Loan Processor

$55,000 - $60,000/Yr

Maxwell Financial Labs - Denver, CO

Full-time - Mid Level

Denver, CO

Publishing Industries

About the position

The Mortgage Loan Processor at Maxwell Financial Labs, Inc. is responsible for gathering and reviewing the necessary documentation for loan applications. This role involves ensuring that all essential fields in mortgage applications are completed, coordinating with various parties involved in the loan process, and submitting applications in a timely manner. The position requires effective communication and a proactive approach to managing documentation and follow-ups with borrowers.

Responsibilities

• Thoroughly review the loan file to determine the needed documentation
• Timely follow-up with borrowers to obtain documentation
• Coordinate with the Loan Officer to obtain and communicate critical information
• Coordinate all parties involved in the transaction
• Complete any duties required to finalize a loan package for submission
• Concise and accurate input of data and interface with vendor software
• Submit a complete and accurate file for underwriting
• Timely clearing of underwriting conditions
• Complete any remaining duties requested by management or underwriting

Requirements

• High school diploma or GED required
• Demonstrated ability to submit complete and accurate loan files to underwriting
• Effective communication skills, both verbal and written
• Proactive nature with the ability to set priorities
• Strong work ethic focusing on quality and excellent customer service
• Experience with initial disclosures and re-disclosure desired
• Additional experience in the mortgage industry is a plus
• Experience in disclosure requirements is a plus
• Recent experience working in a broker environment is a plus

Nice-to-haves

• Experience in the mortgage industry
• Experience with initial disclosures and re-disclosure
• Experience in disclosure requirements
• Recent experience working in a broker environment

Benefits

• Competitive pay and meaningful equity
• Top-tier medical, dental, and vision insurance
• Flexible time off plus all 11 major holidays and 2 floating holidays
• Two volunteer days - paid days off to volunteer each year
• An “Even Merrier Holidays” office shutdown between Christmas and New Years
• A powder ski day for a day off to ski