Latitude, Inc. Mortgage Loan Processor in Arlington, Virginia
Latitude is now hiring for a Loan Processor in the Arlington, VA area! The following job duties and responsibilities are listed below:
Roles & Responsibilities:
Responsible for processing loans from set-up to closing by verifying, compiling and entering borrower information in to loan processing systems.
Reviews loan application files to verify that all data is complete and meets standards, including the loan type and purpose, borrower assets, liabilities, and employment.
Verify and analyze loan documentation including income, credit, appraisal, and title, while maintaining strict compliance with all applicable federal and state regulations.
Interact with Mortgage Professionals to obtain information from the borrower or to seek clarification about documents in the loan file.
Informs the Processing Manager of discrepancies in the file and obtains direction on how to proceed, as applicable.
Record data to track the status of loans in processing.
Submit loan application files to underwriting for approval, and creates and mails approval or denial letters to applicants.
Submit approved mortgage loan files to closing for settlement.
Performs administrative duties such as faxing, photocopying, filing and phone support, as required, by Loan Processor II and Processing Managers.
Conventional, FHA and VA Loan experience
Be able to calculate the income of a loan
Minimum of 1 year experience in mortgage loan processing position. Prior experience involving multi-tasking and detail-oriented responsibilities.
Previous experience with mortgage loan processing preferred
Eager to be trained on underwriting
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