, loan officer, vendors, and other interested parties
- Prepares and sends approval and denial letters. Directs client to Loan Officer or other Licensed employee to clarify and or answer any questions
- Records data on the status of loans, including number of new applications and loans approved, cancelled or denied
What we are looking for:
- 1+ years of related experience.
- Demonstrated experience in or knowledge of the Mortgage industry preferred
- Solid knowledge and understanding of state and federal real estate lending regulations.
- Solid knowledge and understanding of loan processing software systems.
- Solid knowledge and understanding of customer service and intrapersonal best practices.
- Solid knowledge and understanding of conventional and government (FHA/VA) loan requirements
- Solid knowledge and understanding of desktop underwriting programs preferred
At Fairway, we are committed to cultivating, fostering, and preserving a culture of diversity, equity, inclusion, and belonging. We do this with dialogue and advocacy through voluntary employee-led resource groups and corporate-sponsored events. We strive to attract, recruit, hire, develop, and retain the very best employees at all levels. Fairway is committed to embracing talent and supporting a culture of inclusivity, reflective of Fairway's Core Values.
Fairway is an equal opportunity employer & is committed to equal treatment and opportunity in all aspects of recruitment, selection, and employment without regard to gender, race, religion, national origin, ethnicity, disability, gender identity/expression, sexual orientation, veteran or military status, or any other category protected under the law.
What Fairway can offer YOU!
- Competitive compensation
- Benefits include medical and dental insurance.
- Life and Disability insurance
- Matching 401k
- Employee Stock Ownership Plan
- Paid Time Off plus company-paid holidays
- Employee discounts for wellness, pet insurance, auto and homeowner’s insurance, and MORE!
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