Loan Processor - Sugarland, TX


Financial Services

Advert ID



Sugar Land

Job Type




Salary Range

USD45000.00-58000.00 per year

No. of Openings


Branch Information

Houston, TX - Metro - (USA) 2100 West Loop South Suite 400 TX Houston , TX 77027-3544



Job Description

Loan Processor - Sugarland, TX

This position provides quality loan processing, reviewing files for compliance to company standards and ensuring completeness for submission to Underwriting. Contacts borrowers and/or vendors to collect necessary documentation. Acts as liaison between customers, underwriters, closers, etc.

Minimum Qualifications:

* Must have a High School Diploma or GED and a minimum of two (1) year of experience processing loans; preferably recent experience.

* Previous experience as loan processor for a Broker required: Not a Bank

Knowledge, Skills and Abilities:

* Process residential mortgage loans (FHA, Conventional, VA, USDA - purchase and refinance transaction(s) in a manner consistent with all company policies and procedures as well as all regulatory requirements.

* Knowledge of applicable federal, state, and local laws, rules, and regulations in order to ensure compliance

* Ability to maintain high level of confidentiality regarding private, trade secret and/or proprietary information.

* Excellent attention to detail skills.

* Knowledge and understanding of computer software programs such as Microsoft Word, Excel, and Outlook as well as POINTS mortgage loan origination software

* Effective oral and written communication skills.

* Ability to work independently and as part of a team

* NMLS Certified

Examples of Duties:

* Review files for completeness and accuracy.

* Analyze file for program applicability.

* Review necessary documentation, such as income and asset documentation, credit report, verifications, appraisal report, preliminary title report, etc.

* Obtain accurate AUS findings.

* Contact borrowers to request additional documentation as needed. Call clients to review closing figures prior to submission.

* Provide status updates to loan officers, borrowers and agents.

* Coordinate all aspects of submission to underwriting, documentation requests and satisfaction of closing/funding conditions. Coordinate closings as needed.

* Submit files in a timely manner in accordance with company standards.

* Review pre-audit HUD1 to ensure accuracy. Work with loan officer and title companies to resolve any discrepancies prior to closing.

* Prioritize workflow to ensure time sensitive files are handled in proper order.

* Assure compliance with all regulatory and governmental standards, guidelines, rules and regulations with all regulatory authorities, federal or state ordinances and administrative regulations and statutes.

* Other duties as assigned.

Salary: $45,000 - $58,000 depending on experience

Team oriented Bonus at the end of each month based on overall closings

Monday - Friday, 9am-5pm