Position: Sr. ProcessorLocation: Remote - must be able to work CST hours Pay: $24.04/hr + bonus + OT + full time benefits including 401k, paid holidays, & paid vacationCome work at New American Funding a Family-owned business, dedicated to helping other families and individuals improve their qualify of living. We are looking to add experienced Loan Processors to help us keep up with the $1.5b per month demand of our customers wanting to refinance and purchase homes. We are offering 100% permanent remote employment. We also have 200+ local offices across the country if you prefer an office setting. We offer very aggressive bonus plans that reward you for the effort that you put in as an individual. If you are hard-working and dedicated, and like the idea of working for a company that cares. Apply today!Direct Lender - minimal overlaysGreat compensation and benefits!Per file bonuses starting at loan number #1, paid out bi-weeklyReceive full stips, income documents, and all 3rd party items will be ordered before you get the loan!Jr. Processor Support, ordering hazard, insurance, payoffs, WVOE, VVOE, HOA, & HOI, including more!Send out your own LE's and CD's!Easy access to underwriters!Maintain all communication with borrower!ResponsibilitiesProcess FHA, VA, Conventional and other loan programs such as USDA, Home Equity Lines of Credit, 2nd Mortgages, Home Improvement loans, Down Payment Assistance and Bond Programs as well as Reverse Mortgages.Accurately calculate income for all types of borrowers.Communicate clearly and effectively with customers, loan agents and other third parties involved in the mortgage loan transaction.Request, review and verify all loan documents such as income, credit, appraisal and title insurance, to ensure complete and accurate information is in the file before it is sent to underwriting.Obtain verification of deposit, verification of employment, credit reportPrioritize and monitor daily workflow in order to ensure all loans are being worked on in accordance with company's timeline expectations.Maintain constant communication with customers and loan agents on status updates and/or changes to the loan.Ensure any necessary and critical changes which require redisclosure have been accurately notated and checked in the loan origination system for compliance purposes.Coordinate loan closing with customers, title companies, and loan agents.Work additional hours as needed.Other duties may be assigned.QualificationsDemonstrate advanced product knowledge of FHA, VA, Conventional and other loan programs such as Home Equity Lines of Credit, 2nd Mortgages, Home Improvement, down payment assistance and bond programs.Demonstrate working knowledge of federal and state guidelines, rules and regulations such as TRID.Advanced ability to analyze complex tax returns accurately calculate income for all types of borrowers.Excellent written and oral communication skills.Desired Education/Experience: 5-7 years' experience processing mortgage loans.Current experience processing purchase loans.Proficient with Encompass, or other paperless mortgage loan origination systems.Understanding of all compliance regulations and investor guidelines.Other Duties: This job may require frequent sitting or standing for long periods of time. This job profile is not intended to be an all-inclusive list of job duties and responsibilities, as one may perform additional related duties as assigned in order to meet the needs of the organization.Work Authorization: Must be able to verify identity and employment eligibility to work in the U.S.Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully
