Loan Processor II
BCforward is currently seeking highly motivated Loan Processor II for an opportunity in Scottsdale, AZ.
Job Title: Loan Processor II
Location: Scottsdale, AZ
Expected Duration: 5+ Months (possibly for Contract to Permanent)
Shift: Monday to Friday (8:00 AM to 6:00 PM)
Responsible for processing retail mortgage loans from the time of application through final approval, maintaining contact with all internal and external parties, and receiving/reviewing all necessary documents.
Prepares and processes mortgage loan records, files and correspondence from application through final approval. Assures compliance with bank, regulatory and investor guidelines and customer service standards. Communicates with customers, internal staff, brokers, counsel, title companies, etc. to respond to inquiries, resolve problems and obtain all necessary documentation required for the file.
Orders all third items necessary for loan file, i.e., insurance, verification of employment, verification of mortgage/rents, credit supplements, etc.
Is the main point of contact with the borrower, keeping them apprised of the status of their loan, following up on conditions, and answering questions/concerns.
Reviews preliminary title reports/title commitments/appraisal reports/insurance policies to ensure they meet all requirements.
Prepares loan file for initial/final underwriting review and for delivery to our closing department.
Continually follows-up with borrowers and third-party agents every to ensure that documents are received/reviewed/approved in a timely manner.
Manages a pipeline of 25 - 30 loans, closing a minimum of 10 non HELOC loans or 50% of their starting pipeline.
Completes necessary compliance checklists throughout the life of the loan to ensure that complete files are submitted throughout the process and regulatory/compliance are met.
Loan types (FHA, VA, Bond, conventional, USDA, DPA, etc.) - mostly conventional, FHA, VA - bonus.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. High school Diploma or equivalent. Two to three years of experience in retail processing. Well-developed ability to manage multiple tasks/projects and deadlines simultaneously. Strong verbal and written communication skills. Thorough knowledge of loan processing and closing policies, procedures, documents, underwriting requirements, governmental and agency requirements, terminology, and automated processing systems. Thorough knowledge of credit policies and approval processes.
BCforward began as an IT business solution and staffing firm. Founded in 1998, BCforward has grown with our customers' needs into a full-service personnel solution's organization. Headquartered in Indianapolis, Indiana, BCforward also operates numerous delivery centers across North America and India. We are currently the largest consulting firm and largest MBE certified firm in Indiana. Our uninterrupted growth has allowed BCforward to deliver uniquely configured IT staffing and project solutions for over years of catering to our customers' specific needs. BCforward currently maintains a team of over 5000 global resources. With our additional brand, Stafforward, together we have the capabilities to deliver services for a variety of industries in both public and private sectors which allows us to address your most challenging needs www.BCforward.com
Interested candidates please send resume in Word format Please reference job code 93083 when responding to this ad.