Title:
Loan Processor (Non – LO – Processor) Job Status: Full
Time/Hourly
Department:
Loan Operations Reports to: Loan Processor Team Leader
Work Schedule:
Flexible Amount of Travel Required: No travel required
Vanderbilt Mortgage and Finance, Inc. was established in 1974 and currently
services over 200,000 loans. Our strength as an organization is rooted in
the quality of our people and products. We are an equal opportunity
employer committed to creating a diverse workforce. Furthermore, we're
financially strong, with a reputation for leading the industry with
unsurpassed products, a broad range of services and a coast-to-coast
presence. And we're professionally strong, from entry level to more
experienced positions, we're actively recruiting individuals who are
passionate, positive, and eager to learn. As a member of our team, we will
equip you for success, you'll enjoy excellent benefits, opportunities for
growth and an encouraging culture that supports work/life balance.
POSITION SUMMARY:
The Loan Processor position exists to evaluate the financial details
and background of the applicant. They perform purely administrative
tasks surrounding loan processing. They do not negotiate or advise
credit terms with consumers.
ESSENTIAL FUNCTIONS:
-
Coordinates with borrowers regarding intent to proceed and
reallocation of funds, and to gather conditions needed for a loan
closing.
-
Processes mortgage packages on behalf of the Loan Specialists
(LOs).
-
Communicates with the realtors, independent dealers, and consumers
to explain and request documents required to clear loan conditions.
-
Requests finalized purchase agreement from Home Center
Representative just prior to ordering appraisals.
-
Orders and tracks appraisals, title work, and flood certifications.
-
Monitors processing pipeline to ensure loans are progressing based
on regulatory and company’s requirements.
-
Performs other duties as assigned.
QUALIFICATIONS:
-
High School Diploma or Equivalent required, college a plus.
-
Strong computer skills with ability to type at least 25 wpm.
-
At least 2 years of mortgage lending experience a plus.
-
Strong communication skills with a high sense of urgency.
-
Ability to conduct research and make knowledgeable decisions
regarding issues related to mortgage loan processing.
-
Must be well organized, detail oriented, be able to multi-task
effectively.
-
Knowledge of AS/400 and Link a plus.
PHYSICAL DEMANDS:
-
Must be able to remain in a stationary position 75% of the time.
-
Constantly operate a computer and other office productivity
machinery, such as a telephone, calculator, copy machine, and
computer printer.
-
90% communication methods completed over the phone and/or email.
Must be able to exchange accurate information at all times.
-
Ability to identify and assess account status and determine
appropriate process.
-
Constantly works in an indoor temperature controlled, sealed window
office environment.
BENEFITS:
-
401(K) includes 100% company match of the first 4%
-
Medical and Dental Plan with Prescription Coverage and Vision
-
Paid Time Off (PTO) and holidays
-
Tuition Assistance
-
Wellness Programs and On-site workout facility
-
On-site restaurant
-
BONUSES!!!
