Entry Level Loan Processor (Recent College Grads Encouraged to Apply) - Latitude Inc
Calverton, MD 20705
About the Job
Position Overview:
The Entry-Level Loan Processor will assist in the processing of mortgage loan applications, ensuring all necessary documentation is collected, reviewed, and submitted in a timely manner. This role requires strong attention to detail, excellent communication skills, and the ability to work efficiently in a fast-paced environment. Training will be provided to help you develop a comprehensive understanding of the mortgage loan process. No experience needed, recent college graduates encouraged to apply.
Responsibilities:
- Document Collection and Review:
- Collect and organize required documentation from loan applicants, such as income statements, tax returns, and credit reports.
- Review loan applications and documentation for completeness and accuracy.
- Verify applicant information and ensure all necessary documentation is included.
- Communication and Coordination:
- Communicate with loan applicants, real estate agents, and other stakeholders to obtain additional information or clarify details as needed.
- Coordinate with underwriters, loan officers, and other team members to facilitate the loan approval process.
- Provide regular updates to applicants on the status of their loan applications.
- Data Entry and Management:
- Enter and maintain accurate loan application information in the company's loan processing system.
- Track the progress of loan applications and ensure timely completion of all processing tasks.
- Prepare and distribute loan documents for signatures and approvals.
- Compliance and Quality Control:
- Ensure all loan processing activities comply with federal, state, and company regulations and guidelines.
- Conduct preliminary quality control checks to identify and resolve any discrepancies or issues.
- Assist in preparing loan files for underwriting and final approval.
PI250027016
Source : Latitude Inc
