Job Description

We are seeking a detail-oriented and experienced Loan Officer Assistant / Processor to support a high-producing Loan Originator. The ideal candidate will possess a strong understanding of loan processing, underwriting, and pipeline management. This role is crucial in ensuring that loan applications are processed efficiently and accurately while adhering to all regulatory requirements, including Fair Housing regulations and TILA guidelines. This position will also support the Loan Originator by managing the CRM and assisting in marketing on a regular basis. This is a fully remote position; thus, personal organization and motivation are crucial without distractions during working hours. The majority of loans are in Pacific or Mountain time zones, so working those hours is required. This hire is for the perfect "right hand" to assist our lead Loan Originator on sales and CRM management, along with processing the loans that come in through our proprietary loan origination software. Responsibilities:

• Review and analyze loan applications for completeness and accuracy.
• Process loans from origination through closing, ensuring compliance with Lender and Agency standards.
• Collaborate with loan officers to gather necessary documentation from borrowers and resolve any discrepancies.
• Conduct credit analysis to assess borrower eligibility and risk factors.
• Ensure all required disclosures are provided to borrowers.
• Maintain accurate records of all transactions and communications throughout the loan process in the CRM.
• Utilize basic math skills for calculations related to loan amounts, interest rates, and escrow accounts.
• Prepare loan files for underwriting review and clear any conditions.
• Assist the Loan Originator with weekly update status calls to borrowers and Realtors.
• Ensure loans close on time and solve 95% of issues before escalating to the Loan Originator.
• Be available after hours via mobile/email for urgent questions.
• Consistently exceed borrower and referral partner expectations.

Qualifications:

• Must maintain an active NMLS license
• Minimum 5 years in mortgage processing, underwriting, or origination
• Proficient in DU/DO, LP, and major investor guidelines, along with the flexibility to learn/master non-traditional loan programs such as Reverse and NonQM
• Experience with Loan Origination Systems
• Skilled in Microsoft Office Suite and Google Docs/Sheets
• Strong verbal and written communication skills with the ability to adapt to suit borrower and Realtor personalities or style
• Ability to work under pressure and meet deadlines
• Excellent time management & organizational skills
• Ability to collaborate across the branch and corporate levels
• Completion of all regulatory and compliance training.

About Company: Masters Of Lending Team has been involved in loan origination for nearly 20 years. Our lead Loan Originator has been ranked in top 1% in nation for over 15 years. We are licensed in 12 states from west coast to east, however most of the business is Pacific NW and Colorado. We are licensed under Canopy Mortgage LLC, which is one of the fastest growing mortgage lenders in the nation. Majority of loans are done in-house, and we love the proprietary loan origination system and other technologies. This team is focused on long-term client and referral partner relationships, no matter where the borrower or partner live. Much of our loan volume is remote, so we have a heavy emphasis on technology, web-based meetings and strong phone communication. Our CRM is very robust and has amazing tools built in to assist with client communication and retention, plus follow ups with partners. We also have a heavy emphasis on giving back to charity and community when possible.

Job Tags

Work at office, Remote work,

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