Loan Processor

About the position

Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry. The position involves processing residential mortgage loans, achieving production and quality metrics, and acting as a liaison between loan officers, borrowers, underwriters, and funding. Responsibilities include preparing and reviewing loan files for completeness and compliance, monitoring loan processing cycle times, and resolving issues that may delay loan closings.

Responsibilities

• Become the contact for non-licensed activity once the loan is submitted.
• Monitor the overall lending process and communicate issues that could impact timely closure of loans.
• Request supporting documentation from borrowers within required timeframes.
• Order and review all third-party documentation, including credit checks, title reports, appraisals, tax returns, and verifications of employment/assets.
• Check ratios and verify accuracy of AUS findings and program applicability.
• Review and verify documentation integrity to ensure compliance and submit loan file to underwriting for approval.
• Update and verify accuracy of data input into the system.
• Verify compliance with Company standards and federal/state regulations.
• Obtain and verify clearance of all underwriting conditions and prepare the file for submission to Closing.
• Order generation of loan documents.
• Provide status updates to Loan Officers and/or borrowers.
• Stay current with federal and state regulations and industry guidelines.

Requirements

• High school diploma or equivalent required; college courses/technical training related to Business, Finance/Accounting, Legal, or related field preferred.
• One or more years' experience with processing loans or assisting in loan processing.
• Ability to build strong relationships with loan officers and other partners.
• General knowledge of mortgage lending processes and regulatory requirements.
• Thorough knowledge of conventional loans and necessary conditions for approval.
• General knowledge of valid documentation related to processing consumer mortgage applications.
• Ability to prioritize multiple tasks in a deadline-driven environment.
• Excellent customer service and communication skills.
• Intermediate math skills.
• Strong detail orientation and highly organized.
• Prior experience using internal data entry systems and Microsoft Office.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• AD&D insurance
• Long-term disability insurance
• 401(k) with employer match