Loan Processor

We are seeking a Loan Processor to join our team at Multiply Mortgage. The Loan Processor will be responsible for collecting, analyzing, and processing loan applications, ensuring compliance with regulatory guidelines, and coordinating with various stakeholders to facilitate timely loan closings.

Requirements

• 5+ years of proven experience as a mortgage loan processor in a retail environment
• 1+ year of broker processing experience
• 2+ year experience with non-QM and non-Agency/Jumbo loan programs
• Ability to calculate income for self-employed borrowers and pre-underwrite files
• Attention to Detail: Meticulously review and verify all loan documentation for accuracy and completeness, ensuring no errors or omissions that could delay processing
• Organizational and Time Management Skills: Efficiently manage multiple loan files simultaneously, tracking deadlines and documentation requirements for each application
• Communication Skills: Proactively communicate with borrowers, loan officers, underwriters, and third-party vendors in a professional and concise manner
• Problem-Solving: Identify and resolve discrepancies or missing information quickly, working with all parties to keep the loan process moving forward
• Analytical Skills: Evaluate credit reports, financial statements, and other documentation to assess borrower eligibility and risk
• Regulatory Knowledge: Understand and apply federal and state mortgage lending regulations, including TILA, RESPA, TRID, and HMDA
• Adaptability: Stay current with changes in mortgage lending practices, technology, and regulations, and adapt to evolving industry standards

Benefits

• Equity
• Comprehensive health, dental, vision, and life insurance for you and your family
• 401k retirement plan
• Flexible PTO policies designed to be utilized fully
• 12 weeks of paid parental leave for new parents